wbexpat

um. yeah.

if an estate agent is going to make 2% off you, he will make 4000 off a 200K house or 3000 off a 150K house.

so he can make 4000 by working hard, negotiating with lots of buyers, showing them round, cajoling, harassing and driving himself mad OR he can make 3000 by sitting on his arris and punting out your pad for a tempting 25% off.

4000 for a weeks work or 3000 for a days work?

albertabound

Not by that much no, definitely not but maybe me and my husband have been fools before and tried to be decent about it.
Maybe this is an eye opener and we should try the same when we are buying next.
I do believe that we could probably lose houses that we want though.

LynseySmith

Hi,

Good luck with your house sale too! It has taken us just on a year to get to this stage though! People are starting to look again now
We are at Cheshire Oaks, E Port, nr aquarium. Lots of job uncertainty around here at the mo' what with Vauxhalls and Finacial sector slow-down. Had to take quite a drop, but we figured it would still free us up to get the type of place we want in Waterloo.

Things are moving on all fronts for us now. OH has job offer in place and lawyer just confirmed no LMO needed for the job and that he could get his WP at POE when we go for our home-finding trip at Easter

Literally, we were really low last week, with no progress on anything....then last Friday evening it all started

Send me a PM and let me know how things progress for you. Have you got PR already? London won't be far away from us. Why have you decided on there? Friends, family??

Best wishes

Lynsey

DESERTFOX

I hope you'll get your house sorted soon. We are very thankful that we didn't suffer too much stress as we sold our house in less than 72 hours.
Good luck.

Luckyone

http://www.dailymail.co.uk/news/arti...-bankrupt.html

The above link gives another take on why people are putting in offers that appear really low......but are they?

R I C H

I'm sure that's just what it's like. All done and dusted in a day and no overheads. Why aren't we all realtors?

mclaren family

All I can say is thank god I'm in Scotland and not England and thinking of putting the house on the market relatively shortly, always did think English house prices were rising far to quickly

Auld Yin

Firstly I am not a R/E agent, never have been and never will be.

Your post is bollocks. R/E agents are not top of my favourite people list but you obviously know absolutely nothing of how the system in Canada works. I too believe they are overpaid but many, perhaps most, work their arrises (sic) off to make sales. If they are any good they will be working late into evenings and weekends while you're sitting on your arris (sic) drinking beer and watching the telly.

livermanl

Agreed.

Canadian realtors are miles better than their counterparts in England, that being said, something I do get frustrated with is the percentage charging system.

My house value is around $120,000 and should i sell i have been told anywhere from 4-7% is the norm. So that leaves us with $4800-8400 selling fee...I was also told that there is an additional fee if you want it put on MLS.

My house is on the lower spectrum of the Winnipeg housing market and i would hazard a guess that the average house is much closer to $200,000 (maybe MB-Realtor will be along and correct me if I am wrong)

But a $200,000 house at 4-7% would mean realtor fees of...$8000-14000.

What justification is there that my house costs 'less' to sell than the average house?

Surely the nicer the property the easier it is to sell and therefore the 'less' time and money goes into selling the average house...

R I C H

I don't think 'nicer' necessarily means an easier sell. If you're suggesting there's a correlation between nicer and pricier, there's a price point at which there's a more limited market, so finding a buyer is harder. I shudder to think what my realtor's overhead has been for the 12mths he's been representing my property. The longer the sales process takes, the more deserving he'll be of a gradually diminishing return.

chumley

fabby place rich !!!

onlycanada

Is that really your house ...or a wind up? Or is that how you got your name!!!

Sleeping_Beauty45

If only we had the money, your house is beautiful!

Good luck with selling it.

R I C H

I purchased the property in '05 with GBP250k equity that we emigrated with. It consisted of 32 acres of waist high weeds, a 30yr old trailer, junk everywhere (we removed 60+ dump truck loads of rubbish in the first month), and an income from boarding horses of $1,500 p/mth.

We've re-furbished the facilities, developed a rental house, and built an additional house for ourselves just over 12mths ago, funded by the business growth and help from RBC. It's meant a lot of sacrifices, no holidays since we arrived and working 7 days a week, but hopefully we'll see the benefit from the effort sometime soon.

R I C H

Thank you.