Buying and selling support thread?!

[GinIsIn]

Hi, I know there's a sellers' thread, and a buyers' thread, but I am knee deep in trying to do both at the same time and starting to feel like my head might explode and not sure which thread to visit to beg for someone to send Anyone else?!

I'm not sure agent A will try to ramp the price up any more than they ordinarily would. It's been on for 2 years, so there clearly isn't a bidding war situation. They'll just want to sell it, and squeezing more out of you makes too little difference to their commission to play silly games.

However, the fact that it's been on for 2 years suggests that the vendor isn't desperate to sell and may be completely unrealistic about how much the house is worth. The agents may be a bit resigned to this.

We viewed a house that's been on for years. It's owned by a lovely old couple who are becoming increasingly infirm and need to move to a bungalow really. The house needs so much work, but the owners are totally oblivious to this and you could totally tell that the agent expects never to sell it. He told us that they'd had several offers over the time it's been on the market but none anywhere near what they want for it. It was all its sad really.

Good luck with the open day Mrs P.

Oh step - that is sad.

It's rented out at the moment on a short term lease. But it will need quite a bit if work to rent out again. Showers are leaking and the very real heating system is caput.

Their lowest price is one we would pay but would like it negotiated down a little more

Hmmmm - I'm a lawyer (albeit NOT property) so had a quick look at case law last night which dud seem to suggest that the agent who puts the most "work" in gets the commission but I would assume this would be over rudeness by contract terms re: "introducing". The last thing I want to do is put the vendor in a pickle so it's a hard one

They may well have negotiated something between the two agents when the other agent came along already to cover this kind of (not at all uncommon) situation.

I'd do it via the agent that was selling my house rather than another one, purely because they've got something invested in selling both houses. Let the agents worry about the commission.

Hello. Ok if I join this one? We're post-survey on sale and purchase (3 house chain) but the sale is dragging. I've already mentally moved in!

step - I think you're right.

We heard from the bank manager today. Their system is saying they can lend us what we want. We just need to put in an application. I don't want to get an agreement in principal if we're not going ahead so plan is he and estate agent speak and he can vouch for us.

The estate agent seems confuse t he can get us a good offer on our existing house so his view is we are proceedable.

I'm going to speak to the agent on Monday about the other house and see if we can get this sorted.

We saw another house today. The vendors showed us round and were lovely people. It's a lovely house but not right for us. I probably prefer it more than DH. The vendors were so lovely I feel like a right heel

Don't feel bad. Not everyone can love every house, and you really can't know until you view it. People want all sorts of things, so vendors know that not everyone will offer on their house. That's OK.

How did the open house go MrsPig? I've spent all day cleaning 😁

Good luck today puggy!

Lovely day here. Going to feed back about the house today so have worked through our feedback with DH and come up with various examples etc. If I was getting feedback, I'd prefer it to be of that variety rather than "I just don't think it's for me"

What was it you didn't like about the house Gobbolin? I'm sure they'd be grateful for feedback though.

It's 4,000 sqf but a semi. Nothing wrong with that but the plot size is tiny as obviously been sold off so we would need to extend the kitchen and be left with hardly any garden.

The bedrooms are massive but the living space is relatively small pro rata. Great if you had teenagers as they could hide out in their rooms. But my oldest is 3 and I have a 2 year old and a 5 month old and a baby so all need close supervision.

Plus the local schools are amazing but faith Catholic ones. They are over subscribed and we are not catholic so probably nil chance of getting in.

4000sqf and you'd need to extend the kitchen? That's weird. You'd expect that a house that big would have a big kitchen because otherwise all the floor space would have to be in silly places.

It was step. It was all higgildy piggildy.

The ground is all funny levels too

Wow that's massive! Sounds quirky but sounds like the layout needs a rejig.

The kitchen only had a 7 units !

7?

I would just give completely honest feedback TBH. We have our viewing soon and Dd1, dd1 bf and dd2 are all still in their rooms... Get out! I need to inspect, especially dd2 room. The sun is out and the ground and first floor look great. Just need to inspect the top floor now. I swear the grass grew a lot overnight. It was only cut yesterday.

The agent said the viewing went really well, however, they have two properties to sell that are being valued by my EA tomorrow.

That sounds very positive!

Sorry if I've missed this but are you in a hurry to move? If not, selling the two properties hopefully won't be an issue.

Ah well, there's only one property in the area I would buy right now and if that goes there isn't anything else and then I don't know what we'd do.

That's like us. Hmmmm. It's hard.

It's all about timing and luck isn't it?

Are you going to put an offer in on the other property or wait until hours has sold?

I've told the EA I'm interested and she is keeping in touch (we bought our current house through her) but they won't accept an offer until we have one.

Just wanted to wave hello. We last moved in June 2014 and this board was great.
We downsized as could not find anything in our town and ended up buying a show house where we just moved in our stuff and sat down as it was all done. We had a weeny mortgage too.
Now in the position of having an offer accepted on a bit of a project without ours being on the market yet. If we don't sell quickly we can run both loans for a short time (one as buy to let) but not ideal.

Starting to wonder what I have done as keep getting flashbacks to our last move when we had nervous buyers who gave the impression they would pull out (they had done this twice on other houses) so we only really had 2 days notice to pack up 6 people's stuff from a house with loads of storage.

I thought I would take the torn, slightly grubby sheet off our bed the morning of the move and throw it in the bin. The movers arrived early when I was in the shower and packed the whole grimey lot onto the van. And a bin from kids bathroom with San towels (used) in it.

Urgh. Called to out in an offer on the house and in the world's greatest coincidence, they have an offer of over 700k sitting in the table which they are going to reject as too low.

Who'd have thunk it - when the house has been on the market for over 2 years.

In other news, I downloaded the land certificate and googled the owners (unusual name). One if them has a conviction for fraud and is currently barred from being a company director. I strongly suspect that this maybe why the house is unsellable.

It's gutting as it really is a unique house but onwards and upwards.