Sale Agreed STC

G_M

roobyroo07 wrote: »

Unless the EA has recieved a written instruction from the vendor to say they want no more offers, all offers have to be put forward in writing within 24 hours

is not the same as

Well, they are breaking the law - all formal offers have to be put forward to the vendor in writing within 24 hours.

KateLiana27

devotee wrote: »

Well I suppose if someone viewed that property before and was vetted by the EA. But if just anyone rang and put an offer they would hardly be taken seriously and would most certainly be denied viewing.
I didn't want my property shown again for sure, got a buyer and was happy with the offer, so when another agent suggested another party who was interested I simply wasn't interested.
So if OP viewed a house and put an offer that was low and someone else out a full asking price offer and vendor accepted, of course EA would discourage more offers.

Our vendor was the same - happy with our offer (and us) and cancelled all further booked viewings, though they could probably have squeezed out more money. They honoured our agreement of sale. It's nice to know there are people like that in the world.

Same with another property we called up to view - were told sale has been agreed, they'd call us if anything fell through.

I assume that this approach is either agreed between vendor and EA on an individual basis, or that it is a standard practice of a particular estate agent that vendors would ask to deviate from if they wished.