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Estate Agent sold house based on "Deposit"
Comments
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I’ll only add one thing here. From every interaction I have had with Estate Agents, be that as a tenant, landlord, buyer or seller.
Estate Agents lie, they lie a lot. If he said 15 offers you can bet it wasn’t more than 10. If he said 30% deposit you can bet it was lower than that.
Unlike every other profession involved in the housing buying process (lender, mortgage adviser, solicitor, surveyor, etc) they don’t need qualifications and their regulation is a joke.
My latest experience was going to view a property that (according to a Rightmove plug-in that I use) had been on the market for 8 months with the same EA with 3 price reductions. As per the EA, it had “just come on the market” and they had a couple of people coming later for second viewings”. I took great pleasure in showing him the app screenshot with a timeline of the listing and watching him scramble to lie a bit more. Apparently they were just “testing the waters”.
All I can say is that you need to play them at their game. In your place I would have evidenced a healthy deposit, whether I had it or not.0 -
Find another house and move on. X0
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