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Is this true about Estate Agents?

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Comments

  • geoffky
    geoffky Posts: 6,835 Forumite
    Nara wrote: »
    Well there is no chain until i sell mine, since the one i am buying is the end of a potential chain, so its up to the vendor if he wants to wait for me to sell or not. I warned the EA that i haven't sold my house yet and she said it didn't matter and to put an offer in anyway, so i did :P So if you want to blame a collapse of the chain on someone it should be the EA's allowing people to make offers before selling!

    The guys house has been on the market since last year, with so far i presume no offers and i have given him a very resonable offer as i know what the original price was since the EA let slip that fact, so its up to him really!

    EA,s just do not let slip...All is calculated...you seem a bit not very clued up..learn fast or the sharks will get you.;)
    It is nice to see the value of your house going up'' Why ?
    Unless you are planning to sell up and not live anywhere, I can;t see the advantage.
    If you are planning to upsize the new house will cost more.
    If you are planning to downsize your new house will cost more than it should
    If you are trying to buy your first house its almost impossible.
  • G_M
    G_M Posts: 51,977 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Estate agents make money selling houses. Another house on their books = another commission.
    They alo make money via their finacial advisors 'helping' clients with mortgages.
    And by referring clients to their' recommended' or in-house conveyancers/solicitors.

    Ignore ALL this. Do not be persuaded by "It's quicker/easier if its all in-house/ in one place".

    Choose you own agent. Your own surveyor. Your own solicitor/financial advisor etc.

    Stay in control.
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