The BEST Guide to POLAND
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Posts by pip  

Joined: 4 Jul 2011 / Female ♀
Last Post: 12 Mar 2013
Threads: Total: 10 / Live: 2 / Archived: 8
Posts: Total: 1658 / Live: 257 / Archived: 1401
From: poland, warsaw
Speaks Polish?: yes

Displayed posts: 259 / page 5 of 9
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pip   
9 Jan 2012
Real Estate / Residential real estate values go down in Poland [455]

So what is that definition ? We are lambs in the wilderness in our ignorance. Please help us with the bible.

don't be obtuse. In order to be an agent- commercial or residential it is necessary to be licensed. nothing new. and in order for this to happen you need to take courses and pass these courses- which all are about real estate- both residential and commercial. the books for the courses are considered "bibles" in real estate because the discuss every picky detail- of which one is the bubble.

You can spot a bubble beforenit happens. We have one now and it's going to pop

you don't know this until it happens.
pip   
9 Jan 2012
Real Estate / Residential real estate values go down in Poland [455]

about 5 pages ago I posted a really good link by a few experts that discussed the situation with regards to residential real estate in Poland.

with regards to the above scenerio about an osiedle 15 km outside of warsaw and then the developer dropping the prices by 40%.

This is the situation now. There is osiedle "Le Village" in Piaseczno- the prices when during construction were close to 1 million and yesterday I saw the billboard advertising 699,999 for a a segment.

In Janki there is osiedle sosnowy doliny- exactly the same price 699,999 and they started at 1.2 million for a segment.

The drop is large yes, but now the price is reaching a fair market value. Developers have inflated their prices so much that they can afford this 40% drop and they will still make money.

A "bubble'" is a defined term. This why I am arguing- there is a definitive definition in all real estate "bibles" that explains what a bubble is. not a wiki pedia entry or whatever.

it is easily googled and defined on any good real estate website.

so once again- based on the actual definition of what a real estate bubble is---there is no bubble in Poland- yet. and the thing is typically you can't define a bubble until after it has happed

so what we are experiencing in Poland is a dropping of prices and a leveling out to reach fair market value. If in the next two years the prices drop by another 30 to 40% then we have a bubble- but again- we can't define it until after it has happened.
pip   
9 Jan 2012
Real Estate / Residential real estate values go down in Poland [455]

I think you should study up a bit more.

I don't need to I know exactly what it is.

I am not biased at all. In fact I would love to see prices achieve fair market value so that more people are able to buy their own home and finally say goodbye to those hideous communist style blocks.

Even though my husband does work in commercial real estate- it is a completely different thing.--different rules and different objectives and different standards.
pip   
9 Jan 2012
Real Estate / Residential real estate values go down in Poland [455]

I have an accuracy problem.
If you are watching a football game and a player hits the post- it does not count as a goal.
If you go to the dr. and say that your nose is broken- he does not wire your jaw.

words and terms are used to describe the way we live. A "property bubble" is a defined term in real estate. It happens in commercial and residential. By saying Poland is having a property bubble is not accurate and nobody in real estate would use this term at the moment.

If you want to say that Poland is experiencing a drop in prices- then I would agree with that and have about 10 pages ago- but to say that it is a bubble is not accurate.

you don't call an earthquake a tornado.
pip   
9 Jan 2012
Real Estate / Residential real estate values go down in Poland [455]

no- it is simply not an accurate description. A property bubble is a term that is used- but in Poland it is not an accurate description. I am kind of sticky about details and this is an important detail.
pip   
8 Jan 2012
Real Estate / Residential real estate values go down in Poland [455]

yes- prices are going down--NOBODY is arguing that- why is this still a topic? What the argument is- there is NO property bubble. A decrease and leveling of prices does not mean there is a bubble.

once again
the market is saturated
the prices are leveling out to a fair market value.

just yesterday we were driving through Piaseczno and Janki outside of Warsaw, there are two housing developments that have dropped their prices from 1.2 million pln to 700,000 for a house about 150 m2.

The site in Piaseczno has flooding issues and the one in Janki is in a bad location.
Where I live there are still a good number of housing osiedle's being built- houses are selling- just not at inflated prices.
pip   
7 Jan 2012
Life / K+M+B-2012 - formula on flats in Poland [63]

It also works both ways Pip, if foreigners choose to settle in Poland.

I didn't mean insulting ones religion or culture- you kinda lost me here. I just meant that because the Polish culture and religion and we could add war to that mix, is so intertwined that is difficult to pick and choose what is religious and what is cultural. So to deny something that is specifically a religious custom could mean to many family members that they are in fact denying Polish culture- when this is not the intention.
pip   
7 Jan 2012
Life / K+M+B-2012 - formula on flats in Poland [63]

I have seen it on new flats also- built as recently as 2008
The thing about Poland is that religion and culture are so intertwined it seems to be that if a person denies a typical religious custom they are almost denying the culture. I don't think people are returning to religion because of the economic times but rather as a way of returning to the culture- less McDonalds- so to speak.
pip   
7 Jan 2012
Life / K+M+B-2012 - formula on flats in Poland [63]

Anybody know how common it is for Poles who are outside Poland to put K+M+B-[year] on their doors?

