Actually, I really, really shouldn't be smug, because I haven't exchanged contracts on the place I'm selling yet. It could be bad karma to enjoy my revenge too much just now.
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Gazumped!
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Originally posted by dang65 View PostSo true. I have to admit that I'm a bit torn. The other place we've had an offer accepted on is really special, although it's more expensive. Perhaps a much lower price on the first house might entice me back.
an interesting story about a battle of wills or crafty financial footwork - yes. but being gazumped - i think that would sour it for me
just saying
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(>'.'<)
("")("") Born to Drink. Forced to WorkComment
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Originally posted by dang65 View PostSo true. I have to admit that I'm a bit torn. The other place we've had an offer accepted on is really special, although it's more expensive. Perhaps a much lower price on the first house might entice me back.
It's not binding and all they can do is say no.
(BTW, regardless, don't mention the other property you have offered on to the estate agent - its none of his business).Comment
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Originally posted by dang65 View PostPut in a very low offer on a house about a month ago and offer was accepted. House had been on the market for ages (it has no garage, which seems to disgust about 99% of house buyers these days). Got a call today saying we've been gazumped by someone offering 'very close to the asking price'. All I can say is, suckerrrz.
I mean, we liked the place. It has very, very nice open views across the hills. But there's no way it was worth the asking price. Except... it obviously was because someone's willing to pay it.
Still, no harm done. It had several cons which I'd started worrying about and can forget now.
Property market... booming.Comment
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Originally posted by dang65 View PostActually, I really, really shouldn't be smug, because I haven't exchanged contracts on the place I'm selling yet. It could be bad karma to enjoy my revenge too much just now.
Unless you regard flexibility as important, in which case rent for a while and see what happens.Comment
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Originally posted by conned tractor View PostI think you should just buy the house you want, bargain or not, most people stay in a place for a number of years and happiness tends to outweigh whether it was a bargain IMO.
Unless you regard flexibility as important, in which case rent for a while and see what happens....my quagmire of greed....my cesspit of laziness and unfairness....all I am doing is sticking two fingers up at nurses, doctors and other hard working employed professionals...
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Originally posted by dang65 View PostOh, at least 25k more than us. We really took the piss, to be honest.
As for revenge, our policy is just to walk away and leave it to fate and not go back. We've had this situation before and had sellers trying to get us back because the higher offer has fallen through. That's plenty schadenfreude for me, just to say, "Oh dear, what a shame, oh dear, oh dear. NO! Bye."
On the other hand feel smug about the fact that the estate agent is probably sat in his office going "Damn! Damn! Damn!" and trying to explain to his boss that he has little commission this month becuase his get rich quick scam went belly up, and you have a nice house in the pipeline.
Price and Value as Dimprawn said. You've got to live there and a reduced price doesn't make it a home.Last edited by Scrag Meister; 23 March 2011, 08:54.Never has a man been heard to say on his death bed that he wishes he'd spent more time in the office.Comment
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Originally posted by Scrag Meister View PostOn the other hand feel smug about the fact that the estate agent is probably sat in his office going "Damn! Damn! Damn!" and trying to explain to his boss that he has little commission this month because his get rich quick scam went belly up
The agent will have been desperate to get rid of house that wasn't shifting, but was duty bound to tell the vendor the higher offer. It's the vendor who fscked you, not the agent.
For the record, I'm not here to defend estate agents in general, but where I live (rural area) there are a several agents, one is a bit of a c-nt but the others are nice people and take the view that if they screw someone over, their reputation is damaged long term and that costs a lot more than a few hundred or thousand quid, so they don't.Comment
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Originally posted by Platypus View PostHave you considered that the agent is telling the truth? Do you think they'd bugger up a perfectly good sale for an extra £300* (that's hardly a get rich quick scheme is it?). *£300 is 2% of £15k.
The agent will have been desperate to get rid of house that wasn't shifting, but was duty bound to tell the vendor the higher offer. It's the vendor who fscked you, not the agent.
For the record, I'm not here to defend estate agents in general, but where I live (rural area) there are a several agents, one is a bit of a c-nt but the others are nice people and take the view that if they screw someone over, their reputation is damaged long term and that costs a lot more than a few hundred or thousand quid, so they don't.Comment
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Originally posted by jmo21 View PostHave you read Freakanomics?
Originally posted by jmo21 View PostIt states similarly, from the sellers position, the estate agent is not going to bust his tail to try and get a £5000, £10,000 increase in an offer as he hardly gets anything out of it.
Most vendors, it seems to me, choose their agent based on who gives the highest valuation. Knowing this, an agent will give a high valuation and then subsequently recommend that the vendor accepts a somewhat lower (realistic?) offer.Comment
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