Dealings with property agent

[sniper123]

Hi all, just wanted to hear if anyone else has similar experiences. Recently wanted to buy a unit on the Hundred Palms residences. Listing was originally at 2.15M, and we negotiated it down to 2.1M with 3 months extension. The seller's property agent accepted the offer.

After accepting the offer, the seller's property agent then revealed herself to be the owner of the unit. In addition, although we previously agreed on a 3 month extension, she asked for an additional 4 months extension (so total 7 months), while offering us only 10k for the 4 months of rent. FYI, the market rate for rent is currently 4-4.5K per month.

Of course we rescinded the offer and walked off. Does anybody else have similar experiences?

[abbby]

From my understanding, she'll need to disclose to you before the viewing or on the viewing. As a professional, she should have informed you of the exact extension period before the viewing especially so when 7 months extension's not quite the norm...

[PNGMK]

There's no real issue here. You're actually at an advantage if you consider that you could argue she doesn't have to pay a commission and could negotiate further down.