“House sale pulled out by Seller within 4 days......”
2 Star Review
Aug 29,2019
By:
'Dr'
Aug 29,2019
Branch: Beverley, 2-4 Hengate
Services: Sales (Prospective customer)
Would you recommend?: No
Postcode: YO25
Branch: Beverley, 2-4 Hengate
Sales (Prospective customer)
Postcode: YO25
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House sale pulled out by Seller within 4 days of verbal agreement
We were after a house purchase in Middleton, handled by Hunters, when we ended up losing the house twice. The first time, we viewed the property, really enjoyed what we saw - but when wanting to come back to view the property again (note: this property was on the market for over 2 months with no offers accepted) - it had been taken off the market as an offer was accepted.
Fortunately for us, the property then got listed on the market again as the buyers pulled out within a week of making the offer. We got our second viewing and made the offer the next day - which was accepted ahead of a bank holiday weekend in August.
Suddenly, on a Thursday we get a call saying the house is off the market and being sold to a cash buyer. The offer was pulled away from us with no consideration.
Unfortunately this is the way the housing market still operates that gives both parties no repercussions after behaving in an ill-mannered fashion. Whilst verbal agreements are not binding - it is not the best practice that agencies managing sales do not reimburse the buyers they bring in to a verbal agreement whilst letting the seller (at best - charging the management fee which never sees all affected parties!) walk off.
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