G
If they have just reduced their price - It is reasoanbly feasable that they will not consider a lower offer than the new price.
Thus if they have instructed the EA not to pass on lower bids, then EA is just following their clients wishes..perfectly normal to act on clients wishes!
Paddy
The EA must pass on the offer, he surely must also WANT to pass on the offer as it might result in a (rare these days) sale. He may be saying it as some sort of negotiating ploy (but a poor one).
The EA must pass on the offer, he surely must also WANT to pass on the offer as it might result in a (rare these days) sale. He may be saying it as some sort of negotiating ploy (but a poor one).
Do you have some information that nobody else has?
There has definitely been an upturn in the last 4/5 weeks.
My God. So prices are falling and sales are increasing. There must be some new type of economics at work here.
4 bed detached in Limerick have actually risen in the last quarter by 1.08%.
Saw a thread on thepropertypinDOTcom about a house in Limerick selling at auction for €187k and it had a guide price of €260K. Hardly impressive.
What is the sample size, what periods are being compared (Q2 v Q1?), are the figures based on actual sale prices or valuations?
I think this is the property mentioned. It looks pretty small and needs to be renovated, but looks somewhat habitable... Is it a bad enough area MrMan? The area would have to be bad for things to go under the 200k - assuming it's true that it went for 187k
Figure was taken word for word from the Limerick leader.
Figure was taken word for word from the Limerick leader.
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