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Debate House Prices
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Soon it will be bumper September according to EAs
Comments
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Freakonomics has some interesting analysis about the words EAs use to describe houses (in America). There's a summary here.Five Terms Correlated to a Higher Sales Price
- Granite
- State-of-the-Art
- Corian
- Maple
- Gourmet
- Fantastic
- Spacious
- !
- Charming
- Great Neighborhood
“Fantastic,” meanwhile, is a dangerously ambiguous adjective, as is “charming.” Both these words seem to be real-estate agent code for a house that doesn’t have many specific attributes worth describing. “Spacious” homes, meanwhile, are often decrepit or impractical. “Great neighborhood” signals a buyer that, well, this house isn’t very nice but others nearby may be. And an exclamation point in a real estate ad is bad news for sure, a bid to paper over real shortcomings with false enthusiasm.Do you know anyone who's bereaved? Point them to https://www.AtaLoss.org which does for bereavement support what MSE does for financial services, providing links to support organisations relevant to the circumstances of the loss & the local area. (Link permitted by forum team)
Tyre performance in the wet deteriorates rapidly below about 3mm tread - change yours when they get dangerous, not just when they are nearly illegal (1.6mm).
Oh, and wear your seatbelt. My kids are only alive because they were wearing theirs when somebody else was driving in wet weather with worn tyres.0 -
I missed the word 'bumper' when I read the thread title. That changes your expectations about the content considerably.0
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I like 'artisan'.
The brochure for the house we live in now had the kitchen described as 'extravagant'. Presumably this means that our kitchen buys lunch from Pret A Manger rather than making it at home and buys real champagne when friends come over instead of going for a bottle of sparkling Lambrini.0 -
Someone really needs to translate agent language into buyer language.
"Immaculate presentation" = vendor has watched too many property programmes and thinks wallpapered feature walls and Farrow & Ball paint justify a price tag that's 25% too high
"Well-presented" = clean and tidy on the surface, also terribly dated and not very tasteful
"In need of modernisation" = unspeakable dump needing chartered surveyor and architect as well as builder and decorator
"With potential to extend into the loft and the side return" = this one's very popular in London. It means "It will cost £100k to realise that potential, you'll need to live elsewhere for 9 months, and there's a very real danger you'll never recoup the money in a falling market."0
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