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Are houses selling in your area on Rightmove ? (Dead in the water where I am)
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I think most SSTC coming back on the market are because they fell threw.
As most of you know I have an EA family member it would increase his costs to keep re-listing houses. Increasing costs is not on the cards at the moment like all businesses. They need sales and realistic pricing is the only way of getting them.
Not some marketing bravado it would only add to costs.
I just find it hard to believe large/chains of EAs would negotiate a better deal in advertising that might see them pay in an other way that straight forward £x for each property. i can see small independants might get stung like that, sure.
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lostinrates wrote: »I just find it hard to believe large/chains of EAs would negotiate a better deal in advertising that might see them pay in an other way that straight forward £x for each property. i can see small independants might get stung like that, sure.

Why it is standard universaly for all advertising even news papers X pages = £X
Company size as nothing to do with potential for advertising.
I wont go in to details but I can assure you it's not a small independent.;)0 -
Why it is standard universaly for all advertising even news papers X pages = £X
Company size as nothing to do with potential for advertising.
I wont go in to details but I can assure you it's not a small independent.;)
I'm not really sure what your saying in the first line, apologies...
Advertising is not always taken at the standard rate. Of course there are deals to be done, depending on repeat business. Big companies can offer more repeat business to who ever is printing or hosting the advertising. My guess is, with you relative, if its a large chain, someone near the top takes care of negotiating how their fees work with property portals? Is this person your relative?
Perhaps an agent can tell us more about how this works specific to the property business?
ETA: just thought it worth pointing out you are asking me to accept your word for it, with no proof, yet, are refusing to accept Sir H's word for it despite him offering you the means of proof. I don't know whether-as regards the respective situations- either or both of you are right or wrong, but I do feel what is sauce for the goose should be sauce for the gander. That's why I both accpet things as given here as ''possible'' but never beleive them as ''undoubtable''.
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lostinrates wrote: »Advertising is not always taken at the standard rate. Of course there are deals to be done, depending on repeat business. Big companies can offer more repeat business to who ever is printing or hosting the advertising. My guess is, with you relative, if its a large chain, someone near the top takes care of negotiating how their fees work with property portals? Is this person your relative?

Perhaps an agent can tell us more about how this works specific to the property business?
As you said you can either belive me or not I am only telling you from what happens from an estate agent.
Deals to be done are differnet to blanket agreements (which you kind of went on about before)
If he gets a better rate than "Jonny one shop" is irrelevent it still adds to costs.
It is up to other people what they belive but I know all the info I need to know on advertising on RM.
http://www.estateagencynews.co.uk/news/news-0309c.asp
i think that tells you that they make the money on the advertising per property otherwise blanket agreements would make turnover and profit fairly staionary.0 -
ok - let's assume that it is the case.
chucky, you know I respect your opinion, however I will have to cut you down to the above quote, I know it may seem to make little business sense, but it is happening, I've seen it with my own eyes, comparing SSTC's to the LR.
I can only imagine it is the last throw of the dice for some, to spend some money now, hoping to engineer a mini bounce, and thus recoup the money, other than that, I have no idea.0 -
I can only imagine it is the last throw of the dice for some, to spend some money now, hoping to engineer a mini bounce, and thus recoup the money, other than that, I have no idea.
edit - the reason i was discussing it further was that Haart, the firm that Sir H mentioned are a franchise.
i can't see them doing this across South London - when they are franchised branch by branch.
you tell me Foxtons i'd say ok - but not Haart.
i'll shut up now
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I can only imagine it is the last throw of the dice for some, to spend some money now, hoping to engineer a mini bounce, and thus recoup the money, other than that, I have no idea.
It could be for some (but a un productive way i never looked as SSTC when house purchasing)
If it does happen lets put it down to a few and not the norm.
SSTC does give some idea on activity but the proof is not available until 6 months later when they are on LR:) Or until they come back on the market.0 -
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Also any one can redem some true intergirty by giving some ideas on houses coming too market

http://forums.moneysavingexpert.com/showthread.html?t=16134170 -
lostinrates wrote: »I think this could be it.
I believe the phrase is ''sprat to catch a mackeral''.
Current market is "Mackeral to catch a sprat" though.;)0
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