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Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.2 weeks and noone has viewed the house
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Ok so another thing came to light yesterday, when the EA came to sign contracts we had to pay an anti laundering fee of £60, she said she needed this upfront has she couldn't place the house on the market until this was done, so I asked her yesterday for the invoice for this hasnits been over 2 weeks and she said she couldn't do it because we didn't give her the correct identity proof, we gave her a bank statement, passports and a utility bill, I believe she never actually intended to do it!0
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Selphie1UK said:Ok so another thing came to light yesterday, when the EA came to sign contracts we had to pay an anti laundering fee of £60, she said she needed this upfront has she couldn't place the house on the market until this was done, so I asked her yesterday for the invoice for this hasnits been over 2 weeks and she said she couldn't do it because we didn't give her the correct identity proof, we gave her a bank statement, passports and a utility bill, I believe she never actually intended to do it!
What identify and proof did she ask for? EAs have to have an AML policy as they can't sell properties until they can do background checks and financial checks on people.0
The bottom line is that you made a mistake by choosing to list your house with an EA without doing your own due diligence checks to see that they use Rightmove to list their properties.
You are requesting to cancel after 13 days so a fee is absolutely due. I would offer them the £495, less say £60 for the 2 hours you have spent going back and forth trying to get them to correct their mistakes.
Of course you don't have to pay them, but you have signed a contract, so they will just send you a letter before action, take you to court if you still refuse to pay, then they'll get their money and you'll also end up paying court fees.
Are you in a hurry to sell? If you don't want to pay their fee, then you'll just have to stick with them, and get on their case EVERY DAY making sure the advert is correct and that they're making the effort to let people know it's for sale.Should've = Should HAVE (not 'of')
Would've = Would HAVE (not 'of')
No, I am not perfect, but yes I do judge people on their use of basic English language. If you didn't know the above, then learn it! (If English is your second language, then you are forgiven!)1 -
So you're due that money back if she hasn't done it.
I think best you can do is ask for a breakdown of the costs and pay what they can justify. To be honest, you'll probably waste a lot more than that before you get moved. We nearly lost £1k in surveys and search fees after our buyer pulled out as the people we were buying from couldn't wait. Fortunately we got another buyer pretty quick so back on track. We've also spent £250 getting a damp and timber survey on our own house to show we don't have a problem due to the first buyers surveyor making some dubious comments in his report.1 -
Bigphil1474 said:So you're due that money back if she hasn't done it.
I think best you can do is ask for a breakdown of the costs and pay what they can justify. To be honest, you'll probably waste a lot more than that before you get moved. We nearly lost £1k in surveys and search fees after our buyer pulled out as the people we were buying from couldn't wait. Fortunately we got another buyer pretty quick so back on track. We've also spent £250 getting a damp and timber survey on our own house to show we don't have a problem due to the first buyers surveyor making some dubious comments in his report.0 -
pinkshoes said:Selphie1UK said:Ok so another thing came to light yesterday, when the EA came to sign contracts we had to pay an anti laundering fee of £60, she said she needed this upfront has she couldn't place the house on the market until this was done, so I asked her yesterday for the invoice for this hasnits been over 2 weeks and she said she couldn't do it because we didn't give her the correct identity proof, we gave her a bank statement, passports and a utility bill, I believe she never actually intended to do it!
What identify and proof did she ask for? EAs have to have an AML policy as they can't sell properties until they can do background checks and financial checks on people.0
The bottom line is that you made a mistake by choosing to list your house with an EA without doing your own due diligence checks to see that they use Rightmove to list their properties.
You are requesting to cancel after 13 days so a fee is absolutely due. I would offer them the £495, less say £60 for the 2 hours you have spent going back and forth trying to get them to correct their mistakes.
Of course you don't have to pay them, but you have signed a contract, so they will just send you a letter before action, take you to court if you still refuse to pay, then they'll get their money and you'll also end up paying court fees.
Are you in a hurry to sell? If you don't want to pay their fee, then you'll just have to stick with them, and get on their case EVERY DAY making sure the advert is correct and that they're making the effort to let people know it's for sale.0 -
Selphie1UK said:bobster2 said:Selphie1UK said:bobster2 said:How much is your house on the market for? And was their full fee going to be when sold? E.g. 1%? Or a fixed amount?So their expected fee would have been £3420 and they want £495 for the work done so far - e.g. photos and marketing. That sounds quite reasonable to me.
An EA raking photos on the valuation sounds amateurish. Not being able to measure room is negligent.
1.2 percent with or without VAT is a fairly standard fee so for the standard of service they are providing, they are not good value.
I had a similar valued properly listed accurately on all three sites with virtual tour for 1 percent plus VAT. And that's in the SE."Real knowledge is to know the extent of one's ignorance" - Confucius0 -
ognum said:Selling is about price. I have justbsold two properties at asking price. The price we asked for didn't gouge the market and took into account the work needed or done. One a family house that needs work has completed the other a small flat is progressing. Both had the standard 10 viewers, both SSC within 20 days.
Get the price right it will sell.0 -
Our local agent who is by far the biggest player in our city, does not use Rightmove. They list with ‘Onthemarket’ and ‘zoopla’ and have their own searchable webpage. Their property seems to shift whilst Rightmove for our area is quite static.0
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Our EA did this, its sneaky but little you can do, stop stressing about it - it is what it is.
What we did to get around it though was email them and say we'd decided we wanted an extra 100k for the house. They were saying they were "bound" by the contract so couldn't alter it - I said no, you don't WANT to alter it, which is fine - but that is your choice - my choice is to increase the price by 100k, waste your time (and mine) and see out that contract knowing its got a 100% chance of NOT selling, and then go with a competitor - or you can make the changes we asked for".
They made the changes.3
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