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Bob Loblaw

Make An Offer Day! Dont Miss Out!

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http://www.rightmove.co.uk/property-for-sale/property-26773033.html

32831_NDP06476_IMG_00_0001.JPG

MAKE AN OFFER DAY.Up to 20% off. Over 50 property owners have agreed to consider accepting offers on their homes with reductions of at least 5% and, in some cases, 20%.MAKE AN OFFER DAY - 1 DAY ONLY - TUESDAY 19TH OCTOBER. DON'T MISS OUT!

I am tempted to call and make an offer for this one of 30% off the asking price. Just to upset the owner.

Are we at the fear phase yet?

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An agent near my other half in North Wales has just done this too - they've changed about half of all their listings to start with "***** YOU HAVE 7 DAYS TO MAKE ME AN OFFER I CAN NOT REFUSE FROM THE 11TH TO THE 18TH OCTOBER *****".

What the hell does that even mean? Do they think people won't make offers any other time? And what exactly is "an offer I can not refuse"? Actually, for North Wales I think that means: any offer whatsoever. The place is royally screwed - agents have started knocking 10-20% off houses that have been on the market for over two years, and they're still not selling.

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Interesting - how widespread is this?

Can't say my approach has been particularly scientific, but I've been checking for a year or so, and recently it does seem to me that some realistic price cuts have started to take place. Not to say they're at prices I'd consider paying yet, but they're getting better.

And there are still lots of numpties around - one of our neighbours put their house on the market in April for silly money, had almost no viewings for five months, and have now taken it off rather than reduce it... :rolleyes:

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lovely, another new build 20 meters from a motorway. Driving past swindon i notice they built a huge new estate next to the M4, for people who like 24hr a day road noise.

Probably no where else to build, Swindon is the new estate capital of the South West. Probably because all the surrounding towns and villages are too 'prestigious' to allow too much new builds to be done in them. Whereas Swindon is a relatively recent large town (as large as some cities) so less oldies opposing new builds at least to the point where the Swindon council think the bribes from large builders are worth taking :P

I'm sure there is some bribery going on, most likely the large housebuilders (I wouldn't use the term home for those houses!) get the land much cheaper due to their good relationship with local government.

My father and brother bought a house together in Swindon a couple of years ago despite me warning them not to, basically almost at the top of the market just before the dead cat bounce. Then my brother likely finally learned how much of a bad investment he had made and pulled out of his half of the mortgage (spoken agreement) leaving my father with the debt all to himself, on top of that he has an unsalable house in France with all his capital tied up in it.

Funniest part was after they bought the house and prices started crashing again my father was like "well it's all very well saying it after the fact" when I clearly warned him and my brother multiple times before they bought it. One time I was warning him he even agreed with me and seemed to believe me but still went and bought the house.

I would say my father/brother are both above average intelligence and career wise quite successful, I'd put them in the top 10%. And yet they have no financial sense. They also both considered themselves to be considerably cleverer than me! Which is likely why my advice fell on deaf ears.

Edited by Saberu

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An agent near my other half in North Wales has just done this too - they've changed about half of all their listings to start with "***** YOU HAVE 7 DAYS TO MAKE ME AN OFFER I CAN NOT REFUSE FROM THE 11TH TO THE 18TH OCTOBER *****".

What the hell does that even mean? Do they think people won't make offers any other time? And what exactly is "an offer I can not refuse"? Actually, for North Wales I think that means: any offer whatsoever. The place is royally screwed - agents have started knocking 10-20% off houses that have been on the market for over two years, and they're still not selling.

I agree with this. Basically anything over £100K in some parts of North Wales seems to stay there forever. Good luck to the sellers - they obviously like their places as they'll be living there for a while. I don't know how the Estate Agents stay in business though.

I offered 50% off one derelict as it didn't actually have the electricity or water supply the EA claimed it had. The Estate Agent didn't blink at all and offered to get in touch if the buyer reduced it that much (apparently their second attempt at selling).

Edited by greencat

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They also both considered themselves to be considerably cleverer than me! Which is likely why my advice fell on deaf ears.

Sounds like that was the problem. And i guess that's why everyone fell for it, they all thought they were making shrewd moves when in fact they were just following the advice of tabloids and property porn shows. How thick most of us are :rolleyes:

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Lots of this going on round my way too.

First it was a whole heap of properties on from one agent with a special "OPEN WEEKEND - No need to book" offer. Then a couple of other agents jumped in and did it.

But then - after the weekend, it changed to saying the offers were going on until 15th October (from memory). And I've noticed a lot of them have dropped even further in price since the initial "Get Moving Weekend".

