Nans bugalow been on market for 2 years..whats wrong with it?

margaretclare

moanymoany wrote: »

As said several times - the back garden is a shocker - and it is too expensive.

Interestingly a branch of my family are trying to sell a dead relative's bungalow. It too has been on the market for about a year. They were told it was too expensive and their response was - but we need the money.

I think this is a greedy price and like my family, you are being greedy. The bungalow is clearly not worth more than £150,000. You may not agree with me, but clearly the buying public do. If you do not bite the bullet, get the garden sorted and get that price down you will be posting next year - and then it will only be worth £120,000.

I agree with this. 'Their response was - but we need the money'. Well, they wouldn't have had this money, would they, if someone hadn't died. It should be regarded as a surprise, a windfall that you might not have had. And what if the dead relative hadn't left it to them in his/her will - what if he/she had left it for some other good cause, of which there are numerous? They wouldn't have had any possibility of 'the money', would they.

chickmug

LisbonLaura wrote: »

How about ebay?

We tried ebay some years ago and found lots of timewasting, muliple requests from the same people for lots of differing information taking staff time to sort out and felt at that point not really a good thing. May of changed but worth a try for us but not impressed!!!!

chickmug

Ian_Griffiths_Halifax wrote: »

There are 3 types of EA.

1. The one who will undervalue because he has a mate who will want to buy it and who will give him a back hander for getting him a cheap property, or a genuine member of the public who will buy and they get their commission quicker.

2. The one who will overprice knowing that you want as much as possible for the property and when it hasn't had any viewings for 3 months they start asking you if you wnat to reduce it until it gets down to a realistic asking price.

3. The good ones who price it sensibly from the start.

Good post and number 1 must be a regional thing as I have never heard of it after a lifetime in the business. A friend told me of some dodgy dealings in Luton years ago!

Number 2 to me would be like having a Millstone around my neck and feeling so awkward if the seller rang and asked why there was no movement!

Number 3 like I thought this is what all we EA's did until I started reading this forum.

Do Maplins sell lie detectors - come in useful in dealing with EA's? :j

sugarpants_2

hurrah..good news its SOLD!!!

But it sold at £165k. Haha I knew it was overpriced. My uncle backed down as od the council tax and elec bills they had to keep paying.

I shall have my inheritence before Xmas hopefully!

Thanks for all your posts I showed my dad too.

seven-day-weekend

Result! Congratulations!

Shows properties even now will sell if priced correctly.

barnaby-bear

sugarpants wrote: »

hurrah..good news its SOLD!!!

But it sold at £165k. Haha I knew it was overpriced. My uncle backed down as od the council tax and elec bills they had to keep paying.

I shall have my inheritence before Xmas hopefully!

Thanks for all your posts I showed my dad too.

thank you for returning and updating - appreciated :beer:

Scousebird_2

I actually checked the website and saw sold STC-and then I realised the post above. I have no life lol when I think about these things weeks after reading and re-visit the post out of curiosity.

Congrats on the sale!!

GDB2222

sugarpants wrote: »

hurrah..good news its SOLD!!!

Actually, 'sold subject to contract' is not quite the same as 'sold'. Good luck, and I hope that your money is in by Xmas as you hope.

Davesnave

GDB2222 wrote: »

Actually, 'sold subject to contract' is not quite the same as 'sold'. Good luck, and I hope that your money is in by Xmas as you hope.

Yes, I've been 'sold' three times now, (on a different property from the one I mentioned on this thread) so I can only add a second voice of caution. Nowadays, getting everyone in a chain to do what they say they will, is a bit like getting the cherries to line up on a fruit machine!

Good luck though, and thanks for troubling to update us.

zzzLazyDaisy

Well done! And thanks for coming back to update us!

Hope all goes well and you have your money soon.

Daisy