Bl#$$%^&& Deadline Sales
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|---|---|
| 1 | So we have sold a property, all cashed up, and would like to buy now. But most properties we like are Deadline Sales. So we either put in an offer well over the odds and hope to get deadline reduced, or wait for deadline. In the mean time we may well find something better. And we cannot put in an offer to see if there is a counter offer. Do the vendors not realise that by not being able to give a Yes or No to an offer they are missing out? tony9 - 2021-03-17 17:42:00 |
| 2 | tony9 wrote: No. You are missing out, not the vendor. sparkychap - 2021-03-17 17:52:00 |
| 3 | Deadline sales - absolutely hate them and would definitely use one when selling. sparkychap - 2021-03-17 17:52:00 |
| 4 | sparkychap wrote: paysanne - 2021-03-17 19:45:00 |
| 5 | tony9 wrote:
Make your offer subject acceptance within 24 hours. johnston - 2021-03-17 20:32:00 |
| 6 | johnston wrote:
You can withdraw your offer at any time. superdave0_13 - 2021-03-17 22:19:00 |
| 7 | superdave0_13 wrote:
I know that. johnston - 2021-03-17 23:14:00 |
| 8 | superdave0_13 wrote: Obviously, but putting a deadline in your deadline offer puts the pressure of a deadline back on the deadlinee. sparkychap - 2021-03-18 06:52:00 |
| 9 | Sorry, I thought the concern was that they couldn't offer on another property because they thought they were locked in to a previous deadline sale. If you have cash you are ahead of the game. Banks are taking longer and longer to approve properties which means the need for a finance clause. There are also plenty out there too scared to sell before securing a property to buy which doesn't bode well either in this market. You could try to avoid the market altogether by going to social and scoping out sellers that don't like agents of even knock on the doors of the house you like. superdave0_13 - 2021-03-18 07:54:00 |
| 10 | Deadlline sales seems to be a regional marketing tool. Very rare in Auckland or Northland. Personally I can't see any advantage to the vender, However I can the frustration of people trying to buy. Their bid is tied up for a period when they could miss out on another option. Capricorngirl mlarkin - 2021-03-18 20:00:00 |
| 11 | sparkychap wrote: I like it! lakeview3 - 2021-03-18 21:15:00 |
| 12 | While we are on the subject.....what does ‘private treaty’ mean? A few of the agents around here use that. Another stupid one is ‘price by negotiation’ i mean haha! No s*** Sherlock! lakeview3 - 2021-03-18 21:26:00 |
| 13 | lakeview3 wrote: hound31 - 2021-03-18 21:33:00 |
| 14 | hound31 wrote: I reckon....price by negotiation what a joke! A house sale is always a negotiation of the price! What a waste of time putting that. lakeview3 - 2021-03-18 21:39:00 |
| 15 | lakeview3 wrote:
Isn't Private Treaty another term for Private Sale, meaning the seller is not using an agent? kitty179 - 2021-03-18 23:36:00 |
| 16 | kitty179 wrote:
No, If you think of it from a documentation point of view. There are auctions, tenders and private treaty which is generally done on a standard sales and purchase agreement. "deadline sales", "by negotiation", "enquiries over" and "asking price" are all private treaty sales. superdave0_13 - 2021-03-19 05:25:00 |
| 17 | kitty179 wrote:
No. johnston - 2021-03-19 07:14:00 |
| 18 | superdave0_13 wrote:
Not quite. Deadline sales etc are still completed on a standard ASP. Edited by johnston at 7:15 am, Fri 19 Mar johnston - 2021-03-19 07:15:00 |
| 19 | johnston wrote: so perhaps you would explain what is meant by it when a property is advertised as such. Thanks lakeview3 - 2021-03-19 07:16:00 |
| 20 | johnston wrote:
I think that's what I said?? superdave0_13 - 2021-03-19 07:29:00 |
| 21 | superdave0_13 wrote:
Auctions for example are done on an Auction Agreement not the standard ASP. johnston - 2021-03-19 07:54:00 |
| 22 | Yes, Auctions, Tenders and Private treaty.... If it's not an Auction or a Tender... It's a private treaty. "Deadline sales", "by negotiation", "enquiries over" and "asking price" are all private treaty sales. superdave0_13 - 2021-03-19 08:00:00 |
| 23 | lakeview3 wrote:
Historically private treaty meant a purchaser and a vendor negotiated the sale (with or without an agent) in contrast to say an auction. Agents appear to have put their own spin on what it means. No big deal. It is the process that is important. johnston - 2021-03-19 08:02:00 |
| 24 | The member deleted this message. johnston - 2021-03-19 08:03:00 |
| 25 | superdave0_13 wrote:
Or as John Clark put it in a sketch, whatever it says in the ad "it means it's for sale" paysanne - 2021-03-19 08:21:00 |
| 26 | paysanne wrote:
Legendary. So miss intelligent satire. Edited by pcle at 8:55 am, Fri 19 Mar pcle - 2021-03-19 08:55:00 |
| 27 | The ones I hate are "Price on Asking" I just look past all of them . Usually if they don't list the price they are asking to much thepiercedkiwi - 2021-03-19 09:13:00 |
| 28 | pcle wrote:
Agree. johnston - 2021-03-19 09:25:00 |
| 29 | I wish they would just state the price, was looking at houses a friend was looking at and they all stated the price. Imagine just being able to walk up and offer someone the asking price and buy a house, just thinking about it just feels so much more relaxed than all the s*&t going on here. magicroundbout - 2021-03-21 01:42:00 |
| 30 | I've recently seen a few places for tender now as well catwoman1974 - 2021-03-21 02:42:00 |
| 31 | tony9 wrote:
Let me guess, when you sold your property, you didn't use a price? committed - 2021-03-21 11:46:00 |
