“Viewing is canceled. Seller was given a bid directly to him and chose to accept before viewing. “
Have you met this modest dream house in the New Year, you are not alone.
Combined with low mortgage rates and relatively few objects for sale in January, it has received several residential sellers to note that buyers are becoming more aggressive. Several meetings “viewing canceled” because housing trade is already over after buyers have coup residence before serving.
An apartment of saws was recently sold before serving – 700,000 kroner over asking price.
pressure higher than usual
Real Estate and CEO at Sem & amp; Johnsen, Christoffer Askjer can tell that bids to sell before viewing is not unusual in pressure periods in January and August, but the pressure has been higher than usual now.
– Yes, I would say that there has been much of the New Year this year. Then it is especially for 1-2 bedroom apartments of 40-50 m2. There is always a little low housing supply in January, making the move in the housing market is high, and an increased tendency that more will coup bidding. It has unfortunately been several cases this year than previously, but it calms down when there are homes on the market, says Askjer.
– 5-10 percent Bargain
He assumes that 5 -10 percent of their housing turnover has been the coup before serving, calling it not a prominent problem. He has seen examples of sellers have accepted bids on everything from price quote to half a million over asking price. But they discourage sellers to do it.
– We note the temperature in the housing market that are low mortgage rates. Buyers have turned to low interest rates and they believe it will be so long. Combined with the low level, it provides extra speed next year, says Askjer.
Fewer homes for sale
Figures from Finn.no shows that there are 15 percent fewer used dwellings advertised for sale in Oslo in January, compared with January last year, a decline from 3488 to 2932.
New Year started with good speed in the housing market, with a price increase of 2.9 percent against the previous month. And it is in Oslo and Bergen market is hottest. Here inflation was respectively 3.3 and 3.1 per cent in January.
They were at the entrance to February 8.5 percent higher than a year ago.
Several hundred thousand over valuation
There are several examples of homes that are coup before serving in the New Year:
- A 3/4 bedroom on saws were early February coup before viewing with a bid 700,000 kroner over fare selling struck on.
- A two-bedroom at Kampen was sold for just a week before serving, 210.000 million over asking price in February.
- A 4-bedroom on Oppsal was sold for 460.000 million above the asking price at 3.29 million crowns before viewing to be held this coming weekend.
- A 68 m2 large apartment in Welhavens gate went 400.000 million above the asking price of 3.6 million in January.
- A 43m2 large apartment in Kvadraturen were sold three days after advertising 150 000 million over the appraised .
– Tough game
Several brokers Aftenposten spoke to notice more than usual attempt at bid before serving .
– There has been a lot of it after the New Year, even with so few objects out there grueling match. It is often those who have experienced losing many betting rounds trying on this. When they feel that they need to be constantly active earlier and provide a bid as a so good that sells can not say no, says realtor Marius Semmerud Berg at PRIVATmegleren.
He had recently responsible for the sale of a 4 bedroom on Oppsal who appreciated record in the area after a bid 460.000 million over asking price – before viewing.
The buyers will have private viewing
boligselger Mirjam Vibe Kehlin was the practical imperative, more than the price when she struck the bid before displaying his two-bedroom at Kampen in Oslo.
– That same day the ad was posted, people began to call for private viewing. I had one back the day after. Several came a few days later at private viewing and they commanded over another, says Kehlin.
A button week before the first viewing was supposed to take place, she had sold the apartment, 210.000 million above the asking price.
– Broker advised against it, and thought I would have gotten more for viewing, but for me it was delicious to avoid through a display round, I was satisfied with the amount, says Kehlin.
– Disadvantage for both buyer and sells
The CEO of Norwegian Real Estate Agents (NEF), Carl O. Geving believes kupping of housing is a disadvantage for both buyer and seller.
– The risk of conflict in the aftermath is greater. It happens in a hurry, with a greater risk that ignores errors and missing or not properly secure that funding is in order.
He says kupping typically takes place in densely populated areas in Oslo when the market is now – with small deals compared to buying mass and low interest rates.
– Hausser up cases
Chief Technology Officer Compliance Thomas Bartholdsen Consumer Council believes brokers jetted up cases with kupping and thinks it is not widespread.
In a recent survey they have done among homebuyers in the period 2009-2014, corresponding to 15 per cent that they have experienced that the house they have been interested in has been the coup before viewing. Only 4 percent have experienced it several times.
– As the broker saves a lot of work in that housing coup, but shall have the full payment anyway, there is great room for imposing brokers report numbers dwellings coup, he said.
– Our advice is that housing sales certainly should not accept bids before viewing. Those kupper want it because they fear that bidding will give higher price. There is also a routing that a seller invites a lot of interested parties to prepare for a view that is canceled, says Bartholdsen.
He believes that once you have engaged and paid a real estate agent, you should take advantage of this.
– There is nothing to save for a seller who allow themselves coup, it is on the contrary a great danger that you miss bid is higher, he said.
Kupper for lost betting rounds
Odd Nymark, CEO of Real Estate 1 Oslo and Akershus think there are those who have lost someone betting rounds, which tries to coup homes.
– It’s probably like those who have lost someone bidding process that chooses to lie a few hundred thousand over asking price, he said.
– But the general advice is to implement view. Most people who try to buy before, will also be interested in viewing.
– We note that there are many who are trying, but we advise people to run an ordinary process. And most do, says Terje Halvorsen, CEO of DNB Property. It is particularly on smaller housing there is huge demand for.
– There are many who are in the market from 70 square meters and less in Oslo currently. When you’ve been and seen some apartments of between 50 and 100 in view, and see how the bidding goes, it is clear you are tempted to try to get home before the bidding starts.
Can not convey bid outside betting
The brokers are not allowed to treat bids that do not appear to noon the day after the last impression. Therefore, they did not do their job to advise the person who will sell if such bids come in.
Meanwhile believes several brokers Aftenposten has been in contact with, that one can often achieve an equally good price in a betting round.
– You get all the stakeholders involved and the likelihood that you achieve a better price is certainly present, says Halvorsen DNB.
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