Monday, October 18, 2010
Even more over-pricing in EAs desperate bid to win business
.. and mark-up ahead of the big fall. With transactions and sales at an all time low, EAs are marking up beyond our wildest dreams in order to "manage" the impending fall and to win business. Trouble is, in 3 months when they've not sold, they have the difficulty task of telling the vendor to drop the price. As REAL TRANSACTION figure paint a different story on price, Miles Shipside referred to this on BBC Radio 5 Live this morning as a "growing reality gap", pretty much saying that sellers would have to blink first in this silly stand-off created by greedy EAs.