Is it sensible to find out about a viewer before deciding to show a house

6am

Just had a call from the agent, they have an "investor" who wants to look at our property. Based on previous experience the investor type folks tend to offer the price which we refuse straight away. It seems that to secure a viewing you can tell any tale without an evidence (I am an investor, I am a cash buyer). I know that some viewers have no intention of making an offer, they just want to look at other people houses.

Therefore to save my time I am thinking about vetting people who we want to show the property. Initially based on the description, i.e. refuse viewing to all "investors". Then expand that to "cash buyers" so if they want to see a property they have to show a proof. Is it a sensible thing to do?

marliepanda

Seems a lot of fuss and more effort than showing them round to be honest.

Guest101

Haha, no.


I would never, ever show financials to either agent or vendor.

david1951

If you sound like a nightmare seller (which this would potentially do), you might end up putting sensible people off.

6am

Guest101 wrote: »

Haha, no.


I would never, ever show financials to either agent or vendor.

You have to after you make an offer, do not you? And if you previosuly made an offer through this particular agent then you already disclosed your financial details.

Cakeguts

It doesn't matter. People who look at other people's properties might tell all their friends about where they have viewed. You are trying to sell this house why are you trying to choose the type of person who views. All you want is someone to pay you the money for the house.

davidmcn

Not sure why a seller would want to be obstructive - I've never had to justify my interest when buying, or expected my viewers to be "vetted". Worry about what they're offering and/or their proceedability if you get to that stage.

6am

In my opinion the property is not priced to be attractive to investors. The last time investors made several viewings, mulled over the offer for a week, then made an offer which we refused straight away. We are not that desperate yet. It is a complete waste of our time. We will not drop our price beyond a certain limit, the agent knows that, the investors know they are not going to offer the price we want, so why waste everybody's time?

davidmcn

How much time is being wasted, really? 10 minutes for a viewing, a few minutes to consider their offer (if they make one)? I don't think it's worth excluding a whole section of potential buyers.

Guest101

6am wrote: »

You have to after you make an offer, do not you? And if you previosuly made an offer through this particular agent then you already disclosed your financial details.

No ofcourse not.


My solicitor will confirm I have funding in place and that is all you'd get.

FBaby

I know that some viewers have no intention of making an offer, they just want to look at other people houses.

This made me smile. A friend of mine called me last week-end to tell me she'd put an offer on a house. This came totally out of the blue as she had no real intention to move in the near future, but she saw a house she really liked, so her and OH decided to just go and have a look to get an idea of the type of house they could move into in the next 5 years. They however totally fell in love with it and put an offer at asking price.

If the owners had insisted on what you want to do, they would have lost that offer.