S
Sue said:Would anyone know why an estate agent would undervalue a house for sale. My sister got her house valued this week. It was valued at 260,000. She was gutted and got another valuation done today and it was for 320,000 which is in line with other properties in the area. Is there some scam going on?
Sue
Read the chapter in "Freakonomics" about the difference between the price and estate agent sells your house for and his/her own house.
Ballyman said:Why anyone "employs" an EA to sell a house for them is beyond me completely. It's not difficult to pay myhome.ie €150 and take a few photos yourself. Arrange all viewings for the evening when you're at home anyway and save yourself thousands. Stupidity beyond belief.
It doesn't matter whether the EA values your house at €10K or €320K as it will be the market who decides the value of your house, not you and definitely not the EA. Actually the lower it's valuation by said muppet EA the better as you will attract more potential buyers who may eventually drive the price higher again!!
Most of the people viewing your house won't have come off the last boat from Mongolia and so will have been viewing houses in the area for a while and will know how much the last one in this area sold for and will then bid accordingly. This is not rocket science.
I could go on but I won't. I get a pain everytime I drive past an EA and see all the houses that fools have asked them to sell for them.
Ballyman said:It's not difficult to pay myhome.ie €150 and take a few photos yourself.
CmTaz said:Actually it is - you can't sell privately on myhome.ie.
Is this in breach of any competition legislation?CmTaz said:Actually it is - you can't sell privately on myhome.ie.
RainyDay said:Is this in breach of any competition legislation?
WHy would it make you angry? A trade website was set up and it is popular.Ballyman said:OMG, I didn't realise you couldn't sell privately on myhome.ie
This even makes me angrier, if thats possible, against EA. This whole business is so corrupt and unfair it's actually funny and us the fools that put up with it. Oh dear god.
An EA pulled up to show me a house last week in an '06 5 series beemer. Sweet This post will be deleted if not edited immediately I thihnk I'm gonna be sick.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?