House price crash? not where I'm looking....

Really2

Graham_Devon wrote: »

One of our estate agents around here has had their knuckles wrapped for falsely putting houses as "SSTC" to fill up their windows with "sold" houses and also so they could say to prospective clients who were interested, "well if you put in a higher offer all they can do is say no..."

Made the window look good, made them look good to potential sellers, and they must have done a deal with the homeowners. They did it to about 10 properties, which easily made their window look like everything was rosy and now was the time to buy.

Was in the local paper about a month back.

My mum and dad are also selling, and they have tried a few dodgy tactics with her. Her's went SSTC (she never met the buyer, estate agents wanted to take them round themselves at the buyers request so mum and dad went out) and suddenly, they wanted to put an offer in.

But, the thing was, the house up the road was for sale and someone was interested, so suddenly, mums house goes SSTC, and the person down the road get's a higher offer than originally, then mums falls through. Was highly bizzare how it was all "secret" and the estate agents were "dealing with it". This was about 8 months back.

Although your story fits nicely in the boards view of estate agents
I find it very hard to believe as EA's don't make money on pretending to sell houses.
they then loose money on re-marketing them.
Many are only just surviving, this is the second anecdotal of one of these I have seen but no one supply any evidence

But you could prove me wrong and post the local papers website so we can get the story:)

jmt

WhiteThierry wrote: »

As a yorkshireman myself, the thought that we work harder than other people is a bit outdated, perhaps, but those that I have met don't seem to want something for nothing we have as many scroungers as the rest of the country I'm sure you are right. Its the same as southerners thinking we all have flat caps and whippets, so i guess sterotypes work both ways With Harrogate and Ilkely within a stones throw of me, I prefer flat caps and whippets to Burberry chav and platinum blonds!
a house i was watching in wakefield, w yorks, sold 110000 in october and same house sold for 90000 in april :eek: so the crash certainly didn't avoid their street.

That is a shame for the peeps involved.

jmt

Graham_Devon wrote: »

One of our estate agents around here has had their knuckles wrapped for falsely putting houses as "SSTC" to fill up their windows with "sold" houses and also so they could say to prospective clients who were interested, "well if you put in a higher offer all they can do is say no..."

Made the window look good, made them look good to potential sellers, and they must have done a deal with the homeowners. They did it to about 10 properties, which easily made their window look like everything was rosy and now was the time to buy.

Was in the local paper about a month back.

My mum and dad are also selling, and they have tried a few dodgy tactics with her. Her's went SSTC (she never met the buyer, estate agents wanted to take them round themselves at the buyers request so mum and dad went out) and suddenly, they wanted to put an offer in.

But, the thing was, the house up the road was for sale and someone was interested, so suddenly, mums house goes SSTC, and the person down the road get's a higher offer than originall, then mums falls through. Was highly bizzare how it was all "secret" and the estate agents were "dealing with it". This was about 8 months back.

I'm sorry for your M&D, but don't get me started on EA - the ones I have been dealing with over the last 6 months are crooks (not in Yorskhire though - Midlands!)

purch

I bought a 1 bed flat in Sept 2007 for £77,000 (at the peak)

Sounds like you bought an absolute bargain their..........at least £40K under the correct value for 2007, if the £95K is real.

cardsharps

jmt wrote: »

I bought a 1 bed flat in Sept 2007 for £77,000 (at the peak) and have been worried over the last few months about negative equity but after talking to the local EA last weekend I was told that a flat in my block is now SSTC for just under asking price of £94,950, so I am beginning to think that the HPC is not nationwide - some areas are bucking the trend :undecided

Utter Bullshiite

ukcarper

brit1234 wrote: »

Sorry but mortgage lending is the same nationwide. Prices are limited by the new restrictive lending unless all the people in your town have huge cash reserves in some weird collective lol

if thats the case why do property prices vary so much

mewbie_2

ukcarper wrote: »

if thats the case why do property prices vary so much

It's generally the size of the property. So a two bed is more expensive than a one bed, and a three bed is more than a two bed.

ukcarper

mewbie wrote: »

It's generally the size of the property. So a two bed is more expensive than a one bed, and a three bed is more than a two bed.

very funny

jmt

cardsharps wrote: »

Utter Bullshiite

I posted my thread on a discussion board called "Debate House Prices, the Economy & Recession" so I feel I have posted in the right area and I am only discussing my observations - are you calling me a liar?

I bought my flat through an EA (not auction) and the Rightmove website is currently showing two ground floor flats in my block SSTC - 1 @ £99,950, 2nd @ £94,950, so why would I lie?

cardsharps

Maybe you're just trying to show off or something. Or in outright denial and looking for some reassurance. You get some funny sorts on this site I can tell you.