“Not Getting the Best Price for Vendors...”
2 Star Review
Apr 01,2021
By:
'Darren'
Apr 01,2021
Branch: Bolton, 1 Newbrook Road
Services: Sales (Prospective customer)
Sold price: £92000
Would you recommend?: No
Postcode: BL6
Branch: Bolton, 1 Newbrook Road
Sales (Prospective customer)
Sold price: £92000
Postcode: BL6
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Booked to view a property, in Horwich, 4 hours after it came to market.
Harrisons advised me that they already had a viewer that evening, I asked if I could go either 30 minutes before or 30 minutes after, however they said I had to go the following day.
I pointed out that they first viewer may offer and get accepted before I even get a chance to view.
Matthew said that should not happen as its new to market and the vendors will realise that I am booked in for the following day, so they should wait to see what offers come in.
Sure enough, as I predicted, the first viewer, made an offer, which was accepted before I could even view.
I feel this is very bad practice from the agents, they should be trying to obtain the best possible price for their vendors. They knew I was a motivated cash buyer, they should have advised their client to let me view then see if they could obtain a higher sale price for their client.
There 3 loser in this scenario:
1) The vendor who could have achieved a higher sale price
2) The agents who could have obtained a higher fee, had they agreed a percentage based fee
3) Myself, as I lost a house I really wanted to buy
As a vendor I would be wary of an agent who is not endeavouring to get the best sale price possible for its clients.
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