I have recently seen a property I like for which after 2 viewings I put in an offer which was accepted by the vendor. I have a written copy of this.
The vendor days after my offer changed estate agents, (contract finished I assume & she did tell me of her move to new agent) Now the new agent appears to only want me on their books & am still waiting to view the house again. Will the vendor have to pay both agents, as I was an interested party with the former agent? Not my problem!
As they know of my previous offer I am begining to think they are stalling & trying to sell property to another buyer.
Any views?
The first agent will have ensured that their terms demand a commission to be paid based on the date of introduction of you as a buyer. This is simple commercial practise by estate agents. So the vendor has no reason to change agents, and the conclusion is they are messing you round and looking for a better offer. Strangely, a possible ally for you is the first...
I believe if you are in scotland, an accepted offer is legally binding. IF you are in the UK, why don't you just ask the vendor. If you are not desperate for the house them put a time limit on your offer, do it in writing, otherwise if they are messing you about, just walk and start again. I do think it sounds slightly odd to change agent after accepting an offer if you intend to go ahead with the sale.
The first agent will have ensured that their terms demand a commission to be paid based on the date of introduction of you as a buyer. This is simple commercial practise by estate agents. So the vendor has no reason to change agents, and the conclusion is they are messing you round and looking for a better offer.
Strangely, a possible ally for you is the first agent who stands to make nothing unless you proceed with the deal.
Through this first agent you could demand to know what is going on and that the property be withdrawn from the market.
If they won't do it, you've lost the current deal.
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