Showing posts with label Mayfair. Show all posts
Showing posts with label Mayfair. Show all posts

Wednesday, September 02, 2015

Back To Black - Wednesday

‘Here they come again.’ Warns negotiator S, as she looks across the high street. Everybody cranes their necks through the window display, to try and narrow it down a bit. You get plenty of wastrels and nutters through an estate agent’s door and it’s only worse in the summer, when you prop the door open because the cheap air conditioning the bean counter specified has pissed legionnaire’s disease riddled water, through the ceiling tiles again.

‘F**k no.’ Groans assistant manager T.
‘Swear box.’ Says S, indicating my one nod to charity collection after that disastrous bike ride a few years ago. A pedal where my group got lost, ended up with blistered feet, one suspected hernia and more sore bottoms than a Fifty Shades Of Grey convention.

Every estate agent has their regular time wasters, the perpetual lookers who always find fault with each new instruction you offer them and always say they’d move, if only they could find something as nice as their own home. In the end you realise they’ll only leave their existing house feet first in a box, but it doesn’t stop them pestering you.

‘They’re never going to buy anything are they?’ Says trainee F, with unusual insight.
Not unless some Russian oligarch with a sat nav failure decides to buy their house for several million.’ Chuckles T.
‘Even then they’d grumble about our fee.’ I say flatly.
‘You didn’t really do much for your money.’ Mimics S, to giggles all round.

Obsession about housing and prices has become as much a British pastime as talking about the weather. It’s not helped by endless variations of televised property porn presented by photogenic hosts. Hosts with about as much estate agency experience as those on-line outfits, sat in a large bedrooms staffed by spotty computer nerds with no social skills, but an in-depth knowledge of programming code.

‘Everybody wants to buy at Macclesfield money and sell at Mayfair prices.’ I announce, rather proudly.
‘You’ve been working on that one.’Says T, with a shake of his head. I have, but then these pearls of wisdom don’t just come out of a cracker.
‘You should write some of those down.’ Suggests S, with a winning smile.
If only she knew, but then again, probably best not…

‘Perhaps they are thinking of renting their house?’ Says T with a mischievous nod towards B, our loose lettings lady.
‘They can piss off.’ Snaps B grumpily. ‘I’ve got enough loony landlords to fill a coach trip to Bedlam.’
‘Is Bedlam that new development on the green field site they made all the fuss about?’ Questions F to groans.
Although, plenty of people were mad about it when the planning went through on appeal.

‘Perhaps they won’t come in.’ Says T unconvincingly, as the couple in question hesitate on the far side of the street and I pray for an ill-judged crossing attempt and a runaway juggernaut. ‘No they’re coming in.’ I say ruefully. I just thank God I managed to move the coffee machine from the front office to the kitchen. Start providing free beverages for these people and you’ll be tucking them in with a blanket and a hot chocolate every night, when you close.
‘Morning Mr and Mrs Godfrey.’ Says S with Oscar-winning sincerity, as the pair arrive with, sadly, no sign of any heavy goods vehicle brake failures.
‘Do you have anything new for us?’ Asks Mrs Godfrey with a condescending look. I nod towards them. I must have valued their home at least four times over they years and I know, in the unlikely event of the idiots ever actually placing their tired semi-detached house on the market, they’d opt for the most outlandish asking price and the cheapest fee. Not me. Never me.

‘Have you thought any more about placing your own house on the market? It would put you in a better buying position.’ Coaxes S, after she’s taken them through several perfectly acceptable replacements for their own home.

‘You find us something better than ours first.’ Says Mr Godfrey dismissively.
‘I doubt they will dear.’ Adds his wife. ‘What we’d really like to do….’

Yes, is pick your house up and move it.

F**k off.

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Thursday, July 23, 2015

Price War - Thursday


Sat outside another identikit Executive detached home built in a bland, non-regional, style by one of the National house builders, about fifteen years ago. The only thing I know for sure, apart from the fact that the architects responsible for these charisma-free homes, never actually live in one, is the asking price is too high.

Negotiator S saw the fifty-something couple in the office and managed to deflect their initially combative approach, and palpable dislike for estate agents, in to a valuation appointment for me. She’s good like that.

They may think I’ll miss it, but I can see the opposition estate agent’s sun-bleached for sale sign tucked down the side path, a path with the minimum width allowed before the next house was built slap bang against it. Land with planning permission was at a premium a decade and a half ago, just as it is now. They’re not making any more of it, and it’s the reason several local planning officers are rumoured to have - paid for in cash - holiday villas in Spain.

‘They wouldn’t say how much they’re on the market for.’ S had told me after she’d booked me the appointment. ‘But I’ll find out.’
‘It’ll be too much.’ I told her gracelessly.
It took her fifteen minutes and my thoughts were confirmed. Six months with the shitesters across the high street. £50,000 more than it was worth and a long, restrictive sole agency, finally finished. Got to love a challenge.

‘Come in.’ Says the husband flatly, a look of distain on his face. His wife hovers in the background but I’m pretty sure she’ll be more forthcoming when I tell her what the house is really worth. We’re not in Mayfair and I’m guessing a Russian Oligarch with state-plundered funds, isn’t going to be that impressed with the local schooling and transport links. There’s certainly not enough room in the garden for a helicopter pad and digging a basement would just turn up the old rubbish tip again….

Cursory tour of the accommodation and a glimpse at the garden, completed, I sit opposite them on the sofa. I have the floor-plans of these house types on file and unless they’ve diminished the saleability with some garish interior designer decor, I could tell them the price without leaving my office. The garden is north facing, which won’t help, but doubtless it “didn’t bother us” when they bought.

They say valuing property is more of an art than a science, and it’s true when it comes to unique, one-off homes but with the advent of Land Registry data and the transparency of prices paid, the arty bit isn’t quite as important as it was. Mostly Jackson Pollocks…

I’m fencing and pontificating and can feel they couple aren’t really taking in the comparable sales data I’m gently feeding them. Unless you’re on a riverboat cruise in Egypt, denial isn’t that attractive.

‘Yes, but ours is much nicer than those two down the road.’ Argues the wife. It isn’t and they’ve actually moved, lady. But at least she’s showing her true colours now.
‘It was more about that other bunch of useless idiots.’ Contributes the husband sourly. He’s referring to my competitors, whose board is down the side alley. They couldn’t mask the well-entrenched hole in the front garden though. If the for sale flag had been there any longer it would have sprouted leaves come the spring.

‘Yes, they completely duped us and they never kept us updated.’ Chirps the wife. ‘All they ever wanted us to do is reduce the price.’
Yes, that’s how they operate, I think dejectedly. Still no minimum standards in the industry - any low-life can lease a shop-unit and put a fascia up and don’t even start me on, so-called, on-line estate agents.

I’ve flogged more dead horses that a sadist in a knackers’ yard, but I’m beginning to feel this is another waste of time. These people want more than their home is worth and will only buy if someone undersells their own property. I decide to try just the £25,000 reduction.

‘We’re not giving it away.’ They chorus familiarly.


No. You’re not.

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