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Estate Agent Pushy About Putting Flat on Market

Hi all. I'm looking for a new place to buy, and sell my flat. I'm in London and my flat will sell in 5 mins. I consulted a local (well thought of agents), and they are v pushy for my place to be put on market immediately. I want to wait until I find a place I am serious about and make an offer, for the sole reason I do not want to be pressured once I have a good offer on mine, to find something or end up with nowhere. I'm not a timewaster.

I get that the agents want people ready to go, but realistically I have a great property 5 mins from a tube station and my road is one of the most desirable, but I'm after something bigger but inevitably crummier and that'll take a while to find.

Any advice about handing agents? I've bought twice before but never been in a chain.

Thanks
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Comments

  • glentoran99
    glentoran99 Posts: 5,825 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Debt-free and Proud!
    Hi all. I'm looking for a new place to buy, and sell my flat. I'm in London and my flat will sell in 5 mins. I consulted a local (well thought of agents), and they are v pushy for my place to be put on market immediately. I want to wait until I find a place I am serious about and make an offer, for the sole reason I do not want to be pressured once I have a good offer on mine, to find something or end up with nowhere. I'm not a timewaster.

    I get that the agents want people ready to go, but realistically I have a great property 5 mins from a tube station and my road is one of the most desirable, but I'm after something bigger but inevitably crummier and that'll take a while to find.

    Any advice about handing agents? I've bought twice before but never been in a chain.

    Thanks


    You wont be pressurised, you will be at the back of the queue as a purchaser if your place doesn't have an offer or is even up for sale and could miss out on your perfect place
  • onlyroz
    onlyroz Posts: 17,661 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    You are not "proceedable" until you have an offer on your place, and so any offers you make on other places will most likely be turned down.
  • glasgowdan
    glasgowdan Posts: 2,968 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Not at all to the above comments! If a seller gets an offer from you £5k more than someone else there's every chance they'll wait a couple weeks longer.

    If i were to sell up again I'd definitely be waiting to find the right house first. Prepare for sale, do photos etc.

    You could always advertise now and try to pick a flexible buyer who will wait.
  • glentoran99
    glentoran99 Posts: 5,825 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Debt-free and Proud!
    glasgowdan wrote: »
    Not at all to the above comments! If a seller gets an offer from you £5k more than someone else there's every chance they'll wait a couple weeks longer.

    If i were to sell up again I'd definitely be waiting to find the right house first. Prepare for sale, do photos etc.

    You could always advertise now and try to pick a flexible buyer who will wait.



    so waiting may cost him an extra 5k? Glad you have that kind of money to spare
  • tightasagnats
    tightasagnats Posts: 391 Forumite
    so waiting may cost him an extra 5k? Glad you have that kind of money to spare

    Thanks folks.......in response:

    a) don't assume male
    b) £5k extra in London is nothing for somewhere you want
    c) I don't believe in perfect place nor need perfection!

    Thanks everyone, appreciate the feedback. I'll have everything ready to go.
  • glentoran99
    glentoran99 Posts: 5,825 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Debt-free and Proud!
    Thanks folks.......in response:

    a) don't assume male
    b) £5k extra in London is nothing for somewhere you want
    c) I don't believe in perfect place nor need perfection!

    Thanks everyone, appreciate the feedback. I'll have everything ready to go.




    a) apologies
    b) 5k more than you may not possibly have to spend though?
    c) I meant perfect place for you
  • tightasagnats
    tightasagnats Posts: 391 Forumite
    a) thanks
    b) yep. I know. But you find a way here. Sell limb etc.
    c) thanks
  • martindow
    martindow Posts: 10,575 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    a) thanks
    b) yep. I know. But you find a way here. Sell limb etc.
    c) thanks
    Maybe best to look for a bungalow!
  • Most people in London sell first/get an offer then proceed, as mentioned above you won't be viewed highly if you have a place to sell

    plus you can even move into rented while you find
  • tightasagnats
    tightasagnats Posts: 391 Forumite
    Too risky to move out and rent, wd never do that. If prices go up as fast as they can I not this area, you're stuck and rents are extortionate!!!
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