Estate Agents

[Guest rigsby II]

More for devilment really and just to gauge reaction I looked at these two houses. (I have no intention of buying here)

Brand new you can get it for £185k and I'm sure some incentives off.

http://www.rightmove.co.uk/viewdetails-6901472.rsp

But buy it secondhand and you have to pay £220K

http://www.rightmove.co.uk/viewdetails-8682974.rsp

This went for £150k last year and she can't sell it - this is second agent - never been any offers - she told me.

http://www.houseprices.co.uk/e.php?q=8+Eld...+Hiendley+&n=10

So I said, how can it have gone up £70,000 in a year, she said I know, but it hasn't sold has it - we are not selling anything over £170K they are not selling at all - she said she would ask the vendor to see how low she would go - no reply - (she was very nice EA to talk to - very honest about the situation)

So I phoned up just now, got another woman EA this time, she said to me what had you offered, I said I hadnt offered anything but was looking around £160K - she laughd and then apologised for laughing - she said she knew the woman and that she had bought several houses on this dev and she wouldnt budge.

So I said how come I can buy for £185K brand new and £220K secondhand, she said I know but you can always buy cheaper off the developer and that when they are all sold, the price you will have to pay will shoot up to £220K. (she was a typical EA still full of boom-gas)

Theres a long way to go yet...