Thursday, Nov 23, 2006

Attn: first time buyers, stop being so fussy

Firstrung: haart estate agents - "first time buyers are too fussy"..

Look what you could have won!...

a one bedroom converted flat in Broadstairs,
a studio flat in Hindhead Surrey,
2 bed properties in Swindon or Ipswich...
There is a serious point in this communication from haart - be realistic, be flexible, do your homework, be ruthless with your offer/s...

However, first time buyers are (for the most part) simply 'priced-out', not "fussy". A run down, converted, one bed flat, in an unattractive part of Kent for 95K may not represent is as 'they say ' all relative...

Posted by converted lurker @ 03:57 PM (489 views)
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1. paul said...

Oh this is a laugh.

It's not that their houses are overpriced, it's because buyers are too picky. Best educate those silly buyers then rather than reducing the price to meet their ridiculous notions of "good value"!

See you Haart - thanks for joining the propertyfest of recent years - here's your bus ticket into liquidation ... !

Thursday, November 23, 2006 06:14PM Report Comment

2. Nohpc said...

It's called the property ladder because you have to start at the bottom to work your way to the top. The problem is that people want to jump in straight near the top of the property ladder. The flat in Kent worth 95 thousand now which may not represent good value may be worth 120 thou in 2010 and still not represent good value. Value has got nothing to do with it. What people will pay is the what matters. I started at the bottom of the ladder and so should everybody else have to.

Thursday, November 23, 2006 09:09PM Report Comment

3. george monsoon said...

Paul, I agree with you on this one.

Although it is a good idea to educate yourself properly when buying a house, this article is just a desperate plea to all the first time buyers, from estate agents who cannot shift the least desired property on their portfolio. "you can't afford anything else, so this is your only option".

Yea Right.... Anyone stupid enough to fall for this drivel, deserves to get burned.

Friday, November 24, 2006 08:38AM Report Comment

4. David20040_0 said...

Buy this shed, a bargain at 100K.

Estate agents crack me up.

Friday, November 24, 2006 11:14AM Report Comment

5. The Haunted said...

I should think that with my 'over the average' salary I could skip a few rungs on this supposed property ladder, I mean who says that if your a first time buyer you MUST start at the bottom?

All this article is saying is "your expectations are wrong, property is worth more than you all believe and you have to accept that". However, we are the customers and it is our expectations that count, not yours. So no thanks, I think I wait for the correction before I buy. Interesting analogy "the property ladder", worth remembering that you can use a ladder to go down as well as up.

Friday, November 24, 2006 02:30PM Report Comment

6. The Haunted said...

I just thought, maybe if the prices come down heavily we can rename it a property snake!

Friday, November 24, 2006 02:31PM Report Comment

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