This happened to me today....
My Solicitor: Hello ...your vendor's solicitor has refused to extend your settlement date past the 4th of March and wants over $100 per till I settle. I know I can't settle till at least 12th of Mar.
Me. Okay....so have you confirmed unconditional finance?
My Solicitor: Not yet....
Me: Ok....tell the vendor's solicitor that I am not going to go unconditional on finance till he extends settlment till 12th March. He proceeds to tell me that would put in breach of contract..at somepoint....I say I didn't care. Reluctantly he says he will do my bidding but advises may of some of the consequences. Solicitor true to his word does what I want.
Agent call within 10 minutes (in a fluff): Opens by saying that vendors solictors solicitors, he (agent might lose his commission), and vendor are concerned. He tells me that the vendor does not want to start all over again. I calmly tell him the vendors solictors is off her meds as she would not move the settlement date and offer to confirm unconditional finance today. He says leave it with him.
My Solicitor call (5 minutes later): I am told magically what was previously impossible ...has now been granted.
All in a day's workl of negotiating...I would not recommend this..if you have a thin skin....
My Solicitor: Hello ...your vendor's solicitor has refused to extend your settlement date past the 4th of March and wants over $100 per till I settle. I know I can't settle till at least 12th of Mar.
Me. Okay....so have you confirmed unconditional finance?
My Solicitor: Not yet....
Me: Ok....tell the vendor's solicitor that I am not going to go unconditional on finance till he extends settlment till 12th March. He proceeds to tell me that would put in breach of contract..at somepoint....I say I didn't care. Reluctantly he says he will do my bidding but advises may of some of the consequences. Solicitor true to his word does what I want.
Agent call within 10 minutes (in a fluff): Opens by saying that vendors solictors solicitors, he (agent might lose his commission), and vendor are concerned. He tells me that the vendor does not want to start all over again. I calmly tell him the vendors solictors is off her meds as she would not move the settlement date and offer to confirm unconditional finance today. He says leave it with him.
My Solicitor call (5 minutes later): I am told magically what was previously impossible ...has now been granted.
All in a day's workl of negotiating...I would not recommend this..if you have a thin skin....