Price On Application.
Discussion
Why do sellers do this?
A house has come up for sale near me. A nice house in a sought after location. It's pretty easy to gague the price. Other houses in that area are for sale. Expensive houses but far from the most expensive in the area.
Is POA supposed to entice buyers? Surely it will either attract time wasters who can't afford it, or give a buyer the opportunity to call the estate agent and potentially get told about other properties.
I Occasiinally see it with cars. I recently saw an ad for a rusty old 1980s Range Rover. Rust in the usual places, no MOT, sagging head lining etc. A decent project car but little more.
The ad was full of "We are giving you the opportunity to acquire". "Our client wishes it to be known" "Originally supplied by Forbes Hamilton Land Rover of Fulchester to a Mr Badger, our client acquired this vehicle in Septmber 1986. "Price on application in the strictest confidence"
Any clues as to the reasoning?
A house has come up for sale near me. A nice house in a sought after location. It's pretty easy to gague the price. Other houses in that area are for sale. Expensive houses but far from the most expensive in the area.
Is POA supposed to entice buyers? Surely it will either attract time wasters who can't afford it, or give a buyer the opportunity to call the estate agent and potentially get told about other properties.
I Occasiinally see it with cars. I recently saw an ad for a rusty old 1980s Range Rover. Rust in the usual places, no MOT, sagging head lining etc. A decent project car but little more.
The ad was full of "We are giving you the opportunity to acquire". "Our client wishes it to be known" "Originally supplied by Forbes Hamilton Land Rover of Fulchester to a Mr Badger, our client acquired this vehicle in Septmber 1986. "Price on application in the strictest confidence"
Any clues as to the reasoning?
I think it's so you only attract "serious" buyers - I think it's shooting yourself in the foot. Arrogant tactic which suggests your product is so important people will run around after you. Happens with salaries on jobs as well, I just skip those ones!
On rightmove you just search for all the houses in that area and order by price - it's then pretty damn obvious what price they want for it as it has to have one to be in the list
On rightmove you just search for all the houses in that area and order by price - it's then pretty damn obvious what price they want for it as it has to have one to be in the list
StuTheGrouch said:
Perhaps so that they can price it according to what they think the potential buyer might pay?.
I always assumed it was because of this as tends to be on ultra rare/ expensive stuff that comes to market so infrequently that the vendor doesn't have much market data to go on when trying to price... Although that doesn't explain the poa for the range rover in the op. Duncan Hamilton is currently doing this on a LCC Rocket, an XJ220 and a 300SL however they then have for sale a Jag D Type for £175,000 and a Ferrari 250TR recreation for £675,000 well the rocket and XJ220 will be below them prices??
http://www.duncanhamilton.com/cars-for-sale/
http://www.duncanhamilton.com/cars-for-sale/
ecsrobin said:
Duncan Hamilton is currently doing this on a LCC Rocket, an XJ220 and a 300SL however they then have for sale a Jag D Type for £175,000 and a Ferrari 250TR recreation for £675,000 well the rocket and XJ220 will be below them prices??
http://www.duncanhamilton.com/cars-for-sale/
With slightly costly or unusual houses or cars, I think it's always to do with the owners rather than the agents. Some people won't want their neighbours/relatives/staff etc knowing an actual number.http://www.duncanhamilton.com/cars-for-sale/
The house is on a road where they go up for 500-ish. You can tell by RightMove and also see what they actually sold for on Zoopla.
It's obviously a tactic to get more cash, I just don't see how it works.
I'm tempted to put a note through the door "Wots Ur bst price 4 the gaff m8 innit?" and my Mobile number :-)
It's obviously a tactic to get more cash, I just don't see how it works.
I'm tempted to put a note through the door "Wots Ur bst price 4 the gaff m8 innit?" and my Mobile number :-)
ZesPak said:
Steve H said:
Some people won't want their neighbours/relatives/staff etc knowing an actual number.
This. Happens all the time because of these reasons.
audidoody said:
I often list jobs as "salary negotiable".
Advertise a figure and you get low-ballers trying it on.
Too low and you miss out on potential talent who you might want to pay more to but who would not have applied about had you advertised a lower salary.
By low-ballers I assume you mean people who are less experienced/qualified for the role, rather than people that ask for lower salaries?!?Advertise a figure and you get low-ballers trying it on.
Too low and you miss out on potential talent who you might want to pay more to but who would not have applied about had you advertised a lower salary.
I simply don't apply for jobs with no salaries. I've seen a few recently, asked the company for a ball park figure and they refuse to tell me. Well, I refuse to waste my time applying for a job where the salary is likely to be much lower than what I would accept.
