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Outrageous update! Stressed FTB!

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Comments

  • "The house has been on the market for 3 and half months, there's been no other interest, and is up with 2 EA's."

    Couldn't you put an offer in with the other EA? ....say £135,000 ;)
    No longer trainee :o
    Retired in 2012 (54) :)
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  • _s79
    _s79 Posts: 134 Forumite
    "The house has been on the market for 3 and half months, there's been no other interest, and is up with 2 EA's."

    Couldn't you put an offer in with the other EA? ....say £135,000 ;)


    No because the 2nd EA won't be interest since the original EA will get the commission. You could have got a friend to put a low offer in.
  • san09
    san09 Posts: 74 Forumite
    Do you think we could make a £135k offer to the other EA, and would they be aware of our other offers?

    Why would the 1st EA get the comission if they're not completing the deal?
  • JanCee
    JanCee Posts: 1,241 Forumite
    san09 wrote: »
    Do you think we could make a £135k offer to the other EA, and would they be aware of our other offers?

    Why would the 1st EA get the comission if they're not completing the deal?

    If they have turned down £140k, what makes you think they would then accept £135k?
  • _s79
    _s79 Posts: 134 Forumite
    san09 wrote: »
    Do you think we could make a £135k offer to the other EA, and would they be aware of our other offers?

    Why would the 1st EA get the comission if they're not completing the deal?

    I can't remember the exact term; possibly "introduction", but any professional EA will tell you that unfortunately, as you have viewed the property with the other EA then they will get the commission.
  • Emmzi
    Emmzi Posts: 8,658 Forumite
    1,000 Posts Combo Breaker
    don't do it! They'll say ok, £135, you'll spend best part of a grand on survey and fees, the day before exhange they'll say "ooh no, we meant £140.."

    run away! they are not honourable vendors.
    Debt free 4th April 2007.
    New house. Bigger mortgage. MFWB after I have my buffer cash in place.
  • san09
    san09 Posts: 74 Forumite
    edited 20 August 2011 at 9:15PM
    Well I thought the £135k offer would make the £140k offer look good!! (Does this sound stupid?)

    Hubby just rang EA no.2 and asked if there had been any other interest in the property and they said none at all, but they did know that the vendor was looking for a £144k offer for it. So our detective work has established that this one is def out of our price league.
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