To think an agent can’t refuse to put my offer forward?

[thankunextex]

Best and final offers were asked for and mine was declined.

I then was advised by another estate agents that they are legally bound to put forward any new offers to the vendor until the contracts have been exchanged.

I’ve asked to put a new offer in and they refused ad they said it’s unethical. Surely they can’t do that?

myrtle

You sound obnoxious. I hope you’re not about to fuck up some young couple’s dream home.
If the vendors have any sense they’ll tell you where to go.

I’m sure they want it sold. It’s just been sold

Myrtle
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@mumsnethq* please can we have some Pom Pom emojis

Usually an estate agent has to pass on all offers however they don't if they have been instructed by the vendor that they do not want anymore after they have accepted.

Perhaps this is what has happened to you? The vendor may not want to 'go back on their word' after accepting another offer or they just don't want to sell to you as you've tried to increase after a best and final (even though you have a reason--they don't know that). They might feel you could be a hassle to sell to and might want to drop your offer later down the line.

As a buyer, I've done the reverse. Refused to increase an offer by 5k (considering our purchase price it was insignificant) as I knew the sellers would be trouble.

Jeez only 4 threads all about buying property. You dont have much luck op!

The agent selling the house we were buying called to tell us that an offer had been received from someone who had seen it before us and they were obliged to put the offer forward even though our offer and its acceptance had been conditional on no further viewings. Luckily, it was declined!

Actually you’ve all convinced me that I’m just going to put in my higher offer. Screw anyone else.

I see you have now moved on to being goady to try and get a reaction. Nice try 👏 i actually hope karma does bite you in the bum. What an obnoxious, angry person you are to do that. But you were always going to werent you? You just wanted the validation on here.

Actually you’ve all convinced me that I’m just going to put in my higher offer. Screw anyone else.

And a previous post you said I am a nice person....., I think not!

Actually you’ve all convinced me that I’m just going to put in my higher offer. Screw anyone else.

Eh, you've already tried that, the agent refused to put the new offer forward. Remember? That's the whole point of your thread.....that you actually can't put in your higher offer...

But what do you think "best and final" means then?

On face value, I'd assume it meant exactly that... but I've met some estate agents who seemed to use 'best and final' as a
starting point and then tried to push us higher (when the whole idea was that we couldn't go higher!). I really lost faith and stopped using said agents when that happened...

I am a bit in love with these estate agents!

I am a bit in love with these estate agents!

I can’t believe there are still people on this thread who think the estate agents are taking some moral stance off their own bat. Wake up! The only reason they would not pass on further offers is if they’ve been instructed not to do so.

I now have an additional £20K to offer

Oh by the way I wouldn’t offer a further £20k ... my original offer was very close to what they were already asking so I would be paying way more than what it’s actually worth.

Which is it?

OP you're not being unreasonable.

There, you've heard what you want to hear and now I've said that, IMO you're a cunt who doesn't deserve any respect if you think your manner is that of a "nice person".

I'd wish a pox on both your houses, but it looks like you're not going to get this one.

I’m tired of losing out things I want because of being a “nice person”.

You’re really not. Good luck with all your properties. I firmly believe that money or possessions that are acquired in such an underhand way bring nothing but misery.

Feeling sorry for the person/people whose offer was accepted and who are probably on pins hoping not to be gazumped.

This thread has literally only been put on here to provoke a reaction. OP ‘knows’ the law, and ‘knows’ what their next step is. Everyone, let’s go somewhere else and leave them to stew on their own.

I am sure the estate agent is aware of the law on this and not breaking it just to annoy you. There must be a rule either because 1) best and final was asked for or 2) seller has stated do not tell me about any more offers.

Why would an estate agent risk breaking the rules in this instance? I am sure they know the law on it very well.

And if I was a seller I would not sell to someone who matched/slightly above original buyers offer in this circumstance because you appear unethical and cold and I would not trust you to really want my property so I would worry it would fall through. Also wouldn't want to let current buyer who played by the rules down.

Move on, put your energy into something else.

You were asked for your best & final offer.

It was declined, and now you are trying to make an increased offer.

It’s unethical because you’re trying to gazump the other offers - those that went in with their best & final offers.

This is how it works, when it goes to best & final offers, they’re looking to weed out the buyers that are going to make low offers and gradually increase them til their offer is accepted.

If it’s still not sold in a weeks time, perhaps you can go back and try again, but it sounds like you misinterpreted the rules.

They probably just think you were trying to get yourself a good deal with a lower offer