We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
To those selling in these difficult times Part Deux. AKA sellers support network!
Comments
-
It's good to see a bit of life back here.
Az- I'm so sorry to hear about your sale falling through.
Good luck to those of you who are thinking of taking the landlord path.
Thing's have picked up again for me in terms of viewings. I've had 3 since dropping the asking price at the weekend and have a second viewing and another first viewing lined up. That gives me 15 in total which according to my Boyfriend means we're due 1.5 offers now.
My mum's started poking her nose in now. Once I'd dropped teh asking price at teh weekedn she says "You won't drop it any more though will you?" I had to say "if you ever want me out of your house I may well have to". I told her I had a second viewing booked and she said "oooh you'll get an offer then".
She knows NOTHING!0 -
Sorry to hear so many of you are giving up on selling for the time being - hope you're feeling OK about it. Hopefully just maybe this post will give despondent sellers some hope...
After 8 months on the market and 20 viewers (plus 3 2nd viewings), we have finally had an offer and we've accepted it:j proving there are still some buyers out there - they just take their time to show themselves! Unfortunately we had to accept £500 below our 'minimum' selling price meaning that owning my flat for the last 5 years has cost me more than renting would have but the main thing is we get to move on.
djheath - I've accepted £8k less than I paid and I've also spent £6k on share of freehold in that time so getting back what you paid is by no means a given but our priority was moving on to the next stage of our lives. It all depends on what matters most to you (and when you bought).
Just keeping everything crossed now, praying nothing goes wrong.
We get to do the fun bit now - house hunting!! Might be one of yours we choose...0 -
Once I'd dropped teh asking price at teh weekedn she says "You won't drop it any more though will you?" I had to say "if you ever want me out of your house I may well have to". I told her I had a second viewing booked and she said "oooh you'll get an offer then".
She knows NOTHING!
I've found that quite a lot of people (i.e. those not selling!) have a wonderfully naive attitude to the market at the moment. Although of course, if you don't have to be part of it all, why would you
I do like telling them what it's really like though *cue cackling laugh*
We had a second viewing on Monday. They had come on Saturday, so I thought at least the timescale of the second viewing was some kind of progress.
They seem to be making the right kind of noises to the EA: 'love the property, just what we're after' etc etc. Its a BTL investor, and they agreed on Tuesday that they would contact the EA tomorrow (Friday) to let them/us know whether they'll be putting an offer in.
Me and OH are erring on the side of 'it ain't happening with this one' though. Am I mad in thinking that if you really did want to buy a house, you'd make an offer pretty quick? Or is it normal to take some time to think about the decision, financial figures etc?
Of course, writing it down, it seems that they are doing the right thing, and actually ensuring they can buy the house. (This thread is very theraputic for me, as I'm sure you can tell!)
Interesting to hear that many people are heading down the renting-out route. Good luck with it all!0 -
-
Our house has been on the market for six weeks, had about ten viewings in that time and a second time viewer this week. They put in an offer of 145 (up for 160, having dropped from 165 last week). Is this a bit too cheeky or to be expected as things are now? We wouldn't have dreamed of going in that low on the house we are keen on, maybe five grand under..or am I being unrealistic?
What would you expect?:)Grocery Challenge 2012January £300(Us two, 2 kids, 2 cats and 1 rabbit)0 -
Our house has been on the market for six weeks, had about ten viewings in that time and a second time viewer this week. They put in an offer of 145 (up for 160, having dropped from 165 last week). Is this a bit too cheeky or to be expected as things are now? We wouldn't have dreamed of going in that low on the house we are keen on, maybe five grand under..or am I being unrealistic?
What would you expect?:)
Six weeks is early days in the grand scheme of 'selling houses' things, but there is a risk/shortage of offers around, and some would say grab the offer with both hands. If it's their first offer, you may be able to hold out for more. They've come it at under about 10% of your current asking price, which isn't a bad opening offer, and not really cheeky imo. What you would like to achieve and what you end up with are two different things altogether! Also, there is no stopping you coming in at that sort of level lower on the house you want...it's all about negotiating as good a deal for both parties as poss. Each one is allowed to say no/walk away.
If it were me in your situation, I would negotiate a higher offer from their opening offer...see how things go, if they come back with anything more, at least it's better than nothing? Ultimately it's your decision. Good luck
Az0 -
Thanks Az. I know we should be grateful really. I suppose there's a fine line between getting them to up their offer and them disappearing altogether. Maybe I should get some of my friends to view over the coming days and see what happens then...Grocery Challenge 2012January £300(Us two, 2 kids, 2 cats and 1 rabbit)0
-
Yes, that's why I mentioned the risk. Although admittedly, my buyers had placed their one and only offer which I rejected first, then when the EA told me they couldn't raise it, I accepted it. If your buyers want your place but can't offer more, you could always reject it, then if nothing happens, sleep on it and go back and accept?
Thanks,
Az0 -
it was a light hearted comment made, incidentally, by someone who herself cannot have children
thanks so much for making me so cr*p
I can't see how pointing something out like that should make you feel so crap, i think you read too much into it, i was just asking you to appreciate the other side of the coin that people such as you and i who are facing such an unceratin future and you as well probably get all sorts of pressure put on you as well that comments like that can make people feel worse by putting pressure on them....There was no malcious intent and i was not having a go at you at all honest...;)
Anyway back to the thread....
Katiej i would go back to the EA and come back with a counter offer, decide for yourself what is the lowest you can accept or what you will let it go for OR you can go abck and say well it's too low can they place a higher offer and see what they come back with and put the ball well and truly back into their court...0 -
katiej -I think at the moment, as sellers we can't be surprised at people testing the water with low offers. So it all depends on how confident you are feeling - there was a thread here a while back, and there was a concensus that up to about three offer/counteroffers feels about right but equally if you knock back someone's first offer and they walk away, there will be plenty of people saying serves you right for being so greedy, you should bite their hand off for any offer!
Me, personally, I'd say that £145 is low enough compared to £160 that the offerers probably don't expect it to be accepted as a first offer. But it is all down to you - how much of a gambler are you??0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351.3K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.8K Spending & Discounts
- 244.3K Work, Benefits & Business
- 599.5K Mortgages, Homes & Bills
- 177.1K Life & Family
- 257.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards