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  #21  
Old 26.05.2020, 10:02
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Re: House sold before even viewed it

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Its not an appointment for a hairdresser, its an appointment that is life changing to most

The honourable thing to do is to honour the scheduled appointments which have been made, that is the polite thing to do, at least where I come from
I agree with you but look at it from the other side

what if they had honored the appointment and then just told you. "Well you're seeing this but we've already accepted an offer so we're actually wasting each other's time"...

I get that it would give you a chance to make a counter offer but if they had genuinely accepted the initial offer (which by the way could've been a take it or leave in 12 hours) they probably did the right thing and reduced their risk

Doesn't mean it is not frustrating - I totally get your point
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  #22  
Old 26.05.2020, 10:03
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Re: House sold before even viewed it

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An appointment was arranged. Then the appointment was dutifully cancelled by the agent a few days before the agreed date.

If this is not polite and honorable, what's the standard?
Would you prefer to goto the appointment, make an offer, and then be rejected because the seller had already agreed/sold it?
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Old 26.05.2020, 10:03
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Re: House sold before even viewed it

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To get a better offer?
You'd think so but if often in CH if the agent receives an offer at the asking price they consider it "job done" and won't work any more to get a higher offer.

Remember they're typically on 3% of the sale price so a higher offer of, say, CHF 50k is nice for the seller but for the agent this is "only" going to bring them CHF 1.5k extra, for the agent it's often quicker to move on and sell the next property on their books.
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  #24  
Old 26.05.2020, 10:03
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Re: House sold before even viewed it

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I
Its common courtesy I believe
To save yourself an ulcer, best to let go of the idea that there is anything like courtesy - or fairness, or transparancy - in the Swiss housing market.

Supply and demand rule the day. And deep pockets. And Vitamin B.

Keep that as your mindset. If you are searching for the kind of property thousands of others are, this will not be your last such disappointment.

Don't take it personal, realize that it's simply part of the game.

There is always someone quicker than you are ready to be, someone with deeper pockets than you, someone with more pull with the agent or seller, some properties you will never be given consideration simply because you don't fit the seller's profile. It happens, just move on.

It's a bit of a Catch 22. On the one hand, you have to do your due diligence before making an offer or stand to lose a fortune. On the other hand, you have about 30 seconds to make a decision because the next guy is ready to bid. A conundrum, so you just have to do your best. After you have been looking a while you'll get a feel for the potential pitfalls so you'll likely be better able to make a quick offer.

Just don''t fall in love with a property until you have the Grundbuch stamp on the sales contract.

All the best with the search.
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  #25  
Old 26.05.2020, 10:09
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Re: House sold before even viewed it

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The honourable thing to do is to honour the scheduled appointments which have been made, that is the polite thing to do, at least where I come from
If you want to make them pity, act as like you do not know it was already sold and make and outrageous high but still reasonable offer directly to the owner. Hilarity might ensue.
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  #26  
Old 26.05.2020, 10:10
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Re: House sold before even viewed it

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Its not an appointment for a hairdresser, its an appointment that is life changing to most

The honourable thing to do is to honour the scheduled appointments which have been made, that is the polite thing to do, at least where I come from
So you would tell a buyer who overbids and has no financial reservations and who wants to sign immediately to sod off, since you have people viewing who might want to buy the house if they can arrange the financials?

Selling a house is not about honour or politeness but about closing a deal.
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Old 26.05.2020, 10:13
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Re: House sold before even viewed it

I totally understand the point of no point going to an appointment to be told that the house was sold.

My point was the honourable thing to do is to honour all appointments let everyone make fair bids on the house and then make a decision, thats a polite thing to do but sometimes that goes out the window with some Swiss and the housing market

Just venting my frustration at a process that is not fair to all

Now to move on to the next search...........
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  #28  
Old 26.05.2020, 10:13
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Re: House sold before even viewed it

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Its not an appointment for a hairdresser, its an appointment that is life changing to most

The honourable thing to do is to honour the scheduled appointments which have been made, that is the polite thing to do, at least where I come from
So you’d prefer that they wasted your time going to view houses you will never get to buy....

Next time you need to be more proactive
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  #29  
Old 26.05.2020, 10:15
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Re: House sold before even viewed it

If I was selling a house and unless I needed the money as soon as possible, the fact that there was so much interest straightaway would tell me that the house was well priced, or under-priced, and I would have held out for more offers.

That's just me.

Of course there are other reasons why the first offer may have been accepted, including the following which are all true occurrences:
  • The people who put in the accepted offer were 'such a nice family'.
  • They fawned over the 'questionable' decor and were gushingly complementary about the house in general.
  • The house isn't such the bargain as it first seems- the wiring needs replacing, the taps all leak, the kitchen is rotten.....
  • It's on a noisy flight path or next to a busy road and no one in their right mind would buy it.
  • The neighbours are hell.
  • The beautiful views are about to be lost to the planned development in front of the house.


So OP, you may have been unlucky but on the other hand, you may have had a lucky escape...
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  #30  
Old 26.05.2020, 10:16
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Re: House sold before even viewed it

Some houses in Switzerland sell faster than hot bread in supermarket.

Dont be disappointed, take this as a learning curve and the next house you get a chance to visit , do your homework before like visiting the area , making pros and cons list and be ready.
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  #31  
Old 26.05.2020, 10:18
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Re: House sold before even viewed it

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Our neighbours put their house on the market in January this year for what we all thought was at a price that was very high - even the agent tried to get them to lower it. It was sold within 14 days at the asking price.

