Housenetwork

confused31_2

Im gonna give the housenetwork a go im going to go for the 0.75% option and give them 16 weeks and see what they can do.

Ive been on the market since last November and was with wow property but had no viewers and since then i went multi agency and have tried 3 different local estate agents and only had 1 viewing.

Where i live there are 2 other houses on the same road for sale one for 189.950 and another for 179.950, mines a semi, the same but i dont have a porch, but other than that the houses are identical.

Ive currently got mine for sale for 160,000 but i think what im going to do is go with the housenetwork and drop the price to 156,500 and see if that does the trick.

To be honest im fed up of all the BS i have had of the local estate agents, the last one we went with kept on phoning up asking how we was getting on and i told him it was very quiet and we had one viewer, he went on to say that they where still busy and we should think about going with them.

Went with them 20 weeks and not a sausage, to be honest i think if your on right move you will get enough coverage, thats the only place i look, and im sure thats where most other people look.



confused

chickmug

confused31 wrote: »

Im gonna give the housenetwork a go im going to go for the 0.75% option and give them 16 weeks and see what they can do.

To be honest im fed up of all the BS i have had of the local estate agents, the last one we went with kept on phoning up asking how we was getting on and i told him it was very quiet and we had one viewer, he went on to say that they where still busy and we should think about going with them.

What makes you think that HN don't BS?

What makes you think HN will do what others can't?

HN don't have a magic wand.

Have you read all this thread and looked at one other house with them with which powerful_Rogue posted. He didn't seem happy and the 16 photos they used were very poor. I along with others have been helping him to get a better presentation as well as trying to help with whether he has a 2 bed house which HN say or a 2/3 bed house which others feel is the case and is better for the marketing.

The market is seriously cr-ap which can only be bucked by aggresive pricing.

harbinger13

powerful_Rogue wrote: »

Thanks chickmug.

I think the pictures look good, but then again it is my house! Heres the link if you want to have a look

http://www.rightmove.co.uk/viewdetails-18855316.rsp?pa_n=1&tr_t=buy

Sorry I am just getting into UK market - was in US before, so getting adjusted.

I find it a little difficult to grasp the fact that people usually have one bath for any number of beds - it is a huge bottleneck in my opinion for professionals in the morning - esp if one has kids as well.

Your house has one bath, and one more thing is that if one has to during the night, they have to climb down the landing/stairs to the mezzanine. Wouldn't it be a difficult sell?

Not to be rude - but my opinion thats all.

rizla01

Hi Chickmug.. Just wishing to bend your ear on a couple of pointers.

Do you believe that CERTAIN areas aught to hold out for higher prices as these properties are exceptional or in a place where props rarely arise?

When selling, what with every EA putting your prop on rightmove.co that there is absolutely NO point in going Multi? Esp considering the higher comms.

Is it true that these days, because of the 'net, a lot of EA's are introducing SOLE SELLING RIGHTS agreements?

chickmug

rizla01 wrote: »

Hi Chickmug.. Just wishing to bend your ear on a couple of pointers.

Do you believe that CERTAIN areas aught to hold out for higher prices as these properties are exceptional or in a place where props rarely arise?

When selling, what with every EA putting your prop on rightmove.co that there is absolutely NO point in going Multi? Esp considering the higher comms.

Is it true that these days, because of the 'net, a lot of EA's are introducing SOLE SELLING RIGHTS agreements?

Poor areas will often struggles even in good times - unless a boom - and first to be hit when market goes down. Last out of recession when market improves.

Good areas will often keep going when the going gets tough but then even the good areas will get hit with speed of finding a buyer. Prices in good areas will usually go down in bad times contrary to some thinking.

If I wasn't an EA I would look at trying to get a couple of EA's on Sole Selling Rights rates but not Sole Selling Rights conditions and with a keen commission rate not a Multi agent one. To do this I wouldn't expect to get only two weeks notice as others have suggested but give them a longer initial period. If they only have two weeks I doubt they will spend too much time and money for you. I would also ensure I was free to promote myself and go on as many free web sites as possible.

I never drop my commission, or reduce my minimum period of SSR because every new property has start up costs. Each property, taken on as an independent, is a calculated risk for me. Am I prepraed to invest the sort of energy and money and will I get a return. I only ever act as Sole Selling Rights because my friends, who don't, get badly p-issed about by those seeking to cut out their commission by saying they have found a private buyer.

