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estate agent on Late Late Show

  • 03-05-2009 7:56pm
    #1
    Registered Users, Registered Users 2 Posts: 346 ✭✭


    did anyone watch this? I thought it was pretty hillarious, the guy seemed totally oblivious to the situation he willingly walked into. The co-guest, the guy that wrote the 'What Autioneers Dont Want You to Know' book was rapid-firing statistics condemning the residential property market while the auctioneer couldnt even respond with one coherent statement.

    Pretty much sums up auctioneering, I mean what do they actually do apart from wearing a nice suit, talking nice and opening a few doors. Must be the job the pays the most for the least amount of graft.

    why dont people simply sell their own properties? I can understand in a new homes development, but private sales should easily by-pass these racketeers


Comments

  • Closed Accounts Posts: 13,249 ✭✭✭✭Kinetic^


    The estate agent is hardly going to go on and say "don't buy for another year or 2". How the hell is he going to earn his commission during that period? He was a joke tbh.


  • Registered Users, Registered Users 2 Posts: 5,238 ✭✭✭humbert


    He did come across as an awfully sleazy untrustworthy git. The other guy seems a lot better informed but I wouldn't trust him at all either. Far too certain based largely on rather general past trends.

    I have to say the late late was considerable less atrocious than I expected, but the last Irish talk show I was subjected to was Tubridy kissing that retard Amanda Bunker's ass so I was braced for the worst.


  • Closed Accounts Posts: 1,259 ✭✭✭NickNolte


    Slimeball. Basically peddling the same crap he's been peddling for years. Only he's happy to pedal it for whatever he can get for it, regardless of what it's worth or the long-term effect on the buyers, so that his commission is higher.


  • Registered Users, Registered Users 2 Posts: 346 ✭✭deepriver


    Kinetic^ wrote: »
    The estate agent is hardly going to go on and say "don't buy for another year or 2". How the hell is he going to earn his commission during that period? He was a joke tbh.

    yea but he was trying to defend the indefensible... If I was an auctioneer I would not show my face on national TV after such a huge bubble burst.. .he genuinely seemed suprised of the situation he found himself in, which is lol


  • Closed Accounts Posts: 1,013 ✭✭✭leitrim lad


    and did you hear the auctioneer fellow more or less trying to talk up the property market,

    yupees i cant stand yupees and he was defo one

    thats what has everyone thinking they are important the likes of him,he was gob smaked when pat kenny stood on the steps and said,
    "but that means more commision for you doesnt it"

    he sat like a little puppy that was after getting a slap for ****ting ion the carpet


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  • Closed Accounts Posts: 95 ✭✭Banrion


    I dont know did Pat give him much of a chance to respond tbh. Pat kept cutting him off to ask Tom and Josie about their E200,000 negative equity.....
    But yes, the man who wrote the book was way more informed and could quote facts damning every sentence that the other poor eejit bleated out.


  • Registered Users, Registered Users 2 Posts: 335 ✭✭cobweb


    the guy who wrote the book said something interesting about NAMA towards the end of the interview, that since NAMA had set a precedent for taking the banks bad debts conceivably they could take the general publics as well. It would be interesting to see if anyone follows up on that precedent.


  • Closed Accounts Posts: 12,382 ✭✭✭✭AARRRGH


    cobweb wrote: »
    since NAMA had set a precedent for taking the banks bad debts conceivably they could take the general publics as well

    Not a chance in hell of that happening. But if it does, I hope smart folk like me who refused to buy during a property bubble get sent a nice fat cheque as our compensation.


  • Registered Users, Registered Users 2 Posts: 346 ✭✭deepriver


    cobweb wrote: »
    the guy who wrote the book said something interesting about NAMA towards the end of the interview, that since NAMA had set a precedent for taking the banks bad debts conceivably they could take the general publics as well. It would be interesting to see if anyone follows up on that precedent.

    this current governement only supports property developers with big brown envelopes for donations, no chance of helping the little man, sure look at the last budget, they totally screwed us


  • Registered Users, Registered Users 2 Posts: 12,815 ✭✭✭✭galwayrush


    AARRRGH wrote: »
    Not a chance in hell of that happening. But if it does, I hope smart folk like me who refused to buy during a property bubble get sent a nice fat cheque as our compensation.

    Sadly, in this country, smart people don't get rewarded, the more stupid , crooked, and inefficient at your job, the greater the rewards. :rolleyes:


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  • Closed Accounts Posts: 7,570 ✭✭✭Ulysses Gaze


    Sure the builders want NAMA to allow them cherrypick the highest potential yield of their underperforming buildings and foist the duds on us. Essentially they keep the high end-Commercial stuff until there is a turnaround (fat chance of that btw) and NAMA (essentially the taxpayer) get to 'buy' the crap they don't want.

    .....and the sad thing is......FF (The Builders Party) will grant them this wish.:rolleyes:


  • Closed Accounts Posts: 96 ✭✭recycle


    deepriver wrote: »
    Pretty much sums up auctioneering, I mean what do they actually do apart from wearing a nice suit, talking nice and opening a few doors.

    why dont people simply sell their own properties? I can understand in a new homes development, but private sales should easily by-pass these racketeers

    Fair point.

    Most of them simply couldn't justify the huge commision they charge for selling a gaf.

    I'd imagine as people become incresingly cost conscious in the future, the relatively few houses being sold will be private sales. As you say, in the main, theres no huge skill involved.


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