I know this is a generalisation but I don't trust estate agents. I had 2 bad experiences when I was selling one house and trying to buy another house in the height of the Celtic Tiger (if that means anything).
Regarding the sale of my old house: I had viewings and assumed that no-one was interested because the estate agent didn't communicate that anyone was interested in 2nd viewings etc. Then one evening someone who had viewed my house knocked on my door offering the asking price. He said that he told the estate agent that he was willing to offer the asking price but that piece of information never got back to me. I never found out why the estate agent didn't tell me that because I just dumped him.
Regarding the attempted purchase of a house I was interested in (didn't end up buying it and am very happy with the house I eventually purchased - so things do happen for a reason!): I viewed a house, really fell in love with it and offerred the asking price The estate agent rang me the next day saying that the buyer had accepted my offer. So I began visualising myself in the house you know yourself! The estate agent took my deposit cheques a day or so later (don't know if this was cashed didn't check at the time). Then I got a phonecall saying that the house was being sold to someone else. I was really heartbroken at the time and I know the buyer probably weren't contractually bound to me but emotions do run high when you see a house that you want. I knocked on the door of the people who owned the house a week or so later (I was viewing a house a few doors down from them because I liked the area). I know I sound like a stalker and am even laughing to myself because even doing that doesn't sound like something that I would do. They knew nothing about my offer! I didn't bother ringing the estate agent because I was just so sick of them all by then.
As I said it worked out in the end but only because I got myself in the right frame of mind to view more houses. I just wouldn't trust them! Be careful. Moving house can be stressful and some people like me can make speedy decisions without thinking them through. I've learned so much from those two experiences. Good luck.
I dont really trust them either as this wasnt the first time they have acted the maggot. We also put an offer on another house and the ea just said out straight they wouldnt accept that without even asking the sellers and sure they have a higher offer anyway. Have since found out there are no offers on the Property. ireland could learn a lot from other countries who use a much more structured systme for property purchasing
1, EA did not tell her 'We got an offer of X, but wait a while I hope to get more.'
2, What are the changes of a random stranger being an EA
I have heard, seen and been subject to some sharp practice (I reckon cost me 40K) by EAs. For instance, at the moment there are two houses in my road which have gone up for sale in the last 2 or 3 months months, both are asking close to 50% off the top of the market. Once is an exector sale, house is ok shape but is dated etc. The other has been done up and is asking 50K less than the first. Now, what I don't understand is that house two is not being advertised (internet etc) at all, appart from the sign outside...
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