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interestrateripoff

Make Me An Offer - The New Way To Sell Your Home?

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Having just been down to my local shops I was walking past the local EA's windows and decided to have a look at what houses where up for, I was surprised to see a number of homes up for sale with "Make me an offer" and no price listed.

Are EA's giving up trying to put a value on a home due to falling values?

Are any of you seeing this in other EA windows?

make5gy8.jpg

Porn Pic sample more on page2 of this thread.

Edited by interestrateripoff

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I have also been to a few EA's and I detect a large change of sentiment.

Each time I go in I say that I am looking for a place - but the price has not to be at 2007 prices otherwise I will not view. The EA's previously laughed - this time they are attentive and now call me to discuss potential properties.

I feel that the market is in for its next leg down - especially with redundancies in the driving seat.

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I have also been to a few EA's and I detect a large change of sentiment.

Each time I go in I say that I am looking for a place - but the price has not to be at 2007 prices otherwise I will not view. The EA's previously laughed - this time they are attentive and now call me to discuss potential properties.

I feel that the market is in for its next leg down - especially with redundancies in the driving seat.

I think you have hit the nail firmly on the head here.

It is down down down from here.

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got a link to any properties that have "make me an offer" on them. just to see if they are half decent or total degenerate stock anyway?

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Having just been down to my local shops I was walking past the local EA's windows and decided to have a look at what houses where up for, I was surprised to see a number of homes up for sale with "Make me an offer" and no price listed.

Are EA's giving up trying to put a value on a home due to falling values?

Are any of you seeing this in other EA windows?

Surely not, 'Make me an offer', on a number of homes in EAs windows and no price listed.

Sorry I don't believe it.

Whereabouts in the country are you?

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Having just been down to my local shops I was walking past the local EA's windows and decided to have a look at what houses where up for, I was surprised to see a number of homes up for sale with "Make me an offer" and no price listed.

Are EA's giving up trying to put a value on a home due to falling values?

Are any of you seeing this in other EA windows?

Two years ago they were telling people, you can only make an offer, once we have seen you mortgage in principle letter.

Last year they were saying prices may fall a little, but prices never reduce for long, look at this graph over the past 50 years.

This year they are saying make us an offer. :lol::lol::lol:

Whats next years trick, we'll accept any reasonable offer and give you 50% cashback.

They are screwed and dont they just know it.

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http://www.winkworth.co.uk/Sale/Houses/Lis...rl=hillsborough

Page 5 and 9 have properties on with Make Me An Offer.

Page5

MAKE ME AN OFFER! * VIEWING OPEN DAY SAT 10th & SUN 11th JANUARY 11-3* This is a rare opportunity to acquire this well presented four bedroom semi detached property which is situated in this sought after residential location towards the border of Wadsley

Page9

MAKE ME AN OFFER! An opportunity has arisen to acquire this three bedroom detached property which is located in in a cul-de-sac in this popular residential area with access to public transport links, schools and the motorway network.

There are others if you scroll through, but it appears on the website they are placed in with houses what I think the EA thinks you should be offering to buy.

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Surely not, 'Make me an offer', on a number of homes in EAs windows and no price listed.

Sorry I don't believe it.

Whereabouts in the country are you?

Sheffield.

I didn't believe myself when I walked past, nearly to a photo of it.

If I feel like it tomorrow I'll go down and photo the shop window and post the photo.

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POA, means price on application.

They do have a price guide, you have to ask.

Repos, or desperate sellers, how low do they go?

Above reply was to the Winkworths link above. I would guess that your EA in Sheffield has a price guide also.

Daily Mail might like your photo. Scare a few punters into a lower price.

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POA, means price on application.

They do have a price guide, you have to ask.

Repos, or desperate sellers, how low do they go?

As I said when I walked past the window it was full of Make me an offer where the price was in the ads.

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Been looking around some EA's today but here on the South Coast it seems we are still firmly in the denial stage. Lot's of properties with 'OIEO' tags with vendors not willing to budge on price.

Asked about one of these 'OIEO' properties which is also is up for rent and the EA said that the family have found somewhere else and is committed on their new property but will most likely end up becoming a BTL with their current house. Seems a potentially dangerous situation in the long term!

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There is no point getting all excited when you read threads like this.

I looked in our local property paper today. There is hardly anything for sale.

People are just sitting it out like I said. Granted you will get a few bargains but I've still yet to see anything decent going cheap. There is a pecking order before Joe Public will ever get a crack at a cheapy anyway.

