Ask an estate agent anything
Discussion
miles out!swanseaboydan said:
I was an estate agent for 5 years - never again, the general public are a nightmare to deal with, everyone thinks their house is worth more than it is . . It really is one of the toughest jobs in the uk.
Likewise, I was a residential agent for 2 years and then did commercial agency on and off for about 10 years. I now do commercial valuation with a bit of large residential thrown in.I wanted to enjoy resi agency but got to the point where I had enough of people treating me like s
t just because they thought they were better than you and an estate agent was a crap job. The worst by far were those moving up from London. Many people grumble about agents, some rightfully so, but fail to recognise that if you treat someone like a t
t then don't be surprised if they don't jump through hoops for you. Commercial was much better, a lot more honest and direct from both sides which made things move a lot more smoothly.What is you viewpoint on this exchange?
I'm interested in a property, rang the agent yesterday - who says it's got a short term tenant in....will vacate August.
I say, well I'll wait until the tenant has left then, as it's not guaranteed that the place will be empty then or the property will be in the same order as the website pictures suggest. Website images are of an empty property...which as it is supposedly now occupied can't be up to date.
Today, I receive an email saying the property is sold stc, but is still showing as available on Rightmove.
What is likely to be happening here? and should I be reporting this suspected dodgy EA to someone?
condor said:
What is you viewpoint on this exchange?
I'm interested in a property, rang the agent yesterday - who says it's got a short term tenant in....will vacate August.
I say, well I'll wait until the tenant has left then, as it's not guaranteed that the place will be empty then or the property will be in the same order as the website pictures suggest. Website images are of an empty property...which as it is supposedly now occupied can't be up to date.
Today, I receive an email saying the property is sold stc, but is still showing as available on Rightmove.
What is likely to be happening here? and should I be reporting this suspected dodgy EA to someone?
Someone else is happy to take it rather than wait, so you lost out. On the information given I don't see a problem.I'm interested in a property, rang the agent yesterday - who says it's got a short term tenant in....will vacate August.
I say, well I'll wait until the tenant has left then, as it's not guaranteed that the place will be empty then or the property will be in the same order as the website pictures suggest. Website images are of an empty property...which as it is supposedly now occupied can't be up to date.
Today, I receive an email saying the property is sold stc, but is still showing as available on Rightmove.
What is likely to be happening here? and should I be reporting this suspected dodgy EA to someone?
condor said:
This property has been on the market for nearly 6 months and still advertised for sale - if it has been sold stc I'd be surprised with a sitting tenant. All the Rightmove pictures are of an empty property
Maybe it was listed, didn't sell so was rented out. Then another Landlord has bought it with a sitting tennant and saved himself the bother of advertising it.condor said:
This property has been on the market for nearly 6 months and still advertised for sale - if it has been sold stc I'd be surprised with a sitting tenant. All the Rightmove pictures are of an empty property
Some Landlords are prepared in invest in a tennanted property. Some people are prepared to make an offer on a property with an unclear date for exchange of contracts. Your lender may not allow exchange of contracts if the tenant hasn't moved out.
Ok, here we go.
I'm sold STC dealing with an EA who has been superb.Polite,no pulling wool over eyes,not thinking he's the mutts nuts and I wish I could buy through him because I trust him. However the shower of ste that are the big agents in the area I'm looking to buy are the reason that EA's get a bad name.
I'll leave the returned calls, lack of info and general rudeness as if they're doing you a favour attitude aside and ask this...
The agent who sells in the area I'm looking to buy has a policy of showing people who have allegedly sold through them all the properties first before they are marketed,and thus in this heated market they sell before they are on RM/ OTM/Zoopla etc.They are not then marked as sold either, so when you ring up and are told " it's already sold" it creates the impression that it was for sale for less than 24 hours.This stinks of trying for easy commission rather than getting the best price for his client,as the seller isn't getting all interested parties through the door who may be prepared to offer more/ be in a better position etc.
