Offer on a house already sold?

[mcg_]

There's a house that came up on rightmove. It came on as sold, no plan and one picture.

It's the sort of house we would like to move to, and it's a rare house. Assuming it needs a lot of work, but at the price it's come on at that would be fine.

I've emailed the estate agent today asking about it, and stated that assuming it's sold for somewhere around the price on rightmove, we would be willing to pay more (I mentioned 15k).

He came back and said it's a cash buyer which is very attractive to the seller, he will keep me in mind, but doesn't see any problems with the sale.

So basically he's sold it to his mate for cheap.

Anything I can do? it's been sold for about a week.

Maybe the seller doesn't care about the money and just wants it gone, or maybe they're not aware they probably being shafted.

[mcg_]

Ok, in my head

Someone elderly has died in it and the estate is being sold. There is no chain.

Estate agent has been round, undervalued it (significantly IMO), sold it to his mate for cash (it is a cash sale he's already said) before it hits the market.

I can't imagine the estate agent is being completely ethical, so why should I be?

[mcg_]

fat80b said:

Do you think the agent put your offer forward to the seller ?

I’d be tempted to do some digging, find the owner and contact them directly - you’ve got nothing to lose at this point

I very much doubt it.

I may better a letter through their door.

If the seller doesn't want to consider my offer, that's fine.

[mcg_]

Dave_ST220 said:

Look for another house. Why do you think the seller has been shafted?

Because I think it's worth about 30% more than it's sold for.

[mcg_]

AndStilliRise said:

There are other houses man. Move on.

There are, but what I like is rare.

[mcg_]

psi310398 said:

mcg_ said:

Because I think it's worth about 30% more than it's sold for.

Sorry, but how do you know what it sold for? And on what terms?

Do you have idea of what houses are worth within your area?

You don't need to be an estate agent to know the rough value of a house if you have the area very well researched.

Edit: haven't really answered your post.

I'm assuming it's sold for around what it went on rightmove for, as it went on as sold. Terms, what do you mean terms? It's a cash sale.

Edited by mcg_ on Friday 1st December 12:04

[mcg_]

Mark-C said:

mcg_ said:

Dave_ST220 said:

Look for another house. Why do you think the seller has been shafted?

Because I think it's worth about 30% more than it's sold for.

So what are the numbers? You say it's worth 30% more but have suggested paying an extra £15k which is unlikely to be 30% more unless the house has sold for £50k.

Can I surmise from this that you are also trying to shaft the seller?

Am I trying to shaft the seller? Well when you put it like that, maybe slightly less so than the EA.

I would be willing to pay a fair price for the house. Which I'm assuming the seller isn't getting at the moment.

[mcg_]

I tell you what, lets not bother with this. It's not gone the way I was hoping, but I guess that's the internet and forums for you.

We'll only go round in circles.

[mcg_]

All

As said, I'm not going to knock this thread on the head, not worth the time with some of these replies. Some have been good though.

I may put a letter through the door this weekend, nothing to lose.

If there're any updates ever, I'll let you know.

[mcg_]

Quite entertaining this read.

Perhaps if estate agents were honest, none of this would have ever started? But then also an ahole for wanting to gazump a sale I suppose, oh well.

Only this weekend I was round a friends very nice and incredibly rare house (Victorian, 9 bedrooms, middle of town). At one point he had an estate agent round his house, telling him in not so many words, that if he gave him 3k the house was his.

he told him to nah. thought it was lost. got a call, and 1500 later it was his.

good isn't it.

[mcg_]

Vipers said:

Good if he did, guzumping is a shocking practice.

What about taking advantage of a seller, to get a cheap house for your friend for a few quid?

[mcg_]

Jobbo said:

Have you got any evidence that the estate agent was dishonest yet? And did you make the formal offer over the weekend?

Yes his email signature title said something along the lines of "Estate Agent"

[mcg_]

Vocal Minority said:

So basically - estate agents is dishonest (again based on what evidence - aside from your insistence it is undervalued). You still made the first move on the cycle by having a weird, cryptic attempt at gazumping - which sort of implies you knew you were being dishonest. Well what if i say, maybe put in, say an extra, say £15k, say, what would you say?

Just make a damn offer if you are so convinced you are in the right.

Also, went on to tell story about mate who had an alleged estate agent demand an alleged bribe. Then rather than reporting them for this attempted extortion - your mate pays him a bribe (which you seem to be bragging about him negotiating down.....).


So I think any accusations of dishonesty from anyone at this point is the pot calling the kettle black.

You decided to play their game, you lost, now you are having a strop because you aren't getting your own way.

u ok hun?

[mcg_]

TA14 said:

Page 5 and day 5 and this hasn't been established. Is this thread just a trolling exercise?

I said on Friday that I wasn't going to update it any more....but yes I'm just trolling.