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Foxtons Share Price And The Housing Market - Merged


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10 minutes ago, rantnrave said:

Falling again.

65.5p right now

At some stage a aggressive agency is going to put preservation first and call out the price falls.

I do not see any benefit in saying to people "its temporary" or list it for 20% over and see what happens.

If we are right and its about to fall then someone is going to have respect for saying we will sell your home but the market is falling so get in there and be aggressive.

I do not know Foxtons that well but I hear they are proactive with sales and pricing, it would be good if this went the other way out of necessity.

but maybe their model only works in a rising market and they are doomed

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32 minutes ago, Fromage Frais said:

At some stage a aggressive agency is going to put preservation first and call out the price falls.

I do not see any benefit in saying to people "its temporary" or list it for 20% over and see what happens.

If we are right and its about to fall then someone is going to have respect for saying we will sell your home but the market is falling so get in there and be aggressive.

I do not know Foxtons that well but I hear they are proactive with sales and pricing, it would be good if this went the other way out of necessity.

but maybe their model only works in a rising market and they are doomed

Agreed. IF they were to put survival first, they'd go for the jugular at prices and make the market moving. However, they are EAs and you can't change their nature. Most of their employees are probably brainwashed and have only been on the market for a few years.

I reckon they'll go under/get swallowed in a consolidation before they see the light. 

 

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5 hours ago, Fromage Frais said:

At some stage a aggressive agency is going to put preservation first and call out the price falls.

I do not see any benefit in saying to people "its temporary" or list it for 20% over and see what happens.

If we are right and its about to fall then someone is going to have respect for saying we will sell your home but the market is falling so get in there and be aggressive.

I do not know Foxtons that well but I hear they are proactive with sales and pricing, it would be good if this went the other way out of necessity.

but maybe their model only works in a rising market and they are doomed

Some already do but its a message that most people don't want to hear, so think that they have to give their sale to guy with the top price and super confident pitch.

They do this even when in their heart they know they have little chance of getting the promised high price, FOMO rules.  

   

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56 minutes ago, Doctor SickoPants said:

Rye bay are out having held a 1.9% short. Blackrock also down to zero from over 3%.

https://shorttracker.co.uk/company/GB00BCKFY513/

Maybe Osborne, who now advises at Blackrock, has an idea of what's in Wednesday's budget. Short covering doesn't appear to have helped the SP though.

There is no way on God's green that I would be short a stock like that through budget day.

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4 minutes ago, Funn3r said:

Based on "good news" in the budget I guess. A bit premature in my opinion - it all has to translate into actual transactions completed for there to be any benefit to Foxtons.

You dont go down William Hill and place a line after the horse has crossed the line.

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44 minutes ago, TheCountOfNowhere said:

You dont go down William Hill and place a line after the horse has crossed the line.

Nah you find out from your friends at the stables which horse is being pumped full of roids and bet on that one.

*Disclaimer* I know f'all about animals or farms or any of that.

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44 minutes ago, Calcutta said:

Nah you find out from your friends at the stables which horse is being pumped full of roids and bet on that one.

*Disclaimer* I know f'all about animals or farms or any of that.

not far from the truth 

 

or speak to the dog trainer about who had been fed up or starved before the race. 

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