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Mary Fisher
 
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Default "Sold" boards should only be allowed after exhange of contract


"Mike Mitchell" wrote in message
...

If agents were not allowed to erect the "Sold" board until contracts
had been exchanged, the meaning of "Sold" would carry a lot more
weight. As it is, I feel it is being used as a kind of scam to force
up the market and make would-be vendors believe that the agent in
question must be doing a good job by apparently selling a house so
quickly.

MM


I agree. Also, prospective buyers can be put off making an offer on a house
they're keen on if they think it's gone. There used to be a 'Sold subject to
contract' sticker which was attached to the For Sale board which gave some
indication of what was happening.

Mary