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

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Comments

  • jw2003
    jw2003 Posts: 786 Forumite
    Can i join the list?

    JW - on the market 4 weeks, 3 viewers, 3 offers, 1 agreed but they pulled out, current offer on the table is too low, we are prepared to meet them half way but I'm not sure if they'll come up
    :silenced:
  • Updates:

    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.

    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

    rosered100 - been on the market since March. Had an offer from the first viewer at 91% of asking which we accepted. They dropped out 2 days before exchange. Dropped the asking price to the level of our first offer. Total of 16 viewers, 5 of them viewed twice. Then 2 offers came on the same day a fortnight ago at 10% below our new asking price. We have reluctantly agreed to one of them as long as they get on with it. Havent heard a word from them since.

    NyimaR - been on the market since June. 9 viewings (including 1 second viewing) all made very good noises, then nothing. Last viewing was a week ago. Dropped price once when viewings dropped off. Will do it again if I stop getting viewers. Got an open house in a couple of weeks. Living in London (where new job is) with mum during the week and Coventry (with the OH) at weekends

    Grimbal: On market Oct 2009. Found non proceedable buyers. Found place to buy

    Harz99: Going on market Feb 2011. Not yet seriously looking at places to buy.

    Azkaban420: On market Oct 2009, accepted offer in May, still waiting to exchange/complete...found house to buy in meantime

    Sonastin: On market Christmas 2009. Sale completed August 2010. Serious problems with the house I want to buy that are taking ages to resolve. Nothing else on the market that suits. Stuck living with my mother in the meantime

    tyllwyd: went on market on 5 May (Election day - great timing!!) Dropped price once, four viewings so far but none proceedable. Enthusiasm for the whole idea of moving gradually ebbing away.

    Snowlady07: On market since early Sept 2010. Realistically priced but no interest as yet

    Squish_21 - Been on market 15 weeks. Had 1 viewing & 1 very low offer during 12th week (buyer couldnt get the mortgage amount they thought). On 14th week we have started offering '5% deposit paid by vendor', as its a 1 bed flat instead of a price drop. A price drop will follow in January if no more interest. Its tough going for us sellers!


    Shabby_chic: Went on market March 2010, approx 10 viewings and a couple were interested but none proceedable. Cash buyer viewed week 14 and made offer £10k below asking, negotiated to £5k less and currently waiting to exchange though plan to complete on 24/09/10 (fingers crossed).

    Ocalllo - on market since Feb 10, 3 views only 2 turned up. Chgd agent beginning of June, 5/6 viewings more - 1 x low offer, which we refussed, they came looked at hse again and pulled out! dropped price twice, gone live with new price 1 hr ago!!!!!

    Maidmarian - On market from August 2008, dropped price 17%, 21 viewings, no offers. Asking price now below Zoopla and Land Registry indices. Took it off the market today.

    Newstudent24-I put my 2-bed ground floor flat up for sale in May 2010, originally for 98,500 (which I thought was a little high at the time but the EA said it was a good price). I have reduced the price twice since then and is now on the market at 92,950. I have had a total of 5 people look at it - one of which was an upstairs neighbour who I think just wanted a nosey around....and a landlady who offered me 20k less than the asking price so I could carry on living here as a tenant. Luckily I don't have 'mug' written on my forehead!

    Smiley79-have been on the market since Feb2009 yes thats Feb 2009, I have dropped the price several times to now way under what we bought it for 6 years ago. We have had 2 sold subject to STC which have both fallen through one a week before moving (6th Jan) and the second in April.

    tiny_tear-on the market since Dec09. Have lowered the price a few times. willing to take offers. So far had one offer (too stupid to even make a counter offer) and one person who viewed THREE times - the last this weekend - decided today not to make an offer and gave no explanation to why... Just lowered the price another £3k...

    Chyna-s- One market 1week, have had an offer already of 5% below the asking price.

