I was hoping to move and viewed a house early this year. My DP has sold his house, however my situation has changed. I am getting some inheritance but it has been held up so instead of about now, more likely to be oct/nov time.
We found a house we love. Its been for sale for 3 months, no offers.
I am tempted to approach vendor and tell them i want it would they wait. They could save estate agents fees too if they took it off the market.
I approached one vendor privately after their house ad dissapeared from Rightmove - I assumed they have taken out of the market after hanging in there for 8 months and not finding a buyer. The vendor called me but she said it was Rightmove's technical issue and the house is still on the market. She offered to show me the house by herself but any offers should go through their agency. I felt that she was too uncomfortable to deal with me privately.
I would be the same, to be honest, unless I was desperate. Perhaps depends on the vendor's situation. You can always try, but suggesting to skip the agent will not sound good.
You could offer immediate exchange with delayed completion, that way they know how much money they are going to sell for and have the security of knowing the sale definitely won't fall through while they find a house they like. It's worth a try - if you absolutely know that you will be receiving money in the autumn.
We've had a long completion date in the past due to the vendors buying a house that hadn't actually been built at the time. As first time buyers we could wait, and we did.
So we exchanged but the completion date was about 3 - 4 months after that.
Plus re estate agents fees they would wonder how you knew the house was for sale, and the estate agent would argue that it was advertised so that is how you knew and would still get their cut.
I would just view it and chat to the vendor or estate agents about moving timescales to get a feel. If they want to move fast then they may not wait, or they may want time to find somewhere for themselves.
I agree that you should go ahead and view the house and then speak to the estate agents about when you'd plan to move. When I first started looking at houses, the EA asked when we hope to be in the new house. I said by August (this was in feb), we actually get the keys tomorrow so it moved very quickly for us.
I think if it was meant to be, the house will still be there for you in a few months. But for now, go ahead and get the ball rolling.
They don't want to wait for their money - most EAs are due their money after exchange but are rarely paid before completion. Drop a nite through the door explaining situation, it might work. If nit, can you borrow money due in autumn until then?
If you already viewed via the agent the vendor can't avoid the fees even f you approach them directly now , so unless you are proceedable (ie. have the funds available now) there is no advantage to them .