How do all the estate agents keep going

fosterscan


Joined: 27/02/2010
Posts: 541

Message Posted:
11/10/2011 20:17

All the advice on here is rent rent rent so if no one is buying how do the estate agents make ends meet,there are plenty about. Are the living on the boom time profits.

No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
11/10/2011 20:20

Living off their hard earned money.

Tango1


Joined: 19/02/2011
Posts: 1151

Message Posted:
11/10/2011 20:28

Don't forget, most of them charge the owner for finding a tenant and the tenant for finding them a property. (At least that used to be the case) Perhaps in these tough times, they have changed their policy?

Bradus


Joined: 25/02/2007
Posts: 2641

Message Posted:
11/10/2011 20:32

Many have moved into the rental/maintenance market. They have all been hit hard with the slump in sales.



Perhaps it would be a good idea to clean up their act and press for Government changes that would hopefully restore confidence in the construction industry and property purchase.

To ignore what is happening will cause long term damage.



http://www.news.cyprus-property-buyers.com/2011/10/04/cyprus-buyers-stage-protest-at-overseas-property-show/id=009033



Would love to have heard the pre exhibition advice given by the British Consul regarding property purchase in Cyprus.

TRNCvictim


Joined: 17/08/2010
Posts: 1417

Message Posted:
11/10/2011 21:34

Bradus Mess 4



Loved the "Drug Dealing Briton Jailed over Property Fraud" bit at the bottom! I think his Property Fraud days are numbered The Internet has some uses throughout the world wide web!



Thank you



XX

martinD41


Joined: 06/09/2010
Posts: 3001

Message Posted:
11/10/2011 21:59

I was told one had reverted to selling Logs, at least they were selling something legitimate and of some use..

yorgozlu



Joined: 16/06/2009
Posts: 4437

Message Posted:
11/10/2011 22:11

aint it amazing what cheap prices in particular makes some particulars do?................legitimate or not......

TRNCvictim


Joined: 17/08/2010
Posts: 1417

Message Posted:
11/10/2011 22:23

yorgozlu (mess 7)



From what I know now anything in the TRNC need not be sold cheap to be particularly illegimate .............. It could be as expensive as hell!

yorgozlu



Joined: 16/06/2009
Posts: 4437

Message Posted:
11/10/2011 22:27

msg 8



Well.....in a way I kind of agree with you...............in some particulars cases..................



the others......!?

Stonehousepub


Joined: 21/05/2009
Posts: 755

Message Posted:
11/10/2011 22:44

msg 1



Believe it or not local cypriots do buy properties aswell as mainland Turks, Russians and most recently the Iranians..



Sensibly priced good properties with deeds will always sell and with the rate of commission estate agents in the TRNC are demanding, all it takes is few good sales along with a dozen or so rentals to keep going.

philbailey


Joined: 17/01/2011
Posts: 3534

Message Posted:
11/10/2011 23:02

Msg 7 , again the truth

TRNCvictim


Joined: 17/08/2010
Posts: 1417

Message Posted:
11/10/2011 23:06

Stonehousepub (mess 10)



As long as the mainland Turks, Russians and most recently the Iranians.............



Understand................



NO DEEDS NO MONEY.................



AND WITH NO PTP THEY WILL GET NO DEEDS...........................? Sensibly priced or not!



As for Rentals............ The Estate Agents can grab all the rentals they want............. the owners can at least get some return?



And the local Cypriots have their pick.............



As for the Estate Agents.......... No big money.............. :-(



Lets hope the dozen or so rentals keep these Estate Agents going! whatever would the TRNC do without them? and their rates of commission..........

fosterscan


Joined: 27/02/2010
Posts: 541

Message Posted:
12/10/2011 16:13

TRNCvictim The no deeds no money = no property



The buyers will have there property live/use it for 2-3 years get there ptp happydays.

There are alot of english with deeds in hand whats the problem buying off them ?