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Furniture

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  • 08-05-2014 7:58pm
    #1
    natali1982
    Registered Users Posts: 115 ✭✭


    Hi. We are looking to buy an apartment. Price now is at 22% above asking. Agent several times confirmed that furniture is included in the price. Today however he rang and said that furniture & appliances are included in sale but will be priced separately. Is this normal? Who will set price? Thanks so much


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    #2
    handlemaster
    Registered Users Posts: 6,003 ✭✭✭handlemaster


    natali1982 wrote: »
    Hi. We are looking to buy an apartment. Price now is at 22% above asking. Agent several times confirmed that furniture is included in the price. Today however he rang and said that furniture & appliances are included in sale but will be priced separately. Is this normal? Who will set price? Thanks so much


    Furniture secondhand is really not worthmuch. Tell him it was agreed when put in offer. I wouldn't sweat the small stuff over the furniture.


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    #3
    No Pants
    Closed Accounts Posts: 3,347 ✭✭✭No Pants


    natali1982 wrote: »
    Agent several times confirmed that furniture is included in the price.
    Was it ever confirmed in writing?


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    #4
    natali1982
    Registered Users Posts: 115 ✭✭natali1982


    It has never been confirmed in writing. I'm afraid agent wants to squeeze even more eur from us. So disapponted with the whole process.


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    #5
    No Pants
    Closed Accounts Posts: 3,347 ✭✭✭No Pants


    natali1982 wrote: »
    It has never been confirmed in writing. I'm afraid agent wants to squeeze even more eur from us. So disapponted with the whole process.
    Has he explained this change to you?


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    #6
    natali1982
    Registered Users Posts: 115 ✭✭natali1982


    No Pants wrote: »
    Has he explained this change to you?

    No explanation, he just said furniture will be priced separately. Bidding will most likely be finalised tomorrow. He should advise furniture price before we pay deposit right?


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    #7
    No Pants
    Closed Accounts Posts: 3,347 ✭✭✭No Pants


    natali1982 wrote: »
    No explanation, he just said furniture will be priced separately. Bidding will most likely be finalised tomorrow. He should advise furniture price before we pay deposit right?
    I'd consider pulling out altogether. I certainly would not be in any hurry to proceed.


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    #8
    natali1982
    Registered Users Posts: 115 ✭✭natali1982


    Well I believe that's exactely what he wants and expects. I got an impression he knows the other bidder and wants to secure a deal for him. We'll see what happens 2morrow.


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    #9
    No Pants
    Closed Accounts Posts: 3,347 ✭✭✭No Pants


    natali1982 wrote: »
    Well I believe that's exactely what he wants and expects. I got an impression he knows the other bidder and wants to secure a deal for him. We'll see what happens 2morrow.
    22% over the asking price isn't much of a deal. At the very least, when the furniture price comes in, I'd be reducing my property bid by a matching amount.


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    #10
    natali1982
    Registered Users Posts: 115 ✭✭natali1982


    Thanks for this. Bidding has been on for over a month and after numerous follow ups he finaly decided to wrap it up by end of this week.


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    #11
    ABajaninCork
    Closed Accounts Posts: 8,411 ✭✭✭ABajaninCork


    I wouldn't bother with the furniture at all, unless it was new and of a decent standard. Which I seriously doubt. Get your own stuff - at least you know where it's been! ;)

    Ask the agent what the price of the furniture is, and match that price accordingly.


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    #12
    natali1982
    Registered Users Posts: 115 ✭✭natali1982


    natali1982 wrote: »
    Thanks for this. Bidding has been on for over a month and after numerous follow ups he finaly decided to wrap it up by end of this week.

    To clarify - final viewing was over a month ago so alltogether this has been dragging for over two months :(


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    #13
    No Pants
    Closed Accounts Posts: 3,347 ✭✭✭No Pants


    natali1982 wrote: »
    To clarify - final viewing was over a month ago so alltogether this has been dragging for over two months :(
    See if you can drag it out a little longer, then pull out.


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    #14
    natali1982
    Registered Users Posts: 115 ✭✭natali1982


    No Pants wrote: »
    See if you can drag it out a little longer, then pull out.

    Why is that?


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    #15
    No Pants
    Closed Accounts Posts: 3,347 ✭✭✭No Pants


    natali1982 wrote: »
    Why is that?
    Because the agent is trying to gouge you.


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    #16
    The_Conductor
    Moderators, Society & Culture Moderators Posts: 32,285 Mod ✭✭✭✭The_Conductor


    No Pants wrote: »
    Because the agent is trying to gouge you.

    If its in the greater Dublin or Cork areas- the agent will achieve the prices he imagines he is going to get.......... Be careful- its not a buyers market.


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    #17
    murphaph
    Registered Users Posts: 19,022 ✭✭✭✭murphaph


    He probably just means the furniture will be paid for separately. This is common practice to avoid paying stamp duty and conveyancing costs on furniture.


