The thing is the pictures and the window displays are really high quality.
Even is immaculately presented, even a bitter skeptic like me stops and has a look in the window.
The whole point of going to all of that effort to present a bloody 3 bed semi and then still try and flog it for a million+ just really confuses me. Put it at half the price and it might actually sell.
I can’t find the house I saw on Monday but is a good example of priced out of the market.
€1.15m for a 4 bed semi:
As predicted in footer below for past 2 years this day has been coming for Jeremy. This result seriously drives a stake through the plc status of a crew like Savills - this should be a partnership full stop. Shareholders get the crumbs off the table in the boom times while in the busts they pay for the bread on the table.
HOK ers are of course, i am guessing, thinking they will buy if back for less than £5m…my guess is that they buy it back in June / July this summer 3 years after the original deal for about 15% of the original price. By then savills will have put in the cash for 2 years to keep it afloat probably equivalent to the 15% they get back. Hence a 100% write off in 3 years.