>> Any suggestions as to how to deter time wasters? I'm thinking a deposit of a
>> few thousand pounds, subject to completion within an agreed timescale.
>>
I made it very clear to the estate agent that if the buyers tried to knock down the price at the last minute, I'd walk and sell to the next highest offer, even if that cost me more money than just accepting the price cut. At the very least they'd be out legal and surveyor fees, and they don't get the house they want.
I did say that this worked both ways and once the sale was agreed I'd reject higher offers to stick with them, and I did keep my word on this.
You could also agree to match their deposit and give it to them if they get gazumped. I assume the estate agent or solicitor could help with this.
Most people aren't as petty as me though.
Last edited by: Fursty Ferret on Sat 9 Apr 22 at 09:12
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