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Is this a porky?

2

Comments

  • moneyistooshorttomention
    moneyistooshorttomention Posts: 17,940 Forumite
    edited 23 June 2014 at 6:41PM
    agrinnall wrote: »
    Can't argue with what thesaint has said, once you exchange and have a commitment to buy you might have cause to request removal of online listings, but until then the vendor is perfectly at liberty to entertain other offers should another potential buyer insist on their offer being put forward.

    Once the house I have now was "sold STC" I couldn't manage to remove it from the website etc. I had to be very "firm" when I spotted estate agent and vendor were colluding to try and gazump me, by still marketing the house and ensure that there were no further viewings (ie because I had put in my firm offer, with proceedable buyer, and had that offer accepted. Mind...they weren't just keeping my house on the websites, they had changed the photos to better ones and were still "open to viewings"!!!!! Just as well I had summed up the vendor when I met them, as "likely to try it on if they think they will get away with it".

    I found out, subsequently, a bit of the "history" to that, ie a next door neighbour who was stirring it because people they knew had been gambling on my house remaining without offers for long enough that the vendor thought there was no real interest and would accept a low offer from "people neighbour knows". Well, they gambled and lost on that one then....

    I recognised the tactic, because the buyer of my last house did the same, ie spotted my last house as soon as it came on the market and waited and waited and gambled I would reduce the price if they "sat it out". They were wrong.
  • BitterAndTwisted
    BitterAndTwisted Posts: 22,492 Forumite
    10,000 Posts Combo Breaker
    There's no dodgy psychology at work here. There isn't a firm sale until contracts have been exchanged. Until then, the prospective buyer could decide not to go ahead once they've seen the survey, find another, better property they'd rather buy or the vendor could receive a higher offer. Anything.
  • True...I could have found out what the immediate neighbour was like and decided "Blow it":rotfl:, but that's the sort of thing that comes down to local knowledge and not something that shows up on the surveyor report:cool:.

    Cynics take on reasons to sell to incomers = "They wont know about the next door neighbour"...though, in fairness, if we did, our next question would probably be "How old are they?" and decide to go ahead anyway if they weren't in the first flush of youth:rotfl:
  • G_M
    G_M Posts: 51,977 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    True...I could have found out what the immediate neighbour was like and decided "Blow it":rotfl:, but that's the sort of thing that comes down to local knowledge and not something that shows up on the surveyor report:cool:.

    Cynics take on reasons to sell to incomers = "They wont know about the next door neighbour"...though, in fairness, if we did, our next question would probably be "How old are they?" and decide to go ahead anyway if they weren't in the first flush of youth:rotfl:
    What on earth are you on about?

    You are buying a property, in a new area, or at least a new street, so naturally you will not just check out the house you are biuing, but also the area you will be living in.

    So, amongst many other things (eg chatting to the postman, the cornershop owner, visiting the pub during day & evening etc) you will, of course, be knocking on the neighbors' doors.

    How else are you going to get a feel for whether it's the sort of place you want to live for the next year/5 years/25 years?
  • rachhh
    rachhh Posts: 345 Forumite
    Part of the Furniture Combo Breaker
    They can remove it, although it can take up to 24 hours for properties to be removed from Zoopla and RM. Own websites 99% of the time can have the advert removed straight away.
    At my EA's we've had a few cases in the past where good offers have come subject to the property being taken down from websites etc immediately and so that's been done.
    However, it's mostly because people can still come in and outbid you if it's a sought after property, even without a viewing, which the EA's can then use as a negotiating tool to get an even better final price for the vendor.
    Started 30/08/2011
    Biggest Wins: GHD's, 5* Trip to London, VIP Trip to Isle of MTV Festival in Malta.
    Thanks so much to all who post :)
  • tigsly
    tigsly Posts: 481 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    Ours was 'ssc' right up untnil I had moved in.. it infact took 5 phone calls and a message on Cubitt and West facebook page to take it down.. (it was there for 3 weeks post sale.. awful agents!)

    I can see why it would be left on the market till the sale had completed ..
  • 54druids
    54druids Posts: 516 Forumite
    Part of the Furniture Combo Breaker
    Thanks for all your replies. As I said , I just wanted to know if it is a bit of a porky pie about not been able to remove it. Estate agent has assured me the frown heavily on gazumping but then again they also assured me that they couldn't remove the listing from Zoopla!!!!!
    Smile though your bank is breaking:)
  • tigsly
    tigsly Posts: 481 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    by the way its a total lie .. I was with house network - and controlled my own property - I removed the listing when it was 'SSC' ...

    It is a straight forward click.. the like your property to be there for advertising.. If you think they might be getting viewings - get a friend to ring and try to arrange a viewing..

    I tried to do this with a number of agents - and none of them would let me see a 'ssc' house.. but they did keep my details incase 'similar properties' came up..
  • My own estate agents automatically stopped viewings the second I had accepted an offer on my last house and told me they would just be keeping contact details of anyone that expressed an interest after that (just in case the sale fell through).

    Most of the time it's probably safe enough to assume someone wouldn't buy a house without a viewing, so if viewings by other people are barred, then its almost certain the house is "safe" against anyone else trying to step in and snatch it (and I "safeguarded" my present house against other people who wanted it by stopping viewings when my offer had been accepted, and the people concerned weren't going to put in an offer without a viewing).

    Having said that, there are always exceptions to any rule. There is a poster on the board currently who seems pretty keen on buying a house/any house without viewing it. I spotted a house myself yesterday just come onto the market that I would have instantly rung up and made an offer on straight off without bothering to view it, because I know the street extremely well and its one I have wanted to live in for years, but cant because I cant afford to pay nearly £500,000 for a house:(
  • mgarl10024
    mgarl10024 Posts: 643 Forumite
    Tenth Anniversary Combo Breaker
    I was always worried about being gazumped, so any offers were on the condition that if accepted the property came off the market.

    From memory, usually took a day or so. If the property had still been on the market a few days later I would have withdrawn the offer and would have explained to the EA that I would be calling in to speak with the vendor personally to explain why.
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