House Struggling to Sell? Watch this
10:34
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@REYNOLDS566
@REYNOLDS566 3 күн бұрын
I'm favoured $40k every 8 weeks! I now have a good house and can afford anything and also support my family
@LauraWilliams-b6i
@LauraWilliams-b6i 3 күн бұрын
How please
@LauraWilliams-b6i
@LauraWilliams-b6i 3 күн бұрын
I've been investing in Bitcoin by myself. I'm not really happy with what's going on, just few weeks ago I lost about $7,000 in a particular trade. Can you help me out or at least advise me on what to do?
@REYNOLDS566
@REYNOLDS566 3 күн бұрын
I will advise you stop trading on your own if you keep losing. And i don't trade on my own anymore, I always required help and assistance
@REYNOLDS566
@REYNOLDS566 3 күн бұрын
She's my family personal Broker and also a Broker to many families here in the United states, she is a licensed Broker.
@SarahMorgan-f2x
@SarahMorgan-f2x 3 күн бұрын
😱Sounds familiar, I have heard her names on several occasions.. And both her success stories on wall street journey!
@HnaaAbdallah
@HnaaAbdallah 3 күн бұрын
انا اختك اليمنيه واعتبرني اختك والله ماتكلمت الا من جوع ومن ضيق الحال انا وكامل اسرتي تشردنا من بيوتنا بَسَبَبَ الَحَرَبَ نَحَنَ فَيَ حَالَهَ لَايَعَلَمَ بَهَا الَا الَلَهَ حَسَبَنَا الَلَهَ وًّنَعَمَ الَوكيَلَ فَيَ مَنَ اوًّصَلَنَا الَى هَاذا الَحَالَ وًّالَلَهَ الَعَظَيَمَ مَا كتَبَتَ هَذا الَمَنَاشَدَهَ غَيَرَ مَنَ الَضَيَقَ وّالَفَقَر يَاعَالَمَ حَسَوّا فَيَنَا ارَجَوّكمَ وّالَلَهَ الَعَظَيَمَ رَبَ الَعَرَشَ الَعَظَيَمَ انَه الَاكلَ مَا فَيَ عَنَدَيَ بَالَبَيَتَ وًّالَلَهَ يَا اخَوّانَيَ انَهَ اخَوًّنَيَ بَقَعَدَوًّ بَالَيَوًّمَيَنَ مَافَى اكلَ وًّالَلَهَ وًّضَعَنَا كثَيَرَ صَعَبَ نَحَنَ 4 نَفَرَ دَاخَلَ الَبَيَتَ وًّابَيَ مَتَوًّفَيَ وًّلَا يَوًّجَدَ مَنَ يَعَوًّلَ عَلَيَنَا وًّسَاكنَيَنَ فَيَ بَيَتَ اجَارَ لَانَسَتَطَيَعَ دَفَعَ الَاجَارَ الَلَيَ ''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''' اخي اول كلامي انا اقسم بالله على كتاب الله اني لااكذب عليك ولا انصب ولا احتال اني بنت يمنيه نازحين انا واسرتي بيننا ایت الشهرب 20 الف يمني والان علينا 60 الف حق 3 شهور وصاحب البيت من الناس الي ماترحم والله يا اخي انه يجي كل يوم يبهدلنا ويتكلم علينا ويريد من البيت للشارع لانناماقدرنا ندفعله الأجار شافونا الجيران نبكي ورجعو تكلمو الجيران ومهلنالاخره الأسبوع معادفعنا له حلف يمين بالله هذا بيخرجنا إلى الشارع رحمه واحنا. بلادنا بسبب هذا الحرب ولانجد قوت يومنا وعايشين اناوامي واخوتي سفار والدنا متوفي الله يرحمه ومامعنا أحد في هذا الدنيا جاانبنا في هذه الظروف القاسيه اخوتي الصغار خرجو للشارع وشافو الجيران ياكلو واوقفو عند بابهم لجل يعطوهم ولو كسره خبز والله الذي له ملك السموات والارض انهم غلفو الباب وطردوهم ورجعو یبکو ایموتو من الجوع ما احد رحمهم وعطلة ردها لقمت عیش والان لوما احدنا ساعدنا في إيكيلو دقيق اقسم بالله انموت من الجوع فيا اخي انا دخيله على الله ثم عليك واريد منك المساعده لوجه الله انشدك بالله تحب الخير واتساعدني ولو ب 500 ريال يمني مع تراسلي واتساب على هذا الرقم 00967713342392 وتطلب اسم بطاقتي وترسلي ولاتتاخر وايعوضك الله بكل خير اخواني سغار شوف كيف حالتهم وساعدنا وأنقذنا قبل أن يطردونا في الشارع تتبهدل أو نموت من الجوع وانا واسرتي نسالك بالله لولك مقدره على مساعد لاتتاخر علينا وجزاك الله خير.._÷~÷~π~÷π~~π^~√
@vincentgunawardena1277
@vincentgunawardena1277 3 күн бұрын
Hey chris ellis are you the chris ellis who voiced Numberjack 4
@theinvestorslender
@theinvestorslender 19 күн бұрын
Nice video guys! I'm curious, is the UK experiencing tight inventory like us in the U.S.? We have a problem where there's a lot more demand than supply because many do not want to sell unless they really need to. Keep up the great work!
