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Pretending to not be in a chain

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Comments

  • Only accepting offers from individuals who are proceedable is standard, and I can't believe a reputable solicitor would lie so planning to hide a house sale would be found out fairly quickly. And then most vendors with relist if you didn't have a buyer, and a number would withdraw on principle.

    I'd do this another way. Get the EA on side. Tell them that you love the house and have an AIP, but haven't picked an EA to sell yours yet. Then they have the potential to get double commission out of one transaction and will probably let you view it anyway.
  • dil1976
    dil1976 Posts: 484 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Only accepting offers from individuals who are proceedable is standard, and I can't believe a reputable solicitor would lie so planning to hide a house sale would be found out fairly quickly. And then most vendors with relist if you didn't have a buyer, and a number would withdraw on principle.

    I'd do this another way. Get the EA on side. Tell them that you love the house and have an AIP, but haven't picked an EA to sell yours yet. Then they have the potential to get double commission out of one transaction and will probably let you view it anyway.
    Bloody hell, talk about trying to screw the vendor over twice. Cant imagine that being a wise move by the EA as it will do their reputation more damage than commission from one sale would be able repair. 
  • gazb_2
    gazb_2 Posts: 59 Forumite
    Part of the Furniture 10 Posts Name Dropper Combo Breaker

    I'd do this another way. Get the EA on side. Tell them that you love the house and have an AIP, but haven't picked an EA to sell yours yet. Then they have the potential to get double commission out of one transaction and will probably let you view it anyway.
    We’ve done this on 3 properties over the years, all 3 times it’s paid off! The estate agents rush the photos, listing on Rightmove etc. it’s win win for everyone.

    not a fair game the original poster is playing, it’ll end in tears 
  • dil1976 said:
    Only accepting offers from individuals who are proceedable is standard, and I can't believe a reputable solicitor would lie so planning to hide a house sale would be found out fairly quickly. And then most vendors with relist if you didn't have a buyer, and a number would withdraw on principle.

    I'd do this another way. Get the EA on side. Tell them that you love the house and have an AIP, but haven't picked an EA to sell yours yet. Then they have the potential to get double commission out of one transaction and will probably let you view it anyway.
    Bloody hell, talk about trying to screw the vendor over twice. Cant imagine that being a wise move by the EA as it will do their reputation more damage than commission from one sale would be able repair. 

    I might have been unlucky but in my experience estate agents do it anyway. We had someone view our last house twice before the EA admitted that they were selling the viewer's property too. And they weren't the only ones that turned out to have properties to sell. Then they offered to get another of their branches to organise viewings in the area we were looking at (before we had an offer). For that national chain it was standard despite telling us only proceedable people would be allow to view.

    Even if the isn't selling their property - how many EAs check proof of funds prior to a viewing? I've only ever been asked to prove ID/funds when making an offer.

    The OP is suggesting lying to the EA and the vendor. I'm suggesting being honest with the EA.
  • user1977
    user1977 Posts: 18,152 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    michelle09 said:

    how many EAs check proof of funds prior to a viewing?
    Loads, judging from the threads we've had here.
  • dil1976
    dil1976 Posts: 484 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    dil1976 said:
    Only accepting offers from individuals who are proceedable is standard, and I can't believe a reputable solicitor would lie so planning to hide a house sale would be found out fairly quickly. And then most vendors with relist if you didn't have a buyer, and a number would withdraw on principle.

    I'd do this another way. Get the EA on side. Tell them that you love the house and have an AIP, but haven't picked an EA to sell yours yet. Then they have the potential to get double commission out of one transaction and will probably let you view it anyway.
    Bloody hell, talk about trying to screw the vendor over twice. Cant imagine that being a wise move by the EA as it will do their reputation more damage than commission from one sale would be able repair. 

    I might have been unlucky but in my experience estate agents do it anyway. We had someone view our last house twice before the EA admitted that they were selling the viewer's property too. And they weren't the only ones that turned out to have properties to sell. Then they offered to get another of their branches to organise viewings in the area we were looking at (before we had an offer). For that national chain it was standard despite telling us only proceedable people would be allow to view.

    Even if the isn't selling their property - how many EAs check proof of funds prior to a viewing? I've only ever been asked to prove ID/funds when making an offer.

    The OP is suggesting lying to the EA and the vendor. I'm suggesting being honest with the EA.
    My point was more about the EA sending someone to view who is in a chain when they have been instructed that isn't what they want and been instructed so as well.
  • hazyjo
    hazyjo Posts: 15,475 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Bloody thing still isn't getting me quote 🤦🏼‍♀️

    Michelle, I believe you're misunderstanding. They're not just wanting someone proceedable (as is pretty usual), they want a chain-free buyer with nothing to sell. The OP will be in a chain and wants to pretend they're not - until they get found out, as they're hoping they'll be far enough ahead for the vendors for to pull out (at least that's the impression I'm getting!).
    2024 wins: *must start comping again!*
  • user1977 said:
    michelle09 said:

    how many EAs check proof of funds prior to a viewing?
    Loads, judging from the threads we've had here.
    They definitely do, especially if the vendor has specifically asked for somebody without a house to sell. As a vendor in their position, I would be pushing the EA to get as much information as possible.

    As soon as the EA said they own the house they are living in but don't need to sell it to buy mine, alarm bells would be ringing and I would be asking what is happening with that house etc etc. 

    When we were selling, our buyer delayed the process by failing to secure a BTL mortgage which took 3 months to get a decision. I agreed to continue with them as a buyer as long as the EA was able to sell their house quickly to a non chain buyer. I asked the EA to confirm so many things about the buyer before I would allow the process to continue. 
  • Ah. My mistake. I still think EAs will send them round and the seller is lucky if they are in an area where they can currently afford to be that selective. I have a family member who is trying to sell. First week of December the EA had 2 viewings across all their properties. 

    Fair enough on viewings. I have been asked my position but never had to prove anything prior to an offer. 
  • and people call me dodgy........................lol
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