Guest Posted June 24, 2016 Share Posted June 24, 2016 I've normally had a handful of RM alerts for new or reduced properties by now .... nothing today. Sellers in shock? Denial? EAs closed for the day? What's happening where you are? Quote Link to comment Share on other sites More sharing options...
This time Posted June 24, 2016 Share Posted June 24, 2016 (edited) One of my local EAs have listed/relisted a load of properties this morning and there's a relist from a second EA. Most activity there's been for weeks round here (Wimbledon). Edit: another one came on with a third EA while I was typing. Edited June 24, 2016 by This time Quote Link to comment Share on other sites More sharing options...
nome Posted June 24, 2016 Share Posted June 24, 2016 Nothing at all for me. Usually get 5 or 6 a day even if they're just relistings/reductions. Quote Link to comment Share on other sites More sharing options...
Democorruptcy Posted June 24, 2016 Share Posted June 24, 2016 The agents are too busy with calls from people who had offers accepted, now trying to renegotiate a lower price? Quote Link to comment Share on other sites More sharing options...
streamingfreedom Posted June 24, 2016 Share Posted June 24, 2016 (edited) The agents are too busy with calls from people who had offers accepted, now trying to renegotiate a lower price? Doubt it, they might try but people will hold on to the dream of what their house is 'worth' until the bitter end and repossessions start picking up. Give it a few years yet Edited June 24, 2016 by streamingfreedom Quote Link to comment Share on other sites More sharing options...
Democorruptcy Posted June 24, 2016 Share Posted June 24, 2016 Doubt it, they might try but people will hold on to the dream of what their house is 'worth' until the bitter end and repossessions start picking up. Give it a few years yet George Osborne promised cheaper houses if people voted for Brexit! If I was in the buying process I'd have to chance my arm for a lower price. Particularly if it was a new build, given builder's shares have dropped 20%. Quote Link to comment Share on other sites More sharing options...
spunko2010 Posted June 24, 2016 Share Posted June 24, 2016 I don't think you'll need to wait 2 years to see lower prices. I'd say 2 weeks. Once it starts... Quote Link to comment Share on other sites More sharing options...
Fretful Mother Posted June 24, 2016 Share Posted June 24, 2016 Just had a "low ball" offer declined. It was cash too. "Can you offer any more?" asked the EA. "No." Quote Link to comment Share on other sites More sharing options...
Pablo Posted June 24, 2016 Share Posted June 24, 2016 Doubt it, they might try but people will hold on to the dream of what their house is 'worth' until the bitter end and repossessions start picking up. Give it a few years yet Surprisingly, there is already much talk of people pulling out at the last minute. One of my colleagues knows of my interest in the subject, asking if he should buy as it feels risky, how one of his friends has pulled out of completing on a flat today e.t.c Sentiment is changing, and quickly ! Quote Link to comment Share on other sites More sharing options...
GreenDevil Posted June 24, 2016 Share Posted June 24, 2016 I don't think you'll need to wait 2 years to see lower prices. I'd say 2 weeks. Once it starts... Once banks pull the funding for excessive mortgages, the crash will be fast. Find a motivated seller and youre in (if you can get the funds or have the funds happy dayz) Quote Link to comment Share on other sites More sharing options...
Democorruptcy Posted June 24, 2016 Share Posted June 24, 2016 Just had a "low ball" offer declined. It was cash too. "Can you offer any more?" asked the EA. "No." Can you do voices? Phone up again and using your new persona, make a significantly lower offer than your first one, to make it look good. Underbid yourself but don't blame me if you develop multiple person disorder by the time you move in. Quote Link to comment Share on other sites More sharing options...
Fretful Mother Posted June 24, 2016 Share Posted June 24, 2016 Can you do voices? Phone up again and using your new persona, make a significantly lower offer than your first one, to make it look good. Underbid yourself but don't blame me if you develop multiple person disorder by the time you move in. Ha Ha Ha!!! No I can't and I have terrible trouble lying about anything. However, I know a man who can...... Quote Link to comment Share on other sites More sharing options...
