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  • FIRST POST
    • fudge7000
    • By fudge7000 1st May 16, 7:23 PM
    • 179Posts
    • 523Thanks
    fudge7000
    Waiting for a buyer... Anyone want to join me?
    • #1
    • 1st May 16, 7:23 PM
    Waiting for a buyer... Anyone want to join me? 1st May 16 at 7:23 PM
    Anyone else out there selling and going through trying to keep the house tidy 24/7 so it doesn't take hours to sort out when there's a viewing?!
    Along with trying to second guess what the people viewing will do/offer/not offer...?

    Only been for sale a week, I assume it just gets worse from here on in?

    Not really done this before so thought I'd see if anyone else is in the same boat!
    First win (October) - Apple Ipod off a radio competition
    November - new nokia mobile phone, £250 electrical voucher (both radio comptitions)
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Page 72
    • Mr da
    • By Mr da 20th Mar 17, 5:53 PM
    • 59 Posts
    • 116 Thanks
    Mr da
    Well I'm back on the list. The property I was going to buy wasn't what I thought it was ( to much work ) so I pulled out, and after the back and throwing with my buyer. Sold the same place to her 3 times in 6 weeks ��. Said I would have to put back completion until I found somewhere else. I did offer some incentives . She pulled out saying she wanted to buy somewhere by this Friday ��
    • happytails
    • By happytails 20th Mar 17, 7:02 PM
    • 1,506 Posts
    • 9,215 Thanks
    happytails
    Our house has been on the market for 2 weeks and not a sniff yet! Frustrating as we felt it was on at a fair price.
    Sarah,

    Trying to move up the house ladder in 2017, running a business with 3 kids in tow & slowly going crazy!
    Member No43 - % Challenge
    • joshardy
    • By joshardy 21st Mar 17, 11:07 AM
    • 47 Posts
    • 42 Thanks
    joshardy
    Our house has been on the market for 2 weeks and not a sniff yet! Frustrating as we felt it was on at a fair price.
    Originally posted by happytails
    I've just started seriously looking at buying and all I see are overpriced houses! I'm not saying yours is, but I'm just interested in the psychology of the buyer v the seller. Both want to get the best deal they can for obvious reasons. Good luck with the sale though!
    • daisyboyd24
    • By daisyboyd24 21st Mar 17, 11:11 AM
    • 74 Posts
    • 213 Thanks
    daisyboyd24
    We had 4 viewings over the weekend. Feels like we are going down the same route as with our previous agent 'just show anyone around hoping someone will buy'
    1st people were doubtful but haven't said no
    2nd people not returning the agents call
    3rd people want new build - why they came to view my house which is 13 years old I don't know!
    4th people have 2 teenage boys so need parking for 4 cars, we have parking for 2 as stated on the advert!

    Thinking about going multiple agents - any views on doing this?
    • Jox
    • By Jox 21st Mar 17, 11:15 AM
    • 1,251 Posts
    • 2,704 Thanks
    Jox
    I've just started seriously looking at buying and all I see are overpriced houses! I'm not saying yours is, but I'm just interested in the psychology of the buyer v the seller. Both want to get the best deal they can for obvious reasons. Good luck with the sale though!
    Originally posted by joshardy
    Hi joshardy, if the houses are overpriced and you are interested in one but it is out of your budget then you can make an offer and see how low the seller is prepared to go.

    Perhaps the seller won't be able to make an onward purchase if they sell their property too cheaply.

    It just depends on their reason for wanting to sell. If a seller can't achieve the price they want for their property then they may need to stay put and expand with a loft conversion or extension which may be an option.
    • joshardy
    • By joshardy 21st Mar 17, 11:21 AM
    • 47 Posts
    • 42 Thanks
    joshardy
    Hi joshardy, if the houses are overpriced and you are interested in one but it is out of your budget then you can make an offer and see how low the seller is prepared to go.

    Perhaps the seller won't be able to make an onward purchase if they sell their property too cheaply.

    It just depends on their reason for wanting to sell. If a seller can't achieve the price they want for their property then they may need to stay put and expand with a loft conversion or extension which may be an option.
    Originally posted by Jox
    Hi Jox - absolutely agree and it wasn't meant as a slight on sellers. All of the houses are within my budget, I'd just rather not pay for something that I think is overpriced; but that is the market I guess so will place on offer if we like what we find - all they can do is say no
    • Jox
    • By Jox 21st Mar 17, 11:30 AM
    • 1,251 Posts
    • 2,704 Thanks
    Jox
    When I bought my flat 12 years ago it was at the height of the market, I felt I was paying over the odds and scared of the long term commitment.

