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APT Fee of £250 to stop showing a bought house?
Comments
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Years ago it was not that unusual for estate agents to ask for a small 'deposit' when first accepting an offer.
It was not legally binding and was fully refundable. It was only a nominal (small) amount and was seen as a good will gesture and indication of serious intent. - Perhaps it should be re-introduced to weed out time-wasters!0 -
Just get the survey booked in asap and they'll probably leave you alone. Maybe you can come to some agreement with them in that regard.
Once they see you're starting to spend money, they should back off. Clarify with the vendors they won't accept other viewings.
Jx2024 wins: *must start comping again!*0 -
Years ago it was not that unusual for estate agents to ask for a small 'deposit' when first accepting an offer.
It was not legally binding and was fully refundable. It was only a nominal (small) amount and was seen as a good will gesture and indication of serious intent. - Perhaps it should be re-introduced to weed out time-wasters!
I remember those days very well , and I can tell you the deposits were not fully refundable and in some cases took months to get back, even when the seller "changed their minds"
and in some cases never got the "deposit" back
giving a deposit to the EA ties you in with them, if you lose this house because of no fault of your own they will continue to hold your deposit until they find you another house
never ever would I hand over any money to an EA ,
its not only buyers who are time wasters0 -
Indeed, some years back I sold a house in Norfolk through Abbotts, and I was quite pleased that both purchaser and I were asked for a deposit of £300 to keep things on track. ... ..............
Pleased until I noticed in the small print that this deposit was payable to the estate agent should the deal not go through, and not to either purchaser or me should the other pull out. Luckily, I got on quite well with the buyer and, between the two of us, we just ignored the whining of said agent. When the deal looked like it was heading for the rocks, their "negotiator" just folded at the first and it was left for me to sort out the problems. I did get £500 off the fees for their indolence and idiocy,0
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