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    #18
    ted1
    Registered Users Posts: 23,535 ✭✭✭✭ted1


    natali1982 wrote: »
    No explanation, he just said furniture will be priced separately. Bidding will most likely be finalised tomorrow. He should advise furniture price before we pay deposit right?
    No, they are seperate things altogether


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    #19
    No Pants
    Closed Accounts Posts: 3,347 ✭✭✭No Pants


    I would not pay a deposit until it is made entirely clear exactly what you are getting for your money.

    Where is your solicitor in all this?


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    #20
    Eldarion
    Registered Users Posts: 484 ✭✭Eldarion


    You're getting gouged and by the sounds of it you won't be able to do much about it. You can try to say you don't want the furniture and this is your bid ex furniture, but the seller mightn't want the hassle of moving it/disposing it or selling it on so will just take any higher bid that does include the furniture. It's a nice little way for them to squeeze and pad a little more on to the sale price.

    These are the signs of a sellers' market.


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    #21
    whippet
    Registered Users Posts: 7,687 ✭✭✭whippet


    Eldarion wrote: »
    You're getting gouged and by the sounds of it you won't be able to do much about it. You can try to say you don't want the furniture and this is your bid ex furniture, but the seller mightn't want the hassle of moving it/disposing it or selling it on so will just take any higher bid that does include the furniture. It's a nice little way for them to squeeze and pad a little more on to the sale price.

    These are the signs of a sellers' market.

    +1

    Furniture that sellers leave behind is usually rubbish ... just easier to leave it there than dump it.


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    #22
    L1011
    Registered Users Posts: 68,892 ✭✭✭✭L1011


    murphaph wrote: »
    He probably just means the furniture will be paid for separately. This is common practice to avoid paying stamp duty and conveyancing costs on furniture.

    Definitely looks that way, but the savings these days are tiny - If they claim all the kit is worth 5k its going to save the buyer €50 and the seller a similar pittance. Unless the place is selling for 999,950 or so...


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    #23
    delop
    Registered Users Posts: 490 ✭✭delop


    Tell the agent, thats great you dont want the furniture, remove it all. I reckon that could be more of a pain than fighting over the price , they might throw it in then...


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    #24
    natali1982
    Registered Users Posts: 115 ✭✭natali1982


    An update - Last Friday EA was supposed to finalise sale. Of cous we didn't hear from him until we called at 6 pm. He said other party raised bid by 1 k so we raised for another one (total 184 k). On Monday afternoon he advised current bid is 185 k and we said we'll call him next morning should we decide to raise again. We called this morning just to find out property went SALE AGREED. Unbeliveable attitude folks!

    Can please somebody advise if EA have to be involved in property sale by law? I've never seen an add on Adverts, ebay.ie etc.

    Bit sad but at least saga is over.


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    #25
    Eldarion
    Registered Users Posts: 484 ✭✭Eldarion


    natali1982 wrote: »
    An update - Last Friday EA was supposed to finalise sale. Of cous we didn't hear from him until we called at 6 pm. He said other party raised bid by 1 k so we raised for another one (total 184 k). On Monday afternoon he advised current bid is 185 k and we said we'll call him next morning should we decide to raise again. We called this morning just to find out property went SALE AGREED. Unbeliveable attitude folks!

    Can please somebody advise if EA have to be involved in property sale by law? I've never seen an add on Adverts, ebay.ie etc.

    Bit sad but at least saga is over.

    EAs do not have to be involved at all. Private sales happen all the time.


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    #26
    o1s1n
    Registered Users Posts: 34,951 ✭✭✭✭o1s1n
    Master of the Universe


    natali1982 wrote: »
    An update - Last Friday EA was supposed to finalise sale. Of cous we didn't hear from him until we called at 6 pm. He said other party raised bid by 1 k so we raised for another one (total 184 k). On Monday afternoon he advised current bid is 185 k and we said we'll call him next morning should we decide to raise again. We called this morning just to find out property went SALE AGREED. Unbeliveable attitude folks!

    Can please somebody advise if EA have to be involved in property sale by law? I've never seen an add on Adverts, ebay.ie etc.

    Bit sad but at least saga is over.

    Sorry to hear that. I know how draining it is chasing these things over the course of months :(

    It does sound like there was something else going on that you weren't privy to. Might have dodged a bullet there!


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    #27
    natali1982
    Registered Users Posts: 115 ✭✭natali1982


    Eldarion wrote: »
    EAs do not have to be involved at all. Private sales happen all the time.

    I see. So where are all these ads? I would very much prefer to deal with seller directly. In our case it proved that EA doesn't work in seller's or buyer's interest so nobody wins except him.


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    #28
    Eldarion
    Registered Users Posts: 484 ✭✭Eldarion


    natali1982 wrote: »
    I see. So where are all these ads? I would very much prefer to deal with seller directly. In our case it proved that EA doesn't work in seller's or buyer's interest so nobody wins except him.

    Well advertising is where an EA would come in. That's not to say private sales aren't advertised, just that you stand a far less chance of seeing them. Private sales generally happen between a buyer and seller who already know each other and so don't need an EA to connect a given buyer with a given seller.


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