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

NEH

brit1234 wrote: »

Just trying to say there are plenty of buyers out there with deposits. Seller just have to be realistic with prices due to the mortgage tightening. Many sellers are pricing themselves out of the market due dodgy valuations of estate agents trying to get business. No viewers or offers for weeks then drop the price. Things are only going to get worse in October with the public sector cuts. Out price the completion to get people through the door.

I do wish people who randomly come on here when they're bored would realise this is for support not to cast damnation on them...:D clue is in the title...

brit1234

NEH wrote: »

I do wish people who randomly come on here when they're bored would realise this is for support not to cast damnation on them...:D clue is in the title...

Not trying to cast damnation, far from it. People here are saying they can't sell and getting no viewers. That's from the sellers view, I am trying to advise from the buyers view to get us through your doors. Lots of us have the deposits, good paid job and mortgage offers. Sellers just have to be more realistic about prices to allow us to us our mortgage in principle deals. Prices have to match mortgage lending criteria of today or you will not sell.;)

monkeys_bunny

Anything can be sold if you just give it away. As sellers all we are saying is sometimes its not that simple (there are people on here basically giving away their homes and still not getting anywhere) but mainly we all have to live and carry on life, we cannot just give away our homes at rock bottom prices, they at least have to sell for what they are worth

Yes you get the odd few who over price, but you will find most people are realistic

tyllwyd

brit1234 wrote: »

... I am trying to advise from the buyers view to get us through your doors. Lots of us have the deposits, good paid job and mortgage offers. ...

Yes, but you are talking from the point of view of a first time buyer. Our house, for example, wouldn't sell to a first time buyer, and we have to think about what we could buy with the money from the sale of this house. OK, you could argue that the whole market needs to move downwards to get more first time buyers on board, until it does that for us individually there is a relatively narrow price band at which it makes sense to sell.

You can sit at home with your graphs and your internet research and your bank balance, and you can make your decisions based on a purely theoretical point of view, but on this thread we are people trying to cope in the real world.

NEH

brit1234 wrote: »

Not trying to cast damnation, far from it. People here are saying they can't sell and getting no viewers. That's from the sellers view, I am trying to advise from the buyers view to get us through your doors. Lots of us have the deposits, good paid job and mortgage offers. Sellers just have to be more realistic about prices to allow us to us our mortgage in principle deals. Prices have to match mortgage lending criteria of today or you will not sell.;)

Well when you're selling it's not as black and white as you make out and there are other issues. I know from friends that FTB can't get mortgages as they are difficult to come by no matter how good their job or how low the house or flat is. If your a FTB then count yourself extrememly lucky your bank is willing to l end to you. Many don't.

We have heard form the buyers point of views many times and many of us have received critcism from people such as yourself. Myself i have been advised to drop our flat by 30/40K on some threads which just isn't feasible on a flat such as ours.

There are grey ares and many people on this forum have to respect that.....


It's a support thread, when we want the buyers view we'll look in the other threads on the board or go into debate house prices but here it's for support and support only which is why the clue is in the title.

emilia15

NEH wrote: »

Blodwen: On market for 13 weeks, 3 viewers (and buyer who then pulled out) in first month. No viewers or contact from agent in last 2 months. Planning to change agent at 16 weeks.

NEH: On market 29 weeks, 3 viewers,1 ridiculous offer soundout, useless Solicitor who can't find the bed or the flat itself. Planning to rent it out from November.

Not sure if I'm doing this right, but here goes.....

Emilia15: On market for five weeks (feels like a lot longer), three booked viewers (although only one turned up!), price reduced by £8500 last week, EA who was dealing with us has mysteriously 'left the company', trying to deal with the chronic lack of buyers by adopting a zen-like stance and also by reading this thread

Trollfever

Take heart: Part #6

From Property-Bee:

History

dateevent04 September 2010

• Price changed: from '£275,000' to '£249,950'

28 July 2010

• Price changed: from '£299,950' to '£275,000'

23 July 2010

• Price changed: from '£330,000' to '£299,950'

12 May 2010

• Initial entry found.

NEH

emilia15 wrote: »

Not sure if I'm doing this right, but here goes.....

Emilia15: On market for five weeks (feels like a lot longer), three booked viewers (although only one turned up!), price reduced by £8500 last week, EA who was dealing with us has mysteriously 'left the company', trying to deal with the chronic lack of buyers by adopting a zen-like stance and also by reading this thread

How's the zen like stance working?! :rotfl:

emilia15

Surprisingly well..... But we are only five weeks in. Ask me in five months time, and I may be telling you a different story :rotfl:

badgeraudio

Hello again,
Ive not said much on here but I do keep reading to check how everyone is getting on.

We have now recieved and accepted an offer on our house! :-)

We were asking for £139,950.
First offer £132,000 we said £138,000
They said £135,000, we said £136,500. and they agreed.

So Im happy! Bought the house for £125,000 in 2006, spent £15K doing it up, so not to bad I dont think.

Now I just need to find somewhere I want to move to!
Im finding there are a few propperties out there, but not many that tick my boxes :-(