EA wants to 'qualify' offer

Landofwood

Just go speak to their adviser. Be nice and cooperative. Ask them if they can recommend any other services to you.

Then don't use any of them.

If you start quoting laws and acting like a hardnose, they'll make your offer sound less attractive.

It sucks. I hate it too. But if you want the house play the game.

dirty_magic

Connells were the only agent that we found to be really pushy. They're really annoying! We viewed one house with them, told them what we were looking for and then got constant calls trying to sell us houses that were over our budget and nothing like we'd asked for just because they'd been on the market forever.

Like the above poster suggested, I'd play the game if you really want the house and then report them when it's all over.

Azza_1

Had a call from the EA, thanked us for going yesterday said theres the 2 offers (okay Jeff ) and the vendor wanted best offers over the next couple of days.

Landofwood

Azza_1 wrote: »

Had a call from the EA, thanked us for going yesterday said theres the 2 offers (okay Jeff ) and the vendor wanted best offers over the next couple of days.

Welcome to the ruthless dysfunctional house buying system in England.

dgtazzman

Dumdumduuuuuummmm, the plot thickens.

Let me guess, they are now asking you to use their mortgage adviser and solicitor to 'make you more attractive' to the vendor.

Are these other offers from Mork and Mindi? I'd just stick to your offer, or if you really want the house, offer what you are comfortable with, but don't let them pressure you into paying over the odds and using their in-house services.

Guess not everybody is like me, first viewers of my house came with an offer I was ok with, 5k under asking, but still a realistic offer. Told the EA I considered the house off the market and wouldn't take anymore viewings. If a higher offer had been made, I'd just ignore it anyway out of principle, I have already agreed to sell to somebody else and I'll stick to that verbal agreement, even if I'm not legally required to.

The system is just backwards. As soon as a sale is agreed, it should be binding, pending satisfactory survey and mortgage offer.

rosie383

Thinking of the experience of one of the contributors on the JVS show, I'd also put the offer directly to the vendor, as a 'copy' for their information through their door. The guy in the show had done that after having problems, stating his offer of £224k. Within an hour the vendor called him to say that Connells had told her that the offer was £220k and that due to their wonderful skills, he had upped it to £223k!

csgohan4

Landofwood wrote: »

Just go speak to their adviser. Be nice and cooperative. Ask them if they can recommend any other services to you.

Then don't use any of them.

If you start quoting laws and acting like a hardnose, they'll make your offer sound less attractive.

It sucks. I hate it too. But if you want the house play the game.

Have a see through folder with your copy of TPO guidance for estate agents along with you.

pbouk

In my experience there is always another "buyer" who has just put in a higher offer. When this happened to me on my first property, I said 'Ok no problem.I will look for another house'....the estate agent called me the very next day to say the other "buyer" had backed out. Funny that.

Hoof_Hearted

When we sold, there was quite a bit of interest. I said I wouldn't accept an offer until everybody had viewed, which took a couple of weeks. At the end of that time we accepted the best proceedable offer and wouldn't take any more viewings or offers. We used an online agent and circumvented the perverted world of the high street agent.

Azza_1

Soooo this is a lot of fun!

Had a phone call yesterday from the lender who advised that their basic valuation had come back and valued the house at £172000. A full £13k lower than what we offered. To be honest we're not that surprised as our original offer of £176000 we felt was quite right, so we did expect there to maybe be a bit of a gap but not this much!

I've just spoke mortgage advisor at the lender who advised that they can't provide a copy of the valuation, then spoke to the estate agent who said he would pass on the info but then go back a few minutes later saying that they would need some proof of the valuation. So now I'm sending off emails and making calls as fast as I can.

I rang the solicitor first thing this morning who said they'd actually just recieved a letter through their internal post today with a letter from the lender about the valuation, but all it said was that they had downvalued the house compared to the acceptance price. Or words to that effect, I'm not sure how they can come up with a specific price but still. They said could well have reiceved a similar letter or maybe one with a figure in but I won't be home until half 5 so can't check the post.


Uchhhhh