Real Estate nightmares (Vol 2)
Discussion
Simbu said:
Oh I don't know, it's very convenient.Pit Pony said:
It's a service they could charge for.
Guy I worked with left to set up in business helping other BTL investors invest. What he does for the money. Finds suitable houses, does all the leg work with estate agents, solicitors, surveyors, mortgage brokers. Once you own the property, he will prepare it for sale, manage the new kitchen, the garden clearance, the paining and repairs, flooring, advertise for you, vet the applicants, sort out the paperwork and collect the rent, for you....
Is he a letting agent, or more?
Why shouldn't a sales agent, do the prep work as well, for a fee ?
Because the typical vendor would be horrified at being told their home is a st tip and they might get an extra £20k if they pay £5k they haven't got to the agent to make it look a bit better. And then they'll argue on the sale that they didn't get any extra value and want to chip the £5k off the sales comm. Guy I worked with left to set up in business helping other BTL investors invest. What he does for the money. Finds suitable houses, does all the leg work with estate agents, solicitors, surveyors, mortgage brokers. Once you own the property, he will prepare it for sale, manage the new kitchen, the garden clearance, the paining and repairs, flooring, advertise for you, vet the applicants, sort out the paperwork and collect the rent, for you....
Is he a letting agent, or more?
Why shouldn't a sales agent, do the prep work as well, for a fee ?
The EA industry isn't daft, if there was money being left on the table which was that easy then they'd have set up the ancillary service to take it out.
Besides, the EA doesn't care whether the property sells as is for 400k or tidied up for £420k or sells a bit quicker as they get 2% which is £8k or £8400 so they might make £400 more but might not.
I can see that there is a value in certain niches but for the general market if it was worth doing they'd already be doing it. Plus, just like teachers shouldn't be brushing children's teeth as that's the parent's responsibility, so it's the vendor's responsibility to tidy their own st up and the ones who just can't be arsed get a lower price for not being arsed.
Simbu said:
Estate Agents said:
The open plan kitchen dining room lends itself to a contemporary design concept, perfect for entertaining guests or enjoying family meals.
Simbu said:
Where have I seen this before? Simbu said:
Weird, my first thought wasn't the trap in the kitchen but the price... THREE HUNDRED GRAND FOR THAT!?Have we had this one?
“ Unfinished Urban Masterpiece “
https://www.rightmove.co.uk/properties/146964905#/...
“ Unfinished Urban Masterpiece “
https://www.rightmove.co.uk/properties/146964905#/...
Matt Cup said:
Have we had this one?
“ Unfinished Urban Masterpiece “
https://www.rightmove.co.uk/properties/146964905#/...
The second picture looks like the original Amityville horror house. “ Unfinished Urban Masterpiece “
https://www.rightmove.co.uk/properties/146964905#/...
pocketspring said:
Matt Cup said:
Have we had this one?
“ Unfinished Urban Masterpiece “
https://www.rightmove.co.uk/properties/146964905#/...
The second picture looks like the original Amityville horror house. “ Unfinished Urban Masterpiece “
https://www.rightmove.co.uk/properties/146964905#/...
I'm not sure about that. The picture you show seems to prove its a semi.
And backs straight onto the railway.
You're basically buying an abandoned building site that was on a journey to create something weird.
.
First decision would be do you press on or level the site and start again.
To me it's price would be determined by no more than the land it occupies
You're basically buying an abandoned building site that was on a journey to create something weird.
.
First decision would be do you press on or level the site and start again.
To me it's price would be determined by no more than the land it occupies
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