Postby JamTart » Mon Apr 29, 2024 5:57 pm
This situation was sprung upon us Friday afternoon and was caused by a late signing of the contract by the tenant during which time a number of buyers had viewed the property. It involves not just me but a sibling who could badly use their share of the proceeds. The opportunity cost to them over 2 years is considerable, but there are other factors to consider, which is why I asked for professional advice (I have the moral torment aspect covered). btc_mum, ronangel, the intrigue you posit is wide of the mark: we have received the offers in writing, the two agents do not know each other, they are not charging us a fee, no one would be suing, no dark forces at play.
The 2 offers have now increased to full asking price. We have been advised by the letting agent that, regardless of their preference, we could extricate ourselves from their contract for a relatively low sum. Having had a couple of days to digest the offers, assess the legal and financial risks and our own feelings we are comfortable that we could proceed with the sale, but have ultimately opted to not to. All 3 agents have been very understanding and have behaved impeccably, both in their attitude to us and to the prospective tenant, who remains blissfully unaware. Thanks for all useful advice, esp Joe24 and Scientist.