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)
5 thoughts on “This Agent is one desperate chappie.”
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Will says:
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.
Will says:
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.
Landedgentry says:
Wow such a simple arrangement is sure to be a hit.
inbreda says:
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
waiting for the crash says:
Re-arranging deckchairs on the Titanic