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Another offers over

3mph · 2017-02-02 23:18:32

2 bed Flat been for sale for £520k for 6 months then they put it with another agent now offers over £490k and only had 1 offer and of £450k in 5 months with new agent. Rejected our offer £470k we are cash buyers no finance needed. Told what is our walk away offer. I laughed and said that is meaningless (ie if £480k…

Comments

Crashy_Time Posts: 13,386 Forumite

21 February 2017 at 7:06PM

Surrey_EA wrote: »

If "getting delusional vendors to drop prices" was as easy as you appear to be suggesting, then I can assure you this would already have happened.

The fact that a consultation on banning rental fees charged by letting agents will be taking place, is unlikely to have any impact on how persuasive an EA will be in getting an unrealistic owner to reduce their price. Ignoring the point that not all EAs will have a lettings department.

It will become critical for EA`s (who rely on lettings fees) if rental fees are banned.

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