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has anyone here reported an estate agent for misconduct?

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Comments

  • Grimbal
    Grimbal Posts: 2,334 Forumite
    Part of the Furniture Combo Breaker
    Dopestar might have the reason perhaps? If I can offer our experience: one road, two houses 5 doors apart. One had been fully modernised, gutted and refurbished & went for in excess of £510K(we suspect 525k). The other house that had been owned by a little old lady went for offers on £385k
    "Science is a wonderful thing if one does not have to earn one's living at it" Einstein 1951
  • Yes I agree that the condition of the property may well have a lot to do with the low asking price, but that doesn't really explain why the EA would be so reluctant to encourage more interest at such an early stage. EAs usually pull out all the stops to increase offers and in turn their commission so it does beg the question why are they not doing so for this particular property?
  • Orpheo
    Orpheo Posts: 1,058 Forumite
    theGrinch wrote: »
    Eldery man at the end of the road has been taken into care. His house was advertised for the first and only time yesterday at a price 30% below the average for the street - about £150k less than I would expect.

    I call this morning to make an enquiry (by the way, Im not buying - just curious) only to be told its under offer.

    So I play along a little saying I'm looking to move back to the area asap with my family. I'm chain and mortgage free and my budget is £50k more the property expecting the agent to say he needs to talk to vendor and come back, but at every turn they say no more viewings its gone.

    I strongly suspect an estate agent of dubious conduct here and not achieving the best price for the vendor. Of selling to a member of staff or connected party before mealy mouth advertising. However, the agent is not part of any professional body.

    If you are like me and hate to see a bond of trust broken and an estate agent proper wildly directly or indirectly at the expense of someone else then any suggestions of how this can be investigated would be welcomed.

    EA is selling it at mates' rates.
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
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