General Discussion: Property thread


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Crackajack
Crackajack avatar

7960 posts since 21/4/05

5 Mar 2021 11:47
It's annoying but the EA is there to get the best bid possible (usually highest / most reliable). At least someone didn't turn the vendors head with a higher offer later on in the process, as that can actually happen!

The final offers thing is also annoying as it creates a real issue in deciding what to offer. Happened to all the places we were looking at last Summer.

I think the offer without viewing informal rule actually makes sense, especially as it could hamper non-dom investor purchases a little.
MrW
MrW avatar

3015 posts since 1/8/11

5 Mar 2021 12:00
Razorlight123 wrote: I got hold of the local estate agent for the area who stated, we informed the vendor that they cannot accept an offer from someone who has not viewed a property, so that they should withdraw the offer.

My sister's an EA (don't I know it Roll Eyes ), they've sold countless places down here - East Kent coast, Margate, Ramsgate etc - to out-of-towners during lockdown based solely on virtual viewings.
Razorlight123
Razorlight123 avatar

4969 posts since 13/1/10

posted 5 Mar 2021 12:02, edited 5 Mar 2021 12:02
Crackajack wrote: It's annoying but the EA is there to get the best bid possible (usually highest / most reliable). At least someone didn't turn the vendors head with a higher offer later on in the process, as that can actually happen!

The final offers thing is also annoying as it creates a real issue in deciding what to offer. Happened to all the places we were looking at last Summer.

I think the offer without viewing informal rule actually makes sense, especially as it could hamper non-dom investor purchases a little.

I understand that, but I think the issue is with the Purplebricks platform, and then shifting the blame onto the vendor and continually shifting the goalposts.

If indeed I'm unable to put an offer before viewing… Why allow me to do so in the first place. Surely my Purplebricks profile should state if I have completed a physical or virtual viewing, given that both are performed on the app.

Also, had I put in my solicitors details the listing would have been taken off the market completely, so timing is/was key.
Rez
Rez avatar

8678 posts since 5/4/09

5 Mar 2021 12:19
Some of the gazumping and bullshit EA moves that were going on in the more desirable areas actually made us completely re-evaluate what we wanted/where, wonder if this happens to many people.
Razorlight123
Razorlight123 avatar

4969 posts since 13/1/10

posted 5 Mar 2021 12:30, edited 5 Mar 2021 12:30
I think that's the thing, this has happened twice for me in this area that is considered 'desirable', I in essence had first mover advantage, I was happy, the vendor was happy - but the EA clearly was not and has continually put hurdles in my place, which I have met.

But now that another offer has come in (although illegitimate based on their rules), the EA has been able to turn the vendors head.

The first instance of attempting to buy a property prior to this, I put the highest offer in a best and final round, vendor said he wanted asking. I offered asking. Vendor said he would rather do it up and sell later.

It's a shit market man, and will become shitter by April Fascist!
Crackajack
Crackajack avatar

7960 posts since 21/4/05

5 Mar 2021 12:34
Rez wrote: Some of the gazumping and bullshit EA moves that were going on in the more desirable areas actually made us completely re-evaluate what we wanted/where, wonder if this happens to many people.

I don't live in a 'desirable' area but the hate for estate agents is real + there is a general dislike in certain sections for people who have moved here from places like Hackney, Shoreditch, Dalston etc.
Rez
Rez avatar

8678 posts since 5/4/09

5 Mar 2021 12:37
Sorry just wanted to clarify when I say 'desirable' I'm just using estate agents speak for lots of white middle class people are upscaling there after selling their overinflated flats. Think boutique Listers like 'the Stowe brothers' etc.
Crackajack
Crackajack avatar

7960 posts since 21/4/05

5 Mar 2021 12:42
Rez wrote: Sorry just wanted to clarify when I say 'desirable' I'm just using estate agents speak for lots of white middle class people are upscaling there after selling their overinflated flats. Think boutique Listers like 'the Stowe brothers' etc.

