On Fri, 3 Sep 2004 12:55:24 +0100, Richard Faulkner
wrote:

In message , Mike Mitchell
writes
On 2 Sep 2004 04:43:13 -0700, (MBQ) wrote:

The vendor is taking advantage of the system to maximise his sale
price.

Exactly so! Cheating, in other words.

MM


So almost everybody is a cheat??

Seems like it!

Given my experience of the housing business, almost every seller wants
to maximise their sale price, and almost every buyer wants to minimise
their purchase price, and both take advantage of the system to do so.

How does that happen that the seller under the English system is
taking advantage? Note that the title of this thread is "Scottish
property system" and that is the one you ought to be concerned about.
Although the English system is far from ideal, at least buers can see
what the prices are up front and can compete fairly. It's stability I
want to see, not gazumping/gazundering as a national pastime because
people think it's a clever thing to do in a dog-eat-dog world.

MM