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Our house is up for auction tomorrow!; Anyone want to guess how the market has performed in the last 5 years?
Topic Started: 26 Aug 2011, 12:44 PM (18,696 Views)
raveswei
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Lol, when people can't be bothered, it means you are right :)
Just check Strindberg's posts - he is happy to point out your mistakes (plenty of them from what I see)


which one - there is a lot of crap written by him (almost nothing true)

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I know I have a lot to learn - but I have nothing to learn from someone who knows even less than me.


:) about "negotiations in buying and selling houses" or investing or economy or .... :lol:

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I think I know more about negotiations in buying and selling houses than you do - at least I bought the house I live in! :bye:


sure you know more about negotiations in buying and selling houses, that is skill not the knowledge and I never wasted my time on that (I hate being next to layers, REA, mortgage and insurance sellers, and other professional liers when they talk "business" - it's like being in the final circle of Hell)

we are talking about macro-economy, financial systems, math, ... not the communication (lying) skills of negotiations
http://popping-bubble.blogspot.com/

Thinking of an Australian property speculator (PI):
Inaction = missing opportunities.
Missing opportunities = losing.
Too much thinking = inaction.
Thinking = missing opportunities.
Therefore thinking = losing.

disgraceful little man Frank Castle owes a house to Salvation Army

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Strindberg
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..on second thoughts..he's not worth a response...
Edited by Strindberg, 23 Sep 2011, 11:21 PM.
Housing costs to Income broadly unchanged since 1994 - re-ratified here
The People of Australia have the highest median wealth in the World
2002-2012 10 year house price growth the SLOWEST since 1952-1962
"There are two kinds of people in this world: ones that fiddle around wondering whether a thing's right or wrong and guys like us." (Hugo to Gagin in Ride the Pink Horse)
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barns
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Trojan
23 Sep 2011, 06:25 PM
The highest price is not always achieved at the auction - plenty of houses has sold for higher afterwards (eg The Block)

And the other mistake you are making is:
Sell at lowball price = win
Keep the house = lose
Sorry, it might be your world but not mine.

And you must be the wisest and unluckiest person here - cos so many of your predictions have gone in the opposite direction! :D


On a more serious note, we all know your agenda of thinking your postings on this forum will somehow cause prices to crash.
And how you hitch a ride on any bandwagon which goes in that direction.
I have heard it before. I have debated you before.
And I have come to the conclusion I have nothing to learn from you.
Go wriggle and squirm in another thread.
Trojan - it's well known that the average time on the market for houses personally sold by RE agents v normal people is about double. That is because they know that if the house is for sale for a long time you will eventually get your price. You were right not to sell at auction if you weren't happy with the price. The people looking to buy now compared to the short auction window will be at least 50% different and, as you've found out, may well be prepared to pay more than the failed auction top price. By the way I just made up the 50% different people in 4 weeks stat. Someone may be able to help with that (eg Peter Fraser).
“You Keep Using That Word, I Do Not Think It Means What You Think It Means” - Inigo Montoya
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Trojan
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Strindberg
23 Sep 2011, 11:20 PM
..on second thoughts..he's not worth a response...
Good point. Thanks for the reminder.
Egotistical, self-proclaimed financial genius' are a dime a dozen.
I put trolls and time wasters on my ignore list so if I don't respond to you, you are probably on it ....
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Trojan
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barns
23 Sep 2011, 11:26 PM
Trojan - it's well known that the average time on the market for houses personally sold by RE agents v normal people is about double. That is because they know that if the house is for sale for a long time you will eventually get your price. You were right not to sell at auction if you weren't happy with the price. The people looking to buy now compared to the short auction window will be at least 50% different and, as you've found out, may well be prepared to pay more than the failed auction top price. By the way I just made up the 50% different people in 4 weeks stat. Someone may be able to help with that (eg Peter Fraser).
Thanks barns. This is the first property we are selling and it was interesting finding new buyers are willing to pay more after the auction.
I put trolls and time wasters on my ignore list so if I don't respond to you, you are probably on it ....
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raveswei
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Trojan
24 Sep 2011, 12:13 AM
Thanks barns. This is the first property we are selling
oh so that is the source of your expertise in "negotiations in buying and selling houses"

Quote:
 
Good point. Thanks for the reminder.
Egotistical, self-proclaimed financial genius' are a dime a dozen.


Quote:
 
I think I have stated many times.
I'm not listening to the free advice here - I weigh up my own options and make up my own mind.


So you are here only to show off your "wealth" and expertise in "negotiations in buying and selling houses"?
Sounds like egoism and narcissism are your only agendas here.

* match the colours
Edited by raveswei, 24 Sep 2011, 09:33 AM.
http://popping-bubble.blogspot.com/

Thinking of an Australian property speculator (PI):
Inaction = missing opportunities.
Missing opportunities = losing.
Too much thinking = inaction.
Thinking = missing opportunities.
Therefore thinking = losing.

disgraceful little man Frank Castle owes a house to Salvation Army

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ajGold
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Trojan, one thing I have appreciated in this thread is you putting your position out there for all to see. For me, it's an insight into the mind of a vendor in this market.

So boom, bust or stagnation aside, coming into mid-spring what's the news? Off the market or sold?
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Trojan
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ajGold
4 Oct 2011, 05:00 PM
Trojan, one thing I have appreciated in this thread is you putting your position out there for all to see. For me, it's an insight into the mind of a vendor in this market.

So boom, bust or stagnation aside, coming into mid-spring what's the news? Off the market or sold?
No problems - its a shame the trolls find it irresistible to ... well troll.
Glad you found it useful.

We could not come to an agreement in the conditions with the other buyer.
They had sold their previous home and wanted a ridiculously short settlement period so they could settle on the same day. That would not have given us enough time to move and thus we rejected their offer based on that.

We were also getting sick of cleaning up the house every week for inspection so we decided to take it off the market for the time being. So I get to sleep in on Saturdays again :)

In regards to building our new home, haven't decided what to do yet but alternatives include:
Sell house later and build later
Keep both houses and wife go back to work when the kids are old enough to go to school - then borrow and build
Be content with our 3 bedroom house and move my home office to the garage (I only have 2 kids)
I put trolls and time wasters on my ignore list so if I don't respond to you, you are probably on it ....
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mel
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earthsta
27 Aug 2011, 08:20 PM
Should have accepted the offer.

You'll be chasing the market down from here on
Oh dear :lol

...where have you gone earthy?
Edited by mel, 3 Jan 2014, 06:02 PM.
APF - a place where serious people don't take themselves too seriously. There's nothing else like it.
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Trojan
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Lol, haven't seen this thread for a while.

For the record, we still live in the same house. All the houses in our suburb are selling for over $1mil now and that would be our estimation of what ours is worth now. Glad we didn't sell in 2011. :)
I put trolls and time wasters on my ignore list so if I don't respond to you, you are probably on it ....
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