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Sold before we got a chance to view
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Anything that looks remotely like a bargain will go fast in my experience.
During the last snowy spell a few years ago we even got the train down to East Grinstead from London in a blizzard, with our baby, to see some houses that had come on because it seemed like the best chance we had to put an offer in before they went STC the following week.
We did put an offer in one of them too.0 -
I like Rightmove but you do need to treck around local EA's as well.
The EA will know a property is coming up weeks before an ad appears on Rightmove. Your budget will also be in their mind when they set the marketing prices for new listings.0 -
DannyboyMidlands wrote: »I like Rightmove but you do need to treck around local EA's as well.
The EA will know a property is coming up weeks before an ad appears on Rightmove. Your budget will also be in their mind when they set the marketing prices for new listings.
With our current house we walked into the EAs office and he said 'I've just been out this morning to value a property I think you'll like'. He was right. It was on th esame street we were renting on. We'd viewed, offered and been accepted before they'd done any marketing.0 -
Lot of it around my way. The market really is firing on all cylinders in London - you need to be fast, and dont play games with "cheeky" offers. The EA will rumble you pretty quickly.0
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With our current house we walked into the EAs office and he said 'I've just been out this morning to value a property I think you'll like'. He was right. It was on the same street we were renting on. We'd viewed, offered and been accepted before they'd done any marketing.
... And there's folk who say on these forums that all that matters is to be on Rightmove... funny, that.0 -
imaginary_binary wrote: »... to be honest it amazes me that EA's don't allow others to view properties even in the slim chance that it'll push selling price further up.
... because that would be gazumping the first offer, and in many quarters it's seen as ethically wrong.0 -
... because that would be gazumping the first offer, and in many quarters it's seen as ethically wrong.
Not wrong at all - more like a lazy agent. They are not doing thier job.
Nothing wrong with pushing for the best possible price for the vendor, certainly until the buyer has started to incur costs.0 -
... And there's folk who say on these forums that all that matters is to be on Rightmove... funny, that.
But the property would have ended up on RM. Might have taken them a day or two to type up details and get it on - and would have given others who were looking just as seriously but unable to get to the EA's office as fair a chance.
Jx2024 wins: *must start comping again!*0 -
nollag2006 wrote: »Not wrong at all - more like a lazy agent. They are not doing thier job.
Nothing wrong with pushing for the best possible price for the vendor, certainly until the buyer has started to incur costs.
Could also be seen as a greedy/unethical vendor. If they weren't happy with the price they agreed to sell at, why agree? If they thought they could get more, why accept an offer?
If I put a property on the market which, for example, had an offer the same day, I would either expect an asking price offer, or would wait a few days for the opinions of other viewers.
I would not accept an offer then dump them in favour of another offer - even if the first person had only offered a day or so ago and not spent anything.
Have you ever had an offer accepted (after looking for ages), been over the moon, opened the Champers, told all your friends and family - only to be told they've taken a higher offer? It's not nice.
Jx2024 wins: *must start comping again!*0 -
nollag2006 wrote: »Lot of it around my way. The market really is firing on all cylinders in London - you need to be fast, and dont play games with "cheeky" offers. The EA will rumble you pretty quickly.
Yes, its best to offer 10% over asking price as a first offer just be on the safe side. And even then one's voice should be tremulous with shame and insecurity.0
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