Really fascinating. My neighbour sold her house to a landlord in a day for the full asking price. Im sitting waiting for the sucker punch. Hopefully there wont be one. But after one day i was concerned it was to eager on they're part.
Solicitors - yes - can make a huge difference. Lack of pro-activity on the legal side during the conveyancing process is often a major problem. I would particularly mention buying Leasehold (as opposed to Freehold) property. The terms and conditions of the Lease need to be fully understood and their future implications. The Lease is a legal document and if your solicitor is not experienced in Leasehold property, expensive mistakes can be made.
The desire to feel that you've got a good deal applies to both buyer and seller, obviously. This is why, unless the seller is desperate to sell quickly, you always market the property at 3-5% more than the seller will accept. This allows for negotiating room with both ending up feeling that they've done OK out of the deal. So if the seller will accept £500.000, you market at £515,000 - £525,000 depending on the seller's attitude and the Agent's view of the state of the market.
What’s the deal with estate agencies making phantom bookings ? We have had two bookings this evening and one was running late by 15 mins. They never turned up. The second one didn’t even turn up or make a phone call. This is the third booking from eight potential viewings.
Really fascinating. My neighbour sold her house to a landlord in a day for the full asking price. Im sitting waiting for the sucker punch. Hopefully there wont be one. But after one day i was concerned it was to eager on they're part.
Solicitors - yes - can make a huge difference. Lack of pro-activity on the legal side during the conveyancing process is often a major problem. I would particularly mention buying Leasehold (as opposed to Freehold) property. The terms and conditions of the Lease need to be fully understood and their future implications. The Lease is a legal document and if your solicitor is not experienced in Leasehold property, expensive mistakes can be made.
The desire to feel that you've got a good deal applies to both buyer and seller, obviously. This is why, unless the seller is desperate to sell quickly, you always market the property at 3-5% more than the seller will accept. This allows for negotiating room with both ending up feeling that they've done OK out of the deal. So if the seller will accept £500.000, you market at £515,000 - £525,000 depending on the seller's attitude and the Agent's view of the state of the market.
Fantastic videos guys, keep them coming!
More to come!
Thank you
You're welcome
What’s the deal with estate agencies making phantom bookings ? We have had two bookings this evening and one was running late by 15 mins. They never turned up. The second one didn’t even turn up or make a phone call. This is the third booking from eight potential viewings.
What about Offers Over ?
This article might help: www.moveiq.co.uk/advice/selling-offers-and-negotiations/accepting-offer-house/
I accepted an offer...and now regret it....can I retract