Dodgy Estate Agents AGAIN

[googler]

He doesn't.

Maybe the seller/owner wants to sell quickly at a lower price, as opposed to selling later (possibly) for a higher price, and hence doesn't want the EA to show it to anyone further... it's the owner's decision.

[steverobertsmith]

I had a similar exeperience with Franklyn James Estate Agents (in Limehouse). Really really bad to deal with!

[sablade]

for any new properties coming onto the market would you prefer to hear from your own agent first (as you are your agent's client)? or do you expect to hear the same time as every tom dick and harry? Perhaps this preferential buyer was cash with no chain, could exchange quickly and paying the full asking price? Dont forget any offer has to be submitted in writing to the vendor unless the vendor puts in writing to their agent they do not want any offer below a certain amount.

[semiproinvestorTim]

Great discussion - I'm finding it hard to make up my mind who I agree with as I keep on changing it every time I read one of your posts...

What I would say though, is that:

-If a seller accepts an offer his or her threshold has obviously been met in some way. There is no guarantee that a higher offer will come in or that the other offer will still be around once everyone has had a look in...

-When an estate agent approaches someone who has sold a property through them first they are giving their clients a professional curtesy that I would expect from any EA.

-The EA should nevertheless make sure, as a professional that they protect their seller's interest (and their commission) by obtaining the highest price possible for any given transaction.

Anyway, that's my grain of salt...

Tim

[FreeLocateMe.co.uk]

I can imagine this sort of thing is pretty frustrating and really it should be a first come first served situation but when there is a lot of people after the same house it is up to the EA to have the clients best interests in mind and advise them of the most suitable person to go for which can lead to potential buyers missing out!

[chris-sussex]

such a shame for the majority who are honest

[TomM123]

Dodgy estate agents - contact the Property Ombudsman, who will be able to help.

[OnTheLookOut]

I can fully understand you frustration. I sometimes get the feeling that some unscrupulous agents may offer the property to a friend first. But of course unless you have real proof of that, there's nothing much you can do.

[Danzo]

I had a terrible time with my Estate Agent in Canterbury when I sold my house. He told me he could get me a mortgage despite the fact I was on a low income, it turned out to be his own Brother, who runs a shark finance company. Luckily a good friend from a reputable Estate agent warned me and I blew them out.
Danzo

[propertydiamond]

To be honest I think some Estate Agents do get a house on the market and have a particular person in mind who they may know is looking for the specifics that this house has. It's not really fair if you are on their mailing list and not receiving property details, but I don't think there are any rules, as such, against it.