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Post by bonfemme on Jul 27, 2015 16:44:54 GMT
Has anyone else noticed a distinct drop in sales in the last couple of days? My parts were flying out at the end of last week and on Saturday. Yesterday and today, I'm now trying to sell the really juicy parts that I didn't particularly want to sell simply to turn over some cash to reinvest. Failing miserably.
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SteveT
Member of DD Central
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Post by SteveT on Jul 27, 2015 16:51:39 GMT
Yes, much the same scenario here. Perhaps Autobid broke again, although I've had very few sales at a premium either.
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Post by bonfemme on Jul 27, 2015 17:00:23 GMT
Yes, much the same scenario here. Perhaps Autobid broke again, although I've had very few sales at a premium either. Yes, I've tried sales at par and at a premium. The parts at par would have gone in minutes normally. They're not even bad parts either - decent rates.
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Post by yorkshireman on Jul 27, 2015 17:23:30 GMT
I’ve just sold several parts of an A+ early finisher with a 3% mark up within 5 minutes of offering them.
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blender
Member of DD Central
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Post by blender on Jul 27, 2015 19:10:06 GMT
From the FC stats:
All time total lent £736M
Total trades £118M
So I would guess that the majority of loan parts are held to term (or early repayment or default).
This forum's membership is of course in no way representative of the generality of FC lenders.
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kt
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Post by kt on Jul 27, 2015 19:16:24 GMT
Opps. Deleted the wrong post. My question was, does the average lender keep their loan parts to the duration of the loan and therefore how important is the secondary market for liquidity vs making a profit  Thank you Blender for the reply. KT |
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wysiati
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Post by wysiati on Jul 27, 2015 21:44:47 GMT
From the FC stats: All time total lent £736M Total trades £118M So I would guess that the majority of loan parts are held to term (or early repayment or default). This forum's membership is of course in no way representative of the generality of FC lenders. Secondary market trades value was consistently in the 20-25% range (of total originations) but appears to have dropped back since the launch of property loans in particular. If you have the right loan part/price proposition the buyers are still there.
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