porca misèria Posted January 8, 2015 Share Posted January 8, 2015 I think I just worked out what a spiteful offer might be...."I offer £200K but you're an ugly hair gelled c***t of a tw*t" ??? Pointless. You can hit so much harder with "I offer £200K but you're an Estate Agent". Quote Link to comment Share on other sites More sharing options...
Errol Posted January 8, 2015 Share Posted January 8, 2015 Absolutely loved this in the comments underneath: "Anthony Papagallo • an hour ago the family home I inherited when my father died, a three bed detached cottage in Paddington with off street parking ( a small driveway really) and a garden (relatively rare in paddington) was valued before christmas at just over two million. Now dont get me wrong, Im not complaining but my father was an Electrician and and my mother, a cleaner for London Transport, bought that place in 1971 and paid barely three thousand pounds for it, I remember they worked hard to keep that roof over our heads through the late 70's when work was thin on the ground. Im selling the place and splitting the money with my siblings, the people who have looked at it so far have turned up in chauffeur driven cars and had Personal Assistants with them making notes, It made me think wistfully of my working class parents struggling to pay the mortgage on their meagre wages decades ago, times change I guess, you won't find many ordinary working people in this neighbourhood anymore." Shocking. This is what happens when you remove the last link to gold from the financial system; as Nixon did in the Summer of 1971, when he closed the gold window. The unrestrained creation of money has lead to this: a once £3000 house now priced at £2,000,000. Quote Link to comment Share on other sites More sharing options...
nnails Posted January 8, 2015 Share Posted January 8, 2015 i do love reading the comments in telegraph and daily mail. Quote Link to comment Share on other sites More sharing options...
pras Posted January 8, 2015 Share Posted January 8, 2015 I am probably going to make some spiteful offers. http://www.rightmove.co.uk/property-for-sale/property-32789106.html How much would you offer for this? (for £450k you would think the bathroom would be upstairs!) Quote Link to comment Share on other sites More sharing options...
repetitive bleats Posted January 8, 2015 Share Posted January 8, 2015 I am probably going to make some spiteful offers. http://www.rightmove.co.uk/property-for-sale/property-32789106.html How much would you offer for this? (for £450k you would think the bathroom would be upstairs!) If it was in Holloway it would fetch almost £1m right now. Quote Link to comment Share on other sites More sharing options...
Frugal Git Posted January 8, 2015 Share Posted January 8, 2015 I am probably going to make some spiteful offers. http://www.rightmove.co.uk/property-for-sale/property-32789106.html How much would you offer for this? (for £450k you would think the bathroom would be upstairs!) Would 150k be spiteful? Frankly I think that's generous. I'm quite aghast at bidding 6 figures sterling for a 3 bed end terrace anywhere in the uk. Quote Link to comment Share on other sites More sharing options...
Sandwiches33 Posted January 8, 2015 Share Posted January 8, 2015 The houses I am looking at are 150k however I am going to wait until it really bites and if I throw out some 90- 100k offers I will eventually hit a desperate seller. For example the house at the end of my street has already seen a drop of 10k in the last six months and absolutley zero interest however the person who owns it is seriously ill maybe terminal. I could be ******ing brutal and beat him down, he is as desperate as it gets. I dont want to live there and It does sound a little inhumane to behave like this but these are the moral decisions we will have to make in this crash. With a large deposit and pre approved mortgage and good income you will be able to smash folk to bits. I for one see everyone as adults and put the reponsibility upon them, I will not bail someone out,Everyone was happy to play big boy capitalism when it suited them, now its going tits and may NEVER recover so we are getting all sorts of anger, denial, delusion and so on. I will not put myself into a life of debt servitude for someone else mistakes. I paid my dues and served my rental time. I waited with patience, suffered inumerable taunts and was patronised by people with the IQ of a cat. My only issue is in these coming times is how far I will push it and while not a bad man I have few limits I may stil get an EA to get on all fours and bark like a dog! Quote Link to comment Share on other sites More sharing options...
