Which prospective buyers get to cherry pick the EA's properties?

harrup

axomoxia wrote: »

To be quite honest, if my estate agent rang me up to say they had a "cash buyer" who refused to give any kind of evidence that they where a cash buyer then I'd tell the agent to tell them to go swivel. I paid my estate agent to filter out the Wilter Mitty types. They can either see the EA's IFA, provide an agreement in principle for a mortgage or provide the contact details of a qualified IFA / Mortgage Broker / solicitor. I'm not going to re-arrange my life to get my house ready for a viewing for the sake of some time-wasteing tyre kicker.

I hear you. I actually concur.

But not once has an EA ever asked us, or anyone I know who has bought a house for proof of solvency, etc.

You are right in what you are saying - but we have never refused to provide any corroboration. We were simply never asked for it.

harrup

axomoxia wrote: »

Alternitivly you could just show up at the EAs office with a suitcase full of cash....

If all else fails....desperate steps for desperate situations and all that...


:rotfl:

new_home_owner_3

At the end of the day if it was me has a seller i wouldnt entertain you has i would just think you was a rubber necker.

Anyone who viewed my house i asked the estate agent to make sure they had the funds or they had sold their property so they could proceed with a sale.

If you have got the cash to buy outright, why hide it? If the estate agent know you have got the money it doesnt mean you have to spend it, all you have to say is no, im sure they would be glad for the commision, you was only saying yourself yesterday that sellers can hang on to their overpriced property.

I personally think you may have some money but i think your looking to get a real bargain which you may do, if someones happy to accept a low offer you make then great, if they dont accept it and you think the property is not worth it dont raise you offer.

I personally think the estate agent is probably thinking you cant afford it, they are a waste of space, and to be honest coming out with we like to play are cards close to our chest just doesnt seem right.

I think reading from your other post's you have made real low offers, a lot of your post's are about sellers being unrealistic maybe its you that is been unrealistic?

I mean how much are your target houses? what deposit do you have?

good luck

VIGILANT22

harrup;31394385] We would sell it once we bought the other one but we don't need to release the equity of this one, go into rented and then hope & pray that a house we like comes on the market. .[/QUOTE]

Why are you not selling now and moving to rented ...you don't sound very flexible...:)

new_home_owner_3

VIGILANT22 wrote: »

harrup;31394385] We would sell it once we bought the other one but we don't need to release the equity of this one, go into rented and then hope & pray that a house we like comes on the market. .

Why are you not selling now and moving to rented ...you don't sound very flexible...:)[/QUOTE]

the other person was on about selling before christmas but didnt want to spend the money on the house they are currently living in has its a bit run down........

Bu they did say they didnt want to sell it at a low price, how ironic.......

harrup

new_home_owner wrote: »

I personally think you may have some money but i think your looking to get a real bargain which you may do, if someones happy to accept a low offer you make then great, if they dont accept it and you think the property is not worth it dont raise you offer.

I think reading from your other post's you have made real low offers, a lot of your post's are about sellers being unrealistic maybe its you that is been unrealistic?

I mean how much are your target houses? what deposit do you have?

good luck

No we are not looking for a bargain and we haven't made low offers either.

We don't make an offer on a house unless we are
a) certain that we would like to buy it.
b) we actually have the funds to buy it. As in " we actually HAVE" the money. Not hoping to obtain the money, nor hoping that we'd sell our house and achieve XXX in sales price to get the money.

We are cash buyers in the sense that we have the cash!

our target houses are between 500 & 600K ( depending on how much they need doing to it). We could stretch further but we neither want a mortgage nor sink everything we have into a house.

I don't know what you'd consider a low offer. 5 % less than asking price doesn't seem to insulting to me.

harrup

new_home_owner wrote: »

Why are you not selling now and moving to rented ...you don't sound very flexible...:)

the other person was on about selling before christmas but didnt want to spend the money on the house they are currently living in has its a bit run down........

Bu they did say they didnt want to sell it at a low price, how ironic.......[/QUOTE]

?????

harrup

VIGILANT22 wrote: »

harrup;31394385] We would sell it once we bought the other one but we don't need to release the equity of this one, go into rented and then hope & pray that a house we like comes on the market. .

Why are you not selling now and moving to rented ...you don't sound very flexible...:)[/QUOTE]

Why would we sell the house and move into rented if we plan to move within our immediate area and don't need the money?

What would the benefit of doing so be?

surreybased

Hi,

we were in a similar situation - in our area some properties go to developers first, not sure what the arrangement is but it definitely happens. A few EAs in our area are tarnished with the image of being in developers pockets that a new EA has started up and is branding itself has having ethics. Interestingly they have been given the first probate instruction - a while ago it would have gone to one of the other EAs.

I have found that you need to be involved with EA's - have you actually bid on any properties? Once the EAs see that you're serious about buying, actively viewing and making offers then they take you more seriously.

If you don't check RM etc then why not set-up alerts so that you're emailed when something new appears.

House prices are at another mini peak at the moment - if you don't need to buy now why not wait til the market is cooler and then see if the prices look more realistic to you.

sunshinetours

Ignore the ones who clearly haven't understood your position on here..... no reason why you would sell yours and rent if you don't need to obviously. Whether you miss the boat on getting a decent price on your current house is another matter of course

Keep in regular contact with the agents and go in an meet them

I always find in business that people I may refer others to are the people I have either met recently or bought me a drink etc - its just how the human brain works I think