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SALE - Advertising
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PompeyPete
Posts: 7,126 Forumite
At what stage should an Estate Agent stop advertising your property?
Should he have your permission, or at least inform you?
Should he have your permission, or at least inform you?
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Insufficient Data. Cannot compute.
What type of advertising has stopped? Have you told the EA to take it off the market? Have you accepted an offer?
More detail needed.0 -
Sorry.
Yep, we'd accepted an offer for the sale of our property.
5 weeks later it has unceremoniously crashed, as our buyer was refused a mortgage offer, despite the fact they were only transporting a mortgage from the sale of their current house onto ours.
Our solicitor told us that exchange was likely to be last Tuesday afternoon, or Wednesday morning.
But no-one had confirmed whether or not they had got a mortgage offer secured!!
The have exchanged on their sale btw.0 -
My goodness!
You really are determined to find someone to blame, and to compensate you, for this sale collapse. Just how many threads have you started blaming..... your agent? your solicitor? your letting agent?.....
Life's sometimes a !!!!!. Get on with it!0 -
I assume the agent put the property 'Under offer or sale agreed' when the survey was booked, which is pretty normal.
The agent should advise you of this, although its not a legal requirement to do so.
IF you had wanted it kept on until exchange of contracts you would need to let the agent know that.
But normally property is taken off market, at point of survey being booked, or if a potential buyer wants it taken off as part of their offer.
If i have assumed wrong then please correct me.0 -
I don't think advertising a house for 5 weeks after an offer has been accepted on it is cost effective for an estate agent - or for you if you're paying for it which some vendors do. They usually have plenty of other properties to worry about (limited space in local papers to get them all in on a rotation basis) rather than advertising yours indefinately 'just in case'!!! A lot of offers are with the condition that it's taken off the market so reducing the risk of gazumping for the buyer.
If you'd wanted it continually marketed until exchange or completion then you should have told the agent & they could have charged you to continue.0
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