C2RL R
Member
Registered: 28th Mar 02
Location: Redcliffe, QLD
User status: Offline
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my house has just gone back on the market for the 8th time in 19 months due to more fucking timewasters. i'm getting very very annoyed with dick head potential buyers putting in offers and then pulling out a month or so later.
whats the script with asking for a deposit? i know i should discuss this with my estate agent but i wouldn't mind a bit of advice before i approach them.
am i legally entitled to ask for a deposit to hopefully deter timewasters? how much can i ask for and who holds onto the money?
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myke
Member
Registered: 7th Feb 01
Location: High Wycombe, Buckinghamshire
User status: Offline
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i should think legally you can do what you like as you don't even need an estate agent if you want to market the house yourself etc.
I'd be more concerned that you're going to put off potential buyers the minute you mention it.
You'd have to tell them the whole story i imagine to get a bit of sympathy, and not ask for a silly amount of money.
Don't forget that most first time buyers wouldn't actually be able to scrape together enough money to put down as a deposit as they've probably got the bare minimum required by the mortgage lender in the first place.
Have you been asking your agent to confirm there financial standing when you receive an offer?
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C2RL R
Member
Registered: 28th Mar 02
Location: Redcliffe, QLD
User status: Offline
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yes every time. they have backed out at various stages. some before the survey some after.
i've had all sorts of excuses. the most recent was that the buyers parents were paying the deposit but now they aren't. they wanted me to knock 10k off as that is how much they are short.
not sure if that is the truth or just bullshit people say to get money off. its pissing me off because everytime i agree to sell to these twats, my solicitors bill gets bigger and bigger. plus it makes it look as though the house has something wrong with it due to it going on and off the market so often.
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EarlofBarnet
Member
Registered: 26th Mar 04
Location: West Cumbria
User status: Offline
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Must be a proper headache, gutted for you. Maybe seek some independant advice from Citizens Advice, they should be able to give you the crack. Good luck!
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VegasPhil
Premium Member
Registered: 16th Jan 05
Location: Fareham, Hants Drives: Octavia VRS
User status: Offline
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Have you swapped agents yet?
Sounds a bit like a shit agent that is making up phoney offers 
There isn't anything you can do to make sure that they buy your house. They can pull anytime out up until exchange of contracts. Remember that they are losing money too for survey fees etc. Is anything coming up on the survey? Perhaps you should be prepared to chip a bit off the sale price or get the works done if it's bad?
Also worth remembering how much is out there at the moment. Rightmove stats say it's 1 buyer to every 15 houses at the moment. Couple that with desperate agents that NEED sale monies to be coming in, they'll do anything to get your buyer round to another house.
It's all pretty shit at the moment 
Corsa 2.0 16v Vegas - Sold
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VegasPhil
Premium Member
Registered: 16th Jan 05
Location: Fareham, Hants Drives: Octavia VRS
User status: Offline
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PS: I take it you've swapped agents during 19 months marketing? If not get that notice handed in
Make sure there isn't a gap in the marketing though, or you'll have to pay for a rip-off HIP pack.
Corsa 2.0 16v Vegas - Sold
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