A.steve Posted January 8, 2015 Share Posted January 8, 2015 (edited) The EA only finds these offers spiteful because they hurt him. Well identified. I would like to know how to engage EAs on a commission basis to FIND me a house. I have a one-page specification (anything not ticking the boxes does not warrant even wasting my time asking if I might accept.) Find me the house I want and I'd happily pay an EA a commission. As a first draft of the idea, I think these fees might be appropriate... Price, Commission, Success Pays 250000 1.00% £2,500.00 225000 1.78% £4,000.00 200000 3.16% £6,320.99 175000 5.62% £9,832.65 150000 9.99% £14,983.08 125000 17.76% £22,197.16 100000 31.57% £31,569.29 75000 56.12% £42,092.39 50000 99.77% £49,887.28 25000 177.38% £44,344.25 What staggers me is that these 'property genius' EAs have never thought to ask what I'd be willing to pay for their services as a buyer. I bet none of the vendors would pay over 100% commission - however good the deal they secure for their client! Edited January 8, 2015 by A.steve Quote Link to comment Share on other sites More sharing options...
nome Posted January 9, 2015 Share Posted January 9, 2015 I am probably going to make some spiteful offers. http://www.rightmove.co.uk/property-for-sale/property-32789106.html How much would you offer for this? (for £450k you would think the bathroom would be upstairs!) The vendor is obviously a comedian. Checkout the clown shoes in the bedroom photo... Quote Link to comment Share on other sites More sharing options...
Fully Detached Posted January 9, 2015 Share Posted January 9, 2015 Well identified. I would like to know how to engage EAs on a commission basis to FIND me a house. I have a one-page specification (anything not ticking the boxes does not warrant even wasting my time asking if I might accept.) Find me the house I want and I'd happily pay an EA a commission. As a first draft of the idea, I think these fees might be appropriate... Price, Commission, Success Pays 250000 1.00% £2,500.00 225000 1.78% £4,000.00 200000 3.16% £6,320.99 175000 5.62% £9,832.65 150000 9.99% £14,983.08 125000 17.76% £22,197.16 100000 31.57% £31,569.29 75000 56.12% £42,092.39 50000 99.77% £49,887.28 25000 177.38% £44,344.25 What staggers me is that these 'property genius' EAs have never thought to ask what I'd be willing to pay for their services as a buyer. I bet none of the vendors would pay over 100% commission - however good the deal they secure for their client! That's a really interesting thought. Another couple of months of no sales and one or two might be interested in taking that little job on quietly. Do keep us updated! Quote Link to comment Share on other sites More sharing options...
olliegog Posted January 9, 2015 Share Posted January 9, 2015 (edited) looks like a rental - it was previously sold for circa £170k in 2001 - looked rough then but a good retrun for some BTLer referring to the 'clown shoes' house of course. Edited January 9, 2015 by olliegog Quote Link to comment Share on other sites More sharing options...
Bear Monger Posted January 9, 2015 Share Posted January 9, 2015 I just made an offer at 12.5% under asking price for a property that has been on the market 1.5 years. My offer was rejected. I wouldn't mind but the vendors are apparently desperate to sell and move on. Quote Link to comment Share on other sites More sharing options...
mmt Posted January 9, 2015 Share Posted January 9, 2015 I just made an offer at 12.5% under asking price for a property that has been on the market 1.5 years. My offer was rejected. I wouldn't mind but the vendors are apparently desperate to sell and move on. They probably need a certain amount of equity to buy the house they want because their vendor will not move on price either. So you have to stump up the big money that keeps everybody in the chain happy. Quote Link to comment Share on other sites More sharing options...
ccc Posted January 9, 2015 Share Posted January 9, 2015 "Flat growth" How does that work exactly ? Quote Link to comment Share on other sites More sharing options...
mmt Posted January 9, 2015 Share Posted January 9, 2015 "Flat growth" How does that work exactly ? "Negative growth" will be next. Quote Link to comment Share on other sites More sharing options...
ccc Posted January 9, 2015 Share Posted January 9, 2015 Downward growth. Quote Link to comment Share on other sites More sharing options...
