9510 The new index of buyer’s interest?

[FONT=Calibri][SIZE=3]I have unwittingly come across a new index which can probably be used to judge how many buyers are in the Italian market.[/SIZE][/FONT]
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[FONT=Calibri][SIZE=3]I wonder if anyone else has had my recent experience of hearing from several estate agents who I last had contact with about 18 months ago. All of a sudden they have started sending out emails offering properties for sale. [/SIZE][/FONT]
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[FONT=Calibri][SIZE=3]To rub salt in the wound, several of them never actually replied to my original inquiries. Why bother replying to people when business is good huh![/SIZE][/FONT]
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[FONT=Calibri][SIZE=3]So I guess times must be getting tough if you have to really scrape the barrel for old buyers.[/SIZE][/FONT]

Category
Property Sales/Rental Advice

Your spot on! Same here.

We have been looking for somewhere new for over a year (based in Italy) and the agents were terrible. Now they call us.

I think its great news as the agents get 6% (3% from the buyer, 3% from seller) for doing nothing. Many do not even put photo's in their window let alone update their website.

I would also note that many of the places we saw a year ago have either been taken off the market or are unsold. We are getting calls with 20% negotiability on places they stated were not flexible.

There are all kinds of agents, good ones and bad ones. It is obvious that if the selling market is tough the bad ones are going to desperately try to do something by contacting those potential buyers that they had on their lists. I have heard that most EU property is about 20% overvalued.... so by negotiating that sort of reduction you are only paying the real value of the property.

[B]This month we lowered the prices of a lot of properties!
Go to our website and check them out! [url=http://www.housearounditaly.com]Property for sale in Abruzzo, Italy - HouseAroundItaly[/url]
Use the search facility, choose status "Reduced" [/B]

The issue though is the price that they were reduced from. Interesting that this marketing angle is being taken

Thats interesting, but they would need to reduce the village and castle for sale in Marche by a few zeros!, or shall we all club together?.
A

In my long quest for some land, I have just received probably the "best" photo from an agent in a long time.

Difficult to understand why agents are struggling isn't it?

Then again, at least he responded I suppose.

[quote=patch2277;91961]In my long quest for some land, I have just received probably the "best" photo from an agent in a long time.

Difficult to understand why agents are struggling isn't it?

Then again, at least he responded I suppose.[/quote]

Well at least you can tell that " it has easy access and electricty close by " :laughs::laughs:

[quote=deborahandricky;91962]Well at least you can tell that " it has easy access and electricty close by " :laughs::laughs:[/quote]

ha ha very good:smile: