House hunters out in force

chucky

Graham_Devon wrote: »

That's brilliant foresight.

Obviously everyone registered with an estate agent is chasing a property.

My mother and father were registered with an agent ove 2 years, just incase anything came up which would interest them enough to leave before they wanted to.

They were not chasing anything.

But whatever floats your boat. If you want to think that 4 people are squabbling over a property, then you feel free. Now go and tell that to the selling board.

registered buyers do have a direct correlation to house sales.

do you really think that this isn't the case?

Graham_Devon

chucky wrote: »

registered buyers do have a direct correlation to house sales.

do you really think that this isn't the case?

For once, just read what I said.

Did I say that they don't?

Or did I say that it does not mean they are actively chasing them?

chucky

Graham_Devon wrote: »

My mother and father were registered with an agent ove 2 years, just incase anything came up which would interest them enough to leave before they wanted to.

you don't understand (again) do you... :eek:

did they register once or did they register every month for the two years?

they would appear once as a new registration.......

Rinoa

Graham_Devon wrote: »

That's brilliant foresight.

Obviously everyone registered with an estate agent is chasing a property.

My mother and father were registered with an agent ove 2 years, just incase anything came up which would interest them enough to leave before they wanted to.

They were not chasing anything.

But whatever floats your boat. If you want to think that 4 people are squabbling over a property, then you feel free. Now go and tell that to the selling board.

Actually it's probably a lot more than 4 buyers to every seller.

You only register with the EA once, not every month. If the average EA has 55 houses and sells 6/7 per month, then they probably have 6/7 new instructions each month too.

In say 3 months they only have on avarage 18/21 new properties to sell but 750 people registering.

:beer:

Edited to add Chucky beat me to it ~ sort of.

MountainOfDebt_2

In my village a house sold for asking 5 weeks ago. It had been on the market for 9 weeks and had already attracted 2 offers of 7% under in the first weekend.

SE - 30 mins from London

Emy1501

Rinoa wrote: »

Actually it's probably a lot more than 4 buyers to every seller.

You only register with the EA once, not every month. If the average EA has 55 houses and sells 6/7 per month, then they probably have 6/7 new instructions each month too.

In say 3 months they only have on avarage 18/21 new properties to sell but 750 people registering.

:beer:

Edited to add Chucky beat me to it ~ sort of.

Where dos it say that there are 4 new buyers for every new property coming onto the market each month? Just re-read it and saw where the comment comes from but it sounds strange to me. i cant see 200+ new buyers registering with agents each month

what were the figures last month?

Rinoa

Emy1501 wrote: »

Where dos it say that there are 4 new buyers for every new property coming onto the market each month? Just re-read it and saw where there comes from.

what were the figures last month?

TBF there were more people registering in January (291), but it was a longer month.

IMO the main point of the article is that sales were up 20% on January ~ despite the weather.

All things being equal approval figures should therefore be higher too, and we know what that means.

Emy1501

Rinoa wrote: »

TBF there were more people registering in January (291), but it was a longer month.

IMO the main point of the article is that sales were up 20% on January ~ despite the weather.

All things being equal approval figures should therefore be higher too, and we know what that means.

Article does not make sense if you do the workings out. I suspect it is 250+ registered at any one time. If lets say there are 300K properties for sale at any one time, Then the article is suggesting that there are roughly 1-2m new couples registering a month. Which would mean half the population within a year

Graham_Devon

Emy1501 wrote: »

Where dos it say that there are 4 new buyers for every new property coming onto the market each month? Just re-read it and saw where the comment comes from but it sounds strange to me. i cant see 200+ new buyers registering with agents each month

what were the figures last month?

It doesn't.

Or of course, we simply do not get it or understand.

abaxas

Just a thought....

Wont a good %age of people selling their homes also be buyers?

So it's more like 3.21(made up) registered buyers per house.