RE:Am I doing something wrong

icklejulez

Actually this was advice I heard on Location Location by Kirtie Allsop, obviously it may mean people talk behind your back but its a business deal not a school playground. It certainly worked when I placed an offer on a property previous to the one Im buying (of course at that point we didnt know there was 20k worth of structural damage and neither did they).

MJMum

It certainly worked when I placed an offer on a property previous to the one Im buying

Unless you have paid for exclusivity, it's meaningless. That's what I meant by laughing behind your back - they'll be telling you oh no, we won't still market the property on one line, while booking in another viewing on the other line, that's all.

Oh, BTW do let me know when you actually manage to buy a property ;-)

david29dpo

these pushy sales people hit a nerve with me. politely tell them no thank-you.if that does not work, remind them what there are doing is illegal. tell the vendor as well. together the agent will get the hint!

Naetha

My husband has an awful credit history (CCJ, Default, arrears on his mortgage payments) and we got a good mortgage (5.49% fixed for 3 years) through a whole-of-market broker called MoneyQuest.

They were also super fast with everything, and very very helpful all along the process - I would recommend them to anyone. Money Quest

icklejulez

MJMum wrote:

Unless you have paid for exclusivity, it's meaningless. That's what I meant by laughing behind your back - they'll be telling you oh no, we won't still market the property on one line, while booking in another viewing on the other line, that's all.

Oh, BTW do let me know when you actually manage to buy a property ;-)

Ive have the survey being done etc on a nice house and ye the estate agents even took the details of the house off rightmove and there website the day after the vendor accepted the offer.

MJMum

...on the VENDORS' instruction to their agent. Still, no harm in asking.


Although, I stress again, if you want it to be binding, you must pay for this exclusivity ie a consideration for this right must actually change hands. Sorry to bang on about this, but I just want any newbies to the process to be clear about it.

MJMum

PS We exchanged yesterday :j :beer:

icklejulez

I didnt pay for anything I just mentioned it when making my offerm there were two of us making final offers on a property and it was a condition of my offer alongwith several items of furniture and fittings I wanted leaving. I dont feel as if I paid for the items as it was still what I would of paid but as it was my only chance to mention it I placed it in my offer. It does no harm to ask and as a seller myself would have no problems with this as long as the surveyor is round withi a reasonable amount of time.

MJMum

I didnt pay for anything

Then it wasn't legally binding. If you want, legally, a period of exclusivity in which to exchange contracts, you need to pay something for it, otherwise there is, in law, no agreement, and your vendor can still sell to whomever they please (while still smiling and nodding at you).

Perhaps people are just "nicer" where you live, and gazumping rare, but I used to work in an EA in sell-your-granny-for-a-fiver territory

Rick62

Sorry MJMum, your talking nonsense. You make your offer conditional on the property coming off the market, full stop. No signs in EA window, no press adverts, off websites, rightmove etc, no board outsite (preferably not even a sold sign). So if the vendor accepts your offer it is on this basis. Why would you want to spend money on lawyers, surveyor etc on a property still for sale?

If the buyer wants to accept your offer they accept your terms, you don't ask, you state your terms. If they say 'no were going to keep marketing' you say fine, I'm not buying.