Estate agent/Communication

Hoenir

Flugelhorn said:

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Estate are just advertisers, they really have no role once the details go to the solicitor - it used to annoy me when vendor's  EA contacted my solicitor and managed to scramble any story they were given. The only time EA was vaguely useful was when my buyer died and the EA got a message through to the solicitor promptly. 

In house faciiltators can be extremely usefull people. Recall one sale where the buyer became unbearably pushy.  Bordering on aggressive. Without the aid of an intermediary between us. I think I would have walked away as became simply too much endless aggravation. 

Flugelhorn

Hoenir said:

Flugelhorn said:

.

Estate are just advertisers, they really have no role once the details go to the solicitor - it used to annoy me when vendor's  EA contacted my solicitor and managed to scramble any story they were given. The only time EA was vaguely useful was when my buyer died and the EA got a message through to the solicitor promptly. 

In house faciiltators can be extremely usefull people. Recall one sale where the buyer became unbearably pushy.  Bordering on aggressive. Without the aid of an intermediary between us. I think I would have walked away as became simply too much endless aggravation. 

actually yes, good point,  there can be times when an intermediary is useful - it is constructive input. Suppose I am being grumpy about our vendor's agent that time as she wouldn't accept our downloaded bank statement  as evidence of funds, I nearly pulled the offer because of her behaviour - however our solicitor was fine with the evidence

pope

TheLastMinute said:

pope said:

Hoenir said:

There's a long long way to go yet. Never worth burning your own bridges. Over the sake of nothing. The lack of communication of what's actually going may well become even more frustrating. People are well known for being two faced and having their own agenda's. 

The fee you are paying your Estate Agent's. Doesn't cover your buyer's solicitor's valuable time. Hence why EA's won't hassle until there's a genuine need to. 

You are right there is a long time to go yet. The agent has got the true picture that they have broken the relationship based on being dishonest. God knows how many other clients they have done the same to.

I can't swith to another estate agent as it says in the contract that ounce they have introduced a buyer and a offer is accepted the fee is payable.

Estate agent has 80 Google reviews all postive and this was the reason I instructed them. I guess I will have to wait anxiously untill completion and then drop the negative 0 star review.

Based on the fact that the OP has completely ignored all the wise words posted in this thread, I'm not 100% convinced the agent is the root cause of the relationship breakdown in this case.

OP, I assume you're selling the rental property that your tenants abandoned earlier this year and is now sitting empty? If it is, I can understand why you're in a such a rush, but the reality is that there is very little/nothing either you or your estate agents can do force the transactions along faster than the buyer wants to go. At best, the continual chasing for updates will slow down the buyer's solicitor by spending time responding to emails and they'll end up simply ignoring them. At worst, the pushiness is going to ring alarm bells with the buyers and scare them away.

By the way, I assume you're aware that selling this property may generate a liability for Capital Gains Tax which you would need to declare? Also, both DWP and your local council would need to be informed for the purposes of the benefits that you've previously posted about.

Yes this is the same property which my tenants abandoned earlier this year and currently unoccupied. I am only chasing the estate agent to get my answer which is simple there is no need for the agent to lie to me which is my biggest issue as I can't stand people who try to hide the truth.

Yes I am aware of my obligation for CGT and DWP. 
Thanks

Smalltownhypocrite

pope said:

Hoenir said:

There's a long long way to go yet. Never worth burning your own bridges. Over the sake of nothing. The lack of communication of what's actually going may well become even more frustrating. People are well known for being two faced and having their own agenda's. 

The fee you are paying your Estate Agent's. Doesn't cover your buyer's solicitor's valuable time. Hence why EA's won't hassle until there's a genuine need to. 

You are right there is a long time to go yet. The agent has got the true picture that they have broken the relationship based on being dishonest. God knows how many other clients they have done the same to.

I can't swith to another estate agent as it says in the contract that ounce they have introduced a buyer and a offer is accepted the fee is payable.

Estate agent has 80 Google reviews all postive and this was the reason I instructed them. I guess I will have to wait anxiously untill completion and then drop the negative 0 star review.

I can't swith to another estate agent as it says in the contract that ounce they have introduced a buyer and a offer is accepted the fee is payable.

Well duh, of course because that was their job, what they where hired for and they have done it. What you 'expect' from them is unreasonable (as everyone has pointed out, harassing people cannot make the process any faster you just have to wait like everyone else) and not even part of an EA job.