Vendor not selling??
Discussion
Can anyone tell me how much it costs to list a property on rightmove and is it just a one-off fee?
Reason I ask is earlier this year my sister put in an offer for a property she loved at 20k less than the asking price. The offer was rejected and my sister offered 10k more at which point the estate agent said the vendor had changed her mind and didn't want to sell the property because she was no longer moving to New Zealand as originally planned.
Which was fine by my sister apart from the fact that the same property still listed on rightmove and being advertised on the agent's website. Seems a bit strange that the vendor or estate agent is still paying for a listing.
My sister was a bit gutted because she hasn't seen any other house she's liked in the same area and said that she'd happily pay asking price for the property but she's getting bad vibes from the woman selling and some of the stories from the estate agent about why she's not selling.
I'm surprised that somebody in this climate is messing a serious buyer around but can accept that somebody might change their mind about moving (in which case why still list the property??). Also it look from houseprice.co.uk that the vendor will be taking a £100k loss on the property if she sells for asking price, but still, it seems a bit mystifying.
Reason I ask is earlier this year my sister put in an offer for a property she loved at 20k less than the asking price. The offer was rejected and my sister offered 10k more at which point the estate agent said the vendor had changed her mind and didn't want to sell the property because she was no longer moving to New Zealand as originally planned.
Which was fine by my sister apart from the fact that the same property still listed on rightmove and being advertised on the agent's website. Seems a bit strange that the vendor or estate agent is still paying for a listing.
My sister was a bit gutted because she hasn't seen any other house she's liked in the same area and said that she'd happily pay asking price for the property but she's getting bad vibes from the woman selling and some of the stories from the estate agent about why she's not selling.
I'm surprised that somebody in this climate is messing a serious buyer around but can accept that somebody might change their mind about moving (in which case why still list the property??). Also it look from houseprice.co.uk that the vendor will be taking a £100k loss on the property if she sells for asking price, but still, it seems a bit mystifying.
Scraggles said:
so "she'd happily pay asking price for the property" yet offered £20k less ?
It's always worth a shot offering less than asking price, you can always negotiate upwards.And the house definitely hasn't sold. My sister's offer went in back in May and even the agent seemed surprised it got rejected, the house has been on the market for 2 years.
Rightmove used to be a single service fee. It maybe that their is a withdrawal fee to pay if she formally withdraws the property and hence a game of who blinks first is in play if she really has changed her mind.
Mind you I know one agent in '91 who withdrew all the 'optimistic' priced property for the vendor - and then charged the withdrawal fee also...
Mind you I know one agent in '91 who withdrew all the 'optimistic' priced property for the vendor - and then charged the withdrawal fee also...
Rightmove charge per office per month. I am now quite a long way removed from managing our account with Rightmove but I am not aware that anything drastic has changed from that policy. I am not aware that there would be any property specific withdrawl fee.
(Rightmove aint particularly cheap, by the way, but it is a very powerful site, which makes them very powerful when it comes to contracts.)
Regarding the specific vendor - who knows what's going on there; certainly not me. There could be any number of things going on ranging from the agent being entirely truthful that they are no longer looking to sell (the agent may not wish to withdraw the ad from his and his rightmove sites for any number of reasons including wanting to artificially boost the size of his listings to impress potential buyers and sellers, or he may be holding back reducing his stock from his boss - loads of reasons) through to the vendor just not liking your sister.
HTH
(Rightmove aint particularly cheap, by the way, but it is a very powerful site, which makes them very powerful when it comes to contracts.)
Regarding the specific vendor - who knows what's going on there; certainly not me. There could be any number of things going on ranging from the agent being entirely truthful that they are no longer looking to sell (the agent may not wish to withdraw the ad from his and his rightmove sites for any number of reasons including wanting to artificially boost the size of his listings to impress potential buyers and sellers, or he may be holding back reducing his stock from his boss - loads of reasons) through to the vendor just not liking your sister.
HTH
Just checked, there are the same rental properties that haven't left rightmove despite being "already taken" when we were looking 9 months ago.
Like said above agents like to boost their stock, and also to display some bait... my O/H had one agent laugh at her for asking about a house in a price range they were advertising and tell her "you won't get anything for that".
Like said above agents like to boost their stock, and also to display some bait... my O/H had one agent laugh at her for asking about a house in a price range they were advertising and tell her "you won't get anything for that".
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