Real Estate /
Making an offer for Polish houses [30]
The market price is set by the buyer.
you do mean the seller..
I would offer 60% of the asking price and walk away, the owner will soon ring you
no they won't... see just above and see post #7.
No its an equilibriam between buyer and sellar.
that would be true in the rest of the world but no in PL
he'll probably get the asking price in the end.
after waiting for it for years while paying and paying taxes and whatever other incidental costs may be.. polish people make no sense sometimes.
Having an auction was a stupid idea. Cash investors would want to pay silly money
not necessary.. cash is king normally and an auction can make a sale faster then any other way. maybe you meant as an auction in PL is a silly idea as everyone is way to cheap to make it work..
Not if the seller sets a reserve
bingo.. you just admitted that it's the seller who dictates the "value"
I would offer him 50 % and wait and if no reply wait a bit longer and if no reply wait a bit longer and hopefully by then he would be delighted with the 50% maybe even 30%. Or just rent and wait as gravity always wins..Buying now would not be a gamble just acute stupidity .
hope you're not holding your breath at the same time.. sellers in PL rarely budge.
I understand it all,
sure doesn't seem so..
it's you that disagreed, but then proceeded to disprove your own arguement.
isn't that actually what you did? look at where i quoted you above the quote from milky.
The smart operator buys and sell, the silly one holds onto property expecting a price he will never receive..
but that is PL..
Property prices are determined by a supply and demand.
that is true everywhere but PL.. poles are too greedy to play that kind of game there. check wroclaw boy's post.. i quoted it in this post too...
get a perspective on how Fcuked up it all is over there.
exactly
