first time buyer submiting offer, help plese!

dreamlife99

The EA is probably doing as instructed by their client the seller. The seller has probably said 'I'd really like another £1000, but if they won't increase, I'll accept their offer.' Its not trying to drag a grand out of anybody, its acting on the clients instructions. How would you feel as the seller if you had instructed the agent to try and get a better offer out of the buyer, but they hadn't bothered, therfore costing you a thousand pounds?[/quote]


well wouldnt it be better for them to say ur offer isnt accepted rather than lie about it. like i mentioned in the begining, i didnt do my research well as we just popped in to agents to register etc.. n before we knew it were putting an offer in! however the EA did mention the vendors would accept 10K below as were open to offers - i think it may have been slip of the tongue which she later regretted!

Bf109

Jorgan wrote: »

She probably has insurance, but not the correct insurance for using he car for work. She may have done you a favour, when I worked for an offshoot of one of the big insurance firms, year on year the EA division topped one of the tables maintained by the company, car crashes.

No joking though. If she hasnt got business insurance and is using her car for business purposes and she causes a crash resulting in damge, injury or death then her insurance would be void. Thats not really a laughing matter.

Jorgan_2

dreamlife99 wrote: »

The EA is probably doing as instructed by their client the seller. The seller has probably said 'I'd really like another £1000, but if they won't increase, I'll accept their offer.' Its not trying to drag a grand out of anybody, its acting on the clients instructions. How would you feel as the seller if you had instructed the agent to try and get a better offer out of the buyer, but they hadn't bothered, therfore costing you a thousand pounds?

well wouldnt it be better for them to say ur offer isnt accepted rather than lie about it. like i mentioned in the begining, i didnt do my research well as we just popped in to agents to register etc.. n before we knew it were putting an offer in! however the EA did mention the vendors would accept 10K below as were open to offers - i think it may have been slip of the tongue which she later regretted![/quote]

My post about the seller wanting a £1000 more was in reply to Nelly's post.

Without knowing the full story, no one can say if the agent has lied in your case. The property maybe a repossession, in which case it will have to be left on the market until exchange of contracts has taken place, that includes being left available on the web & no sold slip going on the board. If it isn't a repossession, the vendor may want the property to remain on the market until the sale is further advanced.


Bf109 you are correct when you say the insurance would be invalid, but if she had an accident, I would put money on her going to the shops/friends house rather than a viewing.

m00m00

Jorgan wrote: »

She probably has insurance, but not the correct insurance for using he car for work. She may have done you a favour, when I worked for an offshoot of one of the big insurance firms, year on year the EA division topped one of the tables maintained by the company, car crashes.

that wouldn't have been 'Your Move' would it ?

they topped quite a few tables when I was data analysing for their parent before they were sold off.

nelly_2

Jorgan wrote: »

The EA is probably doing as instructed by their client the seller. The seller has probably said 'I'd really like another £1000, but if they won't increase, I'll accept their offer.' Its not trying to drag a grand out of anybody, its acting on the clients instructions. How would you feel as the seller if you had instructed the agent to try and get a better offer out of the buyer, but they hadn't bothered, therfore costing you a thousand pounds?

EA's are commision based parasitic money leeches.

The only people lower down in the social order are half welsh half scouser peodophiles!

And no I dont screw everything I can out of people..... last week I (self employed plasterer) priced a job for a old penshioner couple who said as I arrived 'we love your website we basically wont you to do the job and money is no object'..

Which was basically a green lihght for me to increase my rate but I didnt cos I aint scum by coincidence earlier this evening I gave them their quote and the bloke said 'I'd have thought it'd been more than that.'

To quote Ellen Ripley from the film ALIENS reguarding the actuall aliens she said 'You dont see them screwing each other over for a percentage'

Commonsensesearcher

Jorgan wrote: »

The vendor may have instructed the EA not to accept offers below a certain figure, offers below this figure do not legally have to be passed on.

quote]

I stand corrected - here's the proof of what Jorgan is saying: http://www.naea.co.uk/pdfs/residential_codeofpractise.pdf

Also contains some other good stuff - but I reckon we'd all find it really difficult to find an EA who doesn't operate by this Code of Practice.....
...
:rolleyes:

I'd want it in writing that the seller has set a bottom price for offers, I don't trust any of the slippery bar stools...!!!

Jorgan_2

m00m00 wrote: »

that wouldn't have been 'Your Move' would it ?

Yep or Your Shut as we used to call them.

Nelly, I can see your still sat on the fence when it comes to EA's.