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Making offers when sale agreed

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  • 01-06-2017 4:15pm
    #1
    sheep1234
    Registered Users Posts: 8 ✭


    Hi all

    Just had a question on putting offers on properties when sale agreed on your own home.

    I've sold my home, deposit has been paid by the buyer and it's now with our solicitors.

    However, when I am viewing other homes I now wish to buy and putting in an offer I find estate agents won't take the offer seriously. Is this the norm? The buyer on my place is a cash buyer with no mortgage so it's likely the sale will proceed.

    One agent said to me, I won't accept any offer from you unless you have the got the money from your sale in your account.

    As expensive as renting is at the moment in Dublin, I was hoping to only have a few weeks between both sales, but maybe that's not possible.

    Thanks all


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    #2
    Dee01
    Registered Users Posts: 261 ✭✭Dee01


    This happened me as well. I was sale agreed and all ready to go when I found the dream house. We were willing to offer 20k over the high bidder, but the estate agent wouldn't entertain us. We lost the house as a result. It seems to be getting more and more the norm as estate agents don't want to get involved in any chain.


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    #3
    Cordell
    Registered Users Posts: 5,970 ✭✭✭Cordell


    Yes, because they are representing the seller and they are motivated to close the record as soon as possible without any hassle. You went 20k over on a sale agreed house, what happens if you get a similar offer on your sale agreed?


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    #4
    Grawns
    Registered Users Posts: 2,169 ✭✭✭Grawns


    sheep1234 wrote: »
    Hi all

    Just had a question on putting offers on properties when sale agreed on your own home.

    I've sold my home, deposit has been paid by the buyer and it's now with our solicitors.

    However, when I am viewing other homes I now wish to buy and putting in an offer I find estate agents won't take the offer seriously. Is this the norm? The buyer on my place is a cash buyer with no mortgage so it's likely the sale will proceed.

    One agent said to me, I won't accept any offer from you unless you have the got the money from your sale in your account.

    As expensive as renting is at the moment in Dublin, I was hoping to only have a few weeks between both sales, but maybe that's not possible.

    Thanks all

    Explain your situation to your solicitor and see can they negotiate a caretaker agreement with your buyer. You could threaten to pull out if they don't agree and look for a buyer who will oblige you .


  • Options
    #5
    Grawns
    Registered Users Posts: 2,169 ✭✭✭Grawns


    sheep1234 wrote: »
    Hi all

    Just had a question on putting offers on properties when sale agreed on your own home.

    I've sold my home, deposit has been paid by the buyer and it's now with our solicitors.

    However, when I am viewing other homes I now wish to buy and putting in an offer I find estate agents won't take the offer seriously. Is this the norm? The buyer on my place is a cash buyer with no mortgage so it's likely the sale will proceed.

    One agent said to me, I won't accept any offer from you unless you have the got the money from your sale in your account.

    As expensive as renting is at the moment in Dublin, I was hoping to only have a few weeks between both sales, but maybe that's not possible.

    Thanks all

    Explain your situation to your solicitor and see can they negotiate a caretaker agreement with your buyer. You could threaten to pull out if they don't agree and look for a buyer who will oblige you .


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