For example, the EA that I'm selling through told me of a place coming on the market, and sent me the details the day before it was due to go live so I could be booked in. There was two offers on the day, 8 offers after 3 days on the market this BH weekend, and it has sold over asking to a cash in bank buyer who hadn't sold through him.The EA did the majority of the viewing himself ( even on the BH) and got an amazing price for the seller so a great result for the pair of them...surely that's the correct and above board way of doing things?
I'm sold STC dealing with an EA who has been superb.Polite,no pulling wool over eyes,not thinking he's the mutts nuts and I wish I could buy through him because I trust him. However the shower of s
te that are the big agents in the area I'm looking to buy are the reason that EA's get a bad name.I'll leave the returned calls, lack of info and general rudeness as if they're doing you a favour attitude aside and ask this...
The agent who sells in the area I'm looking to buy has a policy of showing people who have allegedly sold through them all the properties first before they are marketed,and thus in this heated market they sell before they are on RM/ OTM/Zoopla etc.They are not then marked as sold either, so when you ring up and are told " it's already sold" it creates the impression that it was for sale for less than 24 hours.This stinks of trying for easy commission rather than getting the best price for his client,as the seller isn't getting all interested parties through the door who may be prepared to offer more/ be in a better position etc.
For example, the EA that I'm selling through told me of a place coming on the market, and sent me the details the day before it was due to go live so I could be booked in. There was two offers on the day, 8 offers after 3 days on the market this BH weekend, and it has sold over asking to a cash in bank buyer who hadn't sold through him.The EA did the majority of the viewing himself ( even on the BH) and got an amazing price for the seller so a great result for the pair of them...surely that's the correct and above board way of doing things?
And what you've described is the reservation I have over the sale of my wife's parents house.
Brother (the executor) rings us up on the Friday to say, that he is going to get the house on the market as soon as possible. This is an emotional kick inn the face for my wife. And forces her and her sister to have to go and move lots of stuff to make it ready for viewing. (Brother would just put it all in a skip if he were allowed it seems)
They spend the whole weekend making it ready, because they believe you have a 3 week window. If it's not right on day one, if you get the price wrong, people see it hanging around. Etc.
I digress.
Exactly a week later brother phones to say he's had an offer. A board hasn't been put up and it's not even on Right move.
And the offer isn't too shabby to be honest. But it's with someone who has sold with that agent and their buyer is probably getting impatient because the house they were going to buy fell through. So it's been a few weeks.
So only one viewer. And the offer is based on taking it off the market.
I kept quiet. It's not my place to say. My wife doesn't need extra stress, but if i was the executor, i would probably say, well maybe, but we have other viewers in the next 10 days and it's only fair that they get to see it first. Not because I'd want more money, but more because I have an obligation to get the best price, and if these people want it, then they will have to be patient.
Brother (the executor) rings us up on the Friday to say, that he is going to get the house on the market as soon as possible. This is an emotional kick inn the face for my wife. And forces her and her sister to have to go and move lots of stuff to make it ready for viewing. (Brother would just put it all in a skip if he were allowed it seems)
They spend the whole weekend making it ready, because they believe you have a 3 week window. If it's not right on day one, if you get the price wrong, people see it hanging around. Etc.
I digress.
Exactly a week later brother phones to say he's had an offer. A board hasn't been put up and it's not even on Right move.
And the offer isn't too shabby to be honest. But it's with someone who has sold with that agent and their buyer is probably getting impatient because the house they were going to buy fell through. So it's been a few weeks.
So only one viewer. And the offer is based on taking it off the market.
I kept quiet. It's not my place to say. My wife doesn't need extra stress, but if i was the executor, i would probably say, well maybe, but we have other viewers in the next 10 days and it's only fair that they get to see it first. Not because I'd want more money, but more because I have an obligation to get the best price, and if these people want it, then they will have to be patient.
Still hoping that our 'ask an EA anything' is still reading - and might reply.
Do EA's get a monetary amount for how many viewings they achieve? The same EA that I mentioned earlier has rung me again asking me to view a property close by, which I've agreed to.
I'm still interested in the bungalow that's got the tenant in, which is why I've agreed - so thought a face to face meeting would be best to see how he is in person. I've only got his spiel on the property I'm to view - it's not on Rm or other sites.
