We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
What's the point of POA?
dramaticat
Posts: 34 Forumite
I occasionally see this when I'm browsing the listings on Rightmove and I'm just curious. What's the point of not stating a price? How can you negotiate without having an idea of the seller's position - and potential buyers don't want the hassle of making a phone call to the Estate Agent to find out it's out of their range, do they? (Or does the fact a property is listed as POA mean it's far too expensive and exclusive for anyone to ever afford? :rotfl:)
And how does not having a price listed affect searches on Rightmove?
There's one property in my search area that originally went on Rightmove stating a price, and then changed to POA - anyone who saw the original listing or who uses Property Bee will know what that price is anyway!
No connection to anything I'm doing - I'm just curious about the tactics here.
And how does not having a price listed affect searches on Rightmove?
There's one property in my search area that originally went on Rightmove stating a price, and then changed to POA - anyone who saw the original listing or who uses Property Bee will know what that price is anyway!
No connection to anything I'm doing - I'm just curious about the tactics here.
Save
Save
Save
0
Comments
-
Probably puts it at the top when looking priced low to high. Rubbish tactics really, unless its a 10 bedroom 10 bathroom 4 kitchen (one of each leg of the chicken!) mansion with 2 hut tubs.0
-
Sellers may not want neighbours to know how much they're asking. For very expensive houses EA may ask you to prove you would be a genuine prospective buyer before revealing price.If you are querying your Council Tax band would you please state whether you are in England, Scotland or Wales0
-
foxy-stoat wrote: »Probably puts it at the top when looking priced low to high. Rubbish tactics really, unless its a 10 bedroom 10 bathroom 4 kitchen (one of each leg of the chicken!) mansion with 2 hut tubs.
Rightmove actually puts it in the right order (the person listing puts a price but ticks to not disclose it), so you can get an idea of its price by looking at the listing above and below, its in that range. You can also expand your search to get more properties to narrow that range down.0 -
Usually with POA houses it's a case of "if you have to ask the price you (probably) can't afford it"!
This house near us is a good example URL="http://www.rightmove.co.uk/property-for-sale/property-49455061.html"]link[/URL... realistically the sort of person who is buying a house like this isn't sat on the sofa browsing through Rightmove wondering if the vendor will knock £5k off the asking price and leave the tumble dryer.
But Estate Agents like to have these kind of Premium houses floating around on rightmove etc as it enhances their brand and adds a sparkle of glamour to their usual stock of 3- and 4-bed suburban homes.0 -
That's my house, and it's more than £250k - so naff orf, you can't afford it. :rotfl:
This house near us is a good example URL="http://www.rightmove.co.uk/property-for-sale/property-49455061.html"]link[/URL...0 -
I don't get the 'we don't want the neighbours to know' angle - once the house is sold, they can easily find out what price it sold at.
I can see how it could be part of a system to filter out time-wasters. But the EA still has to do whatever "vetting" of potential buyers is necessary to determine this, so can you not just instruct them to do this when you do list a price?0 -
Usually with POA houses it's a case of "if you have to ask the price you (probably) can't afford it"!
This is true - and I certainly won't be buying the house I've seen listed :-)
But if it was in my price range, I think I'd still be put off by not knowing the price without extra effort on my part.0 -
dramaticat wrote: »I don't get the 'we don't want the neighbours to know' angle - once the house is sold, they can easily find out what price it sold at.
I can see how it could be part of a system to filter out time-wasters. But the EA still has to do whatever "vetting" of potential buyers is necessary to determine this, so can you not just instruct them to do this when you do list a price?
We've offered you suggestions, not reasons to support the use of POA and I think POA is counter productive anyway. People can be very funny about neighbours knowing their business, once they've moved, it doesn't matter, they're no longer neighbours.If you are querying your Council Tax band would you please state whether you are in England, Scotland or Wales0 -
Great answer :TANDR£W0
-
2 hut tubs.
I prefer a couple of bathrooms myself.....:D0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 349.7K Banking & Borrowing
- 252.6K Reduce Debt & Boost Income
- 452.9K Spending & Discounts
- 242.6K Work, Benefits & Business
- 619.4K Mortgages, Homes & Bills
- 176.3K Life & Family
- 255.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 15.1K Coronavirus Support Boards