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  1. #21
    BH-KatiesMum's Avatar
    BH-KatiesMum is offline Community Manager
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    best offers is still ok. takes the emotion out of wanting to offer just 5 or 10K more when someone else comes in.

    crunch the numbers and do your best. If you miss out, you miss out.

    Good luck

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    I am LIVID! I just rang the agent to confirm offers were due by COB today and ask a quick question about the site frontage and he tells me the house was under contract before the weekend!!!!

    WTF!!! What a waste of my time. I drove to the open (okay I would have done that anyway), I've spent time crunching our numbers, doing research on prices, council development plans, DH and I drove past it again yesterday with a screaming baby in the car.....

    This is a reason why I HATE real estate agents! I have seriously only ever come across 2 good ones (that includes you elijahsmum if you happen to be reading). The dishonesty astounds me!!!!

  3. The Following User Says Thank You to A-Squared For This Useful Post:

    Elijahs Mum  (03-08-2015)

  4. #23
    BH-KatiesMum's Avatar
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    aww

    it is hard.

    I am always grateful we have an awesome property manager.

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    Quote Originally Posted by A-Squared View Post
    I am LIVID! I just rang the agent to confirm offers were due by COB today and ask a quick question about the site frontage and he tells me the house was under contract before the weekend!!!!

    WTF!!! What a waste of my time. I drove to the open (okay I would have done that anyway), I've spent time crunching our numbers, doing research on prices, council development plans, DH and I drove past it again yesterday with a screaming baby in the car.....

    This is a reason why I HATE real estate agents! I have seriously only ever come across 2 good ones (that includes you elijahsmum if you happen to be reading). The dishonesty astounds me!!!!
    That sucks - did they tell you the sale price? Id call the owners solicitor and ask cause if it's less than what you would have paid they have lost the owners money

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    Quote Originally Posted by Elijahs Mum View Post
    That sucks - did they tell you the sale price? Id call the owners solicitor and ask cause if it's less than what you would have paid they have lost the owners money
    How would I get a hold of their solicitor? The agent wouldn't tell me the price.

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    It will be on the front page of the contract

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    Things are a bit different in SA I think. I didn't get a contract, only an offer form, they only give out contracts if your written offer is accepted (signed) by the seller, then a contract can be executed.

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    Default WWYD -Property Question

    Oh really?? But how can you make offers on properties it you can't check the special conditions and if there are any easements etc on the property? Here in NSW you have to have the contract available to anyone as soon as you list the home for sale

  10. #29
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    They can have it available, but in a best offers by situation, it's all just based on an offer form so they can assess all offers in their entirety ($, settlement, deposit, subject to's).

    Then who ever 'wins' then signs the contract and a Form 1 which starts the cooling off period.

    Cooling off is 48 business hours and if you change your mind before those 48 hours you are let out of the contract and they would go back to the next best offer.

    So had it been done properly we would have had our offer assessed tonight. If we won it they would arrange to meet us to sign the contract and Form 1. When the seller signs the Form 1, cooling off starts. So essentially we could have until COB Thursday to change our mind and we wouldn't have yet paid a deposit.

    I always ask if there are any easements before we offer.

    The process really is in favour of the buyer in SA. Which I love when buying property but hate whenever we sell, we are always nervous until the cooling off ends and deposit paid

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    Wow yeah that's totally different to us! So technically this buyer could pull out so keep on the agent just in case!


 

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