am i being fooled???
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Category: General Chat
Forum Name: General Chat
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URL: https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=29611
Printed Date: 04 October 2025 at 2:59am
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Topic: am i being fooled???
Posted By: BaAsKa
Subject: am i being fooled???
Date Posted: 28 October 2009 at 7:54pm
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i had a call from a real estate agent this arvo, she said she had someone approach her saying they were very interested in buying my other house (the one i inherited from my mum not the one i live in)....shes coming to see me about it tomorrow....its currently not on the market...
i told my sister who then spoke to her real estate agent client who said that's a typical RA tactic and she probably doesn't even have anyone!!! 
Is this true??? do they actually do that!!!?? 
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Replies:
Posted By: Gardengirl
Date Posted: 28 October 2009 at 8:06pm
| I don't know how it would work here but if it was in the UK I would be saying "fine, send these clients round, but sign me up for a one-off only and charge me a greatly reduced fee for this one-off introduction as you won't be needing to market the house". I think if it's genuine (and it may be) then you should try to take advantage to negotiate some excellent terms. |
Posted By: myfullhouse
Date Posted: 28 October 2009 at 8:23pm
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I hope that this isn't insensitive but can I assume that the house would be termed a "deceased estate"? It is possible that the agent spotted this and is trying to get in before any other agents as they would be assuming that you want the house sold. When we recently sold our house the one over the road became a "deceased estate" and although our real estate agent was lovely he did become quite interested in the property over the road.
You could look into it if you are interested in selling but it would be best to avoid signing anything too soon ------------- Lindsey 
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Posted By: High9
Date Posted: 28 October 2009 at 8:29pm
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It might turn out to be not true. Similar thing happened to my grandparents, they got a letter in the post first though from someone advertising that they are a real estate agent and can sell our house if we are interested, then he rang up and said he had someone interested, even though they made it blatantly clear they didn't want to sell the real estate agent kept saying he had people interested in buying the house. ------------- http://lilypie.com"> 
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Posted By: Babykatnz
Date Posted: 28 October 2009 at 8:32pm
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FIL has been approached recently and told the very same thing... he gave them some over the top figure as to what he wants for the house (he was far from ready to sell considering MIL had only been gone about 3-4 months!) Funnily enough, he hasnt heard from them since! I reckon its just a tactic to try and get ahead of other RA's to score extra commission etc... ------------- Brandon - 05/12/2003  
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Posted By: BaAsKa
Date Posted: 28 October 2009 at 8:34pm
yip its a deceased estate (not sure if it makes a difference to how its termed but the house is freehold so doesn't "HAVE" to be sold). we did wonder if this RA had found that out so is trying to ham in early! (the estate has only just settled this week!!!). If there is no legit buyer then i wont be putting it on the market for another 6 months or so, so she will be sorely disappointed! |
Linzy wrote:Posted By: MummyFreckle
Date Posted: 28 October 2009 at 8:36pm
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I would say be warey, but it did happen to us. We had an agent knock on our door in a house that we had only owned for a year and were in the process of renovating, he said he had people interested in the house and were we intested in selling? At the time we didnt think we wanted to. We talked about it and said okay lets make up a number and give it to him and see what happens. Basically they came back with an offer pretty close to our dream number (at the time) and we sold it. We paid NO real estate fees, as we did not engage the agent. It was effectively a private sale. I just wanted to add a positive story....it does happen sometimes! ------------- http://lilypie.com">  http://lilypie.com">
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Posted By: Peanut
Date Posted: 28 October 2009 at 8:40pm
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I work within Real Estate and you will find some use this as a ploy to get early listings on houses but there are also some who have genuine buyers interested in particula houses that will only go thru agents.
There is no harm in meeting with the agent as you are but just ask why the clients are interested in your property and how they found out about it. It may be that it is common knowledge in the town or area and some buyer is wanting to get in before others or else th agent is wanting to get in before others. -------------  
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Posted By: hannibal
Date Posted: 28 October 2009 at 8:56pm
| Hi, I'm also involved in the RE unfortunately it could be a ploy - but there are also honest agents out there too! Our company doesn't sit and read the death notices to get a foot in the door our estate listings generally come thru The Public Trust (for example). She may generally have some one interested no harm in having a word - have other properties sold in the area recently? she may have a buyer who missed out on that property. |
Posted By: Turtle
Date Posted: 29 October 2009 at 9:03am
| Another postive story, my Aunty had someone approach her to buy her house while it wasn't on the market, they sold it to the people within a few days. I'm not sure if it was through an agent though... |
Posted By: BaAsKa
Date Posted: 29 October 2009 at 9:26am
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thanks ladies, I'm glad to hear that it is sometimes legit....
