Owners who increase the price above what was just offered/agreed!
You listed the property in question some months back, possibly against your better judgement—but the vendor had been introduced by a friend of a friend. Asking price definitely on the high side, property okay but not great…and, as you suspected, no serious enquiries forthcoming for several months…, then several more months.
Until one day a purchaser popped up out of the blue and, in a matter of days, verbally agreed a price and other terms with the vendor. Well…, well, looks like I was wrong then, you thought. Lucky old vendor, getting someone to buy at that price.
So when your secretary called so say that it was the subject vendor on the line you happily greeted him… only to hear the dreaded words… “I’ve decided to put my price up by 15%, I think [pick one: I’m selling too cheaply/my home currency has gone down/my neighbour’s auntie said…./the sky is blue/prices in Bangkok are higher/….]”
Ring of truth?
What do you think? Have any experience with this sort of thing? Or have you maybe even done it to a purchaser? Or your poor agent?
Perfect Homes is a leading Chiang Mai real estate agency with extensive experience in the city, regionally, nationally and internationally.