4 buyers have pulled out this week from 1 estate agents

budget_counsellor_shaz

[/QUOTE]

Nenen wrote: »

I may be talking out of a lower orifice than usual as I've never been to a property auction, but does the auction always take place at the actual property? I thought that the auction itself took place at an auction house (potential buyers having viewed the property previously).

If I am correct then presumably viewing could be spread out prior to the auction so parking wouldn't be an issue although I'd have thought that any canny buyer could probably see that for him/herself).

You are correct the auction does not take place at the house in this country..... she was worried about the potential buyers turning up for a group viewing and not being able to park.

She needs to treat this as a business decision - the fact she's worried about the house's beautiful decor suggests that she's far too emotionally involved. If she's emigrating it's unlikely she'll see the house again!

It's a horrible situation as she needs a quick sale - has she thought about dropping the price for buyers who can proceed immediately?

seraphina her buyers are quite happy with the price of her house they are not the people pulling out it is further down the chain. BTW she has already reduced the original price by about 10%. I agree she is unlikely to see the house again but as far as she was concerned she thought it was sold

all depends how far along these "sales" had gone through.

had the surveys been carried out,etc or were these "sales" based on offers by FTB that just couldn't get the funds after thinking they could.

also with the time of year, some people may just think sod this too close to xmas now, i'll pull out and look again in the new year.

so until we find out the genuine reasons why all 4 had fallen through, we can only guess

CB1979 all the surveys were completed months ago........ The sale was due to complete in the next fortnight.

On a thread in DFW yesterday I saw that one ladys EA has closed 5 branches over the last couple of weeks, thats in the south east.

Wow Lynzpower 5 estate agents:eek:

Shaz