To those selling in these difficult times Part Deux. AKA sellers support network!

azkaban420

vet8 wrote: »

That's the main problem. They are already offering way under the asking price, but we are very keen to sell, in fact desperate and the only other offerer was not in a position to buy. We have made them up their offer twice and have stated that we will not go any lower, regardless of what they find wrong we will not accept a lower offer. My hope is that having paid out all this for the survey, a builder's inspection etc. they will carry on, otherwise they have wasted a load of money for nothing.

Interesting bit about having to drill holes in the wall. I way well object to that. Also we have cavity wall insulation, won't that stop the camera doing its job.

If you've already made it clear about the price to them to them then it should be fine. It looks like there weren't any major/really expensive issues highlighted in the survey, so hopefully the buyers will be ok to foot the bill. Otherwise, as you said, if you won't reduce the price further and they have to walk away, they'll have spent the money for nothing. It's weighing up the pros and cons (both for them and yourself) about whether it's worth walking away from.

Good luck

Az

azkaban420

Fingers_Crossed wrote: »

Week 41 for those following my sorry Woolwich saga Thurs 20/5 was exactly 4 weeks from when we completed the mortgage application and from that point my husband went on a complaining mission speaking to "managers" etc anyway we ended up with loads of apologies for what they called "a comedy of errors!" by this week the whole affordability thing got sorted as they transfered our application to one of the few english underwriters they have (NB The Woolwich mortgage processing centre is 'overseas', I wish I knew that at the beginning!) and they did the survey on the property were purchasing yesterday, so I'm hoping we might start talking dates in the next couple of weeks, as the solicitor as had 5 weeks to do whatever they do so far

Hi Fingers Crossed, hope everything works out ok for you...this is the worry, it's not just selling, it's getting to the completion date that freaks me out, and that's before even starting the hassle of buying!!

Az

azkaban420

GoToGal wrote: »

Congrats GrandmaTumble!

Morning all, been busy with job hunting and suchlike. House is going on the market on Tuesday - finally! It's been a long, hard, expensive, life lesson of a 6 months. Can't wait for viewings to start.

Congrats and good luck for a smooth selling experience from thereon!!

Az

azkaban420

heygringo wrote: »

Hi Az,

Instead of, 'Offers in Excess of' why not instruct your EA (you are the boss) to use the wording thus, "Offers in the region of" With regard to you thinking that the figure then means that that is the maximum you can expect to get, if it's ITRO, you could possibly get more than one interested party, who then are vieing?? for your property. Just a thought.

Our new EA has literally just left after a 2nd visit to read through the brochure entry & pics we have selected. We'll see.

BeeJay

BeeJay, just to let you know, I had a chat with my EAs about the OIEO thing and they said it doesn't really make a huge amount of different how it's worded, and that people just look at the figure.

Will keep an eye on it, if nothing changes I'll consider amending it to OIRO.

Thanks for the idea

Az

RacyRed

Az, I'd seriously recommend that you make your agent change the wording, it DOES make a huge difference to potential buyers.

I didn't view any with that wording even when they looked perfect. The wording just really put me off and made me think I would be dealing with a problematic seller. A misconception probably, but when there are lots of properties available perceptions really matter.

"Offers in the region of" is much more inviting.

[Deleted User]

azkaban420 wrote: »

BeeJay, just to let you know, I had a chat with my EAs about the OIEO thing and they said it doesn't really make a huge amount of different how it's worded, and that people just look at the figure.

Will keep an eye on it, if nothing changes I'll consider amending it to OIRO.

Thanks for the idea

Az

I disagree AZ. We didn`t even look at houses with OIEO. It was very offputting

NEH

azkaban420 wrote: »

BeeJay, just to let you know, I had a chat with my EAs about the OIEO thing and they said it doesn't really make a huge amount of different how it's worded, and that people just look at the figure.

Will keep an eye on it, if nothing changes I'll consider amending it to OIRO.

Thanks for the idea

Az

You see you suggest an idea and get no credit on this thread...:rotfl:it was mine too

Beginning to get a complex about this thread that I am invisible...no-one responds to my updates...:rotfl:

It does make a difference in Scotland Az.....A number of people who dont' have much room for negiotation aim for fixed prices only not offers over...

It's the same in England, my mum's neighbour changed to offers around ad it did sell....

jimmyk74

hi peeps,

Wondering if anyone can give a bit of advice. We have had our 2 bed flat (ex-authority) in Aberdeen up for sale for nearly six weeks now and only 2 viewings. EA are a total waste of space as my wife has had to chase them constantly for info ie feedback from the viewings, other ways of marketing the flat etc. It is also advertised on every free property website available but again a waste of time (lots of clicks but no actual viewings) RICS surveyor valued it at £90k so we put it on the market at offers over. Have recently dropped price to £85k fixed a week ago but it hasn't made any difference. Any tips???

vet8

I do not know if the system differs in Scotland, but certainly in England no-one expects to pay the asking price. (Which I think is a farce, if EAs priced the property at a realistic price and buyers offered that it would make house selling much easier). Anyway I would have thought that your offers over 90K would put people off and also fixed 85K.

Buyers like to offer under the asking price. If the surveyor valued it at 90K, why do you expect to get more? Is it a very desirable area?

NEH

jimmyk74 wrote: »

hi peeps,

Wondering if anyone can give a bit of advice. We have had our 2 bed flat (ex-authority) in Aberdeen up for sale for nearly six weeks now and only 2 viewings. EA are a total waste of space as my wife has had to chase them constantly for info ie feedback from the viewings, other ways of marketing the flat etc. It is also advertised on every free property website available but again a waste of time (lots of clicks but no actual viewings) RICS surveyor valued it at £90k so we put it on the market at offers over. Have recently dropped price to £85k fixed a week ago but it hasn't made any difference. Any tips???

Our flat for sale is in Aberdeen as well so maybe i can help...

If it was valued at 90K then it hsoulnd't have been put on the market ofr offers over end of...

Our flat was marketed at 90K and we put offers over 85K, you can't expect to get over what the home report says unless there is a bidding war or someone feels the need to go much higher in the closed bid system..

Secondly the market is very slow, our flat has been on since February and sicne then 3 others in the same road have joined us and we have all been on a while, even the all singing, all dancing flat hasn't sold and has been there weeks....

As for advetising it will be on ASPC and everyone checks that, it's just a case of waiting for the right buyer i'm afraid...:(