The Knimbies who say No Posted January 9, 2015 Share Posted January 9, 2015 Growth of shrinkage. Quote Link to comment Share on other sites More sharing options...
Eddie_George Posted January 9, 2015 Share Posted January 9, 2015 EA's shaming tactics are hilarious. What exactly is a 'spiteful' offer? Is it delivered on a letter smeared with excrement, or something? Don't tempt me! Quote Link to comment Share on other sites More sharing options...
Bear Monger Posted January 9, 2015 Share Posted January 9, 2015 They probably need a certain amount of equity to buy the house they want because their vendor will not move on price either. So you have to stump up the big money that keeps everybody in the chain happy. They own the house outright. They'll be making about 50k on what they purchased it for after owning for 11 years. Quote Link to comment Share on other sites More sharing options...
Eddie_George Posted January 9, 2015 Share Posted January 9, 2015 The vendor is obviously a comedian. Checkout the clown shoes in the bedroom photo... Has that photo been stretched to make the room look bigger? Quote Link to comment Share on other sites More sharing options...
Sandwiches33 Posted January 9, 2015 Share Posted January 9, 2015 Can you imagine any other industry or product where it was selling a life essential but instead of working to bring the price down through competition the industry complained and demanded everyone's wages were put up so they could buy it? If I dunno what "TOP" is surely that's a sign we are in it. Shits and giggles! Quote Link to comment Share on other sites More sharing options...
long time lurking Posted January 9, 2015 Share Posted January 9, 2015 Has that photo been stretched to make the room look bigger? Fish eyed lenses a must have for all shoe box photographers Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted January 9, 2015 Share Posted January 9, 2015 (edited) Can you imagine any other industry or product where it was selling a life essential but instead of working to bring the price down through competition the industry complained and demanded everyone's wages were put up so they could buy it? Yeah, the car industry. Same type of salesmen who need to push up prices to get a pittance of a commission. The car industry used to call britain "treasure island" because they made so much money out of the british sheeple. I bet the banker/SPiv and E.A. industries say much the same thing. Edited January 9, 2015 by TheCountOfNowhere Quote Link to comment Share on other sites More sharing options...
Killer Bunny Posted January 10, 2015 Share Posted January 10, 2015 I just made an offer at 12.5% under asking price for a property that has been on the market 1.5 years. My offer was rejected. I wouldn't mind but the vendors are apparently desperate to sell and move on. You eould pay 87% of a massively bloated price. Uh huh. Quote Link to comment Share on other sites More sharing options...
renting til I die Posted January 12, 2015 Share Posted January 12, 2015 The houses I am looking at are 150k however I am going to wait until it really bites and if I throw out some 90- 100k offers I will eventually hit a desperate seller. For example the house at the end of my street has already seen a drop of 10k in the last six months and absolutley zero interest however the person who owns it is seriously ill maybe terminal. I could be ******ing brutal and beat him down, he is as desperate as it gets. I dont want to live there and It does sound a little inhumane to behave like this but these are the moral decisions we will have to make in this crash. With a large deposit and pre approved mortgage and good income you will be able to smash folk to bits. I for one see everyone as adults and put the reponsibility upon them, I will not bail someone out,Everyone was happy to play big boy capitalism when it suited them, now its going tits and may NEVER recover so we are getting all sorts of anger, denial, delusion and so on. I will not put myself into a life of debt servitude for someone else mistakes. I paid my dues and served my rental time. I waited with patience, suffered inumerable taunts and was patronised by people with the IQ of a cat. My only issue is in these coming times is how far I will push it and while not a bad man I have few limits I may stil get an EA to get on all fours and bark like a dog! Haven't we all! Quote Link to comment Share on other sites More sharing options...
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