    Over the 12 years my mortgage came down from £650 to £450 per month due to the falling interest rates (I over paid as well) and with the average rent in my area for a one bed flat about £1000 per month I'm really happy I was able to have my own flat paying a great monthly rate.

    I hope you find a lovely property at a price you want to pay
    • LoopyLoops
    • By LoopyLoops 21st Mar 17, 12:26 PM
    • 95 Posts
    • 153 Thanks
    LoopyLoops
    Good luck Cinders!

    We have had 4 viewings over Friday / Saturday and another one this afternoon and one booked for Saturday. We are considering another drop as we are moving areas and just want to get on with it. One viewer is considering putting in an offer, so we are wondering how long we wait for that. I will call the EA later this afternoon for a chat about it.

    Hoping everyone gets good news soon!
    • Filo25
    • By Filo25 21st Mar 17, 2:00 PM
    • 1,155 Posts
    • 1,775 Thanks
    Filo25
    I'm selling a house in NE London and it's gone so quiet! I have had loads of reduced properties on the rightmove alerts I've had through. Typical LOL.


    When people say lack of storage, I'd say they mean more things like where to put the ironing board, iron, hoover, etc. Do you have a cupboard? I hate seeing clothes on rails anyway, and in a one bedroom flat, you really do have to make it as appealing as possible as they're usually harder to shift. Yes, I would get a wardrobe, but not one of those ones with the material in front. What about something like this that's not horrendously pricey and doesn't look cheap http://www.worldstores.co.uk/p/Santiago_2_Door_Wardrobe.htm or http://www.worldstores.co.uk/p/Panama_2_Door_Wardrobe.htm


    Jx
    Originally posted by hazyjo
    You're just down the road from me in Chingford, if I remember rightly, Jo!

    Was chatting to one of the local EAs down in Highams Park recently and they were saying they are getting about a third to a quarter of the viewings now that they were before the Brexit vote, just general nervousness.

    Houses are still moving (still a lack of supply out there) but now often the first offer is below asking price while a year ago it would often have been over.

    Good luck with the sale
    • Crashy Time
    • By Crashy Time 21st Mar 17, 2:07 PM
    • 5,230 Posts
    • 2,209 Thanks
    Crashy Time
    We had 4 viewings over the weekend. Feels like we are going down the same route as with our previous agent 'just show anyone around hoping someone will buy'
    1st people were doubtful but haven't said no
    2nd people not returning the agents call
    3rd people want new build - why they came to view my house which is 13 years old I don't know!
    4th people have 2 teenage boys so need parking for 4 cars, we have parking for 2 as stated on the advert!

    Thinking about going multiple agents - any views on doing this?
    Originally posted by daisyboyd24

    People will make sacrifices on things like parking, or decide that a "must have" re. space or bedrooms etc. is negotiable if the price is low enough IMO.
    • daisyboyd24
    • By daisyboyd24 21st Mar 17, 2:12 PM
    • 74 Posts
    • 213 Thanks
    daisyboyd24
    People will make sacrifices on things like parking, or decide that a "must have" re. space or bedrooms etc. is negotiable if the price is low enough IMO.
    Originally posted by Crashy Time
    We were quite hopeful with these people as she currently rents a room for a beauty therapy business and our house has an extension with a decent size room she could use and save £350 a month on rent!

    We can't drop our price lower, and as it is, we are the lowest within a 3 mile area (which is a lot of houses!) for a 4 bed detached.
    • Cinders:
    • By Cinders: 21st Mar 17, 2:51 PM
    • 148 Posts
    • 803 Thanks
    Cinders:
    Thanks Loopy. Hopefully your viewer will put in an offer soon, before you reduce your house price.
    SPC # 115
    • Crashy Time
    • By Crashy Time 21st Mar 17, 3:12 PM
    • 5,230 Posts
    • 2,209 Thanks
    Crashy Time
    We were quite hopeful with these people as she currently rents a room for a beauty therapy business and our house has an extension with a decent size room she could use and save £350 a month on rent!

