In answer to the question Estate agents. Spawn of Satan, or hard-working, knowledgeable folk? posed by Liz Jones in the Daily Mail today, a number of Estate agents answered her moans;
I owned an agency for some years and what most people dont understand is, that when it comes to selling THEIR OWN properties, they turn from being reasonable people into greedy people, pointing out all the top selling prices of their friends in the street, or examples of "how much that one went for". The usually dont go with the figure valued by the agent, and ALWAYS want to add another 20/30% to the price, making it OVERPRICED. So who is the greedy one here? The agent? The AGENT only values the house - then ALL the other agents OVER value it KNOWING that the other agent might get the business.
Either way, the OWNER of the house is the one who takes the offer and is ultermately responsible for the price of his house. Thats why the overpriced ones sit on the market with all the other overpriced ones, because of greedy owners. Everyone automatically thinks, since Sarah Beeney in the 90s, that thier family home is a free ticket to money and not a place to live anymore.
- John West (like the Tuna), Spain,
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Monday, 19 July 2010
Estate Agents Bite Back
