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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

About this house valuation from YOPA and to complain

23 replies

albapunk · 14/09/2022 17:08

We are undecided about what to do about our house at the moment, we bought it a few years ago in a fairly desirable area that was a safe bet as the houses sell well and generally make a good investment. We still love the house but our thinking being if we were looking at making decent money, we could move to a cheaper property and have a smaller mortgage with a large deposit. This would let us ride out the cost of living storm, we are feeling the pinch and this would have a huge impact on our outgoings.

Contacted 3 agents, one small local company with a great reputation, the agent we purchased the house from and YOPA who are online. Local agent did a very in-depth look of the house, lots of questions, no hard sell, spoke equally to myself an my partner, came with all the details of the previous advert for the house to compare what we've done. Some of the best customer service I've ever had actually. Agent we bought the house from compared what we told them to the file the hold on the house from before and gave us an estimate over the phone, they aren't able to come out at the moment. Both of these estimates were fairly close to each other and stated offers above X amount which is 30k more than what we paid for the house. Surprised but very pleased with this.

Then we get to YOPA agent. I was alone for this. He didn't ask any questions at all, glanced briefly at the rooms, as in walked in and back out again, pushed me to give an answer for how soon we wanted to sell, despite highlighting in a previous phone call we are currently unsure what we are doing at the moment. He said he has people who will jump to buy this quickly and he would market the house at Y amount with the view to selling for 5k more than this. Y is 5k less than we paid for the house, so he valued the house at exactly what we paid a few years ago.

I was pretty surprised at this and said so. He looked a little sheepish and then began to steamroller over me and again ask how soon was I looking to sell. I was extremely polite and stated that his valuation simply wasn't acceptable to me, and reiterated the information from the other agents and tried to explain the difference in the house from when we purchased it and what compared houses in our area have sold for, which he then ignored AGAIN. He went on that he could arrange the home report and that would come back he thinks at exactly as it was for the house a few years ago. We have carried out repairs highlighted in that report that affected the value. He simply said oh repairs don't add value and went on with more pushy tactics and that I needed to quickly make a decision and get a new home report to get the house on the market. I highlighted it was a joint decision between me and my partner, and I wasn't making immediate decisions without him present, and suddenly his attitude changed completely and he said well we should perhaps discuss it and give him a call "no rush"...bit of a change of tune eh?!

This is the AIBU part...

I feel like I was treated like a naïve little girl. I do look younger than my years, and compared to the average homeowner in my area, I am fairly young. I was also alone, and his extremely pushy behaviour made me feel extremely uncomfortable in my own home. He was not impressed at my questioning and trying to explain my thoughts and feelings. I did wonder if this would have been different if my partner was also there. Do I chalk this up to just how ruthless the property world can be or do I highlight his behaviour to YOPA as Afterall he is representing their company and potentially losing out on customers and potentially losing their customers a lot of money, not to mention the fact he made me feel so uncomfortable?

.

OP posts:
pinkyredrose · 14/09/2022 17:14

Def report him both for his attitude and also for the fact that he doesn't know the market.

albapunk · 14/09/2022 17:16

pinkyredrose · 14/09/2022 17:14

Def report him both for his attitude and also for the fact that he doesn't know the market.

Good point RE knowing the market, having looked at other properties marketed by him under ZOPA the valuations seem very off compared to comparable property

OP posts:
underneaththeash · 14/09/2022 17:17

I'd just write a bad google review and warn other people that they're condescending, pushy and incompetent.

Saz12 · 14/09/2022 17:21

If you felt threatened and intimidated by what he said or how he behaved, then sure, report him.

He’d probably intended to push you for a quick decision, realised you weren’t going to decide then and there, and backed off so as not to lose you.

EA are sales people- they sell the vendor their services and sell the purchaser the house. So you’re right to be wary of them, but from what you’ve posted I’m not sure he was treating you as a daft wee girl so much as trying to steamroller you into a decision- something he probably does with every client.

albapunk · 14/09/2022 19:19

Saz12 · 14/09/2022 17:21

If you felt threatened and intimidated by what he said or how he behaved, then sure, report him.

He’d probably intended to push you for a quick decision, realised you weren’t going to decide then and there, and backed off so as not to lose you.

EA are sales people- they sell the vendor their services and sell the purchaser the house. So you’re right to be wary of them, but from what you’ve posted I’m not sure he was treating you as a daft wee girl so much as trying to steamroller you into a decision- something he probably does with every client.

I wouldn't say I felt threatened, just very very uncomfortable. Almost as if I had no say in the selling of my house at all, and doesn't match up my experience with the other EA who had came out. He just would not take onboard any of my confusion around his numbers, which was a pretty big red flag for someone who is supposed to specialise in the market in my area. If he was just pushy then fair-enough but how can an EA veiw and decide how to market a property without even knowing about the property? Just very weird and not the vibe I think a company wants from their local agents?

OP posts:
albapunk · 14/09/2022 19:19

I never thought about a google review! Thank you!

OP posts:
RunningFromInsanity · 14/09/2022 19:24

YABU because you asked him to value your house and he did. Just because you didn’t agree with his value, doesn’t make him wrong. That’s why you go to a few places and find the average.

And of course he is going to be pushy, selling houses is how he earns his living, it’s in his best interest to convince you to sell!

