house i am buying is sale agreed got call from EA saying cash offer been put to owner

jamminjamaica

silvercar wrote:

Of course EAs have to pass on all offers BUT any vendor who is acting honourably will not be showing the house and not be listening to offers. We lost one buyer as they moved to rented due to problems further up the chain. Under offer to a second buyer and the EA phones me to say the first buyers phoned to find out our position. Now I knew they had offered more for another house, so could well be willing to spend more on mine and beat the second set of buyers, they had also exchanged on their own sale and had done a survey and legals on mine so they were at the same stage as my second set of buyers. I could easily have started a bidding war or at least listened to what they had to say. I didn't I just told the EA to tell them we were under offer and not interested. What goes around comes around.

see now that is what i hope my seller does.

Debt_Free_Chick

Just shrug and tell the EA that you are ready to sign and then exchange contracts. The cash buyer will take weeks to get to the same stage and why would the seller want to go back to square one this late?

As others have said though, anything can happen before you actually exchange so push for the seller to this.

CB1979_2

blatantly EA trying to get their commission.

tell them you're all ready to go but waiting on your buyer.

i don't know what it is, but i have a very bad attitude towards EAs! lol

jamminjamaica

thanks everyone.

just rang my solicitor and discovered she has taken 2 weeks leave. it just gets better and better. luckily there is someone else looking into things for me.