@power_bespoke
@power_bespoke 19 күн бұрын
For sure. The supply/demand pendulum has been swinging either way for a few months now but in general terms, there is still a lack of supply of correctly priced properties. Still strong demand from buyers BUT at the right price (if that makes sense). Overcook the price by 5/10% and it's slow. Get the price right, and properties are still selling really well. Buyers are just more cautious and more clued up right now I think
@paulp1802
@paulp1802 23 күн бұрын
When you say performing better against your competition, from the data, what’s the definition of performing better/ how is it measured, clicks? Saves? Etc?
@power_bespoke
@power_bespoke 19 күн бұрын
Full detail views
@EugenCotoranueXpUK
@EugenCotoranueXpUK 23 күн бұрын
I would say always price it correctly, this way you can go down -2% if needed or get 1-2% more if lucky. Example asking price 450,000, -2% at some point if needed, for rightmove trigger alerts, but keep it round, £440k and maybe add offers over. This way you can achieve around 99% of the initial asking price. Depends from case to case.
@power_bespoke
@power_bespoke 19 күн бұрын
Great advice 👍
@SellingAHomeWithTheCaseys
@SellingAHomeWithTheCaseys 27 күн бұрын
Such good points here!
@TomjJames-ut2ct
@TomjJames-ut2ct 29 күн бұрын
Would you say 5% below asking price cash is a good offer
@power_bespoke
@power_bespoke 28 күн бұрын
It really depends on how competitively the property is priced in the first place but it would be a fair starting offer most likley
@tourrhythmgolf-3to1
@tourrhythmgolf-3to1 Ай бұрын
Might be worth waiting til the budget. There are going to be seismic shocks to the tax eco system for sure so will be adopting wait and see approach til then. If CGT goes up to match income tax rates (as they have moored) there could be a landlord and second homer fire sale.
@power_bespoke
@power_bespoke 28 күн бұрын
Totally agree re the potential landlord & second home fire sale if CGT increase which will just push rents up even higher
@Ozman676
@Ozman676 Ай бұрын
These guys have no idea what is coming,and when it happens you will be able to smell the shock.
@power_bespoke
@power_bespoke Ай бұрын
Only time will tell
@RoseDaly1
@RoseDaly1 Ай бұрын
Spot on, prices are much lower. Wait a year or two and you will pay more for a property, makes sense to buy a place at a slightly higher interest rate as in this situation, it will go down. Bought my first place on a higher interest rate and benefited when the interest rate reduced and the equity also increased over time.
@power_bespoke
@power_bespoke Ай бұрын
Great move 👌
@robertmileyjr442
@robertmileyjr442 Ай бұрын
Nice cleavage! 😎
@perspicaciouscritic
@perspicaciouscritic Ай бұрын
But what if no high street estate agent is willing to enter into a rolling contract to sell the flat? Then what? I spoke to four and they all want either a sole agency or sole selling contract.
@power_bespoke
@power_bespoke Ай бұрын
Sole agency and sole selling is fine. It's the 12-24 week tie in that isn't fine
@perspicaciouscritic
@perspicaciouscritic Ай бұрын
Thank you, @@power_bespoke! I will try and negotiate.
@sandcram
@sandcram Ай бұрын
She literally just said “it’s your house, but you can’t take that right away from the buyer” Except, he doesn’t want them to view it so…that’s definitely his right
@power_bespoke
@power_bespoke Ай бұрын
There's more in the main video. We were speaking about whether buyers who are not in a proceedable position should be allowed to view kzbin.info/www/bejne/pqWtoaSvlL6MZposi=N-4ygTdp1jKD_vue
@davegeorge5140
@davegeorge5140 2 ай бұрын
If I were to spend £2.2m on my property of a lifetime, I'd most certainly want more distance from any neighbours. Other than that, this is a very nice house.
