Lekrub wrote: » What did you make of the area/house in the end? See it's still around.
snottybridge wrote: » Nice area/house, I actually posted for my son who was viewing 1 of 2 houses for sale there, house went way above asking price in the end, he looked at another further up the hill towards Grange, that too went way above the asking.
snottybridge wrote: » ... house went way above asking price in the end, he looked at another further up the hill towards Grange, that too went way above the asking.
Fairdues wrote: » May need to move a bit further out. Is he heart set on Douglas area?
snottybridge wrote: » He's looking in Douglas more for convenience, fairly regular bus service there as he doesn't drive, I think you're right though, he may have to start looking in other areas.
liamjames1 wrote: » Can someone clear something up for me. I am regularly noticing houses selling for way above the asking in Douglas / Rochestown area. Recently heard of a house sold for 275k and an identical house 2 doors down put on the market a month later for 220k. Obviously it sold well above asking. Is there any legislation / audit board to stop auctioneers from doing this? I had heard there was?
liamjames1 wrote: » Can someone clear something up for me. I am regularly noticing houses selling for way above the asking in Douglas / Rochestown area. Recently heard of a house sold for 275k and an identical house 2 doors down put on the market a month later for 220k. Obviously it sold well above asking. Is there any legislation / audit board to stop auctioneers from doing this? I had heard there was? One auctioneers in Douglas is notorious for it at this stage.
run_Forrest_run wrote: » to stop what exactly? There's nothing wrong with a vendor setting their asking price low, it's an effective way to get attention and get a nice bidding war going, sickening and annoying as that may sound. Now if you're referring to another phenomenon that is phantom bidding then perhaps you have a point about trying to stop it, but first you must prove that it exists which the auctioneers will vehemently deny such a thing happens.
bigbrotherfan wrote: » Houses in estates can vary considerably in terms of condition, extensions, maintenance, quality of decor, windows, insulation, aspect, site, size of site/garden, privacy, etc. etc. I am aware of houses within the same park where there is a considerable variation in asking price, which reflects the above. It does not always have to be a case of what's listed in the above posts.
liamjames1 wrote: » Understood and agreed. But you are addressing an example I used not the point I'm making. They are "experts" so factor this into the valuation / guide.
run_Forrest_run wrote: » yep, that's Douglas for ya...we're back to this crap of sale agreed prices soaring well above of asking price.
bigbrotherfan wrote: » liamjames1 wrote: » Can someone clear something up for me. I am regularly noticing houses selling for way above the asking in Douglas / Rochestown area. Recently heard of a house sold for 275k and an identical house 2 doors down put on the market a month later for 220k. Obviously it sold well above asking. Is there any legislation / audit board to stop auctioneers from doing this? I had heard there was? One auctioneers in Douglas is notorious for it at this stage. Hard to believe we're back at this stage, when the bottom fell out of the market, just a few short years ago. It definitely seems to go in cycles and now that things are gone daft again, it may be worth waiting until this madness is over. I was thinking of buying a property during the previous boom, when a relative of mine kept telling me there would be a crash and NOT to buy. Luckily, I took his advice. The fact that rents are so high is putting more pressure on people to buy now though.
liamjames1 wrote: » Just for interest I am putting this up here.http://www.daft.ie/cork/houses-for-sale/frankfield/185-west-avenue-park-gate-frankfield-cork-1416670/ A similar property (I can't see the difference from what is available) a couple of doors down closed on the property price register for €320k and another one for €300k in the last 2 months so wondering why this has gone up for €240k. I will update this after it closes to see actual selling price just for our reference.
Balmed Out wrote: » Was actively trying to buy in a town with limited supply from 2010 till we finally bought in 2016 and the tactic of setting a low price to encourage a bidding war when people get emotionally attached happened as often at the bottom of the market as it does now. I bought a house for 60k more than the asking and the next door neighbor house with a much smaller garden sold two months after for 10k more. It could have gone 10k less just as easily and I think we both did quite well really. What I did having been on the losing side very often was to tell the auctioneer we had agreed to buy elsewhere but it looked like a divorcing couple and it might not go through and could he get back to us when he was close to going agreed. The sudden appearance of a new bidder can turn others off. Other than an estate agent tactic one thing I came across surprisingly often were houses being sold for significantly less then one would expect but there was some planning issues and it was being sold without a certificate of compliance and so you couldn't get a mortgage on it. Cash only.
Lekrub wrote: » bump...Has anyone gone sale agreed on a house yet?
CHealy wrote: » I have been for the last month, won't pin point location but not a million miles from Douglas. Haunted everything is going so smoothly so far.
Balmed Out wrote: » Fingers crossed for you, great to have own place.
