What or who do I think London could live without? What about if we were to ask all the Estate Agents to leave the city immediately? What would happen? I suspect, in the current climate that houses would carry on virtually selling themselves. There is the simple problem of supply and demand. There are about half the amount of houses for sale as at the same time last year and about 20% more buyers.
It is clear then that Estate Agents don’t have to do a great deal at the moment to sell a house and consequently claim a ridiculously large commission. Why hasn’t the commission been reduced as the house prices increase tenfold? Why hasn’t there been a people’s revolution about this? It is simply not acceptable. They don’t even have to provide details anymore. Estate Agents are fuelling the unpleasant practice of sealed bids, making people compete against each other. All they have to do at the moment is make six phonecalls, allocate a two hour slot, wind everybody up and watch the offers roll in.
It seems that I have found myself in the unenviable position of needing to buy a house for my children during the fastest growth rate since 1979. Therefore, for the last six months I have developed an unhealthy obsession with my local estate agents, so I realise I might be being a little unreasonable and biased. I ought to be in a strong position, given that I have nothing to sell, but of course, since we sold the family house, prices have escalated massively and I am not sure whether to ride the storm and wait for the possible crash or panic buy before I can no longer afford to live in the area. There may not be a crash – the super-rich foreign buyers are cashing in on a tax loophole, city bonuses are fuelling the rise and the Olympic Games loom. I don’t really mind renting, but my children need a home.
If I was a bitter person, I might blame my husband for putting me in this position. He insisted that we sell our house, even though I had made it clear that I wanted to wait 3 more months until our daughter had got into a school before I decided where to buy. He refused. Had we done this, our house would have sold for significantly more and I would have still been able to afford something reasonable. Now things have changed. He is living in a four bedroom house in the same area and I am renting.
My Top 10 list of reasons as to why I could live without Estate Agents:-
1. My ex-husband is shagging one (I told you it was personal).
2. If they are trying to sell me a house, they lie:-
“Oh, that green box in the garden? I have no idea what it is, but I’m sure it’s fine”.
“Oh, that green box in the garden is an electrical sub-station? Good grief, I had no idea. But, I’m sure it’s fine, I haven’t ever heard of one being a problem before. In fact, I nearly bought a house with one in the garden”
“It gives off EMF’s? Gosh, that’s news to me. The surveyor told you not to buy it and said “unknown medical controversy? That is very interesting and thank you so much for letting us know. Yes, do drop some information round.
3. If they are not selling me a house, they tell the truth:-
“You’re planning to buy a house with an Electrical Sub-station in the garden? Well, obviously it’s not my place to say, but are you mad? Anyone who says that they don’t know what they are is lieing. We all know the risks and prices are significantly reduced accordingly. I would advise you not to touch it with a bargepole”.
4. They make me feel as if my entire future happiness is in their hands. Most houses are not even making it onto the market. They decide who to call first, offering a one off viewing. How do I make it to the top of that list, whilst still maintaining my principles?
5. They make me forget who is in control. Because vendors have become greedy, I have become just another desperate buyer. I had an offer on a house for 2 months. They then came back to me and said that unless I was prepared to pay another £125K they would re-market it. Here are the two most recent texts I received this week from an agent, regarding a house I was thinking about. I had made an asking price offer on the Tuesday, heard nothing all day on Wednesday and on Thursday morning was receiving frantic texts asking me to increase my offer immediately by 10K:-
“Need you to take a flyer here. I have to resolve this today or I’m afraid this is going to go west. You know and i know that this is a good house and as I said to you this afternoon this is not fantasy land prices also you know that with my relationship with you i would not push you to do this unless i was convinced it was the right thing to do”
”I understand and am not pressing you from an agency point of view, that in my opinion would be insufferable i am pressing you because i know it is the right thing for you to do”
Even my father doesn’t speak to me like that anymore.
6. Clearly I am not playing the game. They make me feel vulnerable. I am buying a house on my own with my three children. Having to move out of the family house and into a rented property has been extremely traumatic. It seems to me that if anybody out there is looking for a stream of battered and needy people to have sex with, it is the perfect job. Like bees to a honeypot (more like rats to a sewer) we crawl in with our broken dreams and shattered lives and get men (mostly) on white chargers (aka mini coopers) to show us around our new reality and our new beginning. Our very much smaller, on-the-railway or in-need-of-substantial-re-decoration reality. I have been asked out for a drink several times. I have been invited to a Country House hotel for the weekend. I have been told that I will definitely be in a better position to find out about new properties if I go along this route. My husband succumbed. He is now actually in a relationship with an Estate Agent. What a bloody cliche. Where else though, if you think about it, would you meet such a constant stream of newly separated individuals? Maybe if you were a divorce lawyer or a counseller, but that takes a bit of time. You need to have some brain cells and a qualification. Talk about a good place to pull. However, I will not stoop this low. I’d rather live in a cardboard box.
7. The market needs urgently updating. The Home Improvement Packs (HIP’s) the government are supposed to be introducing, but keep delaying won’t make any difference. More structures need to be put in place. How many jobs can you do these days that don’t require qualifications or a licence? Even with the warm breath of government regulations being felt on the back of their perfectly groomed necks, it really is a cushy number.
8. Since January I have become a well-known, probably dreaded fixture in their office, but they pretend to be my friend. “Wow, you look fantastic, I love your new haircut – do you feel like a new woman?” “No” I say, “I feel like I’ve just had a new haircut” .
9. They are ever present in my life, millions of them at the moment. I can’t seem to get away from them. The same one’s that are trying to sell me a house have also persuaded my landlord that now is the time to sell. This is not good. They are in my house all the time showing it to people. Obviously I don’t want it to sell. I will be evicted. But they’re trying hard nevertheless and make comments like, “well obviously we wouldn’t dream of showing anyone the boiler cupboard in your bedroom, that would put people off”.
10. One of them rang the other day and my six year old answered “sorry, mummy can’t come to the phone, she’s doing a poo”.
How to deprive a person of their dignity in 10 easy steps.