+ Reply to Thread
Page 4 of 5 FirstFirst ... 2345 LastLast
Results 31 to 40 of 46
  1. #31
    Join Date
    May 2013
    Posts
    7,854
    Thanks
    5,066
    Thanked
    4,446
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 postsAmethyst Star - 5,000 posts
    Awards:
    Busiest Member of the Week - week ended 17/4/15100 Posts in a week
    Quote Originally Posted by Elijahs Mum View Post
    Wow yeah that's totally different to us! So technically this buyer could pull out so keep on the agent just in case!
    Exactly! So I have asked the agent to call me no matter what happens. I'm very interested to see what offer they accepted.

  2. #32
    Join Date
    May 2013
    Posts
    7,854
    Thanks
    5,066
    Thanked
    4,446
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 postsAmethyst Star - 5,000 posts
    Awards:
    Busiest Member of the Week - week ended 17/4/15100 Posts in a week
    Quote Originally Posted by A-Squared View Post
    Exactly! So I have asked the agent to call me no matter what happens. I'm very interested to see what offer they accepted.
    Well they did their sellers out if $12,000! They got the top of the advertised range - $430,000 we had on our offer form $442,600! Idiots!

  3. #33
    Join Date
    Jul 2010
    Posts
    10,309
    Thanks
    3,126
    Thanked
    6,314
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 postsAmethyst Star - 5,000 postsEmerald Star - 10,000 posts
    The agent is just lazy and did a quick sale to benefit themselves and not their owner! Yes the owners might be happy with the price but they were probably never told there were other buyers

    Just keep a mental note if that agent gets another house you want ask them for a copy of the contract ( so you have the owners and solicitors details ) and confirm with them via email ( cc the solicitor) that you will be submitting an offer on the day they specified

  4. The Following User Says Thank You to Elijahs Mum For This Useful Post:

    A-Squared  (07-08-2015)

  5. #34
    Join Date
    May 2013
    Posts
    7,854
    Thanks
    5,066
    Thanked
    4,446
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 postsAmethyst Star - 5,000 posts
    Awards:
    Busiest Member of the Week - week ended 17/4/15100 Posts in a week
    Quote Originally Posted by Elijahs Mum View Post
    The agent is just lazy and did a quick sale to benefit themselves and not their owner! Yes the owners might be happy with the price but they were probably never told there were other buyers

    Just keep a mental note if that agent gets another house you want ask them for a copy of the contract ( so you have the owners and solicitors details ) and confirm with them via email ( cc the solicitor) that you will be submitting an offer on the day they specified
    This has unfortunately been my experience with almost any property we have ever taken an interest in. Even an agent we sold with. Wanted a quick sale and to move on.

    This moron told me it was because it was a cash buyer with a good settlement that suited the seller. The whole cash buyer thing annoys me - what do they think the rest if us are paying them in? Peanuts? Gift vouchers!? Our settlement would have been 30 days, I'm pretty sure the sellers wouldn't have been paying $12,000 in interest over that month.

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

    yadot  (07-08-2015)

  7. #35
    Join Date
    Jul 2010
    Posts
    10,309
    Thanks
    3,126
    Thanked
    6,314
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 postsAmethyst Star - 5,000 postsEmerald Star - 10,000 posts

    Default WWYD -Property Question

    Vendors wanting a quick sale is fine but I highly doubt they would mind waiting what an extra 12 hours for $12,000! I think they mean cash as in they don't need finance so no bank loans , which really if your signing an unconditional contract you would have your finance sorted so not that big a bonus , it may save a week or 2 in settlement as there is no bank to wait on

  8. The Following User Says Thank You to Elijahs Mum For This Useful Post:

    A-Squared  (07-08-2015)

  9. #36
    BH-KatiesMum's Avatar
    BH-KatiesMum is offline Community Manager
    Winner 2008 - The most optimistic poster
    Winner 2014 - Most Helpful Moderator
    Join Date
    Oct 2007
    Location
    Perth WA
    Posts
    22,404
    Thanks
    5,372
    Thanked
    5,811
    Reviews
    3
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 postsAmethyst Star - 5,000 postsEmerald Star - 10,000 postsRuby Star - 15,000 postsDiamond Star - 20,000 posts
    Awards:
    Past Moderator
    200 Posts in a week100 Posts in a week
    actually I have found offering cash (so no subject to finance clause) is a big thing with properties ...

    here in WA anyway. A Lot of offers fall over due to lack of finance so many agents/sellers will take a lower cash offer that is unconditional than a higher offer subject to finance.

