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Phil Spencer - Secret Agent


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HOLA441
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HOLA443

Yup

Phil Spencer...'not so secret **nt'

Not so secret agent anymore, since its hardly a surprise now for the vendors when he jumps out. In similar vein, can't understand how they can get away with series 2 of secret eaters. No secret now, concerning the covert surveillance, yet one woman thought she could get way with 4000 calorie curries.

Edit. the detached cottage looked reasonably price, where as the terraced 60s property way over. I can only conclude that the area is far superior with the latter.

Edited by crashmonitor
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HOLA448

Interestingly both Phil and house 2's agent tells the owner she asking too much.

Her agent tells her she needs to knock £15k to £20k off the asking price of £240k.

Owner says she has already knocked off £60k, but agrees to knock down the asking price to £225k.

Obviously it is still overpriced then.

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HOLA449

is this the bloke whose company finding buyers houses collapsed owing money?

its strange who people trust when they want advice on selling their house.

We had a laugh looking at background of some of these 'expert' frauds a few yrs back

Melissa Porter (Housing expert)

Previous job

"Bra marketing for M 'n S"

You know you can trust 'em, they is on TV you know :rolleyes:

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HOLA4410

Interestingly both Phil and house 2's agent tells the owner she asking too much.

Her agent tells her she needs to knock £15k to £20k off the asking price of £240k.

Owner says she has already knocked off £60k, but agrees to knock down the asking price to £225k.

Obviously it is still overpriced then.

Very similar to an old cottage near me, started on at £299,000 in 2004 and is now on at £210,000. It has been for sale on and off for nine years.

Rather a case of seeing your retirement dreams melt away. The vendor was similarly retired looking to cash in.

Edited by crashmonitor
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HOLA4411

I've just watched this on 4OD (oh come on, it's fun!).

Firstly, you guys who hunt the houses down on Rightmove are my heroes :lol: This one had a particularly horrible extension with no windows, and I can't understand why they didn't at least carpet it :unsure: She seemed nice enough though. I can't get my head around the asking prices though, why do they want so much? Surely these people must be downsizing? What do they need the money for, twigs? Or to pay off interest only mortgages?

The other lady was comedy gold :) I actually spat my coffee out when she told Phil that she'd put the awful casino carpet in storage :lol:

I wish them both well, but I can't understand why they don't just drop their prices a bit and move on with their lives :rolleyes:

P.s. There seemed to be a lot of innuendo, is that normal? I normally avoid Phil and Kirstie...

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I've just watched this on 4OD (oh come on, it's fun!).

Firstly, you guys who hunt the houses down on Rightmove are my heroes :lol: This one had a particularly horrible extension with no windows, and I can't understand why they didn't at least carpet it :unsure: She seemed nice enough though. I can't get my head around the asking prices though, why do they want so much? Surely these people must be downsizing? What do they need the money for, twigs? Or to pay off interest only mortgages?

The other lady was comedy gold :) I actually spat my coffee out when she told Phil that she'd put the awful casino carpet in storage :lol:

I wish them both well, but I can't understand why they don't just drop their prices a bit and move on with their lives :rolleyes:

P.s. There seemed to be a lot of innuendo, is that normal? I normally avoid Phil and Kirstie...

re downsizing.

My mother and her partner are downsizing from a three bed to a two bed cottage - selling for 245, buying for 360... :(

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House 2 now has the following on the description.

*** Recently improved by CHANNEL 4'S SECRET AGENT TV SHOW ***.

I'm sure that will cause a stampede of buyers.

I can't get my head around the asking prices though, why do they want so much? Surely these people must be downsizing? What do they need the money for, twigs? Or to pay off interest only mortgages?

I'm sure one of them, I think the first one, said she was still paying the mortgage despite being retired and needed to downsize because of this and the running costs.

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HOLA4415
reduce the price, sell it and move on - as your sister wanted to (she at least was sensible)

The EA told Phil he'd had to previously work the brother-owner to get him to come down to marketing it at £535K so obviously the brother inheritor had even higher expectations before.