    We can't drop our price lower, and as it is, we are the lowest within a 3 mile area (which is a lot of houses!) for a 4 bed detached.
    Originally posted by daisyboyd24

    Don`t know how long you have been trying to sell, but maybe in that case you just need to hang on until a buyer turns up? The economic/political mood music however is no longer in tune with high house prices, so that has to be kept in mind also IMO. If you are priced just lower than delusional sellers that doesn`t really mean much at all as the low interest rate window should have encouraged people to pay off more mortgage debt and market their houses at more sensible prices, and many buyers know this?
    • smallholdingsister
    • By smallholdingsister 21st Mar 17, 8:17 PM
    • 3,545 Posts
    • 27,517 Thanks
    smallholdingsister
    Nothing much doing here and not really anything we want to buy either.
    • ProDave
    • By ProDave 21st Mar 17, 8:27 PM
    • 416 Posts
    • 490 Thanks
    ProDave
    Feed back from Saturdays viewing.

    They looked at about 20 houses in total. They have narrowed it down to two. The wife wants ours, the husband wants another one. I guess they are "discussing" the matter between them.

    I have asked the agent to try and persuade them to come for a second viewing.

    All I can do is wait, powerless to sway the decision either way.
    • Crashy Time
    • By Crashy Time 22nd Mar 17, 1:38 PM
    • 5,230 Posts
    • 2,209 Thanks
    Crashy Time
    If you are trying to make money on the sale it will all depend on when you bought and how long you can hang on, and how interest rates and the economy pan out, but if you actually NEED to move for some compelling reason then dropping the price until buyers become interested really is the only course of action?
    • smallholdingsister
    • By smallholdingsister 22nd Mar 17, 5:57 PM
    • 3,545 Posts
    • 27,517 Thanks
    smallholdingsister
    ProDave traditionally the wife wins. Fingers crossed.
    • Cinders:
    • By Cinders: 22nd Mar 17, 8:59 PM
    • 148 Posts
    • 803 Thanks
    Cinders:
    Dave, that's fantastic news. I agree with Smallholdingsister, I bet the wife wins. Fingers firmly crossed for you

    Well, I've heard nothing from the EA today. I was expecting some feedback from the viewing yesterday at mum's house, or the 2nd viewing this morning. I'm thoroughly bored with this whole selling process already, and it's only been 3 weeks - or does it count as 6 weeks as I'm selling 2 at the same time?
    SPC # 115
    • chrissie83
    • By chrissie83 23rd Mar 17, 12:04 PM
    • 70 Posts
    • 80 Thanks
    chrissie83
    Prodave- I hope they put an offer in. It tends to be the woman that wins
    • hazyjo
    • By hazyjo 23rd Mar 17, 12:18 PM
    • 9,802 Posts
    • 12,425 Thanks
    hazyjo
    You're just down the road from me in Chingford, if I remember rightly, Jo!

    Was chatting to one of the local EAs down in Highams Park recently and they were saying they are getting about a third to a quarter of the viewings now that they were before the Brexit vote, just general nervousness.

    Houses are still moving (still a lack of supply out there) but now often the first offer is below asking price while a year ago it would often have been over.

    Good luck with the sale
    Originally posted by Filo25
    *waves* Yep Chingford.


    It's been a nightmare. Literally the minute we put the house up, the market went totally flat. It's like tumbleweed. I've had alerts set in E4 and several other areas for years and I'm seeing so many 'REDUCED' alerts. It's been manic for years, but now zilch! Nada!


    We had two no-shows! So back to the drawing board.


    We may take it off and wait a while - although I'm more tempted to wait until after Article 50 has been triggered - not that it will make any difference for prob a couple of years - but people do panic when there is any sort of deadline looming, and of course spring is usually busier!


    At least we're quite nonchalant about it all. If we move, great. If not, it's not meant to be (yet!). We will get to Leigh-on-Sea eventually! Nothing up anyway that we want - one is coming back on in April, but whether she'll put it on for more than it was before is still up in the air.


    We are priced £5-10k over, but, like you say, people are looking for reductions now. I refused to do 'offers over' with the EA as it gives us no leeway if it doesn't sell. Can't put it back on at a higher price and won't sell at the bottom figure, so I think we're doing the right thing.


    Que sera sera...


    Jx
    PS dug out the thread http://forums.moneysavingexpert.com/showthread.php?t=5395214 as useless with names - OMG yes I remember it well. Let me know what happened in the end! Did you buy in HP?
    Last edited by hazyjo; 23-03-2017 at 12:28 PM. Reason: PS
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