JustAnotherProle Posted June 24, 2016 Share Posted June 24, 2016 Ha Ha Ha!!! No I can't and I have terrible trouble lying about anything. However, I know a man who can...... Please record them and post them for our enjoyment Quote Link to comment Share on other sites More sharing options...
spunko2010 Posted June 24, 2016 Share Posted June 24, 2016 Surprisingly, there is already much talk of people pulling out at the last minute. One of my colleagues knows of my interest in the subject, asking if he should buy as it feels risky, how one of his friends has pulled out of completing on a flat today e.t.c Sentiment is changing, and quickly ! IMF saying 10% reduction in house prices this year according to my mum! Didn't look for sources but sounds about right. Quote Link to comment Share on other sites More sharing options...
thewig Posted June 24, 2016 Share Posted June 24, 2016 Just had a "low ball" offer declined. It was cash too. "Can you offer any more?" asked the EA. "No." It wasn't low ball if the EA response was that civil IMO. Quote Link to comment Share on other sites More sharing options...
Democorruptcy Posted June 24, 2016 Share Posted June 24, 2016 Surprisingly, there is already much talk of people pulling out at the last minute. One of my colleagues knows of my interest in the subject, asking if he should buy as it feels risky, how one of his friends has pulled out of completing on a flat today e.t.c Sentiment is changing, and quickly ! There could also be vendors pulling out. Take those selling to move to Europe, it might seem less attractive now. Even if they can afford the extra £15k or £20k on a £300k purchase over there, due to sterling dropping. Quote Link to comment Share on other sites More sharing options...
Pablo Posted June 24, 2016 Share Posted June 24, 2016 On another forum "I just mentioned in another thread, had a message from an EA mate of mine earlier, their phones haven't stopped ringing all morning with buyers withdrawing or reducing their offers.Interesting times." Quote Link to comment Share on other sites More sharing options...
amazon Posted June 24, 2016 Share Posted June 24, 2016 Anyone been hearing the galliard brexit clause offer by galliard homes on the radio. They basically were advertising that you could pull out of a reservation on a property should there be a Brexit Quote Link to comment Share on other sites More sharing options...
spunko2010 Posted June 24, 2016 Share Posted June 24, 2016 http://www.housepricecrash.co.uk/forum/index.php?/topic/210319-the-effect-of-brexit-on-house-prices/?p=1102973281 Come join me. Quote Link to comment Share on other sites More sharing options...
streamingfreedom Posted June 24, 2016 Share Posted June 24, 2016 There could also be vendors pulling out. Take those selling to move to Europe, it might seem less attractive now. Even if they can afford the extra £15k or £20k on a £300k purchase over there, due to sterling dropping. Yep, my Aunt was moaning on facebook how their dream of a cottage in France has gone up in smoke... lol Quote Link to comment Share on other sites More sharing options...
Patient London FTB Posted June 24, 2016 Share Posted June 24, 2016 Before: Swallow your doubts and buy Now: Listen to your doubts and don't buy Quote Link to comment Share on other sites More sharing options...
Patient London FTB Posted June 24, 2016 Share Posted June 24, 2016 Anyone been hearing the galliard brexit clause offer by galliard homes on the radio. They basically were advertising that you could pull out of a reservation on a property should there be a Brexit The same Galliard that said they were happy to offer investors guaranteed rental yield of 5% for a year or more because they couldn't see rents weakening! Quote Link to comment Share on other sites More sharing options...
Guest Posted June 25, 2016 Share Posted June 25, 2016 Can you do voices? Phone up again and using your new persona, make a significantly lower offer than your first one, to make it look good. Underbid yourself but don't blame me if you develop multiple person disorder by the time you move in. I would help you out, but my attempts at voices always end up being over the top foreigners ... "hellooooo dar, ma name ees Desmond Umbongo de Congo and ahh wanna buy de house!" Quote Link to comment Share on other sites More sharing options...
Dorkins Posted June 25, 2016 Share Posted June 25, 2016 I would help you out, but my attempts at voices always end up being over the top foreigners ... "hellooooo dar, ma name ees Desmond Umbongo de Congo and ahh wanna buy de house!" Quote Link to comment Share on other sites More sharing options...
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