Estate agent.

Estate Agents Family.

Estate Agents property developer friend.

Once it's been through that lot it's hardly worth having anyway. Just the rubbish left.

Good things cost. Remember that.

What a load of tosh. :lol:

I live in Hampshire and am watching prices plummeting on propertybee, with reductions in asking prices of up to 50% on really nice detached houses.

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Been looking around some EA's today but here on the South Coast it seems we are still firmly in the denial stage. Lot's of properties with 'OIEO' tags with vendors not willing to budge on price.

One I've seen lately is 'Sensible offers considered'.

Very tempting to point out to the EA that most people's idea of a 'sensible' offer at the mo is at least 30% off.

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One I've seen lately is 'Sensible offers considered'.

Very tempting to point out to the EA that most people's idea of a 'sensible' offer at the mo is at least 30% off.

And they may very well agree with you, it's the sellers that you could have difficulty with.

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Been looking around some EA's today but here on the South Coast it seems we are still firmly in the denial stage. Lot's of properties with 'OIEO' tags with vendors not willing to budge on price.

(Same area, perhaps same EA?)

One of the OIEO that I saw was for IIRC 100K, making it the cheapest flat in the block. Others were on offer at 125/130.

I asked the EA why the difference and he rudely pointed me at the word "excess" on the ad. So when I said that 101 was still much cheaper, he said that the lady actually wanted 120 plus.

I asked, do you really think people are going to offer 20% in excess, he said yes, I walked out

tim

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(Same area, perhaps same EA?)

One of the OIEO that I saw was for IIRC 100K, making it the cheapest flat in the block. Others were on offer at 125/130.

I asked the EA why the difference and he rudely pointed me at the word "excess" on the ad. So when I said that 101 was still much cheaper, he said that the lady actually wanted 120 plus.

I asked, do you really think people are going to offer 20% in excess, he said yes, I walked out

tim

Have never understood the OIEO way of marketing for this reason.

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I have also been to a few EA's and I detect a large change of sentiment.

Each time I go in I say that I am looking for a place - but the price has not to be at 2007 prices otherwise I will not view. The EA's previously laughed - this time they are attentive and now call me to discuss potential properties.

I feel that the market is in for its next leg down - especially with redundancies in the driving seat.

-------------------------------------------------------------------------------------------------------------------------------------------

I have emailed a EA in Boston Lincolnshire twice now with a cash offer for £160,000 on a house, and im still waiting for a reply, it was 15% lower than they are asking though

Edited by Average-Chap

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-------------------------------------------------------------------------------------------------------------------------------------------

I have emailed a EA in Boston Lincolnshire twice now with a cash offer for £160,000 on a house, and im still waiting for a reply, it was 15% lower than they are asking though

You are better off phoning EAs and then sending in an email for auditing purposes.

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Guest theboltonfury
There is no point getting all excited when you read threads like this.

I looked in our local property paper today. There is hardly anything for sale.

People are just sitting it out like I said. Granted you will get a few bargains but I've still yet to see anything decent going cheap. There is a pecking order before Joe Public will ever get a crack at a cheapy anyway.

Estate agent.

Estate Agents Family.

Estate Agents property developer friend.

Once it's been through that lot it's hardly worth having anyway. Just the rubbish left.

Good things cost. Remember that.

yeah - because estate agents and their contacts rule the world. That's why they are all on 9k + comm and can barely command conversation

I bet these guys buy all the houses

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Just emailed an offer myself tonight for a 4 bed detached house in Hampshire.

The most recent sale on the avenue was £272,500 last year but i've offered a management company £185,000 for a house that is up for £214,500.

If they accept it will take prices back to March 2002 on that avenue.

And i'd still lose money over the next few years. :lol:

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I was asked by an EA the other day to 'make an offer'. I had offered to rent the property but he asked 'out of interest' what would I be willing to offer to buy it?

I replied that as I was expecting 40% off on a peak-to-trough basis it was unlikely his client woudl be interested in any offer I would make. I am waiting to see if he comes back.

I also saw another house today up for rent but the owner has also put 'offers to purchase will also be considered'.

I do think this 'make me an offer' gambit is growing among EAs because it gives them an excuse to ring the client with something in thei rhand to talk about rather than just ringing them and telling the vendor to drop their asking price out of the blue. It gives them some leverage to start talking about a price reduction.

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  • 284 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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