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We had a buyer for our house and the estate agent said she was a cash buyer but..... two weeks later it worked out she did not have enough money (we had already dropped once and could not afford to go any lower) thus we lost our buyer and the house we wanted to buy (it actually worked out the house we wanted had been under offer by the same estate agent all along to someone else!) We still had 1 weeks contract with this estate who had lied to us and within that week they found us another buyer, they said she was cash and not in chain, we accepted her offer and finally found another property with another estate agent (our offer on this property was only excepted because we had no chain) But a month down the line we have found out our second buyer is actually in a chain and the chain has broken down so we may lose this property too. All because the estate agent lied to us again, we have been left with the extra costs of valuations etc what are our ritghts, do we have any...

2006-12-11 07:54:36 · 7 answers · asked by jeanwhitcher 2 in Business & Finance Renting & Real Estate

7 answers

yes you can report them to trading standards. DONT pay any money out and change estate agents. keep all documentation and emails etc for any evidence....good luck!

2006-12-11 07:58:47 · answer #1 · answered by big bird 3 · 0 0

God I had that carry on, I sacked the estate agents and found myself a tenant and a buyer to purchase the property for the same amount I was being offered from viewers from the estate agents!! They are a waste of money, I haven't paid them anything, that was 4 weeks ago and they haven't sent any bill, I told them I wasn't happy with their service. x

2006-12-11 08:12:48 · answer #2 · answered by RUTH M 3 · 0 0

1) Get another Agent FAST. 2) complain to the agent's broker 3) Call the Real Estate Commission in your state.
You keep saying "Estate Agent" and "chain". Are you in the US?

2006-12-11 07:58:56 · answer #3 · answered by Anonymous · 0 0

Was there any money put down on the two offers? Usually before accepting an offer you should have the purchaser place money down called earnest money. This is usually 1-2% of the puchase price. If they fail on their end of the deal, and you have taken your house of the market then you are entitled to this money. I would get a new agent and report the others.

2006-12-11 08:40:43 · answer #4 · answered by Ron B 3 · 0 0

Stop useing agents and sell yourself. If I wanted to sell my house right now, I would simply put a For Sale sign on it, if someone asked me how much do I want, I would say $150k, they can sell and resell and skim and scam all they want, I will get my 150k, and then buy another house cash from the owner.
Call or contact whatever Agency is in charge of Taxes, Titles, Land and Property, hire an attorney, and you can make some noise, you may even get some satisfaction.

2006-12-11 08:11:28 · answer #5 · answered by Anonymous · 0 0

Contact whoever regulates the real estate agents in your area (state, country...) If this happened in Texas, the Realtor would possible be losing his license and going to prison.

2006-12-11 08:01:37 · answer #6 · answered by teran_realtor 7 · 0 0

NOTHING IS GUARANTEED IN THIS LIFE .IT'S NOT OVER TILL THE FAT LADY SINGS AND ALL THAT JAZZ, ESTATE AGENTS ARE THE SPAWN OF SATAN, OR SO THEY SAY RENT RENT OR IS THAT RANT.

2006-12-11 08:05:11 · answer #7 · answered by needtoknow 2 · 0 0

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