    When you are talking to the agents about putting in an offer, make sure they understand that any offer you put in will be 'cash' it goes a long way

  10. #37
    Join Date
    Mar 2009
    Posts
    1,465
    Thanks
    575
    Thanked
    597
    Reviews
    0
    Achievements:Topaz Star - 500 posts
    Quote Originally Posted by A-Squared View Post
    Well they did their sellers out if $12,000! They got the top of the advertised range - $430,000 we had on our offer form $442,600! Idiots!
    I'm so angry for you! And the sellers! If the RE agent had done their job properly, that house most likely would have been yours. That is sooo much money for the sellers to miss out on. If I were you I'd want to give that RE agent a peace of my mind!

  11. #38
    Join Date
    May 2013
    Posts
    7,854
    Thanks
    5,066
    Thanked
    4,446
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 postsAmethyst Star - 5,000 posts
    Awards:
    Busiest Member of the Week - week ended 17/4/15100 Posts in a week
    Quote Originally Posted by My Beloved Ones View Post
    I'm so angry for you! And the sellers! If the RE agent had done their job properly, that house most likely would have been yours. That is sooo much money for the sellers to miss out on. If I were you I'd want to give that RE agent a peace of my mind!
    He was being really short and cot with me in the phone. I actually hung up on him. So over it!!

    I understand the risk of finance potentially not going through, but not at the expense of getting more money from the sale??? Not what I would do.

    At the end of the day had the agent been honest and transparent from the start - at the open say sorry it was too late to take the open off the online ad, we have a cash offer with a short settlement in place already, sorry you took the time to come and view the property given it's already under contract.... Then I wouldn't have had a problem.

    Does he really think that treating people like imbeciles and mucking them around will make them want to hire him to sell their property??? Uh hell no!

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

    BH-KatiesMum  (07-08-2015)

  13. #39
    Join Date
    Jul 2010
    Posts
    10,309
    Thanks
    3,126
    Thanked
    6,314
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 postsAmethyst Star - 5,000 postsEmerald Star - 10,000 posts
    Which is why usually those kind of agents leave the industry after a few years, if you get a bad reputation you won't get repeat /referral business and you can't survive , all the locals will know what your like - unfortunately for the few years they are in business it gives all of us a bad name

  14. The Following User Says Thank You to Elijahs Mum For This Useful Post:

    BH-KatiesMum  (07-08-2015)

  15. #40
    Join Date
    Feb 2014
    Posts
    3,198
    Thanks
    312
    Thanked
    960
    Reviews
    13
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 posts
    I'm sorry it was frustrating for you for the record as a seller we opted for a cash buyer ( rather than waiting for extra 10k) when we sold. We knew we could wait and potentially get an extra 10k however the property was vacant and we were staging it. Rental of furniture was $1000 every 6 weeks, and loan repayments were 2k a month ( add rates/water/body corp lets just say 3k a month).
    Our properties target market was first home owners and in our area they typically want a minimum 60 day settlement with a 21-28 day finance clause. In all honesty we looked at it and went bird in hand is worth two in the bush, potentially if we waited whilst the sale price would have been better we may only be a few k overall better off. Add the fact in our situation we wanted it sold in that financial year


 

Similar Threads

  1. WWYD - Work Question
    By Frankenmum in forum Working Hubbers - Employed
    Replies: 29
    Last Post: 25-09-2015, 20:11
  2. WWYD.. Tenant question
    By monnie24 in forum General Chat
    Replies: 14
    Last Post: 22-05-2015, 21:19
  3. Baby Shower Question WWYD
    By kiwimum890 in forum General Parenting Tips, Advice & Chat
    Replies: 41
    Last Post: 16-11-2014, 07:44

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
free weekly newsletters | sign up now!
who are these people who write great posts? meet our hubbub authors!
Learn how you can contribute to the hubbub!

reviews
learn how you can become a reviewer!

competitions

forum - chatting now
christmas gift guidesee all Red Stocking
Fridge-To-Go Australasia
Xmas with a NEW Fridge-to-go Lunch Bag! Fridge-To-Go Australasia
Fridge-to-go 8 hour cooler bags are ideal under the Christmas tree! Now in modern lunch bag designs - fill them with toys and chocolate to make parents and kids happy! Stay super cool and eat healthy and fresh food all summer long!
sales & new stuffsee all
Pea Pods
Buy 2 Award Winning Pea Pods Reusable One Size Nappies for only $38 (in your choice of colours) and receive a FREE roll of Bamboo Liners. Don't miss out, we don't usually have discounts on the nappies, so grab this special offer!
Special Offer! Save $12
featured supporter
Cots on Bubhub
Looking to buy a cot or bassinet? :: Cot safety checklist :: Local or online nursery shops
gotcha
X

Pregnant for the first-time?

Not sure where to start? We can help!

Our Insider Programs for pregnancy first-timers will lead you step-by-step through the 14 Pregnancy Must Dos!