@Aphrodite-sd2md
@Aphrodite-sd2md 2 ай бұрын
How long do you advise before dropping price and by what %. Been on for 3 months, Priced at 900,000. We have had 14 viewers but no offers, two said they’d offer but not sold. House is disproportionately larger downstairs due to extension. School holidays may mean it’s going to be quiet so considering coming off and going back on in Sep with new agent, new pics. Market quiet in my area. Any advice?
@power_bespoke
@power_bespoke 2 ай бұрын
It really depends. Rightmove data suggests you'll receive 70% of interest in the first 4 weeks of marketing. This video helps explain that: kzbin.info/www/bejne/aZeoaHhpa61-gacsi=yKD7tT66tV0d1wb2 It also depends on what the houses you are competing with are doing. Are they selling? Are they reducing to sell? Are things just abit slower. Looking at the backend marketing data, how is your property competing against others on the market? But for sure, a rest off the market is a good idea depending on what your local market is doing. Feel free to book an advice call and a member of our team can give you advice based on your exact situation 😁
@mikerodix4800
@mikerodix4800 2 ай бұрын
I was searching for some land and found a nice lot but didn't like the price so i made an almost insulting offer of 75% asking price because i honestly didn't think they would accept and hoped it would end the conversation as i was ready to move on. I got it for just a couple grand more
@power_bespoke
@power_bespoke 2 ай бұрын
Indeed sometimes you've just got to offer what it's worth to you 👌
@pppp67567
@pppp67567 2 ай бұрын
Doesn't sound like a great move. People typically search at the top end of their budget, they are likely therefore offering at the top end of their budget. Also, if someone has offered the asking price why would you not accept?
@georginaclark3911
@georginaclark3911 2 ай бұрын
Speaking as someone currently looking, we have gone in low knowing we will be negotiated up towards the asking price. We know full well it'll get rejected and we can go upwards if we want to. People generally put their house on for more money than they think they'll get so if you go full asking price when you could have got it for less then you've been a bit hasty.
@power_bespoke
@power_bespoke 2 ай бұрын
Very few people make their first offer, they're best offer. If the offer is at the asking price but there is a 5 link chain behind them, the seller may not want that and prefer a slightly lower offer with no chain
@pppp67567
@pppp67567 2 ай бұрын
...unless the market is moving downwards otherwise you might end up in a worse position.
@power_bespoke
@power_bespoke 2 ай бұрын
Not necessarily. The market is relative. If you're trying to upsized in a downward market, you're better off letting prices fall then buying
@picknmix39
@picknmix39 2 ай бұрын
Dexter's do not mark the properties under offer as under offer at the moment. It's a marketing policy apparently. This makes identifying motivated sellers with them almost impossible as so many old listings are actually under offer.
@power_bespoke
@power_bespoke 2 ай бұрын
That's a good point. It's quite misleading on their behalf though. Our view is if you have solicitors instructed and people are stating to incur costs, the property should be marked under offer
@picknmix39
@picknmix39 2 ай бұрын
@@power_bespoke totally agree. I'm thinking of referring them to advertising standards authority
@picknmix39
@picknmix39 2 ай бұрын
Nice video, but in the UK the look of the front house is SO important to buyers because the type of house we have is so closely part of our cultural identity and aspirations. We can also tell a lot about the house from the outside - 30s houses are spacious with large gardens. Victorian houses have smaller rooms and often downstairs bathrooms. New houses will be more energy efficient but have little character. The front of the house is vital and if I see an ad with say the kitchen as the cover image, I'm always suspicious!
@power_bespoke
@power_bespoke 2 ай бұрын
Totally agree, that's why the front of the house should always be picture number 2 or 3 (or number 1 if it is the most appealing part of the house)
@just_geoooo
@just_geoooo 3 ай бұрын
Hi! I am 7 weeks into a 16 week sole selling rights contract and have put in writing to the EA that I would like to take my house off the market as we no longer wish to sell the property. they have basically said we can’t take you off the market due to still being in your 16 week contract. Is this correct? The way I understood the contract, is that I cannot re market the property with someone else in that time? And if I do I will incur a fee which I understand, but I did point out that I do not want to remarket or even sell anymore. Any advice would be appreciated! Thanks
@power_bespoke
@power_bespoke 3 ай бұрын
100% you can take it off the market with them. You are right in your thinking that the 16 weeks just means that if you are wanting to sell it, you can only sell it with them. It's your house so you can do what you want with it, they can't dictate to you. Grrrr estate agents
@اصيلمحمدعليالسمعي
@اصيلمحمدعليالسمعي 3 ай бұрын
كويس أول متابع انا
@user-py4nq2sv9z
@user-py4nq2sv9z 3 ай бұрын
WOW 🤩
@cyclist20
@cyclist20 3 ай бұрын
can you update this for 2024?
