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Would you gazump?

82 replies

Whattodowhattodo246 · 02/06/2024 10:46

Morning all. I saw a property last week in a desirable catchment area. The house came on the market at the beginning of May, was on sale for a week and sold. It then reappeared for sale last week as the sale fell through (buyer had more money to spend on a house than he had thought). I viewed the house on the Tuesday and planned a 2nd viewing for the Saturday (next time the agent could fit us in as my husband couldn’t make the 1st viewing due to him working away). I then saw online on the Wednesday that the house had sold. I called the agent who confirmed that it had sold but did not mention if I could put a counter offer in and I did not ask; the agent merely said they would contact me if the sale fell through.

I was speaking to a friend who suggested I call up the agent tomorrow and ask to put forward an offer (asking price or higher) and see what the owner says.

I have just sold my property to a first time buyer and keen to get moving ASAP. The house I would like to buy does not have a chain.

if you were the owner of the other house, would you consider a counter offer despite already accepting an offer?

I bought my first (my current) home which was a new build so didn’t go through the whole counter offer situation.

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GodspeedJune · 04/06/2024 18:22

Not very kind?

Have you ever heard the saying ‘Do to others whatever you would like them to do to you’?

I’m glad the seller appears to have some integrity and decency.

Whattodowhattodo246 · 04/06/2024 18:35

@urbanbuddha thats exactly it - I was advised on the Tuesday that we were the only people interested and I booked a second viewing there and then for the Saturday, just so DH could check it out. Had we known there was more interest, then we would’ve offered immediately - we had no idea it had sold until my mum stumbled across it online saying it had sold. I called the agent straight away to say I would’ve offered - it wasn’t like we were messing around with decision making. Thank you for your kind comment 🙂

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Whattodowhattodo246 · 04/06/2024 18:36

@GodspeedJune you sound insufferable.

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LuluBlakey1 · 04/06/2024 18:40

Whattodowhattodo246 · 04/06/2024 18:36

@GodspeedJune you sound insufferable.

And pious and 'holier than thou'.

GodspeedJune · 04/06/2024 19:07

Happy to be holier than thou concerning gazumping. Imagine the excitement of having an offer accepted only to have a cheeky fucker come along and try to sabotage the deal.

Not how I’d do business.

minipie · 04/06/2024 19:10

It’s the vendor who decides to accept a late higher offer who’s most in the wrong with gazumping, surely?
Not the would-be buyer who makes the higher offer.
Bit like with affairs it’s the married party at fault not the OM/OW.

Whattodowhattodo246 · 04/06/2024 21:05

No need for bad language @GodspeedJune - keep it peaceful on my thread please 😘

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