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Debate House Prices


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Offers over is over for house prices in Scotland.

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Comments

  • geneer
    geneer Posts: 4,220 Forumite
    edited 11 April 2011 at 1:35PM
    HAMISH_MCTAVISH wrote: »
    Sure.

    In the days before the Home Report, people would expect a house to sell for £200,000, and put it on the market for Offers Over £150,000 to stir up interest as a marketing ploy.

    Now, most people don't bother with the marketing ploy as the Home Report states the value up front. So they tend to put it on for Offers Around the valuation price.

    No real change to house prices.

    And offers over is far from dead, a significant percentage of houses are still marketed that way, and many still achieve a premium over valuation price.

    Sorry Hamish but you appear to be suggesting that blind bidding wars on property with no valuations did not have a benefical effect on HPI.

    Astonishing. Please explain. :rotfl:

    You also appear to think that the using the term "offers over" whilst handing over the legally required houseprice valuation is remotely the same. Astounding. ;)

    Time for a quick quote from the Estate Agent.

    "'Offers around' and 'in the region of' are increasingly popular. I suspect we will probably not go back to premiums being paid of 25 per cent over on the 'Offers Over' properties."
  • geneer
    geneer Posts: 4,220 Forumite
    lucylucky wrote: »
    You may wish to change the heading of this thread as it is incorrect.;)

    :rotfl:You should probably give the scotsman a bell and tell them that the VI assesment of the market doesn't line up with Hamishes unsubstantiated assertion.
  • lucylucky
    lucylucky Posts: 4,908 Forumite
    geneer wrote: »
    :rotfl:You should probably give the scotsman a bell and tell them that the VI assesment of the market doesn't line up with Hamishes unsubstantiated assertion.

    Your title is wrong - simple.


    There are still properties advertised at offers over, why would you suggest otherwise?
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    lucylucky wrote: »
    You may wish to change the heading of this thread as it is incorrect.;)
    that's not really important to gingernuts - he's convinced he made the right decision not to buy in Edinburgh in 2001 because house prices will be lower.

    ps. i don't give a monkeys about scottish property prices but i do enjoy seeing geneers posts, they're like a car crash.
  • geneer
    geneer Posts: 4,220 Forumite
    chucky wrote: »
    that's not really important to gingernuts - he's convinced he made the right decision not to buy in Edinburgh in 2001 because house prices will be lower.

    ps. i don't give a monkeys about scottish property prices but i do enjoy seeing geneers posts, they're like a car crash.


    Incorrect on all fronts chuckles.
    If you're going to troll, better to have some bite eh. ;)
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    geneer wrote: »
    Incorrect on all fronts chuckles.
    If you're going to troll, better to have some bite eh. ;)
    i'm just saying what's been said about you on here...

    don't you think it's a bit ironic you calling other people a troll?
  • geneer
    geneer Posts: 4,220 Forumite
    lucylucky wrote: »
    Your title is wrong - simple.


    There are still properties advertised at offers over, why would you suggest otherwise?

    Because its not neccesary for property bears to focus on diversonary pedantic semantic discussions. ;)

    "IT WAS the stuff of nightmares for prospective home-buyers, Just how much over the asking price will it take to get the house, 20 per cent, even 30 per cent? But now those days are over, according to Scotland on Sunday's annual Scottish house price guide.
    Now experts say the English-style "offers around" system has become more prevalent and even many homes marketed at a fixed price are selling at below the asking price.
    "
  • geneer
    geneer Posts: 4,220 Forumite
    chucky wrote: »
    i'm just saying what's been said about you on here...

    Thats your problem right there chuckles.
    You may want to up the quality control on that one. ;)
    chucky wrote: »
    ...
    don't you think it's a bit ironic you calling other people a troll?

    Nope. :)
  • geneer
    geneer Posts: 4,220 Forumite
    lucylucky wrote: »
    Wishing a factually incorrect statement to be corrected is hardly semantics.

    Quoting something that does not even support you factually incorrect title does not help you either:D

    What a buffoon.

    Yawn. I'm sure you are already typing your letter of complain to the paper.

    Tiresome.
  • lucylucky
    lucylucky Posts: 4,908 Forumite
    geneer wrote: »
    Yawn. I'm sure you are already typing your letter of complain to the paper.

    Tiresome.


    Lazy journalism is common-place.

    Shame you have adopted the practice.
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