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How long does it take for the estate agent to get back to you?

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  • 13-06-2013 11:20am
    #1
    thebourke
    Registered Users Posts: 1,317 ✭✭✭


    I put a bid in on a house last Friday of 5,000 less than what they are looking for..the estate agent said he would get back to me...it's thursday and still no word....does it normally take this long?


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    #2
    the_syco
    Registered Users Posts: 37,301 ✭✭✭✭the_syco


    Some EA's are sh|t at their job, so yeah, it could be a while.


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    #3
    Marcusm
    Registered Users Posts: 10,325 ✭✭✭✭Marcusm


    Which piece of string did you pick out? Don't appear too anxious. Unless it's been in the market a while or he's undervalued it, you'll hear from any half way competent agent. After all, the diff between your offer and the asking is only €100 to him.


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    #4
    miezekatze
    Registered Users Posts: 1,341 ✭✭✭miezekatze


    It probably depends on the seller rather than the estate agent. Maybe they want to think about it for a bit longer, or they want to see if any more offers come in. If you don't hear from them by tomorrow, maybe follow up on it.


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    #5
    the world wonders
    Registered Users Posts: 489 ✭✭the world wonders


    miezekatze wrote: »
    If you don't hear from them by tomorrow, maybe follow up on it.
    Do not do this, chasing after them will put you at a disadvantage in the bidding process. They're letting you hang to see how keen you are.


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    #6
    khards
    Registered Users Posts: 214 ✭✭khards


    We had a similar problem, then the house suddenly went sale agreed without them getting back to us.
    We then chased the agent as they were selling the house to someone else (a friend) for less than we would pay.
    In the end we bid the other party up a good amount before pulling out as it would have been overpriced.

    So yes, do chase them up and hassle them.


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    #7
    stevedublin
    Registered Users Posts: 979 ✭✭✭stevedublin


    khards wrote: »
    We then chased the agent as they were selling the house to someone else (a friend) for less than we would pay.
    In the end we bid the other party up a good amount before pulling out as it would have been overpriced.

    Are you still friends with the other bidder?


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    #8
    khards
    Registered Users Posts: 214 ✭✭khards


    stevedublin wrote: »
    Are you still friends with the other bidder?

    They want it, they pay for it.

    I bid on lots of houses with no real intent on following it through. If I won a bid, then I would have to withdraw it.
    My tactics are to go up in small increments and pull out near self imposed imaginary limits :)


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    #9
    questionmark?
    Registered Users Posts: 3,074 ✭✭✭questionmark?


    khards wrote: »
    They want it, they pay for it.

    I bid on lots of houses with no real intent on following it through. If I won a bid, then I would have to withdraw it.
    My tactics are to go up in small increments and pull out near self imposed imaginary limits :)

    So you bid on houses that you don't want to buy causing somebody that wants the house to increase their bid and end up paying more for it than they should have?!


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    #10
    daithi1970
    Registered Users Posts: 515 ✭✭✭daithi1970


    khards wrote: »
    They want it, they pay for it.

    I bid on lots of houses with no real intent on following it through. If I won a bid, then I would have to withdraw it.
    My tactics are to go up in small increments and pull out near self imposed imaginary limits :)


    you, sir, are a <mod snip>


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    #11
    khards
    Registered Users Posts: 214 ✭✭khards


    I know :)

    some people get a kick out of anything..


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    #12
    StillWaters
    Closed Accounts Posts: 1,799 ✭✭✭StillWaters


    khards wrote: »
    I know :)

    some people get a kick out of anything..

    What kick do you get out of that? Do you feel you are getting one up on EAs or something. It's totally bizarre.


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    #13
    comanche_cor
    Registered Users Posts: 244 ✭✭comanche_cor


    the world wonders wrote: »
    Do not do this, chasing after them will put you at a disadvantage in the bidding process. They're letting you hang to see how keen you are.

    That is one side of it, the other side of it is that an offer has been put on and you want to find out if its been rejected / refused. If the OP knows how much they want to pay then they should just stick to their guns. The problem may be if the EA plays silly buggers and starts inventing bids ..


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    #14
    TheDriver
    Registered Users Posts: 12,508 ✭✭✭✭TheDriver


    you may find that they are hanging around to use your offer to get others involved. I never make an offer in the 1st 2-3 weeks of a house on show because they will use my bid to create business. I also hate being told that stuff has offers when its clear they don't. I would follow up but more on the notion that we're not hanging around with an open offer. One way of doing this is to ask to view another property with the same auctioneer?


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