Have you ever gazundered?

marksoton

Nicki wrote: »

The last time we sold, the awful biatch who had offered just below the asking price but was in rented accommodation at the time, dropped her offer by £10k just before exchange. Because we were time crunched in a chain, we initially agreed but then it transpired she would need a new mortgage offer as the price of the property had now changed and we'd be delayed by several weeks. I put it back on the market with two agents immediately and sold to a cash buyer with exchange and completion within 3 weeks for £25k over the asking price.

The original biatch then had her solicitor send me a letter before action demanding I reimburse her for her conveyancing costs and survey fees ��

Sadly for her I am also a solicitor so was not in the least phased by that letter and not only did I tell her in legal language to F off, I also reported her solicitor to the Solicitors regulatory authority for writing a letter before action when he should have known on the law that no legal claim arose.

So not exactly the situation you asked for, but similar ��

:rotfl::T

That's what happens when someone thinks they're cleverer than they really are.

csgohan4

marksoton wrote: »

:rotfl::T

That's what happens when someone thinks they're cleverer than they really are.

Or karma....

zagubov

Nicki wrote: »

The last time we sold, the awful biatch who had offered just below the asking price but was in rented accommodation at the time, dropped her offer by £10k just before exchange. Because we were time crunched in a chain, we initially agreed but then it transpired she would need a new mortgage offer as the price of the property had now changed and we'd be delayed by several weeks. I put it back on the market with two agents immediately and sold to a cash buyer with exchange and completion within 3 weeks for £25k over the asking price.

The original biatch then had her solicitor send me a letter before action demanding I reimburse her for her conveyancing costs and survey fees ��

Sadly for her I am also a solicitor so was not in the least phased by that letter and not only did I tell her in legal language to F off, I also reported her solicitor to the Solicitors regulatory authority for writing a letter before action when he should have known on the law that no legal claim arose.

So not exactly the situation you asked for, but similar ��

This warms my soul. :beer:

rob404uk

I had an offer accepted on a terraced house in Walthamstow. 236000. Not very knowledgeable about the process and the search came back that it an underpin. Made insurance silly and was very put off (possibly overly so) and reduced my offer by 10%. That was rejected and deal off. Worked out well though. After spending money on 3 surveys the 4th one came off and I much prefer where I am now☺

marksoton

csgohan4 wrote: »

Or karma....

Indeed.

I'd never Gazunder. The argument it's a business transaction only is rubbish. You're directly impacting on someone else's life and finances.

The parents recent buyer tried it on because he'd got his architect/extension sums wrong and was trying to recoup costs completely unrelated to the sale.Tough. The EA was actually embarrassed at having to pass the information on.

Arthritic_Toe

csgohan4 wrote: »

To be fair, it's nothing personal but business. You often don't see the vendor and even if you did, it's still money that matters.

People who act like this have generally done it once or twice and got away with it. This has made them think they are property experts. They are not though. They soon enough get a reputation that they cannot be trusted and agents/solicitors will advise their clients of this when receiving future offers from these sorts of idiots. All the best and most successful businessmen and women also have a moral code and apply it in their dealings.

I had one of these clowns suddenly demand an addition 2K (yes just 2K) on a sale price just after survey and before completion, just because he thought he could. We pulled out there and then (as who's to say he wouldnt have wanted more the next day), and we found and completed on another property a couple of months later. Yes, it delayed us and meant that our survey fee was wasted, but it was worth all that when the original vendor came whining back to us, saying he'd take the original price, if only we'd reconsider. We politely pointed out the error of his ways and that he should really try to act like a grown up in the future.

[Deleted User]

Sailor Sam have to agree, a gazunder goes under the bed for when you need to 'go' in the night and can't get to the bathroom :rotfl:
Also sometimes known as the 'po'
Maybe we're just old!

Arthritic_Toe

TheDapster wrote: »

Sailor Sam have to agree, a gazunder goes under the bed for when you need to 'go' in the night and can't get to the bathroom :rotfl:
Also sometimes known as the 'po'
Maybe we're just old!

Yes - thats kind of the point of the term. The word 'gazundering' in the property market has been coined as an ironic reference to the item you describe. It aint just happy coincidence.

csgohan4

Arthritic_Toe wrote: »

People who act like this have generally done it once or twice and got away with it. This has made them think they are property experts. They are not though. They soon enough get a reputation that they cannot be trusted and agents/solicitors will advise their clients of this when receiving future offers from these sorts of idiots. All the best and most successful businessmen and women also have a moral code and apply it in their dealings.

I had one of these clowns suddenly demand an addition 2K (yes just 2K) on a sale price just after survey and before completion, just because he thought he could. We pulled out there and then (as who's to say he wouldnt have wanted more the next day), and we found and completed on another property a couple of months later. Yes, it delayed us and meant that our survey fee was wasted, but it was worth all that when the original vendor came whining back to us, saying he'd take the original price, if only we'd reconsider. We politely pointed out the error of his ways and that he should really try to act like a grown up in the future.

The look on the vendor's face at the time you told to F off would have been worth the buying price itself lolz

ReadingTim

For a money saving website such as this, there's a curiously puritanical view of gazundering and (to a lesser extent) gazumping. Yet this same site also trumps phoning up the likes of sky, virgin media, O2, vodafone etc and saying you're thinking of leaving unless (by implication) they lower your monthly contract.

I wonder how many of the 'holier than thou' brigade have pulled the latter trick and reneged on a previously agreed contract, yet consider it beyond the pale changing a verbal agreement, where no contract exists just because a house is involved...?!?