Do EA's get a monetary amount for how many viewings they achieve? The same EA that I mentioned earlier has rung me again asking me to view a property close by, which I've agreed to.
I'm still interested in the bungalow that's got the tenant in, which is why I've agreed - so thought a face to face meeting would be best to see how he is in person. I've only got his spiel on the property I'm to view - it's not on Rm or other sites.
condor said:
Still hoping that our 'ask an EA anything' is still reading - and might reply.
Do EA's get a monetary amount for how many viewings they achieve? The same EA that I mentioned earlier has rung me again asking me to view a property close by, which I've agreed to.
I'm still interested in the bungalow that's got the tenant in, which is why I've agreed - so thought a face to face meeting would be best to see how he is in person. I've only got his spiel on the property I'm to view - it's not on Rm or other sites.
no, you get no money for viewings, you only get paid for success. Do EA's get a monetary amount for how many viewings they achieve? The same EA that I mentioned earlier has rung me again asking me to view a property close by, which I've agreed to.
I'm still interested in the bungalow that's got the tenant in, which is why I've agreed - so thought a face to face meeting would be best to see how he is in person. I've only got his spiel on the property I'm to view - it's not on Rm or other sites.
Purplebricks not done too well for their shareholders...
https://www.estateagenttoday.co.uk/breaking-news/2...
https://www.estateagenttoday.co.uk/breaking-news/2...
condor said:
What is you viewpoint on this exchange?
I'm interested in a property, rang the agent yesterday - who says it's got a short term tenant in....will vacate August.
I say, well I'll wait until the tenant has left then, as it's not guaranteed that the place will be empty then or the property will be in the same order as the website pictures suggest. Website images are of an empty property...which as it is supposedly now occupied can't be up to date.
Today, I receive an email saying the property is sold stc, but is still showing as available on Rightmove.
What is likely to be happening here? and should I be reporting this suspected dodgy EA to someone?
Having bought and sold a couple of properties recently, I would moot that August is the earliest you are likely to get the keys; even if you had agreed the sale yesterday...I'm interested in a property, rang the agent yesterday - who says it's got a short term tenant in....will vacate August.
I say, well I'll wait until the tenant has left then, as it's not guaranteed that the place will be empty then or the property will be in the same order as the website pictures suggest. Website images are of an empty property...which as it is supposedly now occupied can't be up to date.
Today, I receive an email saying the property is sold stc, but is still showing as available on Rightmove.
What is likely to be happening here? and should I be reporting this suspected dodgy EA to someone?
GasEngineer said:
condor said:
What is you viewpoint on this exchange?
I'm interested in a property, rang the agent yesterday - who says it's got a short term tenant in....will vacate August.
I say, well I'll wait until the tenant has left then, as it's not guaranteed that the place will be empty then or the property will be in the same order as the website pictures suggest. Website images are of an empty property...which as it is supposedly now occupied can't be up to date.
Today, I receive an email saying the property is sold stc, but is still showing as available on Rightmove.
What is likely to be happening here? and should I be reporting this suspected dodgy EA to someone?
Having bought and sold a couple of properties recently, I would moot that August is the earliest you are likely to get the keys; even if you had agreed the sale yesterday...I'm interested in a property, rang the agent yesterday - who says it's got a short term tenant in....will vacate August.
I say, well I'll wait until the tenant has left then, as it's not guaranteed that the place will be empty then or the property will be in the same order as the website pictures suggest. Website images are of an empty property...which as it is supposedly now occupied can't be up to date.
Today, I receive an email saying the property is sold stc, but is still showing as available on Rightmove.
What is likely to be happening here? and should I be reporting this suspected dodgy EA to someone?
Question for the Estate Agent, ignoring that the office junior probably uploaded it to Rightmove on his way home on the bus, and didn't load the pictures or floor plan, how would you approach the potential 3 or 4 bed from a 2 bed with careful positioning of stud walls and appropriate doors.
https://www.rightmove.co.uk/properties/134969339?u...
Brochure link below.
https://media.rightmove.co.uk/16k/15812/134969339/...
https://www.rightmove.co.uk/properties/134969339?u...
Brochure link below.
https://media.rightmove.co.uk/16k/15812/134969339/...
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