It's not uncommon to find a few people willing to pay the asking price and then the agent asking for best and final offers.

Compared to other countries there is very little housing stock that comes up for sale so if the property is in good condition and someone is willing to pay then it goes very quickly.

Another option for you is to drive around your preferred area. A lot of houses in our location get sold directly - the Swiss make their own banners or notices and skip the agents who take 2.5% commission who as others have noted before are usually total snakes.
That is the only way I would sell an apartment/house. Get a serious evaluation. Advertise at the evaluated value. If there is are at least 2 interested buyers, ask them for their best and final offer.
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  #32  
Old 26.05.2020, 10:19
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Re: House sold before even viewed it

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If I was selling a house and unless I needed the money as soon as possible, the fact that there was so much interest straightaway would tell me that the house was well priced, or under-priced, and I would have held out for more offers.

That's just me.

Of course there are other reasons why the first offer may have been accepted, including the following which are all true occurrences:
  • The people who put in the accepted offer were 'such a nice family'.
  • They fawned over the 'questionable' decor and were gushingly complementary about the house in general.
  • The house isn't such the bargain as it first seems- the wiring needs replacing, the taps all leak, the kitchen is rotten.....
  • It's on a noisy flight path or next to a busy road and no one in their right mind would buy it.
  • The neighbours are hell.
  • The beautiful views are about to be lost to the planned development in front of the house.


So OP, you may have been unlucky but on the other hand, you may have had a lucky escape...
Having bought property in a few countries, I've learnt something from the Swiss market... and have used it since.

When viewing a property, you make an offer over the seller's asking price (by 10-20%)- but the offer is conditional on the seller accepting right away (or within 24 hours).

The seller then has the choice to wait, and maybe get an offer which rivals mine... maybe not... or accept my offer.

The agent will generally push the seller to accept that offer, after all, it's above what the seller's valuation of the property is.
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  #33  
Old 26.05.2020, 10:20
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Re: House sold before even viewed it

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  • The people who put in the accepted offer were 'such a nice family'.
  • They fawned over the 'questionable' decor and were gushingly complementary about the house in general.
  • The house isn't such the bargain as it first seems- the wiring needs replacing, the taps all leak, the kitchen is rotten.....
  • It's on a noisy flight path or next to a busy road and no one in their right mind would buy it.
  • The neighbours are hell.
  • The beautiful views are about to be lost to the planned development in front of the house.


To add to this list, I have seen sellers not willing to list the property too long, it can have negative impact, a potential buyer would also think why is this house not selling, could there be anything wrong with it?
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  #34  
Old 26.05.2020, 10:24
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Re: House sold before even viewed it

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Its not an appointment for a hairdresser, its an appointment that is life changing to most

The honourable thing to do is to honour the scheduled appointments which have been made, that is the polite thing to do, at least where I come from
Get over it. It's how it works here.

For future reference get yourself on the email list for Homegate and all other property lists and forget agents. Narrow you area and type of property and call the moment you see something you want.

I advertised on Homegate on a Monday and the house had a buyer on Wednesday. I had the phone numbers of about 10 more parties to view, called them and cancelled their viewings...
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Old 26.05.2020, 10:34
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Re: House sold before even viewed it

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Is it really that stressful for a seller to wait another week until all appointments have been met and you have a number of offers on the table, after all appointments have been arranged and time off had been arranged and time wasted meeting at the bank going through the documents and discussing finance.

Its common courtesy I believe
You believe wrongly.

In my world, common courtesy would dictate that if someone makes you an offer you either accept it or refuse it.

A potential buyer is likely to walk away if you just put their offer on hold until you have more to compare it with.
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  #36  
Old 26.05.2020, 10:39
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Re: House sold before even viewed it

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So you’d prefer that they wasted your time going to view houses you will never get to buy....

Next time you need to be more proactive
read my posts...
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  #37  
Old 26.05.2020, 10:42
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Re: House sold before even viewed it

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You believe wrongly.

In my world, common courtesy would dictate that if someone makes you an offer you either accept it or refuse it.

A potential buyer is likely to walk away if you just put their offer on hold until you have more to compare it with.
we must live in different worlds so, in my world if you make an appointment with someone you honour that appointment

If someone bids on a house, they clearly want it and they are not going to walk away if they acceptance is delayed a few days
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Old 26.05.2020, 10:44
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Re: House sold before even viewed it

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we must live in different worlds so, in my world if you make an appointment with someone you honour that appointment

If someone bids on a house, they clearly want it and they are not going to walk away if they acceptance is delayed a few days

Or you cancel the appointment. Also honourable and practical.


As to the second: why would a potential buyer have to wait for you?
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Old 26.05.2020, 10:46
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Re: House sold before even viewed it

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As to the second: why would a potential buyer have to wait for you?

it starts with "en" and ends with "titled"
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Old 26.05.2020, 10:51
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Re: House sold before even viewed it

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Or you cancel the appointment. Also honourable and practical.


As to the second: why would a potential buyer have to wait for you?
The potential buyer doesnt have to wait for me, they are waiting until the seller has received all bids. If you want the house, you are not going to pull out because you have to wait a few days.

But hey the weird and strange system here is not going to change. Roll on to the next one..
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