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Comments
- || if you want to sell be more realistic with your prices! take a look at London discounts! 3pc really wont help you,with the negative press you need to discount by 20pc or people will not invest in your property, it will come down by that amount anyway but yours will be in a backlog with many others by that time! -- left at Thu Apr 17 15:31:21 +0000 2008
- Newbear || I agree. In the last housing crash (1990-94 - yes, they come round as regular as clockwork!) I owned a house in Cambridge. At the height of the boom houses in the street sold for £125K. Two years later, when the crash was well underway, we had to sell to move jobs. We put the house up for £89K and felt lucky to sell for £85K. We negotiated a similar drop on the house we were buying. That is how the market works. In a falling market it is best to price under-price, sell and buy from someone with a similarly realistic attitude. Contrast that with a neighbour who put his house in the same street on the market at the same time for £125K. Over the next year he had not a single viewing, let alone an offer. With a growing family he was stuck in that house for another eight years! -- left at Mon Apr 28 14:52:25 +0000 2008
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