It is quite common for potential buyers to ask an estate agent the reason for the property being on the market. If an agent knows certain information which could cause a potential buyer to change their mind about putting in an offer, then it would be a case of ethics as to whether or not anything negative was disclosed.
On this particular day, the agent, Matthew, was delighted to find a young couple who raved about all the unusual features of the property, which had been on the market for several months and needed quite a lot of fixing up. It had belonged to an old man who had failed to maintain it due to his age as well as failing health. The agent had heard some very disturbing rumours from colleagues as well as from some of the neighbours, who had nosily come over to see the inside of the house when it was on show one Sunday afternoon.
The young couple were having a second viewing of the home after having visited the previous Sunday’s Show house. They had gone home after the first visit to do some sums to find out whether they could afford the transfer costs, even though they knew that they qualified for a mortgage for almost the full asking price of the property. The agent felt very confident that he would have a signed offer very soon due to the enthusiastic comments which both the husband and wife had been making whilst taking their time to wander from room to room. They could see the potential for doing some minor alterations and were able to visualise the house once it had been given a fresh coat of paint and the tiles in the kitchen and both bathrooms replaced. They were not worried about the olde worlde look of some of the features as they were keen on collecting antiques and this house would suit them and their taste in décor very well.
Then the moment the agent always dreaded arrived and Liz, the wife asked, “We love it, but is there anything we should know about the house’s history?” The agent looked down at the notes on his clipboard and silently debated as to just how much of the gossip he had heard could safely be revealed without jeopardising a possible sale. He was not willing to say more than was absolutely necessary. “The house has been in the same family since it was built just after the Second World War. The current owner is the son of the original owner and the only reason he is selling is so that he could move closer to his son and his wife. His health is poor and they were worried that something might happen to him if he carried on living here on his own. His own wife died about 20 years ago and he should perhaps have considered moving before he became ill. Unfortunately people often try to hang on as long as possible before they admit to the fact that they are slowing down as they get older.”
After the agent had finished talking to both Liz and her husband Greg, they wandered outside again to have another look at the garden which, in its heyday had been the pride and joy of the owner’s late wife. Sadly, it now looked rather overgrown and neglected, but the upside was the many and varied trees, bushes and flower beds which, once neatened up, would save a new buyer a fortune.
Just as Matthew had predicted, the couple were very keen to put in an offer on the house, and even though it was quite a lot lower than the asking price, he knew that with a bit of negotiation on his part, the seller would accept it. Being very experienced in his field, he had asked all the relevant questions and was satisfied that there was an excellent chance of this couple being able to afford the house, as well as having savings to cover all the legal costs. Once the paperwork was completed, he shook hands with both the husband and his wife, and promised to present the offer before the end of the day. He would phone them as soon as he had an answer for them and would try to encourage the seller to accept their offer, due to the length of time that the house had been on the market and currently standing empty. He shook hands with them and promised to give them the best possible service until the house was transferred into their names.
As the couple drove away Matthew felt a slight discomfort when he thought about the rumours which he had overheard from the neighbours, regarding the present owner’s wife having been found hanging by her dressing gown cord from one of the cross beams in the lounge. Apparently no foul play had been suspected but, there were those who believed that she had been driven to taking her own life due to her husband having forced her to make extra money by having to entertain a variety of male visitors in the back bedroom every evening for many years whilst the children were away at boarding school, and later at university. It was all rumours, but the neighbours had been rather quick to mention all the different cars which arrived at the house every evening on the hour every hour, Monday to Friday, from 7pm to midnight all those years ago.
No-one ever proved that any of the above was in fact true after the poor woman committed suicide, but it was said that she was extremely quiet, never chatted to any of the neighbours, and always looked physically exhausted despite being made up to the nines whenever anyone caught a glimpse of her. Oh well, some rumours are exactly that – just rumours.
Matthew shrugged off any feelings of guilt that he might have harboured for not having disclosed the suicide to the couple. None of the neighbours had actually repeated any of the gossip to him personally. He had just happened to overhear a few of them chatting amongst themselves when they had been nosey enough to pop in when the house had been on show. So, nothing having been discussed with him, he could say in all honesty that he had no knowledge about this at all. Now, off to the local pub to have that well-earned pint. Oh, hang on – not a clever idea at all! He took out his mobile phone and immediately made the call to tell the seller’s son that he would like to come over straight away as he finally had a very good offer on his father’s house. The celebratory pint in the pub would have to wait until the deal was signed and sealed!
“Do what you can, with what you have, where you are.”
– Theodore Roosevelt (American President)