Solicitor Put In The Wrong Offer!

DaftyDuck

...Will up my offer a bit as a thank you to her...

Good for you!

...waiting on my new solicitor...

Ditto!

I hope things move smoothly for you and your vendor!

dinkylink

Wow what a great turn-out considering the almighty c***-up by the solicitor.


Sounds like you are a very reasonable buyer and are dealing with a very reasonable seller!


In the end looks like you haven't lost the property, but I wonder if there would have been any come back against the solicitor if you had...

agrinnall

If I was one of the other two bidders who made higher offers than you I would be seriously annoyed at your solicitor, and I'd also be very unhappy that you have undermined the closing date system by making a later higher bid with the connivance of the seller. I wouldn't be surprised if the whole thing falls apart and the house has to go back on the market for bids to be made again.

jennifernil

As far as I can remember, there is no need for the seller to accept the highest, or indeed any, bid.

Behind the scenes negotiations are not unknown.

agrinnall

jennifernil wrote: »

As far as I can remember, there is no need for the seller to accept the highest, or indeed any, bid.

Behind the scenes negotiations are not unknown.

You're right, there is no need to accept any particular bid, but because of the error the seller was misled into accepting one bid when they might have accepted a different one had the correct information been supplied. And once that bid had been accepted any behind the scenes negotiation would at the very least have been frowned on, and a reputable solicitor would have refused to become involved.

davidmcn

agrinnall wrote: »

You're right, there is no need to accept any particular bid, but because of the error the seller was misled into accepting one bid when they might have accepted a different one had the correct information been supplied. And once that bid had been accepted any behind the scenes negotiation would at the very least have been frowned on, and a reputable solicitor would have refused to become involved.

They were told they were the successful bidder, they're remaining the successful bidder, and there's been some negotiation about the price they're paying. I don't think any of that breaches the guidance about how to handle closing dates. After all, what's the alternative?

agrinnall

davidmcn wrote: »

They were told they were the successful bidder, they're remaining the successful bidder, and there's been some negotiation about the price they're paying. I don't think any of that breaches the guidance about how to handle closing dates. After all, what's the alternative?

As I said previously, the alternative is to reject all the offers and set a new closing date. I doubt if it'll happen, and I'm pleased for the OP that they've got the house they want, but the way they have got it has been grossly unfair to the two people who offered higher than the amount the OP thought they had offered.

alchemist.1

dinkylink wrote: »

Wow what a great turn-out considering the almighty c***-up by the solicitor.


Sounds like you are a very reasonable buyer and are dealing with a very reasonable seller!


In the end looks like you haven't lost the property, but I wonder if there would have been any come back against the solicitor if you had...

it would have been hard to prove a loss, especially when he wasn't the highest offeror (with the correct sum).

Wanderers

As a final update, put in a revised offer this morning to the estate agent (used a different solicitor!), and happy to report it has now been verbally accepted by the seller.


Been a nightmare, but glad it's finally done. What's for you won't go by you ect...