Seller taking a while with very niche requirement / value for money on property - thoughts?

oystercatcher

You have to be ready to catch a flying pig..... first time buyers are two a penny at the moment so there will be another one along very soon after OP pulls out when they are fed up with waiting. Meanwhile the seller is ready watching and waiting for the flying pig house to come up for sale , they clearly don't care about wasting anyone else's time and money they just have their own goal in mind and they can't risk not having a buyer ready when the house they want comes up!

F37A

lookstraightahead said:

Thrugelmir said:

TripleH said:

Thrugelmir, because the seller is being very very specific in what they want (a house in only one of 2 roads) I think refusing to move out into rental whilst waiting for a property to come up for sale (might not happen for years) is unreasonable.

Would you offer to make a contribution towards their rental and storage costs? 

Honestly I would walk away. Too much pandering to vendors' needs at the moment. Hopefully with interest rate rises imminent and a slowing down of price hikes vendors will get a sense of normality where you either want to sell or you don't. Not "I want to sell with benefits"

Indeed, stamp duty benefit ended, furlough ended, unemployment to rise, energy bills up and national insurance. Rate rise of course. Supply chain issues. 

TripleH

If the vendor keeps stringing buyers along, then Estate agents may decide it not worth the fees to represent them. Plus with the wonder of the Internet people will question why a property keeps coming on to the market and assume hidden problems (that aren't there) risking the vendor becoming unable to buy onwards.

rexmedorum

Could also be a case of one of a couple really wanting to sell and the other one going along to keep the peace but sabbotaging the move by being rediculously picky.

walwyn1978

Ditzy_Mitzy said:

The house isn't really 'for sale', and the supposed vendor is wasting everyone's time by claiming that it is.  I'd leave it and look for something else, having encountered similar in the past.  There seem to be those who endlessly flirt with selling a property they do not wish to sell, so respond by putting it on the market to create the sense that it actually is on offer and then place endless obstacles before anyone who does actually want to buy it.  Baffling.  

Absolutely this. She’ll never sell, and you’ll be waiting a while. If by some chance a property does come up on the exact street she wants, you’re still going to have to wait for that paperwork to go through and and and and…

We looked at a house 8 years ago in which a similar sounding seller lived who told us through the EA that she was in no rush to move as she wanted a particular tiny village and would only move when something there became available. We left it. That house has come up for sale with pretty much every local EA in the last 8 years. It’s not sold as far as RM tells me. Don’t be waiting for something unlikely to happen. Pull out, look elsewhere. There will be  something good for you. Good luck. 

Flugelhorn

I too have come across people determined to move to a very limited area, they put the house on the market and expect the queue of vendors to wait while they find what they want. The houses I saw have never sold - the only way for these people to move is to have enough money to fund the onward purchase without selling first and not many of them do