The listing's pb history shows it came to market on 15th Sept, at least with that EA, and covers when they had the Secret Agent viewing day on 18th October 2012. Although pb seems to have only tagged that info on the 19th, which is probably because very few pb app viewers tracking that area on Rightmove?

The sister doesn't seem that sensible. After the viewings she said she was disappointed after Phil gently told them what the viewers had said about the pricing. (more or less the most generous viewer saying not worth over £500K). The brother's stoney face lol at hearing it. Then going into his research about what homes had sold for in the area, which seeing next door sold a few months ago for £465K he should reconsider. Market doesn't stand still. Phil had to remind them the work they had done to make it a bit more presentable was about marketability, not to add value.

Just hope loads of these stubborn hangers on for top asking prices, including loads of homes that inheritors have sought to rent rather than sell for less than they're worth in this market, will be dealt with in some sudden market corrections.

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I read an interview with a journalist once, Daily Mail probably, and she had agreed to pay Phil Spencer around £30,000 to find her a house.

The house turned out to be totally unsuitable for her but apparently Phil Spencer was still demanding his fee, increasingly aggressively.

To be honest, I thought the Bigger Fool was her. Surely if you want to buy a house then you know what you have in mind and you don't need to pay an obvious snake-oil merchant £30,000 to spend two or three days looking at houses for you, when they have only a vague second-hand idea of what you want.

You could go look at some houses yourself?

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HOLA4418

I read an interview with a journalist once, Daily Mail probably, and she had agreed to pay Phil Spencer around £30,000 to find her a house.

The house turned out to be totally unsuitable for her but apparently Phil Spencer was still demanding his fee, increasingly aggressively.

To be honest, I thought the Bigger Fool was her. Surely if you want to buy a house then you know what you have in mind and you don't need to pay an obvious snake-oil merchant £30,000 to spend two or three days looking at houses for you, when they have only a vague second-hand idea of what you want.

You could go look at some houses yourself?

In the commercial property world it's very unusual to acquire any property without retaining a property agent to act on your behalf. Unless you're well known large company with your own in-house property professionals it would be disadvantageous to deal with it yourself directly, which would be seen as unusual and small time.

Usually their fee/commission would only be paid if the deal completed though.

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HOLA4419

And it is Phil time again, here is our first house...

http://www.rightmove.co.uk/property-for-sale/property-31995316.html

was asking £500k, been for sale for over 2years.

and still for sale now at an asking price of £435k...

owner yet again wants to downsize,

:o and even Phil is shocked by the mess it is in when he first arrives, it looks like Cell Block H he says, and even the garden is full of dog mess.

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Estate agent says they are asking too much for house number 2. They should only be asking £210 to £215k after doing it up, says agent. and

the sellers does not look happy at that.

I saw this on property bee under the details of house number 2.

"LOOKING FOR YOUR DREAM HOME? CHANNEL 4's SECRET AGENT IS HOLDING AN OPEN HOUSE AT THIS RECENTLY REFURBISHED HOME - OPEN TO VIEW MONDAY 12TH NOVEMBER 3PM ONWARDS - PLEASE CONTACT CORNERSTONE FOR FURTHER DETAILS. "

ie...come and view and you can get your mug on tv. :lol:

House number 1 agent says they are still asking at least £25k overpriced. A valuation said it is only worth £425k when work has been done on it.

This show has just illustrated to me how delusional and stubborn sellers are these days, even when plainly told by the "experts" they are asking far too much.

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HOLA4424

Why does he get the agents round to discuss how the price is so wrong? They are the muppets who valued the houses in the first place!

:lol: Good point.

Perhaps proof agents overvalue to get business then hope to get sellers to reduce when they get zero interest, which of course they are reluctant to do. Once the agent has given them that over inflated original value, most of them have probably in their heads, already spent their profit. :lol:

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HOLA4425

:lol: Good point.

Perhaps proof agents overvalue to get business then hope to get sellers to reduce when they get zero interest, which of course they are reluctant to do. Once the agent has given them that over inflated original value, most of them have probably in their heads, already spent their profit. :lol:

Yep, and any reduction is now a 'loss'

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