I can't answer for all Polonia but in my experience with the Polish community in Canada- they do put it on their doors also.
pip   
6 Jan 2012
Life / K+M+B-2012 - formula on flats in Poland [63]

I would add that it is seen more in the smaller towns and villages and less in the cities. I lived in a new block and I did see it. I think 2 to 3 out of 10 is quite accurate. In my osiedle in Warsaw I have not seen it- I live in an osiedle with 20 houses- but my previous osiedle which had 90 houses had probably about 40 doors with this on it.
pip   
4 Jan 2012
Life / Babcia or Busha - any social class difference? [359]

And back to the topic of this thread: 'Busia', it is not used by Polish people and is not found in Polish dictionaries. End of story.

and there you have it. time to move on.
pip   
4 Jan 2012
Life / Babcia or Busha - any social class difference? [359]

polishmamaontheprairie.blogspot.com/2010/12/polish-grandmother-babcia-busia-buzia.html

here is another one that explains it quite well. Can we bury this now
pip   
4 Jan 2012
Life / Babcia or Busha - any social class difference? [359]

easteuropeanfood.about.com/od/ah/g/busia.htm

click the link- it explains everything. It is not a Polish word. It is an Americanized Polish word. End of story.
pip   
4 Jan 2012
Food / Panga Fish (available in Polish stores); I'll never eat it again. Alternative? [49]

quite bizarre that a post over a year old makes an appearance. Anyway- panga. don't eat it. I also used to eat it until I found out where it was from- what I don't understand is why places on the seaside in Poland sell it?? The fish of the Baltic is fresh and local. I think that goes for everything- buy local when possible- obviously in the Polish climate some fruits and veg need to be imported unless you are a wizard in the kitchen and can preserve things.
pip   
3 Jan 2012
Life / Babcia or Busha - any social class difference? [359]

but your references are from a famous Kashubian place in Canada- Kashubian is not pure Polish. If you go to the north you can see the written language and hear the difference- so to claim that Busia is a Polish word based on these sources are not accurate.
pip   
18 Dec 2011
Real Estate / Residential real estate values go down in Poland [455]

you know it is really stupid when posts get deleted. it makes the rest seem out of context. jesus, it is natural to veer of topic- why does it have to get deleted. just stupid.
pip   
18 Dec 2011
Real Estate / Residential real estate values go down in Poland [455]

Indeed, when I was buying a place not so long ago, it was amazing how little effort people made when it came to selling a place. I think - honestly - only one person actually had a place that you looked at and said "wow, I could live here".

thanks for this- this is my entire point. little to no effort being made in resale homes. they just dump them and move to better- but dumping would require a significant drop in price- which isn't the case.

there is an untapped market in resale homes. it is not what is on tv by any means- being flipping houses or house dr. If I had the time I would do something like this with small apartments- but another reason not to is having to sit in a notary's office for two days in order to complete a sale.
pip   
18 Dec 2011
Real Estate / Residential real estate values go down in Poland [455]

yes, i do agree with you- but it is more of a "it has always been like this so no need to change it" When I co operated with this home staging company in Poland- the owner received many calls and loads of people were interested. I think this comes from watching that "house dr." show on tv- so many Poles were interested. We received a few calls from people that had inherited their grandparents flat and needed to sell it fast.

Oferty.net is a great resource, much like mls. it has loads of pictures- even the links I provided above shows a resale home for 1.7 million. who would buy a house in that state for that amount of money unless it was in West Vancouver? Some of these houses have been on there for three years!

The market is too saturated with new construction homes to expect to pull 1.7 million for an older home and then have to reno the entire thing.
pip   
17 Dec 2011
Real Estate / Residential real estate values go down in Poland [455]

no I absolutely get it. I do get it. I can totally see a house for its potential- not its current state. But the majority of the population can't. and this is where a home stager comes in.

here is the thing. I am not going to sway people. I don't need to. I know otherwise and people will always think what they want and that is fine by me but I know it works. I am not trying to sell anybody on it. they need it or they don't. whatever.
pip   
17 Dec 2011
Real Estate / Residential real estate values go down in Poland [455]

[imgs=][/imgs]of course- when there is a tv program made from it- some think this is the standard. in my opinion, in poland flipping houses is a good option to make some money. I am not talking about what you see on t.v. The average house flipper is more concerned with budget and making profit not designing a house for a tv show.

there are many old low rise apartment blocks in Warsaw that are pre war and the owners haven't renovated in 30+ years. clearly things have changed since then and in a buyers market- sellers need to get a leg up any way they can. I am not talking about putting a 75,000 pln kitchen into an apartment but there is nothing wrong with an Ikea kitchen or refinishing the old hardwood flooring and changing the lights- and of course paint.

just because it is on tv- doesn't make it real. most times these shows are dramatized for added effect. the entire concept of staging a home is to do it with the least amount of money possible. a seller doesn't have or want to throw cash around but the cost of a can of paint is pretty minimal and can make a huge difference- same with a good cleaning and decluttering.

