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Do estate agents tell lies about the interest in a property??

(58 Posts)
darlink Thu 12-Oct-06 01:00:15

Have put a bid on a house (Scottish offers over system)

quite an unusual house would not have thought much interest.

No other bids when I offered yesterday.
Agent now say they are expecting another bid tomorrow of 30 thousand more!!!!

Might they be lying to force my hand? (not that I can afford to be forced)

Graciescotland Fri 05-Oct-12 18:33:53

We had an estate agent try and push us higher on a house, when we walked away she came back with an offer £5k under our last offer but we'd already offered on somewhere else, we're still thinking about it but it seems kind of dishonest of them. I wish there was an easier way.

P.s. Just because it says offers over doesn't mean an offer under won't be accepted given the market.

Fluffycloudland77 Fri 05-Oct-12 18:23:07

When our last house was sold (we were tennants) the estate agent didnt so much lie as omit the truth ie yes it has got a heater in that room (no mention of the fact it didnt work).

They did get it spot on though with which buyer would buy it. Poor sods, I wonder if they have known coldness like it.

I think people probably lie to them to, saying they have a mortgage arranged when they dont and so forth.

housewife84 Fri 05-Oct-12 14:59:23

Very True!! Everyone blames the banks but if we were not so obsessed with credit none of this would have happened! I have heard that if everyone paid of there debt then there would be no money left! As the money we deal with is just debt being passed around!

DameFanny Fri 05-Oct-12 14:52:31

:-)

I think we all need to be a bit less grabby when it comes to housing - its the greed of the 80s and 00s that's left house prices so ridiculously high, and filled the rental market with unrealistic landlords.

In my very opinionated opinion :-)

DameFanny Fri 05-Oct-12 14:52:30

:-)

I think we all need to be a bit less grabby when it comes to housing - its the greed of the 80s and 00s that's left house prices so ridiculously high, and filled the rental market with unrealistic landlords.

In my very opinionated opinion :-)

housewife84 Fri 05-Oct-12 14:42:48

I know not everyone would maybe that was a bit of a silly comment! But i just think estate agents get a lot of bad press!! Which is fair enough a lot of them are useless!! But i feel a bit sorry for the honest ones out there because people just have no trust in them anymore!

DameFanny Fri 05-Oct-12 14:40:07

I don't think we'd all do everything to get more money hmm

Last time I sold a flat I'd accepted an offer when another came in. I was happy with the buyer - had cash, no problems with survey etc - but the agent tried to pressure me into raising the already agreed price. Was very annoying.

housewife84 Fri 05-Oct-12 14:33:13

I am sorry but Estate agents are running a business like anyone else! I agree it is wrong to lie and if they are then they should be pulled up on it! But i think they should be given a break ! I had no problem with the estate agent i used i offered below asking price and the seller agreed! No rubbish about others offering more or anything! The whole process was very quick and easy! So i really think it depends who you get!! I do believe some bigger estate agents maybe trying to get more money but who can blame them! The same happens when trying to buy a car they lie about the price and no one has a go at them about it! When you think about it if you tried to sell your house or your car you would do what you could to get the most money for it!! I bet if you were selling your house you would let the agent do what they can to get the most money!!

Jbck Fri 13-Oct-06 18:43:20

shame, the one I found was in Stewarton with SH. Obviously wasn't for you. At least you're v happy where you are.

darlink Fri 13-Oct-06 18:32:28

No Bow room as far as I am aware!
It has def been sold to a higher bidder.

Jbck Fri 13-Oct-06 17:06:55

Think I've seen it, does it have a Bow room 8'9" x 7'3"? If so, what is a bow room, I'm thinking archery but could be for doing one's pigtails in . Looks lovely and tbh if you get it at your offer price sounds a bargain to me. this is a just over a mile from where I'm moving to and look at the price, mind you it's been reduced from £795K so I suppose it's going cheap.

Jbck Fri 13-Oct-06 16:57:06

Darlink sounds fantastic, makes my £200K sound paltry.
Hope you get it & you can let us see how gorgeous it is then. Similar thing happened to a colleague at work recently the agent phoned & said someone had offered higher than them but vendor really liked them & would rather sell it to them if they matched price, she told them to get stuffed! House sold for a bit more than they offered but not the amount they'd been led to believe had been offered.

FioFio Fri 13-Oct-06 16:19:30

ok Helenn, lets meet

UnquietDad Fri 13-Oct-06 14:33:52

There was one here last year - surprising as it was from one of the usually mendacious crowd - "please be aware that the floors are unfinished; also that part of the roof has collapsed and piegons have taken up residence in the attic"!

I mean, what happened to "elegant, natural stripped-wooden floors throughout, open-plan roofing space and highly original aviary feature" ?!

edam Fri 13-Oct-06 14:12:45

There used to be a fab agent in London who wrote very entertaining, truthful property particulars 'the roof is about to fall in but as a bonus you will have a fantastic skylight' sort of stuff. Now sadly deceased.

Yes, many estate agents lie - you only have to read a few Which? magazine reports to see that. So do vendors and buyers although the agents are supposed to be the professionals so should be more darn responsible.

LIZS Fri 13-Oct-06 13:42:57

and it is variable from branch to branch of the same group. One branche (who as a potnetial buyer I generally get on well with) has the most elaborate method of desribing the property even surpirisng the part time viewing accompanier - "undoubted feature" etc - whereas the branch "acting " on our behalf insisted on the barest minimum of description on our particulars to the point of not even being able to say fully tiled in case they were sued for it only being all 4 walls ! The latter have actually turned out to be the more underhand btw !

