Gazumped in 30 minutes!

Ivana_B_Rich

vickyb242 wrote: »

I got gazumped on my house last year, first time i paniced and upped my offer by 3k, the second time i told them where to go. After 1 month they call me to ask if i was still interested, of course i was but at 10k less then the original offer. Got the keys 5 weeks later!

Nice work :T

hethmar

Son did something similar - there were 3 offers in for a repo, agent contacted him as he was driving down a motorway asking him to up his offer - on speaker phone he told them take it or leave it. Next day they rang to say it was his.

High_Roller_2

VickyB, Hethmar,
Thanks, stories like this bring a smile to my face. I'll let you know if I hear anything more on this property... if I do I certainly won't be matching my last offer

t0m_2

This kind of behaviour doesn't at all surprise me about House Network.

Thus far they seem extremely unprofessional!

slopemaster

Yes, they tried to tell me there was someone else interested in the house I'm buying - I didnt believe it for a moment and my offer was accepted

confused31_2

The thing that shocks me about all your responses are that some of you are saying the housenetwork are trying to get a better price, if they are they are trying to get a higher price the only one who will benefit is the vendor.

Just look at the housentwork website, sellers pay a up front fee, they have a choice of three options, and whatever the seller chooses, they pay a set amount.


Simply pay the £345+vat and we will not charge you a completion fee. - Download contract example



Pay £249+vat upfront and we will only charge a £299+vat completion fee - Download contract example



Pay a reduced upfront fee of £199+vat and pay £499+ vat on completion - Download contract example



So i ask why would the housentwork lie and say someone as put a bigger offer in??

When it would not make any difference to what they get as they dont work on a percentage?????

t0m_2

And why would they bother to offer a reasonable service then they aren't commission based?

Answer: they don't!

confused31_2

t0m wrote: »

And why would they bother to offer a reasonable service then they aren't commission based?

Answer: they don't!

Why ask a question and then answer it yourself??

Look at 2 of the options they dont get the remainder of the fee until completion, so yes they do need to sell to make a profit, plus they still have to pay for advertising whilst the house is still for sale.

You sound really bitter, what have they done to you?

RabbitMad

pizzagirl wrote: »

Wait until interest rates shoot up and there'll be carnage, you shouldn't have to wait too much longer.

A year and a half before interest rates start increasing I reckon. I think that BTLers on tracker mortgages have been saved by low interest rates.

dfh

I would say it is a blessing in disguise.Stick to your guns and if they don't come back start looking for another place.It is still a buyer's market out there.By next year,house prices will be even lower when all the green shoots have withered away.