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Agents giving the silent treatment after giving my bid last week...

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Comments

  • ognum
    ognum Posts: 4,879 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    As a seller you have many things to consider and should have included other information with your offer.

    A seller will consider how quickly you can complete, if you are flexible with timescales if they need to be.  If you are in a chain or not.  The amount of mortgage you require or if you are a cash buyer.

    I recently sold a flat,  I choose to sell to a first time buyer rather than a buy to let landlord.  I recently sold a house and choose to sell to some ex tenants who I know really love the house and already new all its negatives but still wanted it.   I could have got a few grand more but made conscious decisions about who to sell to, its not all about the money 
  • GervisLooper
    GervisLooper Posts: 457 Forumite
    Fourth Anniversary 100 Posts Name Dropper
    ognum said:
    As a seller you have many things to consider and should have included other information with your offer.

    A seller will consider how quickly you can complete, if you are flexible with timescales if they need to be.  If you are in a chain or not.  The amount of mortgage you require or if you are a cash buyer.

    I recently sold a flat,  I choose to sell to a first time buyer rather than a buy to let landlord.  I recently sold a house and choose to sell to some ex tenants who I know really love the house and already new all its negatives but still wanted it.   I could have got a few grand more but made conscious decisions about who to sell to, its not all about the money 

    I told them at the outset I was a cashbuyer and indicated I would be keen to buy quickly.
  • GervisLooper
    GervisLooper Posts: 457 Forumite
    Fourth Anniversary 100 Posts Name Dropper
    The vendor is under no obligation to accept the highest offer.

    I never said they were. My question was what would predicate them not choosing the highest bidder.
  • WellKnownSid
    WellKnownSid Posts: 1,948 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    ognum said:
    Why can't you phone and ask?

    I'm shy on the phone.
    Then you may lose the property to another bidder who isn’t shy on the phone and can convince the EA that they are the safer bet.

    That said some decades ago a friend of mine put in a sealed bid on a small parcel of land - couldn’t agree with his wife what to bid, eventually settled on £150,000.

    Came into work miserable as sin some weeks later - he had been outbid. By £4.4 million 😄
  • tealady
    tealady Posts: 3,851 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Mortgage-free Glee!
    I once met someone who was proud to tell me they and their neighbours would never sell to a non - white person.
    I longed to win the lottery so I could buy a house in their street so I could immediately sell it to any non white person.

    Find out who you are and do that on purpose (thanks to Owain Wyn Jones quoting Dolly Parton)
  • ognum
    ognum Posts: 4,879 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    ognum said:
    As a seller you have many things to consider and should have included other information with your offer.

    A seller will consider how quickly you can complete, if you are flexible with timescales if they need to be.  If you are in a chain or not.  The amount of mortgage you require or if you are a cash buyer.

    I recently sold a flat,  I choose to sell to a first time buyer rather than a buy to let landlord.  I recently sold a house and choose to sell to some ex tenants who I know really love the house and already new all its negatives but still wanted it.   I could have got a few grand more but made conscious decisions about who to sell to, its not all about the money 

    I told them at the outset I was a cashbuyer and indicated I would be keen to buy quickly.
    Maybe they are not keen to move quickly.  Maybe they want someone who will chat on the phone.   Maybe, maybe  maybe
  • GervisLooper
    GervisLooper Posts: 457 Forumite
    Fourth Anniversary 100 Posts Name Dropper
    edited 24 June 2024 at 2:29PM
    tealady said:
    I once met someone who was proud to tell me they and their neighbours would never sell to a non - white person.
    I longed to win the lottery so I could buy a house in their street so I could immediately sell it to any non white person.


    Don't know how they would know that as they only have a couple of emails. Maybe the mrdigibuti@zimbabwe.com gave it away.

    Maybe they don't want to sell to an english person as have been bidding over the border! Cue League of Gentleman: "Are you local!!!?"
  • saajan_12
    saajan_12 Posts: 5,122 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    ognum said:
    As a seller you have many things to consider and should have included other information with your offer.

    A seller will consider how quickly you can complete, if you are flexible with timescales if they need to be.  If you are in a chain or not.  The amount of mortgage you require or if you are a cash buyer.

    I recently sold a flat,  I choose to sell to a first time buyer rather than a buy to let landlord.  I recently sold a house and choose to sell to some ex tenants who I know really love the house and already new all its negatives but still wanted it.   I could have got a few grand more but made conscious decisions about who to sell to, its not all about the money 

    I told them at the outset I was a cashbuyer and indicated I would be keen to buy quickly.
    Could be many things (noting cash buyer isn't clear whether its no mortgage or no chain or both, and in any case often indicative of an investor).. 
    * they want it to go to an owner occupier who will fall in love with the place and have some skin in the game by going through mortgage applications, so less likely to find a better deal and flake
    * they want someone with a shorter chain (if relevant based on your definition of cash buyer)
    * they have an emotional attachment and want it to go to a nice lil family
    * they have a long chain above and don't need to be rushed, in favour of holding out for a better offer
    *.. 
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