Estate agencies

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sususanan
Jerry - Bit higher than newbie
Jerry - Bit higher than newbie
Posts: 48
Joined: Sun Oct 22, 2017 7:48 am

Estate agencies

Post: # 291100Post sususanan
Fri Apr 20, 2018 2:20 pm

Why is it that when someone gives a budget to an estate agent, they always seem to show properties above that price? Has it become the case that when asked for their budget, the buyers now give a lower number, anticipating the higher price response from the agent?

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Flo
A selfsufficientish Regular
A selfsufficientish Regular
Posts: 1659
Joined: Sun Mar 30, 2008 10:12 am
Location: Northumberland

Re: Estate agencies

Post: # 291101Post Flo
Fri Apr 20, 2018 3:06 pm

I reckon that the estate agents just show people the ones that have been on the books the longest that they want to sell.

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Weedo
Living the good life
Living the good life
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Location: Collingullie Australia

Re: Estate agencies

Post: # 291121Post Weedo
Sun Apr 22, 2018 11:10 pm

The estate agent works for, and is paid by, the seller- not the buyer. The higher the price the higher the fees and commission. The more sales and higher income the agent generates the greater their status.

We have moved several times and discovered that sticking to one Agency group and getting referrals from one agent to another works, each lets the other know just what we will or will not accept. We even had one new agent show us a house - she unlocked the front door, ushered into the open plan kitchen / living / dining area, stood still for a few seconds and then said "this is hideous, lets get out of here".
There are not more than five primary colours, yet in combination they produce more hues than can ever be seen - (Sun Tzu 600BC)

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