Our house is a 3 year old new build. Perfect FTB house, really well priced. Only selling as we need more space due to an extra child. A few houses around us have sold and always go under offer in the space of 2 weeks and seem to complete within 3/4 months.
We put ours on the market 5 months ago. We had an offer within 2 weeks but buyers eventually pulled out after 3 months saying the process was taking too long. It went back on the market as a new listing and again, we had a new buyer within 2 weeks. We believe this person was known to our estate agent and/or solicitor as they worked in the industry and EA was keen to accept their offer and push the sale through quickly. We were ok with this as our onward purchase was waiting.
Everything was going well. There was talk of completion dates then it turns out, buyer can't get a mortgage! They didn't elaborate further despite our buyer using their in-house mortgage broker, something I should have pressed for more info on.
So we're back on the market again for the third time and stuck at the bottom of the listings. We've had no interest at all. EA keeps promising every day that it will be put back on as a new listing but from what I've read, as it was only off the market for 4 weeks, it will remain as an older listing and new property alerts will not have been sent out.
I feel really annoyed with our estate agent. It should be a really easy house to sell and I don't believe that we've just been "super unlucky" twice. I've been watching the market for a while now and I haven't seen any houses with so many failed sales apart from ones that clearly have major issues. It also makes it look like there is a problem with our house due to so many buyers dropping out. Our solicitor said they would waive abortive fees on this last buyer too which further increased my suspicions that they'd pushed this buyer that was known to them through for an easy sale and it all collapsed, leaving us to pay the price because now we have no buyer and no interest.
We're out of contract with them next month but I'm worried it will be too late for our onward purchase. Our seller seems to be in no rush to move but we'll be devastated if we lose this house as they don't come up often in the area. Should we approach a different EA now? I'm hesitant to rack up even more fees as we're already paying for our stuff which is now in storage.
Someone more knowledgeable on this please help as I'm at my wits end!