Advice on this bad house bidding experience...

Aylesbury_Duck

TT_fan89 wrote: »

Again, the “experienced” “fat cats” and “keyboard warriors” of Money Saving Expert forum continue to berate and bully the less less experienced.

Remind me again what her/his partner and their age has to do with their house buying advice. Or to do with you? :T

It was the OP who brought their age and their partner into the discussion. I had already offered (and been thanked by the OP for) my advice. Then the strange age discrepancy cropped up, which caused me to doubt the circumstances the OP described. Age doesn’t necessary have much to do with the advice, but if people want the the courtesy of free advice and the views of other posters, it is equally courteous not to be misleading and evasive when asked questions.

If questioning inconsistencies and discrepancies in a poster’s account is berating and bullying, you have a different dictionary than I have.

thorsoak

grussell wrote: »

Hello,

I am a first time buyer with my mortgage in principal and I am feeling very sad as I had an offer (or 4) declined and was wondering if I could get some advice on avoiding this situation in the future and feedback on the whole scenario in general. I don’t feel my experience with this particular EA was very professional. I will explain further:

House: 2 bed detached, been on market for at least 6 months, has already been reduced, no central heating, some minor refurbishment needed.

Date 1: viewed house with asking price of £167,000
Date 2: submit offer of £155,000
Date 3: offer declined within 24 hours (vendor requested £162,000 via EA in response)
Date 4: submit offer verbally of £158,000
Date 5: offer declined within 24 hours
Date 6: submit offer of £161,000
Date 7: offer declined within 48 hours
Date 8: submit offer of £162,000 (finally matched the vendors initial request)
Date 9: offer declined (after four days of chasing EA up).

Call me old fashioned but I didn’t get a single courtesy call from the EA to explain the offer taking a long time or offer was being thought over etc.

The Estate Agent is the agent of the seller - not the buyer, so he would not contact you until he had something - whether positive or negative - to tell you. It is in his (and the seller's) best interest to garner as much interest as possible in a property - you might have been one of four or five interested parties.

Thrugelmir

grussell wrote: »

Definitely not going to defend my emotions after having four offers rejected. I am human, after all. I really felt like this was the “one”.

I’m not in the house buying career but I do think that to wait four days for a vendor to reply to an offer without as much as a courtesy phone call to explain the delay lacks some professional etiquette. Not only that but after matching the vendors request, my offer was further declined. Is anyone not the slightest bit shocked at this?

You have no idea as to whether are other people have viewings booked to see the property. In which case the vendor might be simplying waiting for the outcome.

davidmcn

TT_fan89 wrote: »

Remind me again what her/his partner and their age has to do with their house buying advice.

It seems too much of a coincidence that he's got together with someone who has a similar style of writing and a past history of posting a rather unbelievable story (which also unravelled on further questioning).

Besides, who the heck shares their MSE account (particularly one which hadn't been used for three years) when it's free to register a new account (as you have no doubt just discovered, TT_fan89 - welcome to the forum! )

parkrunner

grussell wrote: »

Definitely not going to defend my emotions after having four offers rejected. I am human, after all. I really felt like this was the “one”.

I’m not in the house buying career but I do think that to wait four days for a vendor to reply to an offer without as much as a courtesy phone call to explain the delay lacks some professional etiquette. Not only that but after matching the vendors request, my offer was further declined. Is anyone not the slightest bit shocked at this?

Not in the slightest. You were told what they would accept but you kept messing around with offers under that price.

davidmcn

Original post quoted below so the thread makes more sense to future readers:

Hello,

I am a first time buyer with my mortgage in principal and I am feeling very sad as I had an offer (or 4) declined and was wondering if I could get some advice on avoiding this situation in the future and feedback on the whole scenario in general. I don’t feel my experience with this particular EA was very professional. I will explain further:

House: 2 bed detached, been on market for at least 6 months, has already been reduced, no central heating, some minor refurbishment needed.

Date 1: viewed house with asking price of £167,000
Date 2: submit offer of £155,000
Date 3: offer declined within 24 hours (vendor requested £162,000 via EA in response)
Date 4: submit offer verbally of £158,000
Date 5: offer declined within 24 hours
Date 6: submit offer of £161,000
Date 7: offer declined within 48 hours
Date 8: submit offer of £162,000 (finally matched the vendors initial request)
Date 9: offer declined (after four days of chasing EA up).

Call me old fashioned but I didn’t get a single courtesy call from the EA to explain the offer taking a long time or offer was being thought over etc.

grussell

Thank you davidmcn

Aylesbury_Duck

And there we have it. After getting the advice needed, the OP has deleted all their posts, thereby reducing the usefulness of the thread to other people in similar situations. How selfish. I can see why they had difficulty dealing with the vendor and their EA.

parkrunner

grussell wrote: »

House offer accepted.

Yeah right.

SnooksNJ

Any updates on this? Was the house offer accepted?