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.

Selling Acronyms

Options
Goath
Goath Posts: 63 Forumite
First Anniversary First Post
edited 4 December 2017 at 4:02PM in House buying, renting & selling
Selling Acronyms





My Question is, what is best to have on a listing out of all them :-

No Acronym

(I don’t really want to have “in excess of” I don’t like the sound of it)

Or

Offers in the region of – I would like viewers to know that I am open to offers.

Many Thanks
«1

Comments

  • Comms69
    Comms69 Posts: 14,229 Forumite
    Name Dropper First Anniversary First Post
    Options
    Honestly it actually makes no difference.


    Offers in excess off doesn't make a difference. I'd still look, and offer what I thought was reasonable. which could well be less.
  • glentoran99
    glentoran99 Posts: 5,821 Forumite
    First Anniversary Combo Breaker First Post Debt-free and Proud!
    Options
    Offers around
  • davidmcn
    davidmcn Posts: 23,596 Forumite
    Name Dropper First Anniversary First Post
    Options
    "Excess" does have negative connotations. In Scotland it's generally "offers over" which is a bit simpler - why use four words when you can use two? (and in practice sellers are often still open to offers below).
  • JoJo1978
    JoJo1978 Posts: 375 Forumite
    First Post
    Options
    My house had a guide price of x-x. We accepted an offer from someone who offered something below the bottom end. We did that to get into 2 purchase brackets on Rightmove.

    We purchased something that had a fixed price no abbreviations. Still offered below that price got accepted. We accepted that offer due to the circumstances of the vendor.

    Doesn’t really make a difference would be my opinion
  • Aylesbury_Duck
    Aylesbury_Duck Posts: 13,993 Forumite
    First Anniversary First Post Name Dropper
    Options
    Comms69 wrote: »
    Honestly it actually makes no difference.


    Offers in excess off doesn't make a difference. I'd still look, and offer what I thought was reasonable. which could well be less.
    Exactly this. Don't get hung up on marketing descriptors, they are utterly pointless.

    "Competitively priced" is a personal favourite, along with "Priced to sell". A complete waste of words on the page/screen.
  • Comms69
    Comms69 Posts: 14,229 Forumite
    Name Dropper First Anniversary First Post
    Options
    Exactly this. Don't get hung up on marketing descriptors, they are utterly pointless.

    "Competitively priced" is a personal favourite, along with "Priced to sell". A complete waste of words on the page/screen.



    Gotta get those buzzwords in!


    Spacious property, priced to sell, close proximity to transport links.


    = Normal property at this price, there's a bus stop with-in 300 metres....
  • ReadingTim
    ReadingTim Posts: 3,970 Forumite
    Name Dropper First Anniversary First Post
    Options
    To me, (in England) any acronym suggests a qualification to the price or offer process - a sort of "yes, but...." statement from the seller which I could do without. It may not mean it, but it certainly says it.

    I'd ditch it - if you're confused then your buyers will be too.
  • frugalmacdugal
    frugalmacdugal Posts: 10,077 Forumite
    Name Dropper First Post Photogenic First Anniversary
    Options
    Hi,

    folks will pay what they think house is worth, and what they can afford.

    I like talking face to face with sellers/viewers, then you can negotiate, shake hands, and go see solicitor, get legalities sorted.
  • 00ec25
    00ec25 Posts: 9,123 Forumite
    Combo Breaker First Post
    Options
    OIRO is not an acronym, as you do not pronounce the letters as their own word. It is merely an abbreviation.

    "Offers in the region of" is simply full blown wording. It is meaningless, and has no place in selling property in the England and Wales property market (I know nothing about Scotland or N Ireland) as this is one of the few places where we still "haggle" and "expect" to buy for anything other than the stated price. Therefore, "offers in the region of" is implicit to the straightforward word "price".

    "offers in excess of" can be regarded as a turn off by many as it implies the vendor has a fixed price below which he will not go. A price the purchaser may well regard as too high to begin with so won't bother. In addition, there is no "pleasure"(?) to be obtained by the purchaser from the haggle, and thus the purchaser does not feel "content" that they secured THE Deal they wanted.

    priced to sell is also meaningless since it will sell for what it fetches. "Discounted by 20k to comparable properties sold prices within the last 2 months" would be more meaningful, but I somehow doubt you'd ever see that used :D
  • Surrey_EA
    Surrey_EA Posts: 2,042 Forumite
    First Anniversary First Post
    Options
    00ec25 wrote: »
    OIRO is not an acronym, as you do not pronounce the letters as their own word. It is merely an abbreviation.

    Would it not be an initialism?
This discussion has been closed.
Meet your Ambassadors

Categories

  • All Categories
  • 343.2K Banking & Borrowing
  • 250.1K Reduce Debt & Boost Income
  • 449.7K Spending & Discounts
  • 235.3K Work, Benefits & Business
  • 608.1K Mortgages, Homes & Bills
  • 173.1K Life & Family
  • 247.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.9K Discuss & Feedback
  • 15.1K Coronavirus Support Boards