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gruffydd

Estate agents getting nervy in "boom" areas

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Something seems to have happened over the last couple of weeks, in NW England, Midlands, etc. - eas I know saying supply is up but sales are down - getting quite a few calls from eas, which is new to me (usually they don't need to phone anyone - now they seem to be actually working for sales!). Anyone else seeing the same? 

I get the impression the depressed market in London has suddenly spread to the peripheries. 

Edited by gruffydd

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6 minutes ago, gruffydd said:

Something seems to have happened over the last couple of weeks, in NW England, Midlands, etc. - eas I know saying supply is up but sales are down - getting quite a few calls from eas which is new to me - actually working for sales. Anyone else seeing the same? 

I get the impression the depressed market in London has suddenly spread to the peripheries. 

Where are you based?

I’ve been looking in South Manchester/Trafford/Stockport for a year or so.  Although, pretty much gave up due to the ridiculous asking prices at the beginning of 2018.

Have just seen a house on RM that I like the look of though.  Asking price is 11% above what the almost identical house next door sold for in September last year.  Going to view it next week.  Am considering offering the same price as the one next door sold for.

Can’t say I’ve noticed EAs being any more proactive though.

Edited by Mancunian284

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Just now, Mancunian284 said:

Where are you based?

ive been looking in South Manchester/Trafford/Stockport for a year or so.  Although, pretty much gave up due to the ridiculous asking prices at the beginning of 2018.

Have just seen a house on RM that I like the look of though.  Asking price is 11% above what the almost identical house next door sold for in September last year.  Going to view it next week.  Am considering offering the same price as the one next door sold for.

Can’t say I’ve noticed EAs being any more proactive though.

I'm in Wales but trying to move to W Midlands/North West (more affordable than Wales, these days - in places) - not been hugely proactive - registered with a few EAs a year ago - but, interestingly - they've only started contacting me this last couple of weeks - lots of calls - only 3 calls in the previous 12 months! 

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Warwick is booming, Estate Agents being very arrogant where im looking.

Where Im selling the EA confessed we all know its nuts and cant go on forever, we cant believe it hasnt stopped already.

 

Interes rates need to go up in my opinion.  People too stupid to realise the facts of life

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2 minutes ago, gruffydd said:

I'm in Wales but trying to move to W Midlands/North West (more affordable than Wales, these days - in places) - not been hugely proactive - registered with a few EAs a year ago - but, interestingly - they've only started contacting me this last couple of weeks - lots of calls - only 3 calls in the previous 12 months! 

That’s interesting.  I’m registered with all the EAs in the areas I’m looking in, get a lot of marketing emails from them but no calls.  I’m planning on sitting tight for another 6 months to see what happens.

very undecided on the one I’m seeing next week.  Buying a house just feels like such a gamble.

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  • 301 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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