Offer to purchase question

Great reading dude. Hope there's a happy ending at the end of it for you!
 
APoc184 said:
Then perhaps she shouldn't have put it in the market knowing it might sell quick.

Hoping for a favourable outcome for you.

Now that we are also going for our 2nd shot, I can only imagine the stress and anticipation of waiting for a good answer.

Keep us up to date.

Our latest OTP has an expiry of Wednesday 5 August 23h59. So our wait starts in about an hour when we drop off the signed docs at the agent.
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Let's hope the sellers don't take that long to make up their minds. You are keeping us on tenterhooks, APoc184. Midnight on Wednesday is a long time for us to wait.
But seriously, if yours is a clean offer, they would be silly not to grab it.
 
Marsie27 said:
Let's hope the sellers don't take that long to make up their minds. You are keeping us on tenterhooks, APoc184. Midnight on Wednesday is a long time for us to wait.
But seriously, if yours is a clean offer, they would be silly not to grab it.
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I thought I was going to have another sleepless night with yet another OTP signature hanging in the air.

But strange enough I had a great night's rest and wife and I are both extremely calm and at peace. What will be, will be!

Agent has 4 viewings scheduled for late afternoon today (and 2 for Sunday) but he said he will make sure to present our offer to the owners when they all have time to sit down.

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APoc184 said:
I thought I was going to have another sleepless night with yet another OTP signature hanging in the air.

But strange enough I had a great night's rest and wife and I are both extremely calm and at peace. What will be, will be!

Agent has 4 viewings scheduled for late afternoon today (and 2 for Sunday) but he said he will make sure to present our offer to the owners when they all have time to sit down.

giphy.gif
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I wouldn't be pushy about it but I'd ask the agent to at least inform the owner that there is a signed offer at x value on the table already... Even if it's just a phone call.
 
swakop_toe said:
Don't allow the agent to bully you.
In writing, notify her/him/it you won't offer more, in fact, you want to reduce the offer by Rxxxk and withdraw your offer that was not accepted.

And do it ASAP.
Standing in court trying to wriggle out of a written offer because you were to busy to let all parties know you have had a change of heart will not fly.

This is to cover your butt.
You already had a taste of the agent shenanigans.
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I despise most property agents. Bloody agents
 
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APoc184 said:
I thought I was going to have another sleepless night with yet another OTP signature hanging in the air.

But strange enough I had a great night's rest and wife and I are both extremely calm and at peace. What will be, will be!

Agent has 4 viewings scheduled for late afternoon today (and 2 for Sunday) but he said he will make sure to present our offer to the owners when they all have time to sit down.
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Why on earth would an agent withold your valid offer from the sellers? Surely only to see whether he can earn another buck by finding a buyer willing to offer more than you have. If I were the seller, and found out that the agent had done that, I'd be hopping mad.

The sellers should be told that you've put in an offer. After all, from the sellers' perspective, you came by, drank coffee with them and ate their cookies, seemed so nice, seemed very interested, shared your plans for the future in their home, and then disappeared. But this isn't the truth. If the agent won't, then you tell them.

Remember that sellers don't always sell to the person who put in the highest offer, but sometimes to the folks they feel will most appreciate the home they are sad to leave.
 
Gozado said:
Why on earth would an agent withold your valid offer from the sellers? Surely only to see whether he can earn another buck by finding a buyer willing to offer more than you have. If I were the seller, and found out that the agent had done that, I'd be hopping mad.

The sellers should be told that you've put in an offer. After all, from the sellers' perspective, you came by, drank coffee with them and ate their cookies, seemed so nice, seemed very interested, shared your plans for the future in their home, and then disappeared. But this isn't the truth. If the agent won't, then you tell them.

Remember that sellers don't always sell to the person who put in the highest offer, but sometimes to the folks they feel will most appreciate the home they are sad to leave.
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I can understand why he is still going to take the people for viewings that has been booked prior to us putting in the offer. Because even if it does get accepted we still need to get a bond approval from the banks. Which of course I believe we will have no problem with. And until we get a bond and accept it it is still only Pending Offer and not SOLD!
But if for some bizarre reason we get turned down, the agent probably wants to have other potential buyers lined up. No issue with that.

I'll be honest. I have no idea if he did in fact tell the owners he has a signed OTP and will discuss it with them tonight. Perhaps he did. He is ghosting us a bit this morning but I'm also to busy at work to take the time and try get an answer from him.

He did reassure us that our offer is the only one received. And even if he receives another, it is his ethical duty to present ours to the sellers first. Even if the other other offer is higher than ours.

But yeah... Ethical smethical!! We've seen in this very thread how agents only seem to do the ethical thing when it suits them.

We are still pretty calm about everything.
 
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APoc184 said:
I can understand why he is still going to take the people for viewings that has been booked prior to us putting in the offer. ....
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Yes, so can I, for all the reasons you mention, and for the extra buck. Why not, from the perspective of the agent.

APoc184 said:
I'll be honest. I have no idea if he did in fact tell the owners he has a signed OTP and will discuss it with them tonight. Perhaps he did.
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This is the part I don't understand. It's your offer. Why/how can you not know what is being done with it?

APoc184 said:
We are still pretty calm about everything.
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Good. But if I were in your shoes, I would still be sure to make sure that the sellers heard, directly from me, that I had put in an offer, and the date and time at which I had done so. I think that I'd want to look out for my interests, and that the seller has a right to know, quite independently of whatever the agent might be thinking, while withholding communication from either or both of you.
 
Gozado said:
Yes, so can I, for all the reasons you mention, and for the extra buck. Why not, from the perspective of the agent.


This is the part I don't understand. It's your offer. Why/how can you not know what is being done with it?