What I do works for me and by the way selling on the Net look at this copied from another post of mine about one net agent.

What makes you think that HN don't BS?

What makes you think HN will do what others can't?

HN don't have a magic wand.

Have you read all this thread and looked at one other house with them with which powerful_Rogue posted. He didn't seem happy and the 16 photos they used were very poor. I along with others have been helping him to get a better presentation as well as trying to help with whether he has a 2 bed house which HN say or a 2/3 bed house which others feel is the case and is better for the marketing.

The market is seriously cr-ap which can only be bucked by aggresive pricing.

rizla01

chickmug wrote: »

Poor areas will often struggles even in good times - unless a boom - and first to be hit when market goes down. Last out of recession when market improves.

Good areas will often keep going when the going gets tough but then even the good areas will get hit with speed of finding a buyer. Prices in good areas will usually go down in bad times contrary to some thinking.

Thanks for that info Chick.

BTW I have absolutely no idea about your own strategy with regard to taking on property.

Regards the above, do you think that it is these poor areas that are the ones reported in the Media?

20% cuts in value are reported but that is surely only the worst areas at this time. It cannot possibly be the same across the board and I believe lazy EA's are using this to try to get a sale and infecting THE WHOLE of the property market in so doing. What are your views?

chickmug

rizla01 wrote: »

Thanks for that info Chick.

BTW I have absolutely no idea about your own strategy with regard to taking on property.

Regards the above, do you think that it is these poor areas that are the ones reported in the Media?

20% cuts in value are reported but that is surely only the worst areas at this time. It cannot possibly be the same across the board and I believe lazy EA's are using this to try to get a sale and infecting THE WHOLE of the property market in so doing. What are your views?

The media, with any story, will get behind it to support it one day and the next day get behind it to destroy it. Housing, new Prime Ministers and so on.

As I have said on another post today the views on this board do NOT mirror the views of people with who I deal. Like all jobs there are those who are lazy trying to make a quick buck. EA's are damned if they over value and damned if they under value.

The reasons for the property current market, in my simplistic thinking, is everything follows cycles. However I strongly blame irresponsible lending and irresposible borrwing coupled with multiple home ownership.

rizla01

chickmug wrote: »

As I have said on another post today the views on this board do NOT mirror the views of people with who I deal.

To save me from searching, which views in particular, are you referring to and how do they differ.

Most of the views that I have read, with quite a few exceptions, are what I believe the majority of sellers/buyers think.

Perhaps this Forum allows more honesty and openness than you may experience?

chickmug wrote: »

Like all jobs there are those who are lazy trying to make a quick buck. EA's are damned if they over value and damned if they under value.

Is there a good reason for EA's to OVER or UNDER value? What about knowing their job?

It's not exactly rocket science to study the values of other similar property, taking into account the things that raise the value and the things that lower the value, is it?

Slight difference when you have a unique property, which is where the experience that you have gained over the years, come into play.

I agree that, many times the valuation placed on any property by an EA is affected very much by what THEY think the buyer wants to hear, but thats where an EA needs to gain/maintain respect and educate the seller or the buyer, surely

chickmug

rizla01 wrote: »

To save me from searching, which views in particular, are you referring to and how do they differ.

Most of the views that I have read, with quite a few exceptions, are what I believe the majority of sellers/buyers think.

Perhaps this Forum allows more honesty and openness than you may experience?

Is there a good reason for EA's to OVER or UNDER value? What about knowing their job?

It's not exactly rocket science to study the values of other similar property, taking into account the things that raise the value and the things that lower the value, is it?

Slight difference when you have a unique property, which is where the experience that you have gained over the years, come into play.

I agree that, many times the valuation placed on any property by an EA is affected very much by what THEY think the buyer wants to hear, but thats where an EA needs to gain/maintain respect and educate the seller or the buyer, surely

Sorry but don't have the time to tackle your 1st para as I could spend a very long time on the matter and sorry but it is not why I post in here. Ask me specifics and I will always try and reply. Yes the forum is open and honest but it does attract certain types of people (me included) which in my experience (I repeat) are NOT the same as the people I deal with from day to day.

The only job most agents seem to know is how to maximise their income and this means telling the seller what they want to hear. A root problem is the commission based way EA's earn their income which will not (in any trade) ensure straight advice.

Sorry I can't give fuller reply but not on the forum for debate but to see who I feel I can help especially on issues with Ea's.

rizla01

No Probs Chick.

Nice chatting 2 U.