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House Price Crash Forum


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Everything posted by bazquin

  1. It is of consequence. I am currently looking and am only prepared to view properties wheer there is no chain. As someone who has been involved in property for many years I know it is by far the easiest and fastest way to buy. Tghe more people in the chain the slower it will be. theer are more chances of someone changing their mind and pullling out. More opportunies for a buyer in the chainto be refused a mortgage, a solicitor to be totallyb useless and many other factors that cause chains to break or crawl on a a snail's pace.
  2. No agent gets anywhere near £300 from a solicitor. The norm is £50, £100 at most. Solicitors justadd any agreed referal fee to their standard fees and pass that to the agent For the solicitor to pay £00 would just make them totally uncompetitive. Additionally solicitors are touting the agents for business constantly and even though a solicitor may be referred for a fee, if they do not perform they will be dropped by the agent for another solicitor who will offer the agent the same fee.
  3. And as it happens I think 1.6 for this property in this road is about right. So you wish ill on someone just because they will not sell you a property at 300k less than they will get from someone else. Oddly enough nor would I.
  4. I find it incredible that people here cheerfully state they want someone to break and hip and or die. I dread to think what you must be like and how bitter and unpleasant your must be. Disgusting filth.
  5. Valuations are just one person's opinion, be they a surveyor or an estate agent. these people are just human beings and are not infallible and like us all have personal preferences and dislikes. Frankly, when I am selling properties I expect theer to be a wide range of prices which is why you should always get at least 3 valuations. Anyone can get lucky with a single buyer prepared to offer over the odds, but the true test is if there are more than one which in this case there obviously was, indicating that the property is worth this money to a buyer at this point which is all any seller
  6. I have just sold 2 properties for slighly over the price paid on 2007 with nothing done to them at all by way of improvements, not much over about 10k, both went in a week.
  7. Quote : Don't be surprised if someone much more polite gets to see the best properties which come on first. Reply : Are you really naive enough to think thats how it works, the person who gets to see the best properties is the person who happens to spot the best properties on rightmove and phones the agent first, they have a standard list and they email everyone on their books about them. Its sales and its money, not saying you need to be horrible to them but if they think they can get commission out of you they will, whether you are a **** about it or not is ultimately irrelevant. As some
  8. As a smallish developer over many years we always anticiptate a HUGE slow down during any major sporting event, be it World Cup football, Rugby Olympics et al. It is normal. We have 3 sites currently being sold and told all staff to go home at 2. Even if they are not interested in football it is boring for them to be on site knowing that they are wasting their time being there, and it is a gesture that is appreciated. I have contacts who own their own businesses in the motor, lorry carpet and furniture fields and it is the same for them. My local pub reports a huge rise in takings though
  9. S/O works for many people. As a developer I can assure you that it does NOT mean you can ONLY sell back to the developer at a price they agree. In 99% of all agreements you can sell 100% of the property to a willing buyer or the amount you have bought. The association you have bought from will have their own re-sale dept for people looking to buy S/O. The company you own the share with also have a vested interest to get the best price as they own a share of it. The housing assocciatiion are also Non-profit makinbg organisations and most people within them have an ethos that is focused on h
  10. I cannot imagine why he did. Why he thought this was worthy of reporting is beyond me. I know a very experienced surveyer who thinks prices will rocket next year but I would not bother to start a thread on it, and actually who cares anyway it is just one person's opinion.
  11. So 1 agent says the market is going to crash and burn, must be true then!
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