Nov 28,2012
Minithumbdown
By:
Nov 28,2012
5 people found
this helpful
Another tale of the unscrupulous and immoral¢â‚¬Â¦¢â‚¬Å“Estate Agent of the Year 2011¢â‚¬Â the advert claims¢â‚¬Â¦how things can change in a year. Gazumping lives on with the gentle encouragement of the friendly Estate Agent¢â‚¬Â¦¢â‚¬Â¦

Yes, having agreed the sale and had the offer accepted, the weasels were baying for that extra commission¢â‚¬Â¦..

We found ourselves in the unfortunate position of losing the buyer of our flat. On our purchase we had the contract ready to sign. All the other paperwork was in place. We were reviewing our options¢â‚¬Â¦a buy-to-let mortgage on our flat was viable, but would take a few days to organise.
Our purchase was through Romans. We were persuaded to re-market our property for sale through Romans with promises of ¢â‚¬Å“keeping the chain alive¢â‚¬Â, ¢â‚¬Å“the sellers are willing to wait¢â‚¬Â, ¢â‚¬Å“Romans have a vested interest¢â‚¬Â ¢â‚¬Â¦the list of stock agent spiel goes on¢â‚¬Â¦.

Waiting in the wings¢â‚¬Â¦enter the new buyer, equipped with enough information to make an attractive offer on our purchase. No communication through our solicitors, no communication through Romans.

We confront the squirming weasels¢â‚¬Â¦.¢â‚¬Âit all happened today¢â‚¬Â¢â‚¬Â¦apparently. Unbeknown to Romans we are in contact with the seller and know this has been in the offing for at least a week¢â‚¬Â¦

The offer is made, accepted and there you have it the Gazump is complete¢â‚¬Â¦.we are left with the legal fees and no property to purchase.

This is a cautionary tale for buyers, and is probably not unique to Romans¢â‚¬Â¦.be wary the weasels are out there¢â‚¬Â¦..
Was this helpful? Yes
By: Reggie
Dec 04, 2012
We were approached by Romans to market the sale of our property after we knew for sure that it had fallen through. We were told by Romans that the chain above us were all willing to wait while we sorted out our BTL mortgage...then three days later we find out (not from Romans) that a sale on your property has been agreed with another party coming in at a higher bid. The timing was such that we weren't made aware of developments until after we had agreed to market the sale of our property with Romans....don't forget we had a written agreement of purchase on your property and were at the point of signing contracts....common courtesy would have been to at least make us aware of the situation through formal channels....I think our agent wasn't the only one being economical with the truth....!
By: Reggie
Dec 04, 2012
This was not our opinion or understanding!
We were approached by Romans to market the sale of our property after we knew for sure that it had fallen through. We were told by Romans that the chain above us were all willing to wait while we sorted out our BTL mortgage...then three days later we find out (not from Romans) that a sale on your property has been agreed with another party coming in at a higher bid. The timing was such that we weren't made aware of developments until after we had agreed to market the sale of our property with Romans....don't forget we had a written agreement of purchase on your property and were at the point of signing contracts....common courtesy would have been to at least make us aware of the situation through formal channels....I think our agent wasn't the only one being economical with the truth....!
By: Reggie
Dec 04, 2012
Our opinion and understanding is somewhat different. Our agent was not the only one being economical with the truth!
By: Bess
Nov 29, 2012
Lets be clear "Reggie" you were not "gazumped". I am the seller you are refering to. Your buyer never succeeded in obtaining a mortgage and had 5 months to do so. Therefore, you never actually sold your property in the first place! Your old agent consistently lied to you and to Romans and of course to us, saying they had in fact obtained a mortgage, which in reality, they hadn't. I have texts saying the mortgage was in place and the buyer had instructed a solicitor. But they hadn't! We "sold" to you on 25th July, but at the beginning of October we were suspicious that your buyer/estate agent were not being completely honest with you and told you so. We have been more than patient with you and when we were finally told that your buyers hadn't been accepted for a mortgage we asked Romans whether they had any potential purchasers on their books. They did and the new buyers viewed our property at the weekend with a second viewing last Monday evening - which you were kept fully informed of. Yes we were offered more than your offer, but that wasn't the reason we sold to them. They are in a great position having sold their property - which you have not. You asked us to wait whilst you obtained a buy to let mortgage on your property, which we didn't want to do as, in our eyes, their was NO guarantee that you would succeed. We would never have remarketed our property to cause you to be gazumped! The reality is your sale fell through and we had to seek a new purchaser. Your review is economical with the truth and Romans have done nothing to warrant your "weasel" disparaging remarks.

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Romans

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