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Realistbear

As Market Cools Survey Finds Almost 50% Ftbs Haggle

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http://uk.biz.yahoo.com//22072006/140/firs...s-haggling.html

Saturday July 22, 06:50 AM

First-Time Buyers Are Haggling

First-time buyers are feeling increasingly confident about the property market. Nearly half of house-hunters say they would not offer the full asking price straight away, a survey has shown. Around 43% of people looking to buy their first home said
they would risk offering less than the asking price initially, and only raise their offer if the seller did not accept it.
According to Yorkshire Bank the figure is more than double the 19% who said they would risk offering below the asking price in April this year......../
"This means buyers can afford to be more patient - starting with a low offer and only increasing it if necessary."

There is some spin in the article but the bottom line sums it all up. Its going to be a long, hot and scary summer for sellers who wish they had got out long before this phase of the market hit. :o

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http://uk.biz.yahoo.com//22072006/140/firs...s-haggling.html

Saturday July 22, 06:50 AM

First-Time Buyers Are Haggling

First-time buyers are feeling increasingly confident about the property market. Nearly half of house-hunters say they would not offer the full asking price straight away, a survey has shown. Around 43% of people looking to buy their first home said
they would risk offering less than the asking price initially, and only raise their offer if the seller did not accept it.
According to Yorkshire Bank the figure is more than double the 19% who said they would risk offering below the asking price in April this year......../
"This means buyers can afford to be more patient - starting with a low offer and only increasing it if necessary."

There is some spin in the article but the bottom line sums it all up. Its going to be a long, hot and scary summer for sellers who wish they had got out long before this phase of the market hit. :o

Another day another lie from RealistBear. It doesn't say FTBs refuse to pay the full asking price at all, it says they offer less initially and then raise the offer if necessary.

What do you think is achieved by these lies?

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Sellers are still asking twice the price the paid themselves just 5 years ago.

FTB's who get 5% off the asking price don't get a discount, they are ripped off.

It is not a buyers market until prices have dropped at least 30%.

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Another day another lie from RealistBear. It doesn't say FTBs refuse to pay the full asking price at all, it says they offer less initially and then raise the offer if necessary.

What do you think is achieved by these lies?

Another day and another Trolling from the not-so-casual observer. What the article says is that sellers are not getting offers at their asking prices--it does not say FTBs are paying asking price at all. They may be upping their offer (although there is no evidence of this) but this does not say the sellers are getting what they are asking. In nearly every transaction that has ever exitsed a buyer will try to get a lower price and the seller the highest price. In most cases a compromise, or meeting "half way" is reached.

You have missed the real point of the article. Which is?

That it is no longer the seller's market it once was and buyers are far less likely to pay asking prices. I do not think you can spin this article to say that buyers, in the end, are having to pay full asking price. More Bull spin than a Troll but I see where you are trying to come from. :)

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Guest grumpy-old-man

talking about FTB's,

I think they are so much more fussy now-a-days......they want so much for their 1st house, en-suite, conservatory, garage, luxury kitchen & bathroom. I think it's down to the fact that the average age is about 35 now :o

We were 20 when we bought our 1st house & I was just glad to have a lockable door to escape the in-laws ;):D

CO & RB .....perhaps you should start a hpc fight-club, you could choose a virtual character, depending on how many thread arguments you have "won", this generates your chosen character special powers.

RB, yours could have the power of "Bear Spin", uncontrolable whiplash for spinning at 1000 bspm (bear spins per minute)

CO, yours could have the power of "X-Ray-Observation", this sees through the bear spin but runs out after 20 seconds in a casual manner.

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First-time buyers are feeling increasingly confident about the property market. Nearly half of house-hunters say they would not offer the full asking price straight away, a survey has shown. Around 43% of people looking to buy their first home said they would risk offering less than the asking price initially, and only raise their offer if the seller did not accept it.

I find it shocking and somewhat unbelievable that there is ANYONE who would offer the full asking price straight away.

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I find it shocking and somewhat unbelievable that there is ANYONE who would offer the full asking price straight away.

The article just doesn't say they refuse to pay the asking price! It says they offer less initially, and raise their offer when it's refused.

Some big news story!

Another misleading thread title.

Edited by Casual Observer

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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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