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lovely, another new build 20 meters from a motorway. Driving past swindon i notice they built a huge new estate next to the M4, for people who like 24hr a day road noise.

Is that a bit like dreaming of a small stream running through your garden for the modern man?

I still get a thrill from the occasional really large lorry bumping over the Westway at night. My bed moves. Still, it will NEVER beat the tyre fire at the local bus depot by the canal. I love the smell of burning rubber in the morning :)

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Make an offer to turn it into Army Barracks.

Funny you should say that. The estate was originally billed as executive country living. The first few sold for high £300,000s. Then they found they couldn't sell so started discounting and the BTL and MOD moved in and bought up around three quarters of the estate. It is now known locally as 'little Catterick' after the nearby army camp.

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Funny you should say that. The estate was originally billed as executive country living. The first few sold for high £300,000s. Then they found they couldn't sell so started discounting and the BTL and MOD moved in and bought up around three quarters of the estate. It is now known locally as 'little Catterick' after the nearby army camp.

Interesting. I knew Catterick was nearby there but I was just referring to the appearance of the houses being contemporary barrack style.

So the style might not have been a complete coincidence assuming a level of preplanning for lack of sales due to overpricing in that area.

Edited by billybong

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http://www.rightmove.co.uk/property-for-sale/property-26773033.html

32831_NDP06476_IMG_00_0001.JPG

I am tempted to call and make an offer for this one of 30% off the asking price. Just to upset the owner.

Are we at the fear phase yet?

WOW !!

When you wrote...

"MAKE AN OFFER DAY.Up to 20% off. Over 50 property owners have agreed to consider accepting offers on their homes with reductions of at least 5% and, in some cases, 20%.MAKE AN OFFER DAY - 1 DAY ONLY - TUESDAY 19TH OCTOBER. DON'T MISS OUT!"

...I thought you'd made that up to take the mickey out of the real Rightmove sales description.

Turns out this is the real Rightmove sales description !!!

Once again - WOW !! :o

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.

.

.

.

.

.

.

.

(This is helping to alleviate my Post -3.6% Blues... :) )

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Lots of this going on round my way too.

First it was a whole heap of properties on from one agent with a special "OPEN WEEKEND - No need to book" offer. Then a couple of other agents jumped in and did it.

But then - after the weekend, it changed to saying the offers were going on until 15th October (from memory). And I've noticed a lot of them have dropped even further in price since the initial "Get Moving Weekend".

Was this Countrywide estate agents? They were doing this in Essex under the name bairstow eves (countrywide owns them and many EA chains) they did an open weekend a few weeks ago, they must have really put pressure on the vendors as just about every house that changed to OPEN WEEKEND also had a price drop. Didn't see any of them sell.

Also saw one similar that was BEAT THE VAT INCREASE! What actually do you pay VAT on with regards to a house purchase?

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Best not to view or make any offers now IMO, the less participation in the market now the better, let the silly decisions people have made firmly take shape in their minds, that leads to the next stage of default or proper (over 40%) price cuts. Let the sheeple and the EA`s stew in the HPC pot for a while cooking up a lovely CRASH.

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WOW !!

When you wrote...

"MAKE AN OFFER DAY.Up to 20% off. Over 50 property owners have agreed to consider accepting offers on their homes with reductions of at least 5% and, in some cases, 20%.MAKE AN OFFER DAY - 1 DAY ONLY - TUESDAY 19TH OCTOBER. DON'T MISS OUT!"

...I thought you'd made that up to take the mickey out of the real Rightmove sales description.

Turns out this is the real Rightmove sales description !!!

Once again - WOW !! :o

.

.

.

.

.

.

.

.

.

(This is helping to alleviate my Post -3.6% Blues... :) )

+1

Thought it was a joke. Then read the copy and realised it was in print, but it's still a joke.

What happens after the day and it's not sold? They demolish it presumably. Probably wouldn't notice a difference, not my cup of tea.

Edited by Redcellar

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Is that a bit like dreaming of a small stream running through your garden for the modern man?

I still get a thrill from the occasional really large lorry bumping over the Westway at night. My bed moves. Still, it will NEVER beat the tyre fire at the local bus depot by the canal. I love the smell of burning rubber in the morning :)

I got an even bigger thrill on that self same elevated bit of the westway of having a single tyred wheel bouncing merryly directly towards me whilst I was doing 70mph on my motorbike - which was nice -

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I got an even bigger thrill on that self same elevated bit of the westway of having a single tyred wheel bouncing merryly directly towards me whilst I was doing 70mph on my motorbike - which was nice -

Did you duck? Or a james bond style sideways slide just as it bounces inches over your head?

I make light of it presuming you were 'A' OK weren't you?

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  • 245 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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