"Sold" boards should only be allowed after exhange of contract

Apr 17, 2004 44 Replies

Perhaps that was just graffiti. It's everywhere nowadays.

I don't like the sealed bids idea, though. I like to know the price before I decide to buy! Imagine a supermarket where the shelves were all stacked with tins of beans, sides of ham and so on, as per usual, and everyone queued up at the checkouts with envelopes in their hands!

However, the legally binding bit I DO like.

MM

Oh, that's given me a brilliant idea! What's to stop me from selling my house the Scottish way, using sealed bids? That's not much different, by the way, from an auction really, as in an auction no one has any real idea what the property will eventually go for.

MM

Doesn't he have a phone number though?

Mary

Er - have you honestly seen sides of ham on a supermarket shelf?

Mary

You said - and I have left your final paragraph unsnipped so you can see for yourself: "I feel it is being used as a kind of scam to force up the market and make would-be vendors believe that the agent in question must be doing a good job . . "

Seems pretty clear from this that you are blaming the agents for mis-representing the position rather than the buyers for pulling out. It is presumably the agents who are committing this alleged scam. I would have thought that your description of "scam" came closer to an accusation of fraud than my reference to "pretending".

FWIW - I hold no brief for estate agents - they're largely a bunch of skarks. I just happen to think that this whole thread is a storm in a teacup.

You don't have to bother reading it, much less replying with c&p.

Mary

LOL! Not QUITE the same thing ... :-)

Mary

That's a perfectly fair comment.

Like many others - I imagine - I only read posts whose title looks interesting, and only usually reply if I feel that I can contribute something useful.

Just occasionally, though, I reply to a post which I feel to be contentious. The opening post in this thread was one such!

Yes, I do the same.

contentious.

It's hard not to sometimes!

I don't think it was intended to be contentious, I didn't find it so.

Thank you for a courteous reply.

Mary

"Mike Mitchell" wrote | Oh, that's given me a brilliant idea! What's to stop me from | selling my house the Scottish way, using sealed bids?

Because under the English system they're not legally binding, so you cans till be gazundered.

It depends on the type of property, but with the larger property it's not uncommon for a deposit of say 5% to be requested with the offer, and the vendor places a similar deposit on escrow when accepting the offer, to be forfeited if either party subsequently pulls out.

Owain

"Mary Fisher" wrote | > | I saw a castle ruin with a large, painted "for sale" sign on its | > | walls in Galloway but there was no indication of a contact :-( | > It'll be the postmistress's husband's brother-in-law's nephew who | > went up to Edinburgh and came back with an LLB and airs and | >graces. It always is :-) | LOL! | Doesn't he have a phone number though?

You only get told that if you buy enough home-made fudge from the post-office!

Owain

Indeed. Horrid, watery stuff.

MM

That explains it. I don't eat fudge ... now tablet's another mtter ...

Mary

er - do you mean gazumped?

'gazunder' is an entirely different thing ...

Or, perhaps, you DID mean the same thing ...

Mary

In message , Mary Fisher writes

Yes, I emptied mine out this morning

But in my experience they don't seem very sealed. When buying last time, the agent 'accidentally' showed me the list of offers on screen when confirming my details and offer, good thing too otherwise I'd have lost it for ~£1k. Always helps to be nice to agents, lovely people the lot of them.

"Mike Mitchell" wrote | >> >Er - have you honestly seen sides of ham on a supermarket shelf? | >> Tins of ham, then! | >LOL! Not QUITE the same thing ... :-) | Indeed. Horrid, watery stuff.

As a child I took an instant dislike to what I named "plastic ham"

Owain

I was once given some in a restaurant which offered 'home cooked ham' and when I complained said that it WAS home cooked.

Quite apart from the look, smell and flavour, it came in oblong slices with nicely rounded corners. Why do they think they can fool you?

Mary

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