@power_bespoke
@power_bespoke 3 ай бұрын
Great idea. Will record soon :)
@BartlettEstates
@BartlettEstates 4 ай бұрын
Spot on as usual Perry
@power_bespoke
@power_bespoke 3 ай бұрын
Thanks Phillip 🙏
@pamelahall9459
@pamelahall9459 4 ай бұрын
A house is only worth what someone is prepared to pay for it.
@power_bespoke
@power_bespoke 3 ай бұрын
Thank is very true 👍
@Soulboy63
@Soulboy63 4 ай бұрын
Be even less now Perry
@power_bespoke
@power_bespoke 4 ай бұрын
Totally agree
@tourrhythmgolf-3to1
@tourrhythmgolf-3to1 4 ай бұрын
irs not an old school crash but a stealth crash. 5% nominal falls inflation adjusted you are looking at 15-20% real falls since peak IMO. Good show bye the way.
@picknmix39
@picknmix39 4 ай бұрын
Hi Perry, appreciate your video. If you agree that prices might go up by 20% in the next 5 years or so, whats your suggestion of where a buyer's 20% extra buying power will come from? Interest rates dropping back to 1-2%? Large wage growth? Government stimulus? I can't see any of these happening myself.
@power_bespoke
@power_bespoke 4 ай бұрын
Out of all those, I think Government stimulus is most likely, they're already talking about stamp duty cuts in the next budget
@picknmix39
@picknmix39 4 ай бұрын
@@power_bespoke Thanks for the reply. I'm one of those praying for no more government subsidy in the form of help to buy, stamp duty cuts etc...for the housing market. As you say it just inflates prices, beyond what a free market can sustain, and therefore makes life more expensive for everyone. I hope those in power realise that the money we all spend on our mortgages is money not going into the economy to generate growth.
@power_bespoke
@power_bespoke 4 ай бұрын
@@picknmix39 Yea I totally agree, it just causes the cycle of boom to bust
@g.p616
@g.p616 4 ай бұрын
Your statement that price movement doesn’t have an impact on EA profits is laughable! Do you take your viewers for fools? Everybody knows that a rising market stimulates sales volumes. A rising market: gives buyers the confidence that their asset will appreciate; creates a “buy now” mindset through fear of the market rises outstripping buyers’ financial resources. Apart from that, I heard a lot of good sense.
@power_bespoke
@power_bespoke 4 ай бұрын
The average UK house price is 282k. The average uk estate agency fee is 1.1%. A 10% increase in house price in say 12 months would make the estate agency an extra £310, which would be eaten up by the increased business operating costs in that time too. The point is/was when people say us agents inflate prices for personal gain, they don't do the maths. A good agent should always try and extract the highest price possible from the market for their client as that's their job.
@SycAamore
@SycAamore 4 ай бұрын
Will be interesting to hear your opinion about Labour coming to power soon. I think investors will dump a huge number of their properties on the market. It will just make zero economic sense to keep these properties with the possible rent controls, new taxation, etc
@power_bespoke
@power_bespoke 4 ай бұрын
Hmmm I try not to predict what could happen with a change of government but what I am seeing is alot of landlords are already selling their properties. Partly due to the strains this government has put on them and partly due to the fact it will likley get alot worst for them with a labour government
@g.p616
@g.p616 4 ай бұрын
I don’t get it…. There is no “Withdrawn from market” search option on Rightmove! So your saying these properties can only be found by paying a buying agent, is that correct?
@shaggylocs7
@shaggylocs7 5 ай бұрын
I would like for you to sell my home in an auction
@power_bespoke
@power_bespoke 5 ай бұрын
We' love to help. Feel free to call us on 01737246777
@g.p616
@g.p616 5 ай бұрын
Any Estate Agent’s comments on house prices are completely worthless. All EA have a vested interest in a rising market. Please stop quoting Estate Agent comments.
@power_bespoke
@power_bespoke 5 ай бұрын
Estate agents don't really have a vested interest in prices rising. It doesn't really matter to us whether prices go up or down, as long as people are moving. Any increase in house prices (and so our fee increasing) is generally eaten up by inflation and the cost of doing/running the business
@mosam6171
@mosam6171 5 ай бұрын
Thank you for the advice. However is it a good time to sell a property right now in London?