Good. But if I were in your shoes, I would still be sure to make sure that the sellers heard, directly from me, that I had put in an offer, and the date and time at which I had done so. I think that I'd want to look out for my interests, and that the seller has a right to know, quite independently of whatever the agent might be thinking, while withholding communication from either or both of you.
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Yeah, if you do know how to get in touch with the owners, this might be a good idea to get done... Especially if you have a possibly decent relationship with them @APoc184
 
Gozado said:
This is the part I don't understand. It's your offer. Why/how can you not know what is being done with it?


Good. But if I were in your shoes, I would still be sure to make sure that the sellers heard, directly from me, that I had put in an offer, and the date and time at which I had done so. I think that I'd want to look out for my interests, and that the seller has a right to know, quite independently of whatever the agent might be thinking, while withholding communication from either or both of you.
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Well bare with the home buyer noobs here. We are not always sure how these things work and what is allowed and what is not.
And this thread has taught us so much. And hopefully it also answers the questions so many others have about the same stuff. So here are all our mistakes/questions for all to see. And your and others' advice for all to see. And I/we appreciate each and every bit of input.

Our understanding is/was that everything has to go through the agent. And it would be frowned upon to privately contact the owners. I can see how it might cause problems and distrust in some situations.

We are not getting a rushed/pushy or dishonest vibe at all from the agent and he genuinely seems nice and understands we love the property. Call us suckers but we tend to trust that most people are good people and trustworthy. Yes, it can get us into sticky situations but we also don't want to go through life believing that everyone is out to get you! So we do believe he is doing what he can from his side to make the deal happen.
And we also know we are not his only customers/buyers so can't expect him to jump at any given moment.

I am running around like crazy at the office today with month end invoicing and switch overs in progress. So I am typing this in between phone calls and batch invoicing.
Will try and get hold of the agent and get more clarity from him regarding the process and what he has communicated to the owners so far.

I know first viewing is at 15h00 this afternoon.
 
APoc184 said:
Well bare with the home buyer noobs here. We are not always sure how these things work and what is allowed and what is not.
And this thread has taught us so much. And hopefully it also answers the questions so many others have about the same stuff. So here are all our mistakes/questions for all to see. And your and others' advice for all to see. And I/we appreciate each and every bit of input.

Our understanding is/was that everything has to go through the agent. And it would be frowned upon to privately contact the owners. I can see how it might cause problems and distrust in some situations.

We are not getting a rushed/pushy or dishonest vibe at all from the agent and he genuinely seems nice and understands we love the property. Call us suckers but we tend to trust that most people are good people and trustworthy. Yes, it can get us into sticky situations but we also don't want to go through life believing that everyone is out to get you! So we do believe he is doing what he can from his side to make the deal happen.
And we also know we are not his only customers/buyers so can't expect him to jump at any given moment.

I am running around like crazy at the office today with month end invoicing and switch overs in progress. So I am typing this in between phone calls and batch invoicing.
Will try and get hold of the agent and get more clarity from him regarding the process and what he has communicated to the owners so far.

I know first viewing is at 15h00 this afternoon.
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That would be a good start...

And in theory, everything should go through the agent but there is nothing stopping you going directly to the seller if you feel the agent is not representing you sufficiently.

As you have said, this is the biggest purchase you will have made so far, there should be nothing holding you back from pissing on the agents battery if the action will get you the result you want from the deal...
 
ToxicBunny said:
That would be a good start...

And in theory, everything should go through the agent but there is nothing stopping you going directly to the seller if you feel the agent is not representing you sufficiently.

As you have said, this is the biggest purchase you will have made so far, there should be nothing holding you back from pissing on the agents battery if the action will get you the result you want from the deal...
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Good advice thanks.

Asked wife to phone him and find out... I just can't find the time now.

Even this took me 10 minutes to type.
 
Not great news on my side.

Seller has pulled her house off the market. It turns out that after a month of having her house listed, and dicking us around when we put in an OTP, she hadn't planned properly, and would have nowhere to stay if she were to sell her house. This all despite us meeting her asking price.

Unfukkenbelievable...

:X3:
 
Napalm2880 said:
Not great news on my side.

Seller has pulled her house off the market. It turns out that after a month of having her house listed, and dicking us around when we put in an OTP, she hadn't planned properly, and would have nowhere to stay if she were to sell her house. This all despite us meeting her asking price.

Unfukkenbelievable...

:X3:
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Bloody hell. So sorry @Napalm2880.

That is so stupid from her.
 
APoc184 said:
Good advice thanks.

Asked wife to phone him and find out... I just can't find the time now.

Even this took me 10 minutes to type.
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I understand you're busy. Good that your wife will do something. I hope that the person she'll be phoning is the seller, not the agent.

In the spirit of many people learning from your process:
APoc184 said:
Our understanding is/was that everything has to go through the agent. And it would be frowned upon to privately contact the owners.
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ToxicBunny said:
And in theory, everything should go through the agent but there is nothing stopping you going directly to the seller if you feel the agent is not representing you sufficiently.
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I wonder whether there is any law or contractual clause which binds the buyer and the seller to communicate through the agent only.
 
Napalm2880 said:
Not great news on my side.

Seller has pulled her house off the market. It turns out that after a month of having her house listed, and dicking us around when we put in an OTP, she hadn't planned properly, and would have nowhere to stay if she were to sell her house. This all despite us meeting her asking price.

Unfukkenbelievable...

:X3:
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That must be soooo annoying! Really? Hadn't planned properly? Grrrrr....
As always in such stories, I wonder if that's the truth, that you were told, by the seller or by the agent.

Hope you soon find a property that suits you just as well, but with a sane seller.
 
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