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EA Tricks - even in hard times

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Comments

  • RHemmings
    RHemmings Posts: 4,895 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Today I have received a call from a EA after their vendor has now decided to accept a offer I put to them about 2 weeks ago, which they originally declined and they now accepted despite knowing I have since bought somewhere else and am about (if not have already had) the survey done.
    The vendors were dithering over offers for a couple of weeks before too despite having no interest in there property for over 7 months.

    I think there's a fair chance that this vendor will deeply regret not taking your offer when it was made. They dithered, and they may well pay a big price for it.
  • apuleius
    apuleius Posts: 95 Forumite
    Spoke finally to the EA today. Seems someone put in a 'significantly higher' bid than ours. I guess he was using our offer as leverage to raise the other offer. Explains why in the space of 48hrs he turned from Mr Nasty to Mr Nice! I'm probably looking to achieve too high a discount from the asking price, but honestly feel that 10% off,even in London is a reasonable expectation. Any comments?
  • chickmug
    chickmug Posts: 3,279 Forumite
    apuleius wrote: »
    Any comments?

    You need to get over it and move on.
    A retired senior partner, in own agency, with 40 years experience in property sales & new build. In latter part of career specialising in commercial - mostly business sales.
  • Doozergirl
    Doozergirl Posts: 34,082 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    apuleius wrote: »
    Spoke finally to the EA today. Seems someone put in a 'significantly higher' bid than ours. I guess he was using our offer as leverage to raise the other offer. Explains why in the space of 48hrs he turned from Mr Nasty to Mr Nice! I'm probably looking to achieve too high a discount from the asking price, but honestly feel that 10% off,even in London is a reasonable expectation. Any comments?

    Vendors won't just give in like that. If you want 10% off then you can't expect to get property number 1. You have to try. try, try and try again. Head has to rule heart and you keep moving on.

    Some people are very blase about the sort of price you should acheive but it isn't that easy in reality. The rest of the country is not an amplification of this board. Keep going. Enter into dialogue, draw a vendor in or just go to auction. It's so much easier.
    Everything that is supposed to be in heaven is already here on earth.
  • SquatNow
    SquatNow Posts: 2,285 Forumite
    I'm so tempted to get some "50% of marked prices" banners printed up and stick then on EAs front windows.

    Would only take a few minutes.

    An a minute os so extra to varnish over them.
    Bankruptcy isn't the worst that can happen to you. The worst that can happen is your forced to live the rest of your life in abject poverty trying to repay the debts.
  • chickmug
    chickmug Posts: 3,279 Forumite
    SquatNow wrote: »
    I'm so tempted to get some "50% of marked prices" banners printed up and stick then on EAs front windows.

    But why?
    All EA's?
    All parts of the country?
    A retired senior partner, in own agency, with 40 years experience in property sales & new build. In latter part of career specialising in commercial - mostly business sales.
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