@perry_power
@perry_power 5 ай бұрын
That's a really hard question to answer. It depends on your plans once the property is sold, ie. will you buy on? Bigger or smaller? Will you rent? etc etc My blanket advice is always 'The best time, is when it's the right time for you'
@martinjones7097
@martinjones7097 5 ай бұрын
hi do you pay for the reductions to show as i seem to have over used right move now they are asking for 2.99 per month ?
@power_bespoke
@power_bespoke 5 ай бұрын
Yes I pay for the premium subscription 👍
@PaulRolfe-xt1db
@PaulRolfe-xt1db 5 ай бұрын
Great hack Perry, this is news to me, a seasoned pro. Thanks
@power_bespoke
@power_bespoke 5 ай бұрын
Every day's a school day for continuous learners like us Paul 👌
@smsadirul
@smsadirul 5 ай бұрын
Hello Dear Are you looking for a professional KZbin thumbnail designer. Let me know please Thanks.
@sauravshah216
@sauravshah216 5 ай бұрын
❤❤❤
@GAMING24HOURS693
@GAMING24HOURS693 5 ай бұрын
First
@cyclist20
@cyclist20 5 ай бұрын
Sold mine for asking once dropped to sensible price. I think you are right. Q4 of 2023 was a total bugger though
@power_bespoke
@power_bespoke 5 ай бұрын
Great to hear you sold. Pricing correctly and competively certainly is key
@belindapreston9747
@belindapreston9747 5 ай бұрын
the fees are very high, he didn't mention that :(
@power_bespoke
@power_bespoke 5 ай бұрын
Hi Belinda, fees are 2%+VAT, you can also opt to charge the buyer but when you do that, they just take the fee off the amount they are prepared to offer on the property
@kellywalker4494
@kellywalker4494 5 ай бұрын
Lockdowns and all the free cash given out to people that didn’t need it was reckless and unnecessary. Now people are being forced into misery that is more damaging than COVID. The quality of people running the country is very poor, none of them would be able to run a real business.
@power_bespoke
@power_bespoke 5 ай бұрын
It's a challenging situation for sure. We all hope for better days ahead.
@angelachanelhuang1651
@angelachanelhuang1651 5 ай бұрын
English language
@power_bespoke
@power_bespoke 5 ай бұрын
Sorry what do you mean?
@88Myia
@88Myia 6 ай бұрын
You’re amazing. Love all the info in your videos so much. Thank you!
@power_bespoke
@power_bespoke 6 ай бұрын
I'm so glad you find the information helpful! Thank you for your support!
@tenniskinsella7768
@tenniskinsella7768 6 ай бұрын
At auction. Does that mean the house needs attention my house does thst mean y dont care a fair price
@power_bespoke
@power_bespoke 6 ай бұрын
Not all houses at auction need attention. Some people place their property in auction just because they need speed and certainly
@bogroll1881
@bogroll1881 6 ай бұрын
I'm shocked at how ignorant people are about the most important financial aspect of their lives - their mortgage - 2 years ago when things started going wrong I changed to a fixed rate deal for 5 years - everyone had the same opportunity your stat that 55% are already on these higher rates is hard to understand
@power_bespoke
@power_bespoke 6 ай бұрын
It's surprising how many people overlook the importance of their mortgage rates. Knowledge is power when it comes to finances.
@PhantomRaspberryBlower
@PhantomRaspberryBlower 6 ай бұрын
Sorry i think your wrong on this one. The problem with rates coming down and affordability going up is in reality there's an awful lot of unsold houses in a lot places. Lots of houses have gone on in the last year and a higher price than demand and have not shifted. People have been very very reluctant to reduce the prices. In most places it will take quite a long time for demand to eat up spare capacity and push the prices up. Also lots of reasons to believe that inflation will not actually fall much now and so we are stuck with higher interest rates until at least next year (next government') Without a significant crisis the bank is unlikely to shift to lower interest rates by much at all.
@power_bespoke
@power_bespoke 6 ай бұрын
Thanks for sharing your perspective! It's always interesting to hear different viewpoints on these complex issues. Time will tell for sure and I think it's definitely very localised around the UK and different regions will have differing market activity
@tourrhythmgolf-3to1
@tourrhythmgolf-3to1 6 ай бұрын
mortgage rates are based on swap rates not the BoE base rate. Swap rates are based on future😢 expectations of future BoE base rates which as can be seen from 10Yr gilt yield curve has been ticking up recently.Just to say that because BoE base rate goes down that mortgages will go down is wrong. No one knows where gilt curve is going, if I did I would be very very rich....
@power_bespoke
@power_bespoke 6 ай бұрын
Thanks for sharing this insightful information about how mortgage rates are determined