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rantnrave

Motivated Seller Now A Selling Feature!

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Just spotted this on Rightmove. Their caps, not mine!

WOODHEAD ESTATES are pleased to present this two bedroom ground floor retirement apartment to the market. Boasting a sought after central town location, NO CHAIN and MOTIVATED SELLER. Viewings are highly recommended to appreciate this property and Regent court's facilities....

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How do they determine the seller is motivated? Physchometric testing? Or just get them to sign a bit of paper saying "I AGREE TO SELL FOR ANYTHING UPTO 50% LESS THAN THE ASKING PRICE"

cos ud hope all sellers would be 'motivated'

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It means that it is over priced by 20% to account for the negotiation and they hope to get away with knocking off 10% and let a dim buyer feel like they got a deal.

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How do they determine the seller is motivated? Physchometric testing? Or just get them to sign a bit of paper saying "I AGREE TO SELL FOR ANYTHING UPTO 50% LESS THAN THE ASKING PRICE"

cos ud hope all sellers would be 'motivated'

:D:D:D

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I think it's code for "willing to negotiate" rather than "pig-headedly sticking to an asking price they have no hope of getting".

But even when I have seen that, the conservation with the EA reveals that "willingness" is 2 or 3% below asking

tim

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Just spotted this on Rightmove. Their caps, not mine!

WOODHEAD ESTATES are pleased to present this two bedroom ground floor retirement apartment to the market. Boasting a sought after central town location, NO CHAIN and MOTIVATED SELLER. Viewings are highly recommended to appreciate this property and Regent court's facilities....

I wouldn't get too excited - it's a retirement apartment and they can be harder than average to sell, at least partly because of often very high maintenance/service charges.

And it's no surprise that they're motivated - either the owner's died (probate) or had to go into a home (fees to pay).

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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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