Lougle · 14/09/2022 19:28

YOPA are fixed fee agents so it doesn't matter to them what you sell it for.

BaileySharp · 14/09/2022 19:28

We had a few estate agents visit at the start of the year. The quotes from one had a range starting 10k over what the other 2 topped out at (and up to 30k more). We decided not to sell but was surprised at the difference.

albapunk · 14/09/2022 19:43

RunningFromInsanity · 14/09/2022 19:24

YABU because you asked him to value your house and he did. Just because you didn’t agree with his value, doesn’t make him wrong. That’s why you go to a few places and find the average.

And of course he is going to be pushy, selling houses is how he earns his living, it’s in his best interest to convince you to sell!

If he had came to the conclusion he did after actually fully looking at the house, then fair enough, but he walked into rooms, straight back out again, and did not ask any questions or allow me to provide any information at all. That surely isn't right or fair?

I expect someone who makes their living by selling things to be pushy, but surely there is also a line between pushy and making someone feel downright uncomfortable?

OP posts:
albapunk · 14/09/2022 19:46

@BaileySharp We genuinely had no idea what we would be looking at, we assumed it would maybe have went up around 5-10k (and were happy with that being potentially the case) but the market in our area is very strong and we also have a sought after house style according to the first 2 agents who were within a few K of each others valuation. For the YOPA agent to say the house hasnt increased in value, at all, was even more surprising!

OP posts:
Icanstillrecallourlastsummer · 14/09/2022 19:47

Some agents do this, Price low for quick sale. If they are fixed fee it's in their interest to turn around as many houses as possible. You have had 3 agents out, and don't like this guy or what he was saying. So don't go with him? It's that simple, and it's really not worth upsetting yourself over further.

When we sold our last house one of the agents was extremely sexist and basically refused to have a serious conversation with me without DH there. He didn't get the listing and if anyone asked me for estate agent recommendations I would tell them I wasn't keen on him. But other than that I didn't give him anymore thought.

albapunk · 14/09/2022 19:48

@Lougle I wonder if that is why he was so pushy, this house would be a very easy sale for him.

OP posts:
HumbleApe · 14/09/2022 19:51

YABU I think. It does sound pushy but par for the course with some estate agents.

As an aside, if you were only expecting 5-10k increase in value surely that would be swallowed in fees and moving costs?

albapunk · 14/09/2022 19:51

@Icanstillrecallourlastsummer

I think you are probably right about the quick turnaround.

I mostly think I should just let it go, but I also feel like sometimes people shouldn't get away with shitty behaviour...just whether I want to trouble myself with it or not is the question I guess!

OP posts:
albapunk · 14/09/2022 19:56

@HumbleApe

We wouldn't have any actual moving costs due to owning a van, just fees really but yes, if it was the 5-10k we guessed on we would likely stay put for now!

OP posts:
Idontgiveagriffindamn · 14/09/2022 20:01

I wouldn’t complain - his style jarred with you but probably will suit other people same as the other sales people. Your recourse here is not to use him to sell your house.

deedledeedledum · 14/09/2022 20:01

albapunk · 14/09/2022 19:46

@BaileySharp We genuinely had no idea what we would be looking at, we assumed it would maybe have went up around 5-10k (and were happy with that being potentially the case) but the market in our area is very strong and we also have a sought after house style according to the first 2 agents who were within a few K of each others valuation. For the YOPA agent to say the house hasnt increased in value, at all, was even more surprising!

If YOPA are fixed fee then they just want a quick sale so they will value ti get a quick sale. On the other hand you also find EA routinely over value to get the contract then when it doesn't sell, tell you to drop the price. They have the contract then so they've used a high valuation to reel you in

albapunk · 14/09/2022 20:05

@deedledeedledum

Yes I get this. I've a look just there are comparable property in our area, first two agents seem more in tune with the local market and probably a more reasonable estimate. I've also looked at the property the YOPA agent is responsible for and the prices are absolutely not inline with comparable property, obviously I'm no expect and just doing a quick google, currently reading reviews and people have had good experiences with YOPA but it seems to be those after a very quick turn around.

OP posts:
Teenyliving · 14/09/2022 20:09

But he has no duty of care to you!!! He’s an agent who you can choose to go with if you want to. Doesn’t sound like he was actively making misrepresentations to you or applying unconscionable high pressure tactics.

he was just being pushy and shit at his job 🤷‍♀️

I think you are being naive tbh

leave a bad google review and then choose to go with the estate agent who advertised themselves well.

GeorgiePorge · 14/09/2022 20:11

my experience of using YOPA and also complaining to them about their agents is pretty poor.

There is a reason they are cheap, I would avoid and save yourself the hassle of complaining to deaf ears

Teenyliving · 14/09/2022 20:11

To clarify - I didn’t explain that well - if he becomes your agent he would of course have a duty of care

what I was getting at is that at the point of giving a valuation he really has no obligation to do a god job so long as he doesn’t actively lie or use sharp selling practices.

SingingSands · 14/09/2022 20:39

I wouldn't complain. You didn't like him, you didn't agree with his valuation and you won't be using him, so leave it there. Some people are dicks, you met one today.

If you complain, you'll have to deal with YOPA and possibly this chap, again. You don't want that, so just drop it and go with the EA you said gave the best service.

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