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Offer on house - do we have to accept?

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Comments

  • Running_Horse
    Running_Horse Posts: 11,809 Forumite
    Part of the Furniture Combo Breaker
    If I offered full asking price and the vendor wanted more I would tell him where to poke it.
    Been away for a while.
  • dwill1503
    dwill1503 Posts: 142 Forumite
    Thanks hoploz.

    Running horse that is what we said when the EA set the price!
  • anselld
    anselld Posts: 8,738 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    dwill1503 wrote: »
    Thanks hoploz.

    Running horse that is what we said when the EA set the price!

    The EA doesn't set the price, you do.

    Three EAs made recommendations on how best to market and you chose the one you wanted to go with.
  • goodwithsaving
    goodwithsaving Posts: 1,316 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 16 May 2015 at 5:57PM
    If I offered full asking price and the vendor wanted more I would tell him where to poke it.

    Completely agree. We offered asking on our house, vendor asked for more and I said 'we offered what was asked, take it or leave it.' We moved in a few weeks ago.

    Depends on how much you'd like potential buyers to stress about bidding against each other I guess......I personally would hate the thought and wouldn't buy off someone who pitched people against each other.

    Good luck, though. Sounds like it'll sell quite easily!
  • eddddy
    eddddy Posts: 18,553 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    dwill1503 wrote: »
    We were told it is a very relaxed contract...

    OK - but were you told that by the same EA that told you to price £20k lower and negotiate upwards (and who you now think gave you bad advice)?
    dwill1503 wrote: »
    We werebt even given a copy.

    That would worry me a lot - if I had signed a contract potentially agreeing to pay somebody thousands of pounds, and I didn't have a copy (and possibly hadn't read it very thoroughly before signing).

    Some EAs have very fair contracts, others will happily ask you to sign outrageous contracts without batting an eyelid.

    Personally, I don't think I have ever signed an EA's standard contract without insisting on some changes first. But perhaps I'm just over cautious.
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