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HIP referred
pauloharpo
Posts: 15 Forumite
Hi all. We have never sold a house before, and on a visit by the estate agent we decided to use we were asked about the Homebuyers pack. He said if we pay now it is £300 through them or defer he would reduce the sale comission and take the £700 deferred price from the sale. He was quite pushy in saying that he needed to know there and then whether we were using him or another company. We decided to refer, nothing to lose? Well, 6 months on market, NO viewings and possible £700 bill that we can't afford as we want to take house off the market. I feel conned. Has anything wrong been done here? (apart from our naiveness and stupidity?) It does seem a bit of a con to us. Thanks in advance
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Comments
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pauloharpo wrote: »Hi all. We have never sold a house before, and on a visit by the estate agent we decided to use we were asked about the Homebuyers pack. He said if we pay now it is £300 through them or defer he would reduce the sale comission and take the £700 deferred price from the sale. He was quite pushy in saying that he needed to know there and then whether we were using him or another company. We decided to refer, nothing to lose? Well, 6 months on market, NO viewings and possible £700 bill that we can't afford as we want to take house off the market. I feel conned. Has anything wrong been done here? (apart from our naiveness and stupidity?) It does seem a bit of a con to us. Thanks in advance
and, he said the price the EA charges is 1%. on looking at paperwork now the price is 0.9%commision - that was never going to cover the £700?!?0 -
You where slightly naive yes.`You dont get something for nothing. Read to the letter what you signed but it sounds like your stuck with the HIP bill at least.0
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david29dpo wrote: »You where slightly naive yes.`You dont get something for nothing. Read to the letter what you signed but it sounds like your stuck with the HIP bill at least.
Thought that might be the case but EA man knew what he was doing!!0 -
Dont they all! Ask the agent to go though the contract with you, word for word.
Anything you dont understand, ask again until you are satisfied.0
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