Estate agent etiquette

lookstraightahead

I just don't agree, and your approach wouldn't have worked for my vendor. My offer went in two days after the house went on the market. I'm not looking at anything retrospectively. My vendors simply allowed me to view a property, 15 mins of their time, no analysis or what ifs. 

Just to clarify i wasnt waiting for inheritance, I simply didn't apply for an AIP until everything was in place - through a mortgage broker - rather than a 5-min job that as you rightly say, anyone can get.  

I know how risk works, I just don't think the criteria fits for simply viewing a property. 

big_saver_5

In pre covid times things were different. Viewing in covid times means disinfecting your house, giving gloves and masks to viewers, leaving all your cupboard doors open so no one touches anything and standing in a freezing garden in the rain for an hour. A lot of people wont do that without knowing someone is proceedable and not a bored person looking for something to do while we are in lockdown 

Irishpearce26

I've had this recently, the estate agent asked if i had a DIP and if i was selling a property I had to have a memorandum of sale in order to book in a viewing. I didn't at the time and just carried on viewing other properties, it didn't bother me because i know some people get tyre kickers coming round with no intention of buying their house and if time is crucial they want to weed out the bad bunch. However said house is still on the 3 months later and we are ready to exchange.

We were lucky selling our house, we had two bidders before it was officially on the market who were both cash buyers, if i had many viewings I would more than likely ask that they had to have some proof of proceed ability. 

The_Man_In_The_Pub

Mickey666 said:

 Anyone truly serious about buying would not be concerned about providing proof of funds and if they can;t be bothered to provide such info then I can't be bothered to let them wander around my home.

Looks like you just lost a sale mate :-)  Nobody with two brain cells to rub together is going to reveal their hand before putting in an offer.

I said it before ..... Estate agents must see some of you lot coming!

lookstraightahead

What has happened to the art of negotiation of an estate agent knows exactly what you can afford before you even see a property? 

lookstraightahead

big_saver_5 said:

In pre covid times things were different. Viewing in covid times means disinfecting your house, giving gloves and masks to viewers, leaving all your cupboard doors open so no one touches anything and standing in a freezing garden in the rain for an hour. A lot of people wont do that without knowing someone is proceedable and not a bored person looking for something to do while we are in lockdown 

I don't disagree with this, but there is no proof that anyone is proceedable with a 5  min AIP and money in the bank. You can have both of those things and can still be a tyre kicker. My view is that the criteria like this is throwing away potentially good viewers like me who just wanted to get all my ducks in a row. It doesn't give you better quality viewers, it just gives you fewer.

big_saver_5

If someone is looking for an excuse to get out of the house and take their kids to have a nosey around some houses having to do a credit check on themselves first may just put them off. As I say it isnt fool proof but estate agents are getting a lot of bored day trippers who have no intention of buying anything at the moment and are trying to put them off. They may put off genuine people however if someone really likes the house it isnt too much of an ask to get a decision in principle or produce a piece of paper to show you have a buyer for your house. 

lookstraightahead

big_saver_5 said:

If someone is looking for an excuse to get out of the house and take their kids to have a nosey around some houses having to do a credit check on themselves first may just put them off. As I say it isnt fool proof but estate agents are getting a lot of bored day trippers who have no intention of buying anything at the moment and are trying to put them off. They may put off genuine people however if someone really likes the house it isnt too much of an ask to get a decision in principle or produce a piece of paper to show you have a buyer for your house. 

An AIP isn't a credit check.
it would be better to insist that a viewing is limited to 15 mins and only two viewers at the most, or something similar. The EA need to do their work and investigate rather than just ask for a couple of random useless bits of paper that tell people nowt. 
I remember being asked to prove I could afford over the asking price before I was shown round a property. I politely refused and it's still on the market. Why on earth would I try to prove that 😂

Irishpearce26

lookstraightahead said:

big_saver_5 said:

If someone is looking for an excuse to get out of the house and take their kids to have a nosey around some houses having to do a credit check on themselves first may just put them off. As I say it isnt fool proof but estate agents are getting a lot of bored day trippers who have no intention of buying anything at the moment and are trying to put them off. They may put off genuine people however if someone really likes the house it isnt too much of an ask to get a decision in principle or produce a piece of paper to show you have a buyer for your house. 

An AIP isn't a credit check.
it would be better to insist that a viewing is limited to 15 mins and only two viewers at the most, or something similar. The EA need to do their work and investigate rather than just ask for a couple of random useless bits of paper that tell people nowt. 
I remember being asked to prove I could afford over the asking price before I was shown round a property. I politely refused and it's still on the market. Why on earth would I try to prove that 😂

Depends on the lender. Virgin do a hard check at DIP stage.

lookstraightahead

Irishpearce26 said:

lookstraightahead said:

big_saver_5 said:

If someone is looking for an excuse to get out of the house and take their kids to have a nosey around some houses having to do a credit check on themselves first may just put them off. As I say it isnt fool proof but estate agents are getting a lot of bored day trippers who have no intention of buying anything at the moment and are trying to put them off. They may put off genuine people however if someone really likes the house it isnt too much of an ask to get a decision in principle or produce a piece of paper to show you have a buyer for your house. 

An AIP isn't a credit check.
it would be better to insist that a viewing is limited to 15 mins and only two viewers at the most, or something similar. The EA need to do their work and investigate rather than just ask for a couple of random useless bits of paper that tell people nowt. 
I remember being asked to prove I could afford over the asking price before I was shown round a property. I politely refused and it's still on the market. Why on earth would I try to prove that 😂

Depends on the lender. Virgin do a hard check at DIP stage.

So did mine, but EAs don't distinguish with regards to viewings.