Should an Estate Agent market a house they know is not worth the asking price?

mbga9pgf

The fact they have had no one to view speaks volumes though surely. It's not down to a slow Market. If sellers weren't so greedy and reduced prices to meet peoples ability to lend, transactions would double overnight, as would viewings. I have a 100k deposit and secured lending, the only thing stopping me view most properties on the Market is unrealistic seller expectations...

new_home_owner_3

If you thought the sellers where asking too much why didnt you say, when you went round and valued there houses, and if they have had low offer have you said to them you will reduce your fee because the offer to them is less, i doubt it very much, so why should you expect them to drop prices.

Ive noticed a lot of people have rushed out and sold their houses at low prices, then when they come to buy other people have just not dropped theirs at all and these people are in limbo, i for one would not be hasty to sell at a lower price especially if i had nowhere to move too, theres a lot of sellers who are just not accepting low offers, if it means them being on the market for months or even years, i think they will wait.

By me a lot of hosue have began to sell, and good properties dont last very long at all.

new_home_owner_3

mbga9pgf wrote: »

The fact they have had no one to view speaks volumes though surely. It's not down to a slow Market. If sellers weren't so greedy and reduced prices to meet peoples ability to lend, transactions would double overnight, as would viewings. I have a 100k deposit and secured lending, the only thing stopping me view most properties on the Market is unrealistic seller expectations...

you must have a good job you have saved 70,000 pound in less than 12 months, have you got a money tree?

mbga9pgf

People will sell when they lose their jobs after their election, or when government mortgage support ends, or when interest rates go up significantly. When it happens,all those greedy sellers that refused to sell will have tens of thousands wiped off the value of their homes and they will be very sorry for being so greedy and expecting 300 percent profit over 10 years...

mbga9pgf

new_home_owner wrote: »

you must have a good job you have saved 70,000 pound in less than 12 months, have you got a money tree?

We saved it over 4 years... Check the saving for a deposit thread.

new_home_owner_3

i followed your threads telling people not to buy when you never had a big deposit, it was quite funny at the time, because you was telling people not to buy, and when we got to the bottom of it, it was just you never had a big enough amount for a deposit to buy then, and that was only about 8 months ago at the most.

I think your telling whoppers, but thats my own opinion point me to you walter mitty savings thread?

new_home_owner_3

mbga9pgf wrote: »

We saved it over 4 years... Check the saving for a deposit thread.

youve only been a member for 2 years.......:D

new_home_owner_3

mbga9pgf wrote: »

People will sell when they lose their jobs after their election, or when government mortgage support ends, or when interest rates go up significantly. When it happens,all those greedy sellers that refused to sell will have tens of thousands wiped off the value of their homes and they will be very sorry for being so greedy and expecting 300 percent profit over 10 years...

where have you been house prices have gone up in the last 12 months, you need to get out there and take advantage of the stamp duty break for first time buyers.....

mbga9pgf

new_home_owner wrote: »

youve only been a member for 2 years.......:D

I was saving like a !!!!!!! well before I joined money saving expert you plonker.

mbga9pgf

new_home_owner wrote: »

where have you been house prices have gone up in the last 12 months, you need to get out there and take advantage of the stamp duty break for first time buyers.....

Not in my area they haven't. The upper limit to the stap duty limit doesn't go far enough and secondly a !!!!y 1 percent isn't going to bribe me into buying a house, especially with mortgage approvals at new lows and prices falling again on the nationwide and Halifax indices.