Unrealistic sellers

katiegizmo

Because all houses have lost 20%+ of their value, except this one. Besides, it's easy to reduce an inflated price when a sensible offer is made; not that it will be, since a sensible offer is now probably 25% below the asking price.



It could also be because 'her indoors' wants a change of scenery, while 'he' has only just got his workshop the way he likes it.;)[/quote]

yes i thought that, but the raise has put it above a price bracket on rightmove etc and lots of others in the area have been lowering prices so it seems a bit of a gamble. interesting to watch though

ha ha, i like that 2nd theory! :rotfl:

QTPie

Davesnave wrote: »

It could also be because 'her indoors' wants a change of scenery, while 'he' has only just got his workshop the way he likes it.;)

Love that!

Here, my husband takes pride in telling everyone "she sorts it (selling and buying) all out... when it is all over, she will just give me the address and the new keys!" (or will I... ).

It isn't QUITE like that (I do drag him around the occassional house), but I am the driving force, do all of the leg work, then wrap him around my little finger...

If someone has been on the market that long and recently raised their asking price, they are either dillusional (honestly, some people take the recently reported 1.3% price rise like a message from God... :rolleyes: ) or they just aren't motivated to sell. You will see a few posts on here where people are basically putting their house on the market to "see what happens": they don't have a plan or a firm direction and, as such, probably aren't too bothered if it doesn't sell.

Interest is picking up at the moment. Sellers will probably take that either one of two ways:
- they will stick at their current price and have more confidence of selling it at that (because of more interest) even if they haven't had much interest in the past 6 months, or
- they will make sure they take real advantage of the interest now (which may significanlty reduce or die out and not return for SOME TIME) and drop their prices to make sure that they are competitive and hook one of those serious buyers now...

Hopefully we are in for a few months of good interest and movement, but I think that the telling time will be as we go into September/October: what are house prices like then, does interest die off, what position is the UK economy in...

If people want to sell in the next year or two, right now seems like a very good time to be on the market and reasonably priced.

QT

Shimmyhill

confused31 wrote: »

or get another id, wicked kitten and unspec are the same people.

if you need 2 id's i rest my case.

They are not the same person !!

I have met them in real life and kit and bob(unspec) are good friends of mine !

Catblue

Davesnave wrote: »

Because all houses have lost 20%+ of their value, except this one. Besides, it's easy to reduce an inflated price when a sensible offer is made; not that it will be, since a sensible offer is now probably 25% below the asking price.

It could also be because 'her indoors' wants a change of scenery, while 'he' has only just got his workshop the way he likes it.;)

I think there are also some people who feel that they "ought" to move - house too big/too small for them and they put the house on the market.

They are absolutely terrified of making the change, however, so when they get an offer in it is easier to say no than to say yes and then deal with the subsequent upheaval. Fear of change can be paralysing for some people.

QTPie

Catblue wrote: »

I think there are also some people who feel that they "ought" to move - house too big/too small for them and they put the house on the market.

They are absolutely terrified of making the change, however, so when they get an offer in it is easier to say no than to say yes and then deal with the subsequent upheaval. Fear of change can be paralysing for some people.

Hhhmm, quite possibly true.

I really honestly think that ALL sellers AND buyers should do all their research AND know their own minds before going into it. Any seller who is not serious or motivated should not be on the market. Any buyer who is not genuine and/or not in a good position to buy should not make an offer (and shouldn't really be viewing either).

Sellers who are not serious about selling and buyers who are not genuine are just a waste of everyones time, effort and sometimes money too...

QT

Davesnave

QTPie wrote: »

I really honestly think that ALL sellers AND buyers should do all their research AND know their own minds before going into it.

Sellers who are not serious about selling and buyers who are not genuine are just a waste of everyones time, effort and sometimes money too...

QT

Well said! Waste of time = waste of money, energy and optimism in this financial climate.

I can't 'get' these drippy sellers at all. We loved our old house, and the neighbours too, but you know when it's time to move on.

QTPie

Davesnave wrote: »

but you know when it's time to move on.

Definitely!

Lots of research and commitment are the key.

QT