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Would you lose a sale for the sake of £500?

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Comments

  • chickmug
    chickmug Posts: 3,279 Forumite
    Don't ask me........I drive a Punto lol :D

    Some police forces are buying these for high speed pursuits to go with their Scoobys and Evos. Or have I read that wrong:D
    A retired senior partner, in own agency, with 40 years experience in property sales & new build. In latter part of career specialising in commercial - mostly business sales.
  • bandraoi
    bandraoi Posts: 1,261 Forumite
    chickmug wrote: »
    What is quite common is for sellers to get too carried away with an early flurry of interest and viewings. So it is beholden on the EA to advise them appropriately. I have seen many sellers, who felt overly confident about the level of early interest and offers, to wish six months later that they had taken this early offer. Especially when they have needed to drop the asking price below that early offer figure.
    again usually I would agree with you, but a buyer who has talked themselves up by £9,500 in the absence of any movement from the vendor?

    I think he should drop the £500 if he needs to, but only after waiting a week or so.
  • MissMotivation
    MissMotivation Posts: 1,751 Forumite
    chickmug wrote: »
    Some police forces are buying these for high speed pursuits to go with their Scoobys and Evos. Or have I read that wrong:D


    They're not a bad little car actually.......not sure that they words 'Punto' and 'High speed' belong in the same sentance though ;)
    My home is usually the House Buying, Renting and Selling Forum where I can be found trying to (sometimes unsucessfully) prove that not all Estate Agents are crooks. With 20 years experience of Sales/Lettings and having bought and sold many of my own properties I've usually got something to say ;)
    Ignore......check!
  • alared
    alared Posts: 4,029 Forumite
    Times must really be hard if you folks who are "working" in EA have nothing better to do than post on here.
    Why aren`t you out selling and pulling the country out of the reccession,having campaigns saying "If we don`t sell your house in six weeks,we`ll pay you £1000".
    Put your money where your mouth is.
  • princessamy86
    princessamy86 Posts: 4,889 Forumite
    Times must really be hard if you folks who are "working" in EA have nothing better to do than post on here.
    Why aren`t you out selling and pulling the country out of the reccession,having campaigns saying "If we don`t sell your house in six weeks,we`ll pay you £1000".
    Put your money where your mouth is.

    It's my day off, is that allowed?
    Scar tissue that I wish you saw, sarcastic mister know it all, close your eyes and I'll kiss you cause with the birds I'll share this lonely view.
  • Scabs
    Scabs Posts: 75 Forumite
    During the boom years EA's are percieved to be getting easy money and good money at that, however now during the bust it is the other way round. Transaction levels are tiny so the money coming in is very little. The clever EA's will have saved during the boom to compensate for this bust,however I dont think this is the case looking at all the ones that have gone under.

    So are EA's too expensive?

    Maybe not as I bet we all know one near where we live that has gone belly up.
  • chickmug
    chickmug Posts: 3,279 Forumite
    bandraoi wrote: »
    again usually I would agree with you, but a buyer who has talked themselves up by £9,500 in the absence of any movement from the vendor?

    I think he should drop the £500 if he needs to, but only after waiting a week or so.

    They may decide, in a few days, to offer the extra £500 to find it is too late as the buyer has found somewhere else:confused:
    A retired senior partner, in own agency, with 40 years experience in property sales & new build. In latter part of career specialising in commercial - mostly business sales.
  • chickmug
    chickmug Posts: 3,279 Forumite
    alared wrote: »
    Times must really be hard if you folks who are "working" in EA have nothing better to do than post on here.
    Why aren`t you out selling and pulling the country out of the reccession,having campaigns saying "If we don`t sell your house in six weeks,we`ll pay you £1000".
    Put your money where your mouth is.

    I am retired and am trying to give help on these forums often advice to help people save money with EA scams.

    On this thread I have indulged in a bit of frivolity but some of mystuff is very long and takes quite a while to write. MSE said they would pay me? Or did they:eek:
    A retired senior partner, in own agency, with 40 years experience in property sales & new build. In latter part of career specialising in commercial - mostly business sales.
  • chickmug
    chickmug Posts: 3,279 Forumite
    Scabs wrote: »
    During the boom years EA's are percieved to be getting easy money and good money at that, however now during the bust it is the other way round. Transaction levels are tiny so the money coming in is very little. The clever EA's will have saved during the boom to compensate for this bust,however I dont think this is the case looking at all the ones that have gone under.

    So are EA's too expensive?

    Maybe not as I bet we all know one near where we live that has gone belly up.

    I know ones that have gone bust but who seemed to be very very flash in the cars they drove and so on. My policy was to take a reasonable amount from the business in salary then let the rest build for a rainy day. EA's who don't do this are stupid as are any other self employed folks.
    A retired senior partner, in own agency, with 40 years experience in property sales & new build. In latter part of career specialising in commercial - mostly business sales.
  • Thanks For Your suggestion regarding this topic.
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