One of the worst aspects of buying a house in the UK is gazumping. This is where the owners of a property accept an offer (subject to contract) from one buyer only to receive a higher offer a week or two down the road and jump ship to the people who made that offer. It goes against all principles of decency. After all, if you want more than the first offer then you should decline it, not “bank” those buyers and hope that you get a better offer later. If you sell a house with us you’ll be asked to sign our client-friendly contract which has a unique anti-gazumping clause asking our clients not to go down this road. And it works. We have sold hundreds of houses across Hertfordshire, from Hertford to Welwyn Garden City, North London to Stevenage, and NOT ONE BUYER has ever been gazumped on one of our properties. Today DIY agent Emoov published a survey showing how gazumping had fallen but still is very frequent:
https://www.facebook.com/pages/BigBlackHencom-Estate-Agents/176538399110378?ref=hl
We say, that is why you need to work with an agent that actively strives to prevent gazumping – which the DIY agents can’t as they don’t have the right business model to do so and many High Street agents won’t because they simply do not see it as an issue of trust. For a fresh approach, better call Welwyn Garden City estate agent, BigBlackHen.com!