Estate agent taking the Michael.. Any agents able to advise?
Discussion
Agent may know the seller and buyer independently , maybe they will get a drink , we used to call it " supplementary benefits " but regardless , the agent will look for the easiest sale to get their fees quickly , they work for themselves before anyone else , it's common business sense . Any agent I've ever dealt with just wants the fees in and move to the next deal , they wouldn't be in business otherwise .
Maybe the buyer has a tame solicitor that gets the job done quickly and doesn't muck about asking to many questions trying to justify their fees , mine was exactly like this before he retired , he was also a good mate and understood why I didn't need a survey if I had the cleared funds available , he also knew once I'd committed with an offer that was it , no messing about lowering it at the last minute .
There's a lot to be said for an easy and quick sale and that's what I'm guessing that's what happened in the original posters case .
Maybe the buyer has a tame solicitor that gets the job done quickly and doesn't muck about asking to many questions trying to justify their fees , mine was exactly like this before he retired , he was also a good mate and understood why I didn't need a survey if I had the cleared funds available , he also knew once I'd committed with an offer that was it , no messing about lowering it at the last minute .
There's a lot to be said for an easy and quick sale and that's what I'm guessing that's what happened in the original posters case .
Henners said:
Much easier with an online agent... Vendor gets a text about the viewing - accepts if the time fits (lets face it, they want to sell the place), I get reply confirmation. Done.
We viewed a property twice, over a weekend.
Offered the next day.
Bosh.
bosh schum schum wallop , dosh , let's do up the house , sorry , it was on a " remember the 80s " show the other week We viewed a property twice, over a weekend.
Offered the next day.
Bosh.
paulwirral said:
Henners said:
Much easier with an online agent... Vendor gets a text about the viewing - accepts if the time fits (lets face it, they want to sell the place), I get reply confirmation. Done.
We viewed a property twice, over a weekend.
Offered the next day.
Bosh.
bosh schum schum wallop , dosh , let's do up the house , sorry , it was on a " remember the 80s " show the other week We viewed a property twice, over a weekend.
Offered the next day.
Bosh.
rah1888 said:
kurt535 said:
Its more the way theEA has behaved; dutifully accept and get given a viewing time then, day before get call that its sold to another person without as much as a sniff.
Clearly they have their A and B list of people but nonetheless it annoyed me!
Another estate agent here.Clearly they have their A and B list of people but nonetheless it annoyed me!
It's a tricky situation to fully explain, and one where none of us have all the facts. Ultimately the EA works for the seller, and they call the shots. Seller could have received a very good offer, from a buyer in a good position, that they were happy with. However, it's unusual to not let planned viewings go ahead.
It may have been dodgy, although in my 20years experience it would be highly unusual, or it may just be the EA following their client's instructions.
tting when I stuck them in a corner and fierced them up on their malpractice. The industry is plagued by sharp practiced, cheap shiny suit wearing, pointy toe shoe wearing kids. I feel for any EA who looks to ply their trade by just being good at their job and professional with it.
Not sure that the EA helping sell before it's even marketed is a sign of a bung.
I bought our home that way. Vendor got a price he was happy with with no faffing about. EA got a cut without even having to take a photo.
EA knew I was serious and in a good position to proceed immediately. No cash changed hands.
Could the vendor have done the whole viewing thing and got more? Probably. Thing is, even 20k is not huge for him, and his time / void time on the house were worth more. WBAC / dealerships work on this principle for cars worth more than my house, not sure why people assume EA's are all crooks.
I bought our home that way. Vendor got a price he was happy with with no faffing about. EA got a cut without even having to take a photo.
EA knew I was serious and in a good position to proceed immediately. No cash changed hands.
Could the vendor have done the whole viewing thing and got more? Probably. Thing is, even 20k is not huge for him, and his time / void time on the house were worth more. WBAC / dealerships work on this principle for cars worth more than my house, not sure why people assume EA's are all crooks.
kurt535 said:
LFB531 said:
And for what it's worth, I don't think it's arrogant to invite someone to rise a little earlier, if I was on a mission to buy my dream home be it £50k or £5m, I'd be there as the doors opened.
I'm sorry but that is a pretty obnoxious thing to say to a person opening their wallet. it sends out a lot of wrong signals.Some Gump said:
Not sure that the EA helping sell before it's even marketed is a sign of a bung.
I bought our home that way. Vendor got a price he was happy with with no faffing about. EA got a cut without even having to take a photo.
EA knew I was serious and in a good position to proceed immediately. No cash changed hands.
