The market runs on confidence. If there is none then the market goes flat. Why would you in any profession talk yourself out of a job? the hatred towards agents is unfair as they merely mirror the public. They tell you what you want to hear. People will generally list with the agent that gave the highest value. The highest value is down to people being twats and thinking their house is worth more than the one round the corner as theirs has a Sqm more garden. As an agent you don’t win business by telling people what you actually think of their little **** hole. Using a surveyor for a a valuation is always a minimum of 3 months behind what the market is actually doing. As I have to use sold data as in completed sales. I can’t use thing which are stc.
Nah, the hatred’s fair. Although most people are indeed greedy deluded mugs, so I suppose you can’t blame estate agents for playing up to that. The public gets what the public wants, as a very great man once said; and mostly the public wants lying to, so **** em.
That's the problem down here, people want to get what the ****er next door got when they sold 3 years ago. They refuse to accept the market has moved downwards. I see loads of properties that go on the market too high, are then reduced to a price that is still too much and ultimately are pulled from the market as the vendor refuses to accept the true present value of the property.
Tbh when I was 20, I had no idea I would invest in real estate. At the age of 22, I made my first real estate investment. Life is the most unexpected thing. You can never know what hides around the corner. I’m really lucky to have a friend who works as a Mortgage Broker Gateshead. He knows literally everything about real estate, mortgage, accounting, etc. He helps me maintain my real estate agency. Anyway, you should consider that a mortgage is a great responsibility. You should be ready to take it.
