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Seller wants NOT to go through the EA
kelvinwebb
Posts: 60 Forumite
HI.
I found a house through rightmove and went round to see the house without contacting the EA first.
The vendor has said that he will sell it without me going through the EA.
I told him that as he has a FOR SALE sign in his front garden he is going to have difficulty going around the EA.
I don't want anything to hassle my purchase if i decide to buy it and can only think that the EA should really be on my side as it is going to the EA who has to convince the vendor that he should accept my cr*ppy offer. It is after all the EA who will over value a property to get the vendor on side and then once this is done they just want to nail the sold board up asap.
Should I go through the estate agent? Any Pro's and Con's I need to be aware of?
Ta
I found a house through rightmove and went round to see the house without contacting the EA first.
The vendor has said that he will sell it without me going through the EA.
I told him that as he has a FOR SALE sign in his front garden he is going to have difficulty going around the EA.
I don't want anything to hassle my purchase if i decide to buy it and can only think that the EA should really be on my side as it is going to the EA who has to convince the vendor that he should accept my cr*ppy offer. It is after all the EA who will over value a property to get the vendor on side and then once this is done they just want to nail the sold board up asap.
Should I go through the estate agent? Any Pro's and Con's I need to be aware of?
Ta
0
Comments
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He will have great difficulty avoiding paying his agents. If you saw the property on rightmove, then this is their advertising. You also saw the board in the front garden. Most contracts state that just by introducing you to a buyer you have to pay the EA fees.
They will track him down for the comission, which it might be worth you reminding him of.
From your point of view, there's no probs either way really. If he wants to chance his arm not using the ea, then see if he'll knock the fees (or some of) he would have paid off the price. You may get a better deal.
Ultimately, he'll probably end up still having to pay them when the EA tracks him down after the sale!0 -
Surely it is the vendor's EA who has put the house on RightMove, therefore introducing you to the property. So there is no way around that.
The EA is not on your side. He is on the vendor's side. Its true that they can encourage vendors to go for lower offers to secure the sale as it can be only a few £100 in commission for them, but never think they are on your side as the buyer.Quit smoking 12th July 07 :j0 -
of course there is a way around it. Say that your a friend and he spoke to you about it and thats it. Tell the ea to naff of and if he wants to try and claim the money back to start civil proceedings if and when the sale goes through. I doubt theyd do it but its there word against yours and his. Tell the vendor you want some money off because your saving him money. The issue is between the vendor and ea and has nothing too do with you or the purchase whatsoever.
Why do people carry on giving into these disgusting people stand up for yourselves and avoid paying them wherever possible.0 -
Deal directly with the vendor. Use this to your advantage and get the vendor to accept less as he won't have to pay EA fees.
Is it your problem if the vendor is trying to defraud their EA? No.
The only thing you should do is be honest if asked how you found the property i.e. that you saw the property on rightmove.0 -
Deal directly with the vendor. Use this to your advantage and get the vendor to accept less as he won't have to pay EA fees.
Is it your problem if the vendor is trying to defraud their EA? No.
The only thing you should do is be honest if asked how you found the property i.e. that you saw the property on rightmove.
Do not do this. You are a friend and you were offered it over dinner!
Jesus guys this is money saving not money giving!0 -
OK here's my thoughts...
If the guy believes the EA that the place is worth £220k (the asking price) then I am hoping that when the same EA tells him that he should accept the offer of £200k because of xyz he might believe it.
If I offer him £200k direct to his face I think he might tell me to P*ss off!
If someone in the industry is telling you you should accept the offer then you would be more likely to accept it...0 -
of course there is a way around it. Say that your a friend and he spoke to you about it and thats it. Tell the ea to naff of and if he wants to try and claim the money back to start civil proceedings if and when the sale goes through. I doubt theyd do it but its there word against yours and his. Tell the vendor you want some money off because your saving him money. The issue is between the vendor and ea and has nothing too do with you or the purchase whatsoever.
Why do people carry on giving into these disgusting people stand up for yourselves and avoid paying them wherever possible.
Why should the agent not be paid? I think its a bit immoral to have let him invest his time and money, and then sell the house behind his back. He has a right to be paid as he has introduced the buyer to the vendor. I am sure if you went to work and did a job, then your boss said that they had decided not to pay you as they thought they could get away with it then you would not take this stance.
To the Op - its no reall concern of yours if the EA is cut out of the loop - its the vendor they will go after for the fees. Out of interest is it a big chain of agents? If so they tend to have departments dedicated to tracking sales of properties they have marketed through the land registry0 -
What the seller tell their agent is not the buyer's problem until the buyer agrees to conspire with the vendor to defraud the agent ...0
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Do not do this. You are a friend and you were offered it over dinner!
Jesus guys this is money saving not money giving!
I agree (but I also agree with plane boy), I just said if they (the OP) were ever asked they should tell the truth because its bad karma otherwise.
OP - Yes ofer 200K to his face because xy and z. The worst that can happen is he can accept you offer. The second worse that he tells you to * off. (tip - what are you happy to pay - offer lower, you can always increase your offer)0 -
We bought privately but it was genuinely private. No contact with the EA, his advertising or garden board- we were told about her house being for sale and that she was desparate to sell by her in a chance conversation at a party. The EA tried it on but our seller won the argument. It never went as far as court and with a local reputation to uphold perhaps he thought it better to not push his chances (he was also fully aware it was private). However, we were absolutely genuine - no issue with rightmove as EA advertising (it didn't exist in our day). Ours was also a very low offer - all done face to face (mind you we had mentioned our highest offer in our inital conversation so we knew she would be open to it).
If the rightmove advertising was an EA then it's not cricket to claim it wasn't. Also, are you sure you haven't been sent details at all - are you registered with agents as a local buyer?0
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