To those selling in these difficult times

Daggit

sorry to hear you didnt get your phonecall paws, you must be feeling really down today. Fingers crossed for you

lisa-loves-cats

pawpurrs wrote: »

The phone didnt ring yesterday, and I think my keen people have offered elsewhere.
Gutted.

hang in there pawpurrs, we've all gotta get there in the end....

the offer of £171k we had, we rejected and said we would accept £175k, no lower, considering we were originally on for £220k then £200k and now £189k, I don't think it is unreasonable at all.

me and the OH came to this decision together and feel it is right, besides, the woman was so horrible, and the things she was saying to our agents were just damn right rude!

OH said if she offers £175k now if may just turn her down anyway.... (joke)

lets see what the day brings for us all huh....

pawpurrs

My first buyer was pretty rude as well.
You got me intrigued what was she saying? No need for it.
No more viewings booked in for me at the moment. Still hoping that phone will ring with an offer, they seemed so keen

Davesnave

We had a stalker woman! She came out of the woodwork when our price was lowered second time; then we suddenly realised, it was the same person who'd pestered us when we thought about moving back in 2004.

I can't remember what she said back then, it was so long ago, but she got me on the 'phone & was so insistent that I had to be pretty forceful to get rid of her. So she didn't see the house. After all, we'd only talked with neighbours about moving; we weren't on the market.

This time we let the agent show her around while we went out, but she put in a really silly offer the day before the viewing. After, she upped it £10k. A month later she came up another £10k. It was all psychological warfare.

We were just pleased that she'd had a good tour of the property she was never going to get and that we hadn't had to hoover specially for her!

pawpurrs

Feedback from the viewers, they are still viewing properties, today, they have three that they like so far, mine being one of them. But they are viewing lots of different types of properties, which I find a little odd. As most people have a preference for older or not, how can you compare a Period property with a bungalow?
Well at least we are in the running, still at the moment.

poppysarah

pawpurrs wrote: »

how can you compare a Period property with a bungalow?.

Budget? Or one likes one and the other likes the other and they'll arm wrestle to decide?

gastroboy

poppysarah wrote: »

Budget? Or one likes one and the other likes the other and they'll arm wrestle to decide?

Most likely budget. They will probably have an idea of how much to spend rather than what type of place to get. And every day they wait, a bigger/nicer place falls close to their budget and they may want to take a punt at it.

best of luck guys (and gals)

rs82uk

moneysavingfamilycomp wrote: »

what i dont understand is why all the buyers are expecting all the sellers to cut prices and sell at bargain prices the figures in my area are showing an average sale price of 2% higher than last year and it seems that pawpurrs has found the same thing. so it seems like the majority of houses around here are selling for near enough asking price. i think all of the media hype has made buyers think they are on to a good thing and whereas last year they may of offered 5% or 10% under asking price they now think its ok to offer 20% or more under. the idea seems to be they buy now at a bargain basement price from people who are desperate to sell then they sell in 5 years time when prices are predicted to be back to early 2007 prices making a massive profit at our expense. i know thats how the market works but it seems so unfair on people who are having to sell because the rise in interest rates means they cant pay there mortgage:mad: . luckily we arent in this situation and can afford to wait for a sensible offer. but i really feel for any of you out there who are in this situation.
ok rant over can you tell this is stressing me out

Im not wanting to make a huge profit im just wanting to buy a decent house for my family, unfortunately I will have to wait for prices to drop more or for vendors to wake up and realise they will have to reduce to get a sale.

Davesnave

rsootarsing wrote: »

Im not wanting to make a huge profit im just wanting to buy a decent house for my family, unfortunately I will have to wait for prices to drop more or for vendors to wake up and realise they will have to reduce to get a sale.

There has been a stand-off this year in many areas, so it's mainly those who have to move who've done so, plus a few that capitalised on those 'distressed' sellers. In some of the rural places where I've been looking, there are houses that have been continuously marketed at the same price since 2006. Some have grudgingly knocked the odd £10k off here & there, but these people's stubborness will be their eventual undoing.

Basically, most putative sellers have simply hoped the current problems will 'blow over' rather than upset themselves with too much research in places like MSE. However, the economy is stuffed, and the kind of liquidity in money supply they've been used to simply won't reappear. Once the job losses really kick-in, all pretence will be over, so next year promises to be even more interesting than this one.

I used the word putative intentionally, because I think many 'sellers' out there are not fully committed and somewhat unsure about the difference between 'wants' and 'needs.' Many of them will just evaporate, choosing, wisely perhaps, to stay where they are. All the same, there will be a new tranche of people selling because they have no such confusion and nowhere left to run. It will all be very sad, because these days we almost expect protection from unpleasantness, but this global economic problem is too big for any government to offer complete protection. I really don't want to be living in my city a year from now!

In other words, there will be better reductions to come. The best thing most of us can do at the moment is consider carefully the security our jobs and income.

moneysavingfamilycomp

can i ask buyers out there what actually persuades you to buy. we simply cant reduce our price anymore at the moment its a bit complicated but basically this house is mine and OH and i intend to buy a 3 bedroom together with plans to start a family ( i already have a 15yr old son and this is only a 2 bed) OH is currently living at his parents but since we put house on market he has been made redundant and so the new mortgage will be based on my wage until he gets another job. because of this we are limited to the amount of mortgage we can get. we are kind of stuck in a catch 22 drop price and people will buy but we cant afford to buy. leave price we can afford to buy but wont be able to sell. we are having a new block paved double drive layed to the front and im intending doing some decorating although it doesnt really need it and having carpets cleaned we will have it re valued once work is done but what im wondering is is work like this still helping to get a sale or are people only interested in price and arent bothered if inside is tatty. if thats the case basically were stuffed.