    JW - on the market 4 weeks, 3 viewers, 3 offers, 1 agreed but they pulled out, current offer on the table is too low, we are prepared to meet them half way but I'm not sure if they'll come up
  • NyimaR
    NyimaR Posts: 110 Forumite
    azkaban420 wrote: »
    Updates:

    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.

    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

    rosered100 - been on the market since March. Had an offer from the first viewer at 91% of asking which we accepted. They dropped out 2 days before exchange. Dropped the asking price to the level of our first offer. Total of 16 viewers, 5 of them viewed twice. Then 2 offers came on the same day a fortnight ago at 10% below our new asking price. We have reluctantly agreed to one of them as long as they get on with it. Havent heard a word from them since.

    Grimbal: On market Oct 2009. Found non proceedable buyers. Found place to buy

    Harz99: Going on market Feb 2011. Not yet seriously looking at places to buy.

    Azkaban420: On market Oct 2009, accepted offer in May, still waiting to exchange/complete...found house to buy in meantime

    Sonastin: On market Christmas 2009. Sale completed August 2010. Serious problems with the house I want to buy that are taking ages to resolve. Nothing else on the market that suits. Stuck living with my mother in the meantime

    tyllwyd: went on market on 5 May (Election day - great timing!!) Dropped price once, four viewings so far but none proceedable. Enthusiasm for the whole idea of moving gradually ebbing away.

    Snowlady07: On market since early Sept 2010. Realistically priced but no interest as yet

    Squish_21 - Been on market 15 weeks. Had 1 viewing & 1 very low offer during 12th week (buyer couldnt get the mortgage amount they thought). On 14th week we have started offering '5% deposit paid by vendor', as its a 1 bed flat instead of a price drop. A price drop will follow in January if no more interest. Its tough going for us sellers!


    Shabby_chic: Went on market March 2010, approx 10 viewings and a couple were interested but none proceedable. Cash buyer viewed week 14 and made offer £10k below asking, negotiated to £5k less and currently waiting to exchange though plan to complete on 24/09/10 (fingers crossed).

    Ocalllo - on market since Feb 10, 3 views only 2 turned up. Chgd agent beginning of June, 5/6 viewings more - 1 x low offer, which we refussed, they came looked at hse again and pulled out! dropped price twice, gone live with new price 1 hr ago!!!!!

    Maidmarian - On market from August 2008, dropped price 17%, 21 viewings, no offers. Asking price now below Zoopla and Land Registry indices. Took it off the market today.

    Newstudent24-I put my 2-bed ground floor flat up for sale in May 2010, originally for 98,500 (which I thought was a little high at the time but the EA said it was a good price). I have reduced the price twice since then and is now on the market at 92,950. I have had a total of 5 people look at it - one of which was an upstairs neighbour who I think just wanted a nosey around....and a landlady who offered me 20k less than the asking price so I could carry on living here as a tenant. Luckily I don't have 'mug' written on my forehead!

    Smiley79-have been on the market since Feb2009 yes thats Feb 2009, I have dropped the price several times to now way under what we bought it for 6 years ago. We have had 2 sold subject to STC which have both fallen through one a week before moving (6th Jan) and the second in April.

    tiny_tear-on the market since Dec09. Have lowered the price a few times. willing to take offers. So far had one offer (too stupid to even make a counter offer) and one person who viewed THREE times - the last this weekend - decided today not to make an offer and gave no explanation to why... Just lowered the price another £3k...

    Chyna-s- One market 1week, have had an offer already of 5% below the asking price.

    JW - on the market 4 weeks, 3 viewers, 3 offers, 1 agreed but they pulled out, current offer on the table is too low, we are prepared to meet them half way but I'm not sure if they'll come up

    Update updated!
    NyimaR - been on the market since June. 10 viewings (including 1 second viewing). Open house weekend has brought me 1 viewer and I dropped my asking price for a second time today. Now asking is what I paid for the place in 2004! Living with my mum is getting me down and I've started to consider borrowing a deposit from family to buy somewhere and spend practically all my money on mortgages!
  • Updates:

    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.