fstop- ever view a house that stank of cat ****? I have. Ever view a house with dog sh*t all over the back garden? I have. This is the smell I mean and it makes a big difference because not everyone is a pet lover. The number one thing that all home stagers will say is the most important is to clean the house from top to bottom- nobody wants to see somebody else's dirt.
pip   
17 Dec 2011
Real Estate / Residential real estate values go down in Poland [455]

ok so 8 seconds may sound ridiculous as a number but put it this way. the moment a potential buyer enters a home and shuts the door- the first glance is the deciding factor. so from the moment the door is shut and the potential buyers see the cloak room, hall, whatever- that is the 8 seconds.

if a hall is messy, if it is painted in garish colours or it smells- a potential buyer will know at that moment that they will not purchase the house. and this is why in Poland, the resale housing market lags far behind the western world- people who are selling are trying to dump the house and don't see it as somebody else's potential home so they think that the buyer will clean it up the way they want to. Giving a home a good clean and fresh paint is the minimum that should be done- and it is not done by a long shot.

and another major factor is that agents in Poland don't ask for exclusivity in a listing. which means it is a free for all when selling. In Canada, agents have exclusivity but they work for the money. they know the inside out of the house and will be able to answer any questions. they arrange open houses and try to sell the house. --that is not done here. we had an agent call my husband while he was showing to a client to ask the details of the home. we prepared a flyer for people that came to view the house with all info and pics- not one of our 7 agents did that. we had an agent show our house to her client who wanted to move in with her elderly father who is bound to a wheelchair- our house had 10 steps getting to the front door, a basement and an upstairs- no bathroom on the main level. the agent wasted our time but more importantly her clients time.--she should have filtered that house in her search.
pip   
17 Dec 2011
Real Estate / Residential real estate values go down in Poland [455]

no- not in real estate. i have a shop. i just went through the process of selling and buying a house in Poland. I am also an interior designer. of course, none of these make me an expert- but I have never claimed that I was. just my experience with realtors. i also used to teach a home staging course in poland.

there is a massive difference when selling a house in Poland. the residential agents here are the stupidest, most unprofessional idiots I have ever come across. I can only compare to my experience of selling a home in canada to this. however, working with a home staging company has actually opened my eyes to how little residential agents do in this country and expect commission for it.

commercial is standard around the world- same everywhere. residential here is a joke.

lol you must be involved in the real estatate business....get back to homes around the
35 m ... those other homes are reserved for the foolish...

I am just trying to make a point. That is the current average for a house in Warsaw.

I actually do have photos of a before and after that I did for someones 30 m2 flat but they are on a website in flash and i can't copy and paste them.

You do know there is no way to objectively arrive at that statement, don't you? Ah yes, the real estate market, where opinions become facts at the whim of realtors.

this is a stat from a book about home staging- didn't make it up.

ultimately, people will always believe what they want- I won't change anybody's minds but that is ok. I have experienced how home staging does work. I sold a house in Canada, I sold a house in Poland (in three months) and the flat I did for a client was sold in 3 days- this is not a joke nor a lie. I do have a link but I would rather maintain my privacy.
pip   
17 Dec 2011
Real Estate / Residential real estate values go down in Poland [455]

true but someone isn't going to be "fooled" into inquiring about 35m2 flats, are they?

exactly. When searching for a resale flat- the initial search is done on the internet, then the agent is contacted. So a buyer is basing their decision on the pictures that are on a residential website- that and the price. so if a search for 35m2 flats come up all in the same price range will the average buyer want to look at one that is a dirty cluttered mess or will they want the clean one that shows how much available space there is?

fstop- it is not about the decor. It is about undoing the current owners decor so that the house appeals to the most amount of people. In a word it is neutralizing a space. Statistically buyers make a decision based on the first 8 seconds of entering a place. If your entryway is filthy, cluttered and has dark orange walls- the showing is over.

here is a sample- this link is a staged home

oferty.net/dom-na-sprzedaz-warszawa-wilanow,84632964 - 1million 7 for this home, obviously finished by a designer- but it is for sale and people will want to view it, it is clean, no mess, neutral.

This is a second home in the millions
oferty.net/dom-na-sprzedaz-warszawa-wilanow,84434605

which makes you wonder what the eff the realtor was thinking when they put these photos up- want to see more? for 1 million 5 many people would just skip by this one.
pip   
16 Dec 2011
Real Estate / Residential real estate values go down in Poland [455]

than you are the exception because most people want to be able to move into a place with the intent of unpacking and cleaning.

paint is a minor detail. you will have to pay for it whether the seller does it or you do it. it is more a matter of convenience.

and Wraclaw, you are also the exception- because you are in the business. i can also go into a space and see it for what it can be- that is what i do. but most people can't and that is what a stager is for.

usually the cost of hiring a stager is covered by a good real estate agent. in poland the agents don't have exclusivity so they don't do the extras for a client like they do in other countries. when we sold our house we had 7 agents. no lie. and they did nothing. we got more calls from the sign on our front lawn than any of the agents ever brought us.

we got lucky and had an agent who represented us and found us a buyer- so he double dipped on the commission- but our house sold in 3 months and our house had nice photos on oferty.net which showed a clean house.