StuTheGrouch said:
By low-ballers I assume you mean people who are less experienced/qualified for the role, rather than people that ask for lower salaries?!?
I simply don't apply for jobs with no salaries. I've seen a few recently, asked the company for a ball park figure and they refuse to tell me. Well, I refuse to waste my time applying for a job where the salary is likely to be much lower than what I would accept.
I find the best way to do this is to ensure the headhunter knows what your 'price to move' is. Essentially I say "If it is not at least £x, then I'm not interested as I have bills to pay." Above £x, it's obviously flexible and a negotiation.I simply don't apply for jobs with no salaries. I've seen a few recently, asked the company for a ball park figure and they refuse to tell me. Well, I refuse to waste my time applying for a job where the salary is likely to be much lower than what I would accept.
brickwall said:
I find the best way to do this is to ensure the headhunter knows what your 'price to move' is. Essentially I say "If it is not at least £x, then I'm not interested as I have bills to pay." Above £x, it's obviously flexible and a negotiation.
Not always headhunters (or recruitment 'consultants') but simply HR staff. By not revealing the salary range then someone's time normally gets wasted. i.e. company can't pay what the candidate wants so might have to start the recruitment process again; candidate has applied for a job which they otherwise wouldn't have knowing the maximum salary.If the salary range is X to Y, and I am earning Y then I wouldn't apply (not worth the risk to move). If I was on X or just a bit below X then I probably would apply. If I was on much less than X then I would know I would need to make a compelling case to get the job. In all situations I have a general idea what I'm worth, and no company would pay me more than what they feel I'm worth- disclosing the salary or not doesn't change that.
wildcat45 said:
The house is on a road where they go up for 500-ish. You can tell by RightMove and also see what they actually sold for on Zoopla.
It's obviously a tactic to get more cash, I just don't see how it works.
I'm tempted to put a note through the door "Wots Ur bst price 4 the gaff m8 innit?" and my Mobile number :-)
If the house is on Rightmove or Zoopla, it seems there's a price in the background even if it's POA - if you sort by price the POA ones go into the middle rather than at the top or bottom. You can work out a fairly close value that way. It's obviously a tactic to get more cash, I just don't see how it works.
I'm tempted to put a note through the door "Wots Ur bst price 4 the gaff m8 innit?" and my Mobile number :-)
wildcat45 said:
Why do sellers do this?
Because they're pompous w
kers with an inflated sense of their own importance and of the significance of the thing they're selling. Same applies to car dealers that do it. Having to lodge an application to find out what the price is? f
k off! I don't see how it 'weeds out' time wasters either. Surely you'll get people who have no intention of buying something, but are curious about the price, wasting your time calling to find out.
POA is my pet hate.
I never bother with anything that's POA.
I always assume its because its more expensive (or pays less if its a job) as they want you to call them. If it was a decent price it would sell on that alone.
When I was in the market for a new Amp i noticed a lot of the magazine adverts were POA. Whats the point, i can see that everyone else is selling the same Amp for about the same price. If you could sell it cheaper you would say so.
I always assume its because its more expensive (or pays less if its a job) as they want you to call them. If it was a decent price it would sell on that alone.
When I was in the market for a new Amp i noticed a lot of the magazine adverts were POA. Whats the point, i can see that everyone else is selling the same Amp for about the same price. If you could sell it cheaper you would say so.
StuTheGrouch said:
I simply don't apply for jobs with no salaries. I've seen a few recently, asked the company for a ball park figure and they refuse to tell me. Well, I refuse to waste my time applying for a job where the salary is likely to be much lower than what I would accept.
Indeed. It's astonishing that "£competitive" still exists.. occasionally I've actually found out what they consider "competitive" and it never once has been.I was recently on a graduate assessment centre and asked the HR representative directly for a figure. Everyone else there wanted to know too. She wouldn't tell us. "It's competitive". Yes, but we know what other companies are offering, so would you give us a figure? "Not precisely because we offer based on experience and department".. etc etc, wouldn't be drawn on even a ballpark. Even more annoying was that the graduate employees talking to us on the day had also clearly been briefed not to tell us.
I got an offer, as did a couple of other people I know. Lo and behold, the salary was 15% short of "competitive", as well as lacking paid overtime which the majority of employers offer. And we all got the same figure, and all found it completely non-negotiable. No thanks...
StuTheGrouch said:
Or to weed out timewasters.
I think you would achieve the opposite of what they're trying then.I'm selling a residential property, I've got the price on the for sale sign in the window (much to the annoyance of my neighbours
)If Nosy Neighbour wants to know the price or if some cheapskate who can't afford it wants to know the price... they're both welcome to see it without having to bother me in the process.
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