AIBU?
To ask estate agent what a house sold for
BelleAmie · 12/12/2019 21:39
I viewed a house back in May which was on the market for offers over £125,000 - there were a few other viewers and we ended up at best and final offers. I offered £126,000 and I lost out.
The house is now listed on rightmove sold having sold for £120,000 in September 2019, so this is definitely the most recent sale. AIBU to phone to estate agent to ask why my offer was unsuccessful if the house sold for less than my best and final offer?
I appreciate that there are potentially other issues to consider, perhaps there were problems with the survey and the buyers negotiated a lower price, or it was a cash buyer.
I know this won’t change anything now, I’m just sick to the back teeth of losing out on houses 😩
Am I being unreasonable?
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Dazedandconfused10 · 12/12/2019 22:03
@trixieFranklin you can't do that any more due to stamp duty solicitors etc. It was a stamp duty avoidance scheme. Unless it was under the table.
The quick sale at a loss means an issue with property or location. Most banks won't lend when a property has been owned for such a short time.
DdraigGoch · 12/12/2019 22:08
Maybe the surveyor found out that the house had an issue (damp or whatever) and has been discounted by £10k to cover the cost of remedial work. When I bought my house there was a damp problem and a discount to cover works was suggested but in the end the mortgage company decided that it was minor enough not to withhold funds.
Sforsh49 · 12/12/2019 22:39
This site will tell you previous sales back to the 90's. You can find out in seconds. If it's not on there then it fell through.
landregistry.data.gov.uk/app/ppd/
cabbageking · 12/12/2019 23:10
I suggest the buyer had a survey which highlighted problems and therefore they negotiated a lower price to reflect the issues.
This would be usual practice.
You offer a price based on everything being OK. Doesn't mean this will be the final price. The seller can either do the work needed or reduce the house or start from scratch but be in the same situation 6 months down the line. Once an issue has been identified the estate agent will share this information with other buyers.
SometimesItRains · 13/12/2019 09:44
Estate agent is only obliged to tell you if it is an active property - they aren’t obliged to tell you anything about a property that they sold to someone else months ago. Most likely scenario is as others have suggested - survey revealed issues and the price was negotiated down.
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