Discussion
julian64 said:
I went to look at a house recently. The estate agent turned up, and obviously couldn't get in.
Instead of admitting he'd bought the wrong keys, he told us that it wasn't worth him going back as he was already late for another appointment, the house already had an offer within 15% of the asking price so he wasn't worried if we didn't put a bid in.
I'd love to have recorded that conversation and sent it to the owners of the poor house. I bet they'd be worried about 15%
Stixk a note through their door. Its the only way the bad agents will get booted out. Instead of admitting he'd bought the wrong keys, he told us that it wasn't worth him going back as he was already late for another appointment, the house already had an offer within 15% of the asking price so he wasn't worried if we didn't put a bid in.
I'd love to have recorded that conversation and sent it to the owners of the poor house. I bet they'd be worried about 15%
I have had agents refuse to show me a property before now - we went for a drive past and the owners were outside - we mentioned this and they gave us a viewing and changed agents.
The agents were not keen on us viewing our vurrent property - as they said it had 100 viewings in 2 weeks - it was clearly going to be competitive - surely we wanted to see something else. They tried to dissuade us from putting further bids in - there were 11 bidders. when it got down to 2 parties - we figure that they told the other party who we were - it became obvious as they told us on our final bid that the other party were shocked as they knew we couldn't afford that much and the agents had been warned not to trust us bid. The owner had met us - accepted our bid. It was only after we moved in - the tennants popped round to show us where one of the meters was - they said oh we were told it was a couple from X village that had bought it - we thought they meant family X - yes our previous neighbours but one. The stupid thing was we were upgrading 2 steps up the ladder - they clearly thought as we hadn't sold our house we couldn't afford the other one - probably beacuse they lived in a massive house and we didn't
The agents were not keen on us viewing our vurrent property - as they said it had 100 viewings in 2 weeks - it was clearly going to be competitive - surely we wanted to see something else. They tried to dissuade us from putting further bids in - there were 11 bidders. when it got down to 2 parties - we figure that they told the other party who we were - it became obvious as they told us on our final bid that the other party were shocked as they knew we couldn't afford that much and the agents had been warned not to trust us bid. The owner had met us - accepted our bid. It was only after we moved in - the tennants popped round to show us where one of the meters was - they said oh we were told it was a couple from X village that had bought it - we thought they meant family X - yes our previous neighbours but one. The stupid thing was we were upgrading 2 steps up the ladder - they clearly thought as we hadn't sold our house we couldn't afford the other one - probably beacuse they lived in a massive house and we didn't
hornetrider said:
911motorsport said:
What is the average sole agency fee? is 1.75% reasonable?
f
k no. 1% in this market, shirleyte agents that will give you under 1% will probably end up in your house rotting on the market as they can't get it out there, and don't have the customer base to sell it fast.I would happily pay more to get it sold quicker at closer to the desired price.
hornetrider said:
911motorsport said:
What is the average sole agency fee? is 1.75% reasonable?
fk no. 1% in this market, shirley
Jasandjules said:
scotal said:
Stixk a note through their door. Its the only way the bad agents will get booted out.
I've got to say that was my first thought as well, but then I was thinking I'd be inclined to pop round there of an evening and politely knock at the door and tell them what happened.okgo said:
hornetrider said:
911motorsport said:
What is the average sole agency fee? is 1.75% reasonable?
fk no. 1% in this market, shirleyte agents that will give you under 1% will probably end up in your house rotting on the market as they can't get it out there, and don't have the customer base to sell it fast.I would happily pay more to get it sold quicker at closer to the desired price.
As long as the house is on rightmove then if you are a canny seller (it's 'up together' and the photos are good) then the house should sell itself. I fail to see what value any EA adds, except to put your house on rightmove.
michaeljclark said:
hornetrider said:
911motorsport said:
What is the average sole agency fee? is 1.75% reasonable?
fk no. 1% in this market, shirley
hornetrider said:
okgo said:
hornetrider said:
911motorsport said:
What is the average sole agency fee? is 1.75% reasonable?
fk no. 1% in this market, shirleyte agents that will give you under 1% will probably end up in your house rotting on the market as they can't get it out there, and don't have the customer base to sell it fast.I would happily pay more to get it sold quicker at closer to the desired price.
As long as the house is on rightmove then if you are a canny seller (it's 'up together' and the photos are good) then the house should sell itself. I fail to see what value any EA adds, except to put your house on rightmove.
scotal said:
michaeljclark said:
hornetrider said:
911motorsport said:
What is the average sole agency fee? is 1.75% reasonable?
fk no. 1% in this market, shirleyThen to £150,000
Now at Offers over £145,000
I'd probably take £142,000 providing that the other place was still available, but as no-one seems to be interested......
I had a couple who put an offer in (which I accepted) who had a mortgage (for a more expensive property) approved, accept that when they went to the mortgage company (and this is according to the estate agent) the mortgage was then declined. Which was rather gutting as they viewed on the Monday, we haggled Tuesday-Wednesday and I accepted their offer on Thurday - I thought I was on for a winner.
Edited by michaeljclark on Monday 23 March 16:07
In answer to the OP:
I employed an Estate Agent a couple of weeks back on a Monday, having used the agency before and been pleased with the service. Long story short:
Photos were poor and wording inaccurate. They started marketing on their website immediately (and not after I'd approved the pics/words as promised).
Called them that evening (monday): No problem, we'll remove it now and redo the pics/words.
Still there Tuesday, called again, same story.
Still there and on Rightmove wednesday, same story.
Same on thursday, so I sacked them.
Went in to see them on Saturday and they have an advert showing my property as sold!!! Hit to roof, got them to remove that ad there and then, and the and from their website. Also got them to shred the original contract, which they sheepishly agreed to no problem.
So, in short, demand the contract back so they can't claim any commission and go with another agent (or go it alone)
I employed an Estate Agent a couple of weeks back on a Monday, having used the agency before and been pleased with the service. Long story short:
Photos were poor and wording inaccurate. They started marketing on their website immediately (and not after I'd approved the pics/words as promised).
Called them that evening (monday): No problem, we'll remove it now and redo the pics/words.
Still there Tuesday, called again, same story.
Still there and on Rightmove wednesday, same story.
Same on thursday, so I sacked them.
Went in to see them on Saturday and they have an advert showing my property as sold!!! Hit to roof, got them to remove that ad there and then, and the and from their website. Also got them to shred the original contract, which they sheepishly agreed to no problem.
So, in short, demand the contract back so they can't claim any commission and go with another agent (or go it alone)
michaeljclark said:
scotal said:
michaeljclark said:
hornetrider said:
911motorsport said:
What is the average sole agency fee? is 1.75% reasonable?
fk no. 1% in this market, shirleyThen to £150,000
Now at Offers over £145,000
I'd probably take £142,000 providing that the other place was still available, but as no-one seems to be interested......
I had a couple who put an offer in (which I accepted) who had a mortgage (for a more expensive property) approved, accept that when they went to the mortgage company (and this is according to the estate agent) the mortgage was then declined. Which was rather gutting as they viewed on the Monday, we haggled Tuesday-Wednesday and I accepted their offer on Thurday - I thought I was on for a winner.
Edited by michaeljclark on Monday 23 March 16:07
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