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Property taken off the market
mboo29
Posts: 21 Forumite
Hi everyone,
I viewed a property a few days after it went on the market and put in an offer a few days later, which was rejected.
I then increased my offer and told the estate agent that this was my final offer as this was my limit (which was true), but my offer did equal the home report value.
The estate agent said the vendor was looking to achieve higher than the home report valuation as he had put a lot of work into the property and didn't agree with the valuation.
Now I appreciate that vendors can achieve a higher price than the home report, but it's not really a popular area and after checking sold prices within the area (over the last 12 months), discovered that 4 bedroomed houses were sold for less than what I had offered for a 3 bedroomed.
The vendor has now taken the property off the market after only 1 month (I checked with the estate agent that it hadn't sold and they confirmed the vendor just decided to take off the market).
The property is now sitting empty so I'm sure the vendor wasn't in a rush to sell.
I was considering putting a letter through the vendors door asking if and when he decided to sell and was willing to accept my offer to give me a call.
Just wanted peoples thoughts if this is a bit cheeky or a case of if you don't ask you don't get.
Thanks in advance.
I viewed a property a few days after it went on the market and put in an offer a few days later, which was rejected.
I then increased my offer and told the estate agent that this was my final offer as this was my limit (which was true), but my offer did equal the home report value.
The estate agent said the vendor was looking to achieve higher than the home report valuation as he had put a lot of work into the property and didn't agree with the valuation.
Now I appreciate that vendors can achieve a higher price than the home report, but it's not really a popular area and after checking sold prices within the area (over the last 12 months), discovered that 4 bedroomed houses were sold for less than what I had offered for a 3 bedroomed.
The vendor has now taken the property off the market after only 1 month (I checked with the estate agent that it hadn't sold and they confirmed the vendor just decided to take off the market).
The property is now sitting empty so I'm sure the vendor wasn't in a rush to sell.
I was considering putting a letter through the vendors door asking if and when he decided to sell and was willing to accept my offer to give me a call.
Just wanted peoples thoughts if this is a bit cheeky or a case of if you don't ask you don't get.
Thanks in advance.
0
Comments
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Go for it - you've absolutely nothing to lose.0
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Sounds like you're keen on the property, but I think you need to be prepared for another rejection if you are going in with the same offer. Sounds like the vendor isn't desperate, which doesn't help you.0
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Clearly he wants more than your offer, so I don't rate your chances, but it can't hurt.0
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Also, bear in mind, Im pretty sure if the seller does indeed end up selling it to you, the seller will still legally owe the EA their commission. Because you viewed it via the EA first. It is a little known rule... (even if they go with a different EA in the future and you buy it, the original EA may still be entitled to the commission - this happened to one of the sellers we bought a property from. There is however a good chance the EA will never find out....0
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You'd be surprised..... There is however a good chance the EA will never find out....
This is their bread and butter - it's what they do.
Keeping lists of people they've introduced to properties is routine, and so is watching properties they've had on their books, when they sell, and who to (public information).0
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