I really haven't noticed the houses for sale around here. Its a small town and it was known around town that my mum had died because there was a bit of a drama behind it. about 2 years ago my mum was approached by a couple who wanted to buy her house but mum said no because she didn't want to sell...this couple ended up buying the house a few doors down. My DH said they might also be after her house because its one of the only houses around that area that has a very large section for subdividing - i cant remember how big it is but my house (i live in) is 800sqm and mums section is close to twice the size. I guess il find out this arvo when i see her....bit nervous about it actually
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Posted By: kebakat
Date Posted: 29 October 2009 at 10:02am
| When she comes around just make it clear from the outset that what you want. Like if you dont want to list now make sure you get in first and say I'd just like to say that I'm not looking to list this property however would listen to any potential offer and consider it. If you get in first then it states your intentions from the outset and you won't get her pressuring you to try and list it. |
Posted By: caliandjack
Date Posted: 29 October 2009 at 10:13am
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Don't agree to anything your not happy with REA's are sales people its their job to get you to list your property with them I've had a bit to do with the industry over the last year and integrity is pretty thin around RE. ------------- http://lilypie.com" rel="nofollow">   [/url] Angel June 2012 |
Posted By: Peanut
Date Posted: 29 October 2009 at 11:05am
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Thats a big call mrsg1! I think it depends on the agency and management within the company and office that determines what is and isn't acceptable.
Reading the death notices etc and hounding people is unacceptable in the office I am involved with. As myself and hannibal said there are honest agents out there! -------------
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Posted By: kebakat
Date Posted: 29 October 2009 at 11:40am
| There are some nice agents out there but they can be really hard to find. I've had to deal with about 8 agents in my life and only 1 I had no problem with. All the rest were awful and one even got called "b*tchface" between DH and I and another I rang his boss and complained about feeling like we were being stalked lol |
Posted By: emz
Date Posted: 29 October 2009 at 3:29pm
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Will just add another positive story - mum and dad got approached one day after only owning their home for 5 months, and were offered (on the spot) $50k more than what they paid for it. Granted this was in the property boom, in 2004.
The agent did charge 5k but for a 400k property at the time that's pretty good. And of course mum and dad didn't have to sell, but for a 10k profit per month they lived there they couldn't refuse! Just ask lots of questions and have your wants/needs outlined before anything happens. |
Posted By: lilfatty
Date Posted: 29 October 2009 at 4:00pm
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Yep the same thing happened to us .. the RA who sold us our house, came back after we had been in it six months and had someone who was willing to pay us 100k more than what we paid for it .. however it was my dream home and no money could but it (until i got divorced and then we had no choice) lol ------------- Mummy to Issy (3) and Elias (18 months) I did it .. 41 kgs gone! From flab to fab in under a year  http://www.femininefitness.co.nz/category/blog - LFs weight blog
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Posted By: Candkids
Date Posted: 29 October 2009 at 4:00pm
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id say be wary, we had this recently also, we had 2 agents who were hounding my mum to sell our family property, & a friend of ours whos a agent said aparently they can look up and see propertys that are already vacant or deceased estates, ------------- http://lilypie.com" rel="nofollow">  DD 10.5yrs DS 6yrs DS 11mths 5 little angles watching from above |
Posted By: Candkids
Date Posted: 29 October 2009 at 4:00pm
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id say be wary, we had this recently also, we had 2 agents who were hounding my mum to sell our family property, & a friend of ours whos a agent said aparently they can look up and see propertys that are already vacant or deceased estates, ------------- http://lilypie.com" rel="nofollow"> DD 10.5yrs DS 6yrs DS 11mths 5 little angles watching from above |
Posted By: ajmmum
Date Posted: 02 November 2009 at 3:05pm
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If there is a someone really interested, tell the Real Estate agent to present an offer... the RA's fee can be discussed at the same time you're looking at the offer from the potential purchasers.
Small town - you might find someone has been looking at the house for a while, but didnt want to call you directly in case you took offence, so asked the local agent to do it instead? If they were using a ploy, they usually phrase it a bit differntly, i.e. we have interested buyers in your area who are always looking for a house like that. ------------- http://lilypie.com" rel="nofollow">  |
Posted By: jaz
Date Posted: 06 November 2009 at 1:47pm
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I used to have agents ring frequently saying they had buyers interested in buying, was I interested in selling, but it was so frequent (once a month for about a year and different agents) I felt they were just trying to generate listings. My father was in RE for years and said this was a common tactic as is ringing recently deceased estates before they were listed.
Like others on the boards, I would ask for the offer and negotiate the terms. Don't let her talk you into selling if you aren't intending to or ready for it though. ------------- http://lilypie.com"> 
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