Could the vendor have done the whole viewing thing and got more? Probably. Thing is, even 20k is not huge for him, and his time / void time on the house were worth more. WBAC / dealerships work on this principle for cars worth more than my house, not sure why people assume EA's are all crooks.
I've sold a few times like this , re furbished the house , agent round. , we both know what it's worth , sold without the board going up , I'm paid , the agent is paid as well as well as everyone else in the line .I bought our home that way. Vendor got a price he was happy with with no faffing about. EA got a cut without even having to take a photo.
EA knew I was serious and in a good position to proceed immediately. No cash changed hands.
Could the vendor have done the whole viewing thing and got more? Probably. Thing is, even 20k is not huge for him, and his time / void time on the house were worth more. WBAC / dealerships work on this principle for cars worth more than my house, not sure why people assume EA's are all crooks.
I
Some Gump said:
not sure why people assume EA's are all crooks.
I think people just get pissed off with the fannying about and then stuff like this just lights the touchpaper. Buyers/Sellers are a lot more emotionally involved anyway so probably more sensitive to cock ups than they would be in another situation where the stakes are lower. E.G. This has happened to me in the last week; I've got a builder coming into a prospective purchase to give estimates.
Passed my builders details on to the EA so she could arrange a mutually suitable time between him, her, vendor to inspect the place.
Time agreed, she asked do I want to arrange the woodworm man to come in around the same time.
I contact woodworm man who kindly reshuffles his morning to suit our times.
Two days later she says "I've just contacted the vendor and he isn't available then, can you change all the appointments"
Boils my piss no end.
Why the fook does she think I asked her to arrange the time in the first place?
EireEng said:
Some Gump said:
not sure why people assume EA's are all crooks.
I think people just get pissed off with the fannying about and then stuff like this just lights the touchpaper. Buyers/Sellers are a lot more emotionally involved anyway so probably more sensitive to cock ups than they would be in another situation where the stakes are lower. E.G. This has happened to me in the last week; I've got a builder coming into a prospective purchase to give estimates.
Passed my builders details on to the EA so she could arrange a mutually suitable time between him, her, vendor to inspect the place.
Time agreed, she asked do I want to arrange the woodworm man to come in around the same time.
I contact woodworm man who kindly reshuffles his morning to suit our times.
Two days later she says "I've just contacted the vendor and he isn't available then, can you change all the appointments"
Boils my piss no end.
Why the fook does she think I asked her to arrange the time in the first place?
Sounds like the vendor is being awkward.
don't ever move to Toronto, buying any kind of house here has turned into an auction style ordeal where the initial asking price is a mere starting point, you may be told offers will only be reviewed on a certain date, only to then find the property is no longer for sale on that date as the sellers accepted a preemptory 'bully' offer. Quite often you find on offer night that you are sent back to re think (ie up) your bid as the sellers are not happy with the level of offers they got.My wife and I lost 4 rounds of these shenanigans before finally 'winning' our present house, for which the starting price was 699k, but we ended up paying 780k!
Agents(of which we have 40,000!) have to represent buyers and sellers, yet seemingly don't actually act in their clients interests, quite often doing the bare minimum in a fast rising market with finite supply and increasing population.
This guy writes some good stuff...
http://www.torontorealtyblog.com
Agents(of which we have 40,000!) have to represent buyers and sellers, yet seemingly don't actually act in their clients interests, quite often doing the bare minimum in a fast rising market with finite supply and increasing population.
This guy writes some good stuff...
http://www.torontorealtyblog.com
Edited by wibble cb on Saturday 4th March 16:50
wibble cb said:
don't ever move to Toronto, buying any kind of house here has turned into an auction style ordeal where the initial asking price is a mere starting point, you may be told offers will only be reviewed on a certain date, only to then find the property is no longer for sale on that date as the sellers accepted a preemptory 'bully' offer. Quite often you find on offer night that you are sent back to re think (ie up) your bid as the sellers are not happy with the level of offers they got.My wife and I lost 4 rounds of these shenanigans before finally 'winning' our present house, for which the starting price was 699k, but we ended up paying 780k!
Agents(of which we have 40,000!) have to represent buyers and sellers, yet seemingly don't actually act in their clients interests, quite often doing the bare minimum in a fast rising market with finite supply and increasing population.
Some elements sound familiar Agents(of which we have 40,000!) have to represent buyers and sellers, yet seemingly don't actually act in their clients interests, quite often doing the bare minimum in a fast rising market with finite supply and increasing population.
Edited by wibble cb on Saturday 4th March 16:50
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