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In the current market

Would you let someone view your house who isn't in a position to proceed? My EA has just phoned me to arrange a viewing for a prospective purchasor whose own house is for sale.
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Comments

  • gemstars
    gemstars Posts: 515 Forumite
    Why not? Just because they have a house for sale doesn't necessarily mean they can't proceed.

    Also - with so many people buying I don't think you can afford to cut out a potential buyer at such an early stage.
  • carlsberggal
    carlsberggal Posts: 993 Forumite
    I would let them look, you never know they could, as the other post says not be dependant on the sale of theirs or if they were they could get an offer tomorrow on theirs, it's in the lap of the gods.
    To love and be loved is the greatest happiness of existance - Sydney Smith
  • plum86
    plum86 Posts: 13 Forumite
    My parents were considering selling their house and wanted to view another property, but the owner did not let them because their house is not on the market, however my parents did not want to put their property on the market until they had found a house they would want to move into. People can't really consider buying a house they haven't even seen!!We don't always know a viewers financial position and should view any viewer as a potential purchaser, they may not be in a position to buy for a few months, but in the current market, you could be waiting longer than a few months anyway to get any offer.

    Plum
  • chickmug
    chickmug Posts: 3,279 Forumite
    ­­Of course you SHOULD let those ‘still to sell’ view.

    Those who need to sell today may be sold tomorrow and then be able to proceed. Of course your EA still needs to ensure, once they have sold, they are in a position to proceed with regards their finances.
    A retired senior partner, in own agency, with 40 years experience in property sales & new build. In latter part of career specialising in commercial - mostly business sales.
  • ciano125
    ciano125 Posts: 492 Forumite
    Part of the Furniture Combo Breaker
    I would let them. My friend is trying to sell his house and has had two offers of the asking price from people who are not in a position to move. He's said them "fine, I'll accept your offer once you've sold yours". It puts a bit of pressure on them to get theirs sold then.
  • boots_babe
    boots_babe Posts: 3,272 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Absolutely. I know some people don't allow it, but I don't see why not. We allowed anyone to view ours, as who knows what will happen in the future; just because someone can't proceed right now, they might sell tomorrow, and have fallen in love with your house.

    If you really want to sell you need to do all you can, pull out all the stops, and I don't think refusing any viewings will serve any useful purpose tbh.
  • cogito
    cogito Posts: 4,898 Forumite
    I've nothing to lose, have I, so I'll let the viewing proceed. Thanks all.
  • Jue_xx
    Jue_xx Posts: 295 Forumite
    Part of the Furniture Photogenic Combo Breaker I've been Money Tipped!
    plum86 wrote: »
    My parents were considering selling their house and wanted to view another property, but the owner did not let them because their house is not on the market, however my parents did not want to put their property on the market until they had found a house they would want to move into. People can't really consider buying a house they haven't even seen!!We don't always know a viewers financial position and should view any viewer as a potential purchaser, they may not be in a position to buy for a few months, but in the current market, you could be waiting longer than a few months anyway to get any offer.

    Plum

    Absolutely - we're in the same situation. We are going to view a property tomorrow, and if we like it and want to put in an offer, and it's accepted, THEN we will put our house on the market. There are very few houses for sale in our area that tick all the boxes on our wish list (in fact the one we are viewing tomorrow appears to be the only one!) and we wouldn't want to put our house on the market first, in case by luck it sells quickly, and we find ourselves with no-where to move to!
    Extra Payment Every Week Challenge:
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  • pawpurrs
    pawpurrs Posts: 3,910 Forumite
    1,000 Posts Combo Breaker
    There is absolutely no point offering untill you have a completed chain, show a note of interest by alll means, but untill you know what you will achieve on yours or how long that will take there is just no point at all, what if you get a lot less for yours, than you expect, would that affect how much you can offer on the property? Even if you love the house, and its everything you want, you then have a race to sell yours before another buyer, buys the house, no one in their right mind would accept an offer from someone who is not even on the market, and take theirs off the market and wait for you to sell, which could be a day or it could be over a year? In which time who knows where prices will be?
    Pawpurrs x ;)
  • Nenen
    Nenen Posts: 2,379 Forumite
    Part of the Furniture Combo Breaker
    We are in the opposite position and it is sooooo frustrating! We sold our house 2 years ago and moved into rented so are ready to go. I've lost count of the number of properties I've seen where the vendors say, when asked where they are moving to, 'we haven't started looking yet'. Whilst I understand this on the one hand as, given the current climate people don't want to fall in love with a property before they sell their own, as a buyer I know that if everyone feels like this and there are several vendors above us in the chain, if each one takes several weeks to find somewhere they like then the whole process could take months (if not years) for the chain to complete! :eek:
    “A journey is best measured in friends, not in miles.”
    (Tim Cahill)
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