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Anyone got experience of selling at auction?

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Comments

  • Doozergirl
    Doozergirl Posts: 34,082 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    You seem to priced in with the other properties considering square footage but if you look at rightmove (I don't know the area at all) there is nothing SSTC between £350-500k at all in Alwoodley and so you have to consider that everything is now overpriced.

    Some of your pictures should be removed. The bedroom with the snooker table just looks random as does the picture of a bathroom taken whilst the EA seems to have been lying on the floor. Get a good picture taken of the house on a really sunny day - the blue sky it helps it stand out. Take the picture yourself and email it over as you will be able to catch the right moment to do it.

    Prices look similar to where I live. Nothing selling in that price bracket here either - there are only two houses apart from mine in the £400-500k bracket that have sold here in nearly a year. You have to be either spot on beautifully presented with photos that make people need to view or aggressively priced enough to stand out.

    Just fitting in with everything else isn't working - there aren't enough buyers. You have to take advantage of others' reluctance to drop their prices, accept that the market is not what it was and drop first. That's how you get the best price for your house. I've always slightly undercut the competition, it's the easiest way to sell and if you are savvy when you come to buy, you will make any perceived 'loss' back.
    Everything that is supposed to be in heaven is already here on earth.
  • chickmug
    chickmug Posts: 3,279 Forumite
    Doozergirl wrote: »
    Just fitting in with everything else isn't working - there aren't enough buyers. You have to take advantage of others' reluctance to drop their prices, accept that the market is not what it was and drop first. That's how you get the best price for your house. I've always slightly undercut the competition, it's the easiest way to sell and if you are savvy when you come to buy, you will make any perceived 'loss' back.

    Doozergirl - can I pay you a compliment with one of the best paragraphs of common sense I have read, on these forums, since I first started reading them.
    A retired senior partner, in own agency, with 40 years experience in property sales & new build. In latter part of career specialising in commercial - mostly business sales.
  • Doozergirl

    thanks very much for your considered comments and time spent
    you are a credit to the forum!

    we have much food for thought

    cheers
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