Beware nobody telling you, before viewing the property.
Not sure if this is ethical or even legal as there's no clear instruction for buyers as if you don't come to an agreement to purchase it with the auction, you as a buyer will be in the BLACK LIST for 12 months buying this particular property even if the seller takes it off the auction. This means you will still have to pay 4.2 percent addition to the purchasing price out of your pocket to allow the seller paying IAMSOLD ransom! And obviously you won't be advised of this before viewing.
https://www.shinerocks.co.uk/iamsold-contract.pdf
Page 4 - section 3 - D
If the sale takes place within 12 months of the end of the contract term to a Registered Viewer or Registered Bidder or
person connected to either a Registered Viewer or Registered Bidder during the Contract term.
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iam-sold Ltd
6th Floor, Arden House, Regent Centre
Newcastle upon Tyne
Tyne and Wear
NE3 3LU
0845 519 3126
Services | Valuation Accuracy | Fees Satisfaction | Min Price of property reviewed | Max Price of property reviewed |
---|---|---|---|---|
Sales | 88% | 72% | £40,000 | £2,147,483,647 |
From Landlords | From Tenants | From Vendors | From Buyers | Other | |||||
---|---|---|---|---|---|---|---|---|---|
5 | 1 | 0 | 0 | 48 | 4 | 26 | 15 | 25 | 18 |
No Properties
Great service !
Abi was excellent, very helpful and always kept me updated
...Beware nobody telling you, before viewing the property.
Not sure if this is ethical or even legal as there's no clear instruction for buyers as if you don't come to an agreement to purchase it with the auction, you as a buyer ...
But why using viewers names to make money.
You cannot force people to pay with out registered on your website or made a bid on properties.
You can put these therm on you website for your bidders so they have to agree before that.
This is unlawful make this kind of list without this people knowing you have such a contract with vendors.
Agency have to inform the viewers about that black list.