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Dealing with the deluded.
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You're a nutter for getting your knickers in a twist about something you can't control.
Whether they're right or wrong to do it, these people can put their houses up for sale for whatever they want. If they overprice it and it doesn't sell that's their problem.
If you don't think the houses are worth what the owners want, you don't buy it. Simple as that.0 -
You're a nutter for getting your knickers in a twist about something you can't control.
Whether they're right or wrong to do it, these people can put their houses up for sale for whatever they want. If they overprice it and it doesn't sell that's their problem.
If you don't think the houses are worth what the owners want, you don't buy it. Simple as that.
Exactly.
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You're a nutter for getting your knickers in a twist about something you can't control.
Whether they're right or wrong to do it, these people can put their houses up for sale for whatever they want. If they overprice it and it doesn't sell that's their problem.
If you don't think the houses are worth what the owners want, you don't buy it. Simple as that.
Thanks!
That is what I wanted to hear. My fault for letting myself get het up over a troll attack. Should really know better.
We will just keep agreeing with the market and leave well alone. That is basically what everyone else, on this thread (including you), has been saying. Hence we shall agree with them.0 -
What postcode or area are you looking at?0
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Low offers are fine providing you trust the agent is gonna forward them?
Could also label you as a time waster in the long run?
Someone offering 300k on a 450k property,are they really gonna be taken seriously?Official MR B fan club,dont go............................0 -
Low offers are fine providing you trust the agent is gonna forward them?
Could also label you as a time waster in the long run?
Someone offering 300k on a 450k property,are they really gonna be taken seriously?
Wouldn't that be a function of commission? If the EA knows they will never sell at 450k, they will be salivating all over the 300k, if close to what they think it will sell for.
Maybe this is the other problem. Always dealing with a 3rd party increases faf by factors.0 -
A property has 2 values, the seller's value and the potential buyer's value. The true value lies somewhere in between. The seller's valuation is most likely driven by what price they need for their next step. While the buyer's valuation is most likely driven by what they can afford or are willing to pay. These valuations are at either end of the spectrum.
If the buyer truely values a property at a certain amount, then they make the offer and provide their rationale.
If the seller is truely interested in selling, they will take the offer into consideration and accept/counter offer/reject giving their rationale for their valuation.
There is no science to property valuation. When it comes to rural property, valuation is even more difficult.
No one wants to have their first offer accepted, so offer what YOU feel is the correct value giving your reasons and go from there.
On a side note, perhaps part of the reason that these properties aren't selling is that there are fewer buyers for houses in that price bracket?0 -
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That's why it may be interesting to get a fix on the area.0
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Wouldn't that be a function of commission? If the EA knows they will never sell at 450k, they will be salivating all over the 300k, if close to what they think it will sell for.
Maybe this is the other problem. Always dealing with a 3rd party increases faf by factors.
Surely agents aint that far off the mark,to list something at 450k,expecting it to go for 300k,a purely hypothetical example.Official MR B fan club,dont go............................0
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