Shots fired! Funnily enough they are the ones people specifically hate as they are expanding their patch Laughing out loud they take all sorts of crap listings though.
Rez
Rez avatar

8678 posts since 5/4/09

5 Mar 2021 12:50
The whole experience with those types put me off getting a flat and got me a house in newham, which has been much much better during lockdown Laughing out loud
joeyjojo
joeyjojo avatar

4615 posts since 24/8/06

5 Mar 2021 13:28
Crackajack wrote:
Rez wrote: Some of the gazumping and bullshit EA moves that were going on in the more desirable areas actually made us completely re-evaluate what we wanted/where, wonder if this happens to many people.

I don't live in a 'desirable' area but the hate for estate agents is real + there is a general dislike in certain sections for people who have moved here from places like Hackney, Shoreditch, Dalston etc.

Where do you live Cracka ?
joeyjojo
joeyjojo avatar

4615 posts since 24/8/06

5 Mar 2021 13:28
Co-sign on estate agents. And some of them are real smug twats too
Crackajack
Crackajack avatar

7960 posts since 21/4/05

5 Mar 2021 13:50
joeyjojo wrote:
Crackajack wrote:
Rez wrote: Some of the gazumping and bullshit EA moves that were going on in the more desirable areas actually made us completely re-evaluate what we wanted/where, wonder if this happens to many people.

I don't live in a 'desirable' area but the hate for estate agents is real + there is a general dislike in certain sections for people who have moved here from places like Hackney, Shoreditch, Dalston etc.

Where do you live Cracka ?

Waltham Forest (south bit)
illwill
illwill avatar

4137 posts since 17/5/04

posted 5 Mar 2021 14:14, edited 5 Mar 2021 14:14
My mate used to be an estate agent and would nick DVDs from people's houses.

Had a mental collection.

He's now a city recruiter.
Rirawin
Rirawin avatar

9537 posts since 17/7/05

5 Mar 2021 14:41
From one hated profession to another Laughing out loud
themistake
themistake avatar

10837 posts since 20/2/06

5 Mar 2021 16:31
The amount of properties Stow Bros move in e17 is colossal
joeyjojo
joeyjojo avatar

4615 posts since 24/8/06

5 Mar 2021 17:31
Crackajack wrote:
joeyjojo wrote:
Crackajack wrote:
Rez wrote: Some of the gazumping and bullshit EA moves that were going on in the more desirable areas actually made us completely re-evaluate what we wanted/where, wonder if this happens to many people.

I don't live in a 'desirable' area but the hate for estate agents is real + there is a general dislike in certain sections for people who have moved here from places like Hackney, Shoreditch, Dalston etc.

Where do you live Cracka ?

Waltham Forest (south bit)

It’s where so many of my friends have moved to. Really where is there in London to move when you wanna buy something relatively affordable. Either Walthamstow way or maybe SE around Brockely; ladywell
Razorlight123
Razorlight123 avatar

4969 posts since 13/1/10

posted 6 Mar 2021 18:36, edited 6 Mar 2021 18:36
[Delete]

Wait to see how this pans out first…
illwill
illwill avatar

4137 posts since 17/5/04

10 Mar 2021 11:52
Anyone have a property with the sole bathroom downstairs?

Looking at a place that ticks all boxes other than that.

I realise it's a deal breaker for some buyers so might not be so easy to sell on.

Is it something you just get used it? Not sure it would bother me but my gf pisses multiple times a night.
Razorlight123
Razorlight123 avatar

4969 posts since 13/1/10

10 Mar 2021 12:32
Unsure I could go ahead with it personally.

And the fact that you're questioning it yourself, signifies that when you come to sell it in the future that could be a barrier.

Unless installing a bathroom upstairs is viable?
swede
swede avatar

9827 posts since 21/3/09

10 Mar 2021 12:36
bedpan for the mrs will?