Willowchase, best of luck on selling your house when you did. But when this bottoms out, would you like to have been the family who paid a vastly inflated price for your house. Alot of young families will carry a hugh burden for up to 35/40 years and maybe pay other consequences for the desception of the greedy vested interests.
Ok, families made a decision to buy and must take responsibility for their own actions but the frenzy was whipped up, buy now or miss thye boat as prices will keep increasing. Reasons voices were shouted down.
Willowchase, would you like to have been the family who paid a vastly inflated price for your house.
Don't agree. In my opinion they are the lowest form of human being - they are liars and totally lack integrity. Their best friends are their ghost bidders. I'm glad they are getting burned.
Possibly, but lets not forget EA's haven't done themselves any favours in the past.
When you have interest in a house it's amazing how all of a sudden there is a second or third offer on a house that has been on the market for a while. I'll all up for earning as much money as possible, but don't con people for it.
This notion that the vendor decides, and EA are innocent middlemen that just pass on offers, i know of atleast three cases where EA hadn't even informed client of offers. Greed is a terrible thing.
If I really wanted a house in todays climate, I would go directly to owner.
MF, my point should be obvious. Let me explain it to you. Act with integrity, stop the ghost bidding and deception. Take responsibility for your actions. I know this is going to be a hugh change in the way EA's are being in the world but it may actually get them back their credibility.
Relax MrMan, Estate Agents are fine, it's them darn bankers, regulators, directors and politicians that are far worse.It won't change the publics perception because they will always need a bogeyman or a bad guy who is at fault regardless of the scenario.
That's a very good point which a lot of sellers are not keen to listen to from their estate agent and therefore there are currently many properties 'overpriced' which will not sell.He gave me a very accurate account of what was happening in the market and what was likely to happen over the next twelve months or so. Based on his observations we agreed on a realistic price for the house and we sold within 4/5 viewings.
Its actually not that amazing that other people get involved in the bidding process. I don't disagree that ghost bidding went on but it makes no sense to use that practice in a market that had plenty of buyers. People always think they are getting a raw deal but if you actually analyse the extra profit from those increased bids it would make no sense to risk a real buyer for a few hundred euro. I'm sure your own profession has a long list of sinners too so don't be so quick to write off a profession.
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