Written confirmation of offers...

maybe_tomorrow_2

Can a buy request written confirmation that an estate agent has passed on an offer to their client. I appreciate they are legally obliged to pass on all offers regardless of the stage of selling but if another offer comes in can you request proof of notification?

Thanks

hazyjo

Confused.

Are you selling and want to make sure you're not missing out on other offers (as you already have accepted an offer), or are you buying and want to make sure your offer has been passed on?

(Not sure what the 'buy' word is doing in the first line - would not cost you.)

If you were selling and an offer came in by someone who had viewed, the EA should pass this on.

Jx

DPJames

Doubleconfused.com

Are you the buyer or seller?

betmunch

I think the OP is a potential buyer that wants to be notified of any other offers that are made on property they like

londonlydia

Sorry, but just to say that even if an EA is obliged to, doesnt mean they will!

After moaning about a certain EA near me on previous posts, I had a nightmare this week. Basically, we went to submit an offer on a property we liked (only a small fraction below the asking price). On calling, she said there were already 2 offers on the house, which hadnt been accepted. Having asked the owner, we already knew a about about them that she thought them too low. Anyway, the EA was like 'well they're going to resubmit much more sensible higher bids' which way well be true, but we still wanted to submit ours. She was like, well the house will PROBABLY go for £10k over the asking price. That may be the case, but she wouldnt even take our offer to submit to the owner unless it was up at this 10k+ over the asking price. I was so annoyed, because I feel it should be the buyer deciding who is bidding on the house, especially as we have the advantage over the other 2 bidders in being FTBs with no chain. Anyway, we're deciding if it's worth dropping an offer in ourselves with the owner, just so she can decide.

DPJames

Well then no, you're not privvy to that information.


Hold on. Have you put a bid in, and the estate agent has said there's a slightly higher bid already been made?

Really need more clarification before giving a definitive answer.

DRP

i think the OP ('buyer') wants written confirmation that the EA has passed on his offer to the vendor.

maninthestreet

The EA is obliged to put forward the offer to the vendor.

phoebe1989seb

DRP wrote: »

i think the OP ('buyer') wants written confirmation that the EA has passed on his offer to the vendor.

That's how I interpreted it.......;)

maybe_tomorrow_2

Apologies, was half asleep when I posted this originally.

Just to clarify, I am a buyer and I would like confirmation that the estate agent has notified the seller of my offer,. E.g. I am paranoid the EA wants to complete the sale asap under a current offer and will therefore not forward my offer to the seller as this could delay the sale and affect their targets/commission. Therefore can the buyer legally request confirmation that the seller is notified of all offers, up until contracts are signed.

Thanks

hazyjo

So you're offering on a property which you viewed before it went under offer to someone else?

How long has it been under offer?

tbh, if I was the vendor and someone came along with another offer, I would not gazump my buyers. I don't think it's nice or ethical. Also believe that karma has a funny way of turning round and biting you on the bum.

Also, I think a lot of trust goes out the window then. If someone gazumped someone in order to take my offer, what's to say they won't do it again. And if the buyer has gone in with a significantly higher offer than the others,who's to say they're not pretty ruthless and would drop that offer before exchange... Just not worth it in my opinion and I would not accept your offer.

If you put your offer in writing, the EAs are legally obliged to pass it on - unless the vendor has told them otherwise. The buyer does not therefore need any confirmation that the seller is notified of all offers as that is the EA's legal obligation. You could always double check with the EA if they've passed your offer on and what the result was. Don't get your hopes up though!

Was it showing as 'under offer'/'sold subject to contract' when you put your offer in, or are the vendors marketing it until exchange?

Do you know if your offer is significantly higher than the current offer?

Jx