SPACEdoutzombieCADET Fri 13-Oct-06 13:37:49

unquietdad-i was originally going to move locally last year and went to view a house which ticked all the boxes, however, the estate agents had failed to mention that the vendor was actually retaining all the garden with property and building a great big four bedroomed house on it!

UnquietDad Fri 13-Oct-06 13:34:55

the JCB/ bungalow thing actually happened to us, too. To say we were is an understatement!! And they didn't even appear ashamed when we took them to task!

SPACEdoutzombieCADET Fri 13-Oct-06 13:32:15

unquietdad-, pmsl @ "extensive only in their imagination"!!!

SPACEdoutzombieCADET Fri 13-Oct-06 13:31:02

i must admit that when i was house hunting up here, when i would enquire about the interest in a certain proprty, most agents would truthfully say, no there hasnt been much interest if there hadnt, however the agen selling the house i eventually bought, told the most disgusting whoppers to get me to complerte sale by thecend of the month, claiming that the seller was going to pull out, the chain was going to collapse etc, however when my solicitor looked into it, it turned out it couldnt be further from the truth, it caused a lot of undue stress and soured relations with the people i was buying from.

UnquietDad Fri 13-Oct-06 13:28:45

I didn't read any of your posts, Helennn, only the OP's question. You're obviously an honest one and I commend you for that. But come on - take an estate agent to court for lying? We'd be doing it all the blinking time! What about:

- saying that the house has an "impressive" fourth bedroom, which turns out to be pretty poky?
- describing a garden as "extensive", when it is extensive only in their imagination?
- calling a ramshackle lean-to slapped on the side of a house a "sun-lounge"?
- saying it's in a "desirable" area when it's not?
- saying it's in Nice Suburb X when, in fact, you'd have to stretch the boundaries to a point which would challenge the Laws of Thermodynamics to make that true, and it's in fact in Less Nice Suburb Y?
- and the "lies of omission": failing to mention the planning permission for a new housing estate on the fields nearby, the noisy and dirty garage next door, the railway-line at the bottom of the garden, the JCB in the front garden as the vendors are building a bungalow in front of it...

And why do estate agents always say stuff like "meriting an internal inspection" or "a viewing is absolutely essential"? I mean, if you like the look of the photo/ particulars you're going to go and have a look, aren't you? Or do people stand outside and admire the brickwork??

And that stuff about "reputable" schools really winds us up, too, as it implies that the school next door is somehow "disreputable".

ScareyCaligulaCorday Fri 13-Oct-06 13:22:44

Haven't read the thread but yes of course estate agents tell lies. Even lies they know will be discovered.

I remember once, a friend of mine was staying with me while she bought the house next door. The estate agent knew the buyer and the vendor lived next door and were friendly, and could compare notes. And even then, he'd lie to both parties. Every couple of days she would pop her head over the fence and have a chinwag with the neighbours, where they would swop incredulous stories of what latest lie the estate agent had told them. It was like he was so used to it, he couldn't stop himself. Whenever he was challenged, he would simply look sheepish and start flanneling.

In theory they're not supposed to tell lies, because they can be reported to the NAEA, but in practice, everyone is so bloody relieved and broken in spirit by the time they move in, that no-one can be arsed to complain. I guess if more people made a fuss and challenged them, they'd stop, but the process of moving house is so stressful that complaining is one more enormous piece of work that no one wants to take on. (I've done it myself, last time I moved house I swore I'd write and complain, but you're so busy moving that you don't, and six months later when you've had time to draw breath, it seems so long ago and not worthwhile.) So they get away with it.

Helennn Fri 13-Oct-06 13:00:41

I really don't know why I'm bothering. If an estate agent lies about a property then take him to court under the Property Misdescriptions Act and get him shut down - and do us all a favour!

We always tried to stop the vendor and buyer speaking directly as that that was when things usually went wrong, one wouldn't understand what was supposed to happen, things would get personal and heated and then it would fall apart. We always found there was a much higher rate of fall throughs when they started dealing direct - which obviously we didn't want.

Oh - Fiofio, perhaps we should meet, then you couldn't go around saying you had never met an honest estate agent - because you would have .

UnquietDad Fri 13-Oct-06 12:35:40

I think the direct answer to the OP's question is "Does the Pope have a balcony (with a 'pleasing aspect')?"

Estate agents will say and do ANYTHING. They'll talk up an area, lie about the area, lie about the school catchment, exaggerate the accessiblity and the size of the garden, be evasive about how much interest there has been...

I would not be at all surprised if some "offers" against which people compete are about as real as the Tooth Fairy, and magically diappear once the house is bumped up to a certain price.

I don't know why they bother with all this, given that people are bright enough to work things out for themselves and a sensible buyer will open lines of communication with the vendor, and cut out the middle-man (woman).

Estate-agents want to CONTROL the entire process - don't let them.

darlink Fri 13-Oct-06 12:28:11

Thanks Helen.
It was indeed the seller who told me first, late on Wednesday night when he asked me to go round for a chat about everything.
He told me the agent told him about the other possible offer of 560. He himself ( the seller) said "it all sounds a bit fishy to me"

The agent spoke directly to me the next day with the same story.

I phoned my lawyer and retracted my bid.

I did this to make it clear that If the other bid was real I was out of the running.
If it was not the agent would get back to me to ask if I was still interested.

A bit later my lawyer phoned me. He had phoned the agent and he (lawyer)thought the potential higher bid was a genuine thing. (although no bid had been made and no survey carried out)

I will let you know how it goes. Even if I could raise the other 30 I don't think it is worth that much money especially as I love my current house and am not desperate to move.

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