
Sat in my third lounge of the day, drinking another cup of tepid tea, and flashing my increasingly unconvincing smile, my teeth begin to ache. Recently my valuation visits have begun to resemble a dizzying merry-go-round of dissatisfied sellers coming to the end of their sole agency contracts and wishing to change agents.
‘So what makes you different from all the other suits who promise everything and deliver nothing then?’ Asks the husband with unsettling directness. He sits slightly forward in his seat waiting for my answer, as his wife eyes me with the sort of distain usually reserved for those times you fail to notice the house you are entering is a shoes off at the door domain.
Now estate agency, as plenty of punters have enlightened me, is not rocket science. And despite the Sir Bryan Carsberg report recommending a minimum entry requirement and licensing for practitioners – the author of which, idiot trainee F thought invented lager – it is still often a question of right price, right buyer.
Sadly with values falling many potential vendors find the medicine hard to swallow, particularly if they’ve re-mortgaged to finance holidays, ill advised home improvements and new cars, and are now flirting with the dreaded negative equity. If I establish early they bought in the last twelve months with a 100% mortgage, I don’t even stop for the refreshments, as both my buoyancy and bladder can’t take the strain.
Something about the couple in front of me makes me feel they want straight talking not obfuscation, although I’ve been wrong before and my cruel-to-be-kind abruptness has just hastened my journey to the exit door. But the fact that both co-signatories on the deeds are sat before me indicates I have a much-increased chance of a decision, albeit an unpalatable one. Their house is on the market for about fifty grand more than its worth.
Ignoring the overgrown mature tree in the front garden which might be a deterrent to some buyers and plenty of insurers, and before long will require a licensed snooper to inspect it every three years, I hit them with my reality check figure. They don’t take it too well, and momentarily I glance at my footwear to check if I’ve missed the slippers in the hall signal, or worse still trodden something unspeakable into the carpet.
‘But you only need one buyer.’ Grumbles the man, nose wrinkled in distaste at my suggestion, further unnerving me. I only just stop short of checking my leather soles, just in case.
His familiar line is one I was using not that long ago to justify absurdly optimistic asking price suggestions, when several other agents were pitching against you, each indulging in more price inflation than an oil company chairman. I might have gone on to spin an enticing tale of the mythical special purchaser, perhaps a Russian Oligarch awash with cash and whose security and privacy issues lead him to believe bars on your downstairs windows indicate a sought-after location.
Every agent has their own little invisible backpack of lines available to dip into for a convincing argument, although outside the M25 ring the cash-rich Cossack tends to be replaced by the ‘London Buyer’. A bonus touting escape-to-the-country character with money burning a hole in their designer pocket, wishing to exchange their dockland studio flat for a place with paddock and a pony. Needless to say this savvy city type is expected to lose all fiscal reason when an over-inflated asking price includes a rat-infested thatched roof and a stagnant well.
Gingerly I explain to the crestfallen couple that although it may be every seller’s fantasy - whether flogging a barn with a pottery kiln, or a flat with a view - to find a mug punter, the reality doesn’t often make it onto the television property shows.
‘I’ll want the money back on my next home.’ Warns the man as he eventually does show me the door. Compromise thirty-five grand lopped off, unlike the overhanging branches tapping on the upstairs window.
And I tell him earnestly, with the conviction of someone who has stayed too long; that what goes around comes around.






