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Estate Agent Playing me?

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Comments

  • Lokolo
    Lokolo Posts: 20,861 Forumite
    Part of the Furniture 10,000 Posts
    Why did the EA mess you right from the start?

    Tbh, it sounds as though you can't afford this property. Maybe look at others that are slightly cheaper.
  • MobileSaver
    MobileSaver Posts: 4,372 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Who's to say they aren't playing more games with this speele??

    Actions speak louder than words and the fact that five months on they've not accepted your offer suggests they are serious about their bottom line and are not playing any games.
    Haha erm I can afford that property. I probably earn more than you!

    I find that very hard to believe when you are quibbling over a mere £5k on a house that you apparently really, really want...
    Every generation blames the one before...
    Mike + The Mechanics - The Living Years
  • Surrey_EA
    Surrey_EA Posts: 2,048 Forumite
    Tenth Anniversary 1,000 Posts
    Am I missing something here??
    Quite possibly!
    The estate agent messed me about right from the start...
    How so? I notice you've heavily edited your original post, but I don't recall anything to suggest you had been messed about.
    Who's to say they aren't playing more games with this speele??
    How do you mean "more games?" You have put forward offers that the vendor has rejected. Why does that constitute "playing games?" (It's spiel, btw)
    The property is only worth what someone is willing to pay for it.... Simple
    This is absolutely true, and the owners may at some future point regret not accepting your offer, who knows? But you cannot force someone to accept an offer just because you want them to.

    If you have approached the negotiations in the same combative way as you have reacted to advice/comments here, that may begin to explain things.
  • Dean000000
    Dean000000 Posts: 612 Forumite
    Am I missing something here?? The estate agent messed me about right from the start... Who's to say they aren't playing more games with this speele?? The property is only worth what someone is willing to pay for it.... Simple

    I’m only willing to pay 190k for that house.

    Does that mean it’s worth 190k?
  • Exodi
    Exodi Posts: 4,213 Forumite
    Eighth Anniversary 1,000 Posts Chutzpah Haggler Car Insurance Carver!
    edited 6 March 2019 at 10:48AM
    Lokolo wrote: »
    Why did the EA mess you right from the start?

    Tbh, it sounds as though you can't afford this property. Maybe look at others that are slightly cheaper.

    How DARE you?! The great Katetheplate probably earns more than you! She's no idiot willing to get ripped off, maybe you are????? Tell them Kate!
    Haha erm I can afford that property. I probably earn more than you! I'm not an idiot willing to get ripped off, maybe you are

    Yeah, bet you feel pretty silly now? The great Katetheplate wipes her behind with fifties, mere inconsequential forumites swoon in response to Katetheplate's immense wealth.
    Know what you don't
  • MEM62
    MEM62 Posts: 5,370 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 6 March 2019 at 11:15AM
    They are being very stubborn.

    And you are not? They are under no obligation to negotiate with you or anyone else. It is their prerogative to let the house sit these while they hold out for what they want for it. You know where they are with procing as they have asked for offers in the region of £240. £210K is not in the region of £240K.
    A house across the way was listed as offers over £230,000 and was snapped up within a few weeks.

    Then I can see their logic in holding out for £240k.
    I don't know why they are being so pathetic and unrealistic.

    From their viewpoint they are not.
    Our final and Best offer of £230,000...

    If the accept it all well and good. If not, draw a line, move on and look at other properties.
    The property is only worth what someone is willing to pay for it.... Simple

    Absolutely correct - but there needs to be an agreement on the price and the seller won't accept your offer. Therefore you cannot move forward with this. You will be better off channelling your emotional energy into looking for an alternative property rather than stressing over the fact that the vendor will not accept your offer on this one. Move on.
  • Ian_875
    Ian_875 Posts: 105 Forumite
    Sixth Anniversary 10 Posts
    edited 6 March 2019 at 12:33PM
    Just to play devils advocate here, we (also FTBs) went for a viewing for a place that had been on the market for 4 years but was priced slightly too high (would need alot of work doing)

    Our thinking was we'd be able to get a lower offer in to take into account the work and away we go.

    We went to do the viewing and the first thing the EA said, slightly exasperated, was "before we go in, they won't negotiate on the price at all. I've had offers £2k below asking and they won't accept".

    Apparently it was a divorced couple - the wife was happy to sell, the husband wasn't and was refusing to budge on price. The EA mentioned that the husband has been paying the mortgage for the last 4 years on it despite it being empty - I think it was very much a point of principle to get back at his ex wife. In my opinion, I think they'd priced it just low enough to attract viewings, but just high enough to make it uneconomical for anyone to buy, presumably so one of the sellers could say "you're not getting your half until it's sold. Look, I'm trying to sell it".

    As there was no point in putting an offer in, we didn't. Onwards and upwards

    Which brings me to the next one we loved, a property from a couple that had emigrated. We offered £10k less, then £5k less, then £3k less. They refused all of them. They wouldn't go down for the sake of £3k. I don't understand, but they clearly didn't need the money. The house wasn't work their asking price in my opinion. You know what we did with that one? Sulked for a day and then started looking elsewhere! You can't make people accept an offer the don't want to accept, it's pointless.

    The point to all of this is people sell houses for a hundred different reasons. Some may even be on the market with the seller not wanting to sell. Just draw a line under it and move on.
  • Great post Ian.
  • -taff
    -taff Posts: 15,411 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Why don't you look into building your own house? Then you can build it for not a penny over 230k and be happy with your bargain....
    Non me fac calcitrare tuum culi
  • ReadingTim
    ReadingTim Posts: 4,087 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    The property is only worth what someone is willing to pay for it.... Simple

    The property is only "worth" what it is worth when the buyer and seller agree a price for it.

    Until that time, or without that agreement; it is either worthless or priceless.
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