Sunday, September 14, 2008

This Agent is one desperate chappie.

Sellers 'guarantee' home values

Leaf said he was advising one client trying to sell a £900,000 house to consider an interested buyer's suggestion that compensation be paid if the property's value fell by much more than 5 per cent in a year. 'The buyer is prepared to buy the house if its value falls by 5 per cent, but if it fell by another 10, the vendor would have to pay,' said Leaf. Such novel and creative methods employed by estate agents and sellers show the extreme lack of confidence in the housing market.

Posted by suzyandjoe @ 08:15 AM (454 views)
Please complete the required fields.



5 thoughts on “This Agent is one desperate chappie.

  • Either the owner wants to sell his house or he doesn’t. If he doesn’t then take it off the market. I would walk from such a crazy scheme.

    Reply
    Please complete the required fields.



  • Jeremy Leaf doesn’t get it does he? Houses are unaffordable by many under 30’s. This scheme attempts to prevent vendors from dropping their prices. It won’ t help FTB get on the ladder.

    Reply
    Please complete the required fields.



  • Wow such a simple arrangement is sure to be a hit.

    Reply
    Please complete the required fields.



  • if the agent is suggesting it then i guess he charges commission on the higher price, irrelevant if the price falls.

    thats agents for ya

    Reply
    Please complete the required fields.



  • waiting for the crash says:

    Re-arranging deckchairs on the Titanic

    Reply
    Please complete the required fields.



Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>