    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

    rosered100 - been on the market since March. Had an offer from the first viewer at 91% of asking which we accepted. They dropped out 2 days before exchange. Dropped the asking price to the level of our first offer. Total of 16 viewers, 5 of them viewed twice. Then 2 offers came on the same day a fortnight ago at 10% below our new asking price. We have reluctantly agreed to one of them as long as they get on with it. Havent heard a word from them since.

    Grimbal: On market Oct 2009. Found non proceedable buyers. Found place to buy

    Harz99: Going on market Feb 2011. Not yet seriously looking at places to buy.

    Azkaban420: On market Oct 2009, accepted offer in May, still waiting to exchange/complete...found house to buy in meantime

    Sonastin: On market Christmas 2009. Sale completed August 2010. Serious problems with the house I want to buy that are taking ages to resolve. Nothing else on the market that suits. Stuck living with my mother in the meantime

    tyllwyd: went on market on 5 May (Election day - great timing!!) Dropped price once, four viewings so far but none proceedable. Enthusiasm for the whole idea of moving gradually ebbing away.

    Snowlady07: On market since early Sept 2010. Realistically priced but no interest as yet

    Squish_21 - Been on market 15 weeks. Had 1 viewing & 1 very low offer during 12th week (buyer couldnt get the mortgage amount they thought). On 14th week we have started offering '5% deposit paid by vendor', as its a 1 bed flat instead of a price drop. A price drop will follow in January if no more interest. Its tough going for us sellers!


    Shabby_chic: Went on market March 2010, approx 10 viewings and a couple were interested but none proceedable. Cash buyer viewed week 14 and made offer £10k below asking, negotiated to £5k less and currently waiting to exchange though plan to complete on 24/09/10 (fingers crossed).

    Ocalllo - on market since Feb 10, 3 views only 2 turned up. Chgd agent beginning of June, 5/6 viewings more - 1 x low offer, which we refussed, they came looked at hse again and pulled out! dropped price twice, gone live with new price 1 hr ago!!!!!

    Maidmarian - On market from August 2008, dropped price 17%, 21 viewings, no offers. Asking price now below Zoopla and Land Registry indices. Took it off the market today.

    Newstudent24-I put my 2-bed ground floor flat up for sale in May 2010, originally for 98,500 (which I thought was a little high at the time but the EA said it was a good price). I have reduced the price twice since then and is now on the market at 92,950. I have had a total of 5 people look at it - one of which was an upstairs neighbour who I think just wanted a nosey around....and a landlady who offered me 20k less than the asking price so I could carry on living here as a tenant. Luckily I don't have 'mug' written on my forehead!

    Smiley79-have been on the market since Feb2009 yes thats Feb 2009, I have dropped the price several times to now way under what we bought it for 6 years ago. We have had 2 sold subject to STC which have both fallen through one a week before moving (6th Jan) and the second in April.

    tiny_tear-on the market since Dec09. Have lowered the price a few times. willing to take offers. So far had one offer (too stupid to even make a counter offer) and one person who viewed THREE times - the last this weekend - decided today not to make an offer and gave no explanation to why... Just lowered the price another £3k...

    Chyna-s- One market 1week, have had an offer already of 5% below the asking price.

    JW - on the market 4 weeks, 3 viewers, 3 offers, 1 agreed but they pulled out, current offer on the table is too low, we are prepared to meet them half way but I'm not sure if they'll come up

    NyimaR - been on the market since June. 10 viewings (including 1 second viewing). Open house weekend has brought me 1 viewer and I dropped my asking price for a second time today. Now asking is what I paid for the place in 2004! Living with my mum is getting me down and I've started to consider borrowing a deposit from family to buy somewhere and spend practically all my money on mortgages!
  • Chin up NyimaR - we will get there in the end :)

    Az
  • NyimaR
    NyimaR Posts: 110 Forumite
    Cheers Az. It's just like pulling teeth getting there at the moment. It's great hearing that some people on here are getting good news though! There is light at the end of the tunnel.
  • Updates:

    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.

