Paul and Linda
25th February 2005, 10:45 PM
Hi All,
We are nearly ready to put our house on the market but we don't know if we should let the estate agents know that we are emigrating.
I wondered if it would be used as a barganing tool against us if the buyers knew.
What should I do? :uhoh
PS if you have the answer to that one, perhaps you could give me some advice on a similar line.....when do I let my boss know?
We were going to go for the day that the house went on the market, but I am taking roughly a day off per week as holiday at the moment in order to get the house sorted and I feel as though maybe I should explain...or not,
confused again! :?
Kim39
25th February 2005, 10:54 PM
Good question. We told estate agent our intentions, but the problem was telling potential buyers, even though we haven't really had many viewings since house went on market, i made the mistake of telling prospective buyers our plans, but this was in earlier stages of house going on market. I told them they had to play ball with us solely due to a time frame, it may have scared them off and i must admit i have been kicking myself ever since. :wah :no
So if it's worth it, keep your mouth shut to prospective buyers unless you have everything sorted so you can leave for NZ within a short time frame. As for agents i don't think it really matters because i don't think they tell interested buyers your intentions, only that there isn't a chain involved.
Kim
Diny
26th February 2005, 01:06 AM
As you know, we're selling our house (or trying to). We asked ourselves the same question when we put it on the market.
Decided that there was no way that we could stand and tell any prospective buyer some 'made up' tale about where we're going to. I for one would trip myself up on my words and make an idiot of myself. So - we decided to be honest but also to be very frank.
We haven't had a stampede of viewers coing through, but those we have had have ALL asked where we're moving to. We tell them NZ, they obviously then ask when.
This is where I may sound abit 'bolshy' towards them, but they are left with no doubts. I tell them that we're heading off as soon the house sells. However, we have a place to stay in the UK for any interim period (which we do), and that no flights will be booked until the last minute. We then tell them about the fictional situation that our fictional friend was in (i.e buyers dropping their offer by 10k minutes before contracts were to be exchanged 'cos they knew the vendors had flights booked and weren't in a position to refuse). We 'very politely' tell them that if that same situation arose with ourselves we would just cancel the deal and readvertise.
I know it sounds abit 'up front' but I can handle that. I know that between us, PB and I would make complete pratts of ourselves if we tried to tell some story that wasn't true.
Anyway ...... all we need now is some blighter to put an offer in on this place.
As for handng your notice in. Well I can't see that it's any different to resigning and going to a job down the road. As long as you work the required period of notice and continue to give 100% until your final 'clocking off'. But there again, if you have an employer who's been really good to you and you're very fond of him/her, maybe you should tell them as soon as possible and maybe help in the recruiting/interviewing of your replacement.
Phew .... this turned into a waffle.
Diny
wayne
26th February 2005, 03:47 AM
Yup we decided to play it cool we have told our estate agents that we will move out on completion so there will be no chain, they aked us where we are going , we just said we will rent in the same area and then decide.
We do not want to be in the position of having flights booked and then have buyers trying to knock us down
Miffy
26th February 2005, 03:48 AM
I've been trueful when we have had our few viewers through the door.
People always want to know why you are moving so we just said we are emergrating to NZ. I felt this gave us an advantage because we would not have an onward chain.
Wiggles
26th February 2005, 04:39 AM
Well we exchanged a couple of weeks back. Right from day one, we did tell everyone who came to view that we were going back to NZ. However, we did also say that my DH was a contractor, so his job was running on indefinitely and that he would only put in his notice when the house sold, which he did.
We were really fortunate that our buyers did not try to Gazunder (or whatever it's called) us on the day of completion.
I would tell people but make them aware that you are calling the shots, not them.
Good luck
Wiggles
Diny
26th February 2005, 04:45 AM
Wiggles
I think the word you're looking for is 'gazump'.
Gazunder is a 'pee pot' that 'goes under' the bed. This made me laugh - you are a nutter. :laugh :laugh :laugh
I agree ...... make sure everybody knows that you won't be held over a barrell .... it's the only way to go.
Wiggles
26th February 2005, 04:51 AM
Hi Diny
No - it is Gazunder :laugh Apparently it's a new thing that come out now that buyers are back in control since sales slumped. It's different to Gazumping - with Gazundering on the day of exchange, the buyers then says to the seller that they will only exchange contracts if they drop x amount off the price. It's a new trend that I read about in the paper last week. They were saying that more and more first time buyers are using this to try and get the seller to drop their price!
Awful I say :?
veronica
26th February 2005, 05:20 AM
perhaps its worth getting a precontract contract, bit like a prenup. agreement, any legal eagles out there know if its a possibility.
Diny
26th February 2005, 07:15 AM
Gazunder .... wll that's hilarious !! The word I mean - not the action.
Actually very clever when you think about it. I stand corrected on the new use of this good old word. And what a darn lousy practice it is too.
I'm afraid I'd still say 'no way' ..... you pay what we agreed or you don't have the house.
Gazunder ......... I love it !!!!! :nice1 :nice1 :nice1
Diny
Wiggles
26th February 2005, 07:23 AM
I agree - we would have said no way as well. Thankfully, it didn't happen to us. :nice1 I have heard that some immigrants have been really unfortunate. When the buyer knows the flights are booked .......... It really is a tough situation. I would still definitely walk away - I'd rather go and get another job than leave the UK knowing I had been stuffed :eek
© emigratenz.org. All Rights Reserved
vBulletin®
Copyright © Jelsoft Enterprises Ltd.