Estate Agent demanding copy of the survey

em_9187

is this normal?

Conrad

Under certain circumstances such as where the buyer claims to be relying upon it in order to get a price reduction or other action.

princeofpounds

it's called 'chancing it'.

no it's not normal. and it may not even be yours to give away (check the T&Cs with your surveyor).

What is normal is to give them sight of the relevant extracts if you are using it to negotiate on price (possible under fair use rules even if you don't own the copyright).

of course if you do own the intellectual property, and you want to give it away without anything in return, fine, it won't harm you.

PasturesNew

You paid for it .... if he wants to see it, then he can pay you for it.

Keep your hands on it .... if there's one tiny bit you're using/referring to in any question/re-negotiation, then just scan/cut out that tiny piece.

em_9187

what do you mean by chancing it?
we have said there are a few issues highlighted, ive copied and pasted details, but she wants the whole thing.

Mercurial

On my last survey it was specified I could not pass the contents on to anyone though I did copy and paste the areas of concern that were brought up. The EA wasn't happy with this and then she proceeded to call the surveyor. He estimated 11K of work needed doing to the property and the EA said after talking to the surveyor the work would come in around 1.5K!

Conrad

em_9187 wrote: »

what do you mean by chancing it?
we have said there are a few issues highlighted, ive copied and pasted details, but she wants the whole thing.

Ok the reason for this is they need to be CERTAIN those extracts are not some fake concoction, so they need to see the whole thing, perfectly normal in these circumstances and there is no reason any serious buyer would have any issue whatsoever proving their side of things.


As to comments above 'let em pay for it' well that's going to be counter productive as the agent can probably easily re-sell the property if the buyer is awkward. No sane and reasonable person would refuse to let the agent have a copy.


Always put yourself in the other party's position. If you want to sell one day and your buyer claims grounds for you to make repairs, you would want chapter and verse before agreeing to such.


The same posters who say you should tell the agents to go whistle would be the first to demand sight of the survey if it was them selling. Failing to empathise with another party's point of view is pretty infantile.

StuC75

As much as you are wanting to show them parts of the survey to 'rely upon' for a reduction are there any aspects that you do not wish them to see?. what does the overall valuation come in at?

roles reversed would you be happy to just see the quotes they want to use, or to see the full report to for further context?

i.e. there may be sections where the surveyor comments that something could be in line with wear and tear?,, or that the valuation comes in line with reflecting the work to be done??

em_9187

it is valued at what we have offered BUT we haven't even discussed negotiating prices yet.

the estate agent is so aggressive, i don't want her quoting the survey to me saying this is what it is worth - i know that! But the surveyor ain't paying for it, i am and I'm not willing to pay for a big job as soon as i move in.

betmunch

The Agent wants it so they can highlight the big section that states something along the lines of:

The house is worth £xxx,xxx

This take into account the repairs that have been pointed out.

Personally I would allow them to see the valuation, and just stand firm on the discount you want and why. But I can be a stubborn chap!

Good Luck

LEJC

Welcome to the world of home ownership....your thread seems very similar to another one in recent days where some excellent advice was given


To put it into context...your report has come back stating that the property is worth what you are paying for it...it may require additional work to bring it up to spec but thats something for you to fund and consider over time its not for the vendor to drop their price in order for you to be able to get the work done.


home ownership is a complex entity sometimes and even the best surveyors reports dont highlight everything...sometimes you do have to pay for a big job when you move in...and further down the line no doubt too.....