    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

    rosered100 - been on the market since March. Had an offer from the first viewer at 91% of asking which we accepted. They dropped out 2 days before exchange. Dropped the asking price to the level of our first offer. Total of 16 viewers, 5 of them viewed twice. Then 2 offers came on the same day a fortnight ago at 10% below our new asking price. We have reluctantly agreed to one of them as long as they get on with it. Havent heard a word from them since.

    Grimbal: On market Oct 2009. Found non proceedable buyers. Found place to buy

    Harz99: Going on market Feb 2011. Not yet seriously looking at places to buy.

    Azkaban420: On market Oct 2009, accepted offer in May, still waiting to exchange/complete...found house to buy in meantime

    Sonastin: On market Christmas 2009. Sale completed August 2010. Serious problems with the house I want to buy that are taking ages to resolve. Nothing else on the market that suits. Stuck living with my mother in the meantime

    tyllwyd: went on market on 5 May (Election day - great timing!!) Dropped price once, four viewings so far but none proceedable. Enthusiasm for the whole idea of moving gradually ebbing away.

    Snowlady07: On market since early Sept 2010. Realistically priced but no interest as yet

    Squish_21 - Been on market 15 weeks. Had 1 viewing & 1 very low offer during 12th week (buyer couldnt get the mortgage amount they thought). On 14th week we have started offering '5% deposit paid by vendor', as its a 1 bed flat instead of a price drop. A price drop will follow in January if no more interest. Its tough going for us sellers!


    Shabby_chic: Went on market March 2010, approx 10 viewings and a couple were interested but none proceedable. Cash buyer viewed week 14 and made offer £10k below asking, negotiated to £5k less and currently waiting to exchange though plan to complete on 24/09/10 (fingers crossed).

    Ocalllo - on market since Feb 10, 3 views only 2 turned up. Chgd agent beginning of June, 5/6 viewings more - 1 x low offer, which we refussed, they came looked at hse again and pulled out! dropped price twice, gone live with new price 1 hr ago!!!!!

    Maidmarian - On market from August 2008, dropped price 17%, 21 viewings, no offers. Asking price now below Zoopla and Land Registry indices. Took it off the market today.

    Newstudent24-I put my 2-bed ground floor flat up for sale in May 2010, originally for 98,500 (which I thought was a little high at the time but the EA said it was a good price). I have reduced the price twice since then and is now on the market at 92,950. I have had a total of 5 people look at it - one of which was an upstairs neighbour who I think just wanted a nosey around....and a landlady who offered me 20k less than the asking price so I could carry on living here as a tenant. Luckily I don't have 'mug' written on my forehead!

    Smiley79-have been on the market since Feb2009 yes thats Feb 2009, I have dropped the price several times to now way under what we bought it for 6 years ago. We have had 2 sold subject to STC which have both fallen through one a week before moving (6th Jan) and the second in April.

    tiny_tear-on the market since Dec09. Have lowered the price a few times. willing to take offers. So far had one offer (too stupid to even make a counter offer) and one person who viewed THREE times - the last this weekend - decided today not to make an offer and gave no explanation to why... Just lowered the price another £3k...

    Chyna-s- One market 1week, have had an offer already of 5% below the asking price.

    JW - on the market 4 weeks, 3 viewers, 3 offers, 1 agreed but they pulled out, current offer on the table is too low, we are prepared to meet them half way but I'm not sure if they'll come up

    NyimaR - been on the market since June. 10 viewings (including 1 second viewing). Open house weekend has brought me 1 viewer and I dropped my asking price for a second time today. Now asking is what I paid for the place in 2004! Living with my mum is getting me down and I've started to consider borrowing a deposit from family to buy somewhere and spend practically all my money on mortgages!

    Jen: Been on the market 15 weeks 6 viewings, 1 second viewing and 2 cancellations. Our latest viewing took place this afternoon and they seemed positive but don't they all. I won't be holding my breath. But they are under offer and looking to move into the area so sound proceedable. Fingers crossed.



    user_offline.gifpost_thanks.gif
  • Ok, so we've been on the market for 5 1/2 weeks. Had about 10 viewings - although none in the last week. 1 offer from cash buyers which was lower than we wanted but accepted - and now we're glad we did!!! They are really keen and things appear to be progressing well. We have been very fortunate to have a really pro-active EA who got us viewings even before we were officially on the market.

    That's the good news! :T

    The frustrating bit is the property which we like... the vendor is being completely unrealistic about wanting to achieve her asking price (house has been on the market for 2 years!). We put in a 90% offer which was "considered" and then declined "even though it's a good offer" and way above any previous offers. :wall:
    We are currently debating whether it's even worth increasing our offer (not that we can afford much more!) if she is insisting on the asking price. We are wondering how much her EA are letting her remain unrealistic - don't they know it's way overpriced and they should be biting our hands off?!! Mind you, for all we know, they may be telling her that and she may just be ignoring their advice!

    It's our dream house and we are trying to remain objective even though we have both fallen in love with it! At this rate we'll end up renting :eek: to make sure our sale goes through.
    Growing old is inevitable, growing up is optional :j
  • tyllwyd wrote: »
    Thanks! My personal feeling is that at the moment people only want to buy houses which are absolutely 'safe' - everything decorated, tidy garden, nice driveway. Our house has lots of good things, but it also has quite a few rough edges. The stupid thing is, me & the OH quite like it that way, it's a bit old fashioned and reminds us of the houses where we grew up, but we need someone who thinks the same way that we do to come along!

    I think you're right with this. Our house has a few rough edges, nothing worrysome to us, but you're right, all we need is someone with the same outlook as us I guess.

    Bit of an update with us: we went with another EA on Tuesday evening (relatively new, independent outfit). He was here for nearly two hours on Tuesday, taking pics + generally bigging him and his company up :insertboredsmileyhere:

    But.... he came up trumps with a viewing yesterday for us. Investor, looking for a buy to let property to add to another propety he has. My partner did the viewing, and from what he felt, it all seemed to go very positive.

    The viewer seemed to be particularly impressed that there wasn't much in the way of appliances (i.e. central heating boiler, separate power-shower) to go wrong :D

    So, here's hoping for at least some solid feedback about the house in the coming days, if nothing else. That was one of my major gripes with the initial EA - we've never had any kind of constructive feedback about our house, only feedback about the viewer's mortgage situation.

    Congrats and good luck also to those who are progressing with their sales :)
  • tawse57
    tawse57 Posts: 551 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    pollyzanna wrote: »
    Ok, so we've been on the market for 5 1/2 weeks. Had about 10 viewings - although none in the last week. 1 offer from cash buyers which was lower than we wanted but accepted - and now we're glad we did!!! They are really keen and things appear to be progressing well. We have been very fortunate to have a really pro-active EA who got us viewings even before we were officially on the market.

    That's the good news! :T

    The frustrating bit is the property which we like... the vendor is being completely unrealistic about wanting to achieve her asking price (house has been on the market for 2 years!). We put in a 90% offer which was "considered" and then declined "even though it's a good offer" and way above any previous offers. :wall:
    We are currently debating whether it's even worth increasing our offer (not that we can afford much more!) if she is insisting on the asking price. We are wondering how much her EA are letting her remain unrealistic - don't they know it's way overpriced and they should be biting our hands off?!! Mind you, for all we know, they may be telling her that and she may just be ignoring their advice!

    It's our dream house and we are trying to remain objective even though we have both fallen in love with it! At this rate we'll end up renting :eek: to make sure our sale goes through.


    Glad you have found a buyer.

    You might want to bear in mind that The Sunday Times today has a large article on a coming UK housing crash.

    They interview several estate agents who are saying that the hoped for surge in buyers once August was over has not materialised.

    They interview several estate agent firms who admit that house prices were over-valued earlier in the year.

    They interview several estate agents who separately state that asking prices now need to drop by 20 percent.
    This is not financial nor legal nor property advice. Consult a paid professional if in doubt.
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