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

chimpsTparty

Hi. Thought i'd join the thread as my house is up for sale (4 weeks so far). Good luck to all!

JenE_2

katiej - I'd say hang in there for them to come back with a higher offer...

I had an offer of £160k on mine (on for £185k) which I rejected (well, the EA did, without telling me! but I would have done), without a counter offer - it's just too low to be worth considering IMHO. They came back with £168k after 3 days which I've counter-offered £175k to - waiting to hear back from them. I can't afford to accept £168k so it had to be a no, but I did want them to know I'm prepared to negotiate.

HTH and good luck!

kingmonty84

Hi all,

Long (ish) time reader and thought I'd join in.

Congrats to everyone who has sold their house! And sympathies to those who haven't, especially where it has fallen through late in the day - I think that must be much more annoying and frustrating than not having a buyer at all.

My situation is that myself and my gf (now wife) bought our first house in mid 2007 (with a wonderful sense of timing), having saved like crazy for a few years. Just over 3 years later we've decided to move nearer to family before we have kids (free childcare!), and to a nicer area.

So we've been on the market for about 6 weeks now and have had no viewings at all, which sucks a bit. To try and find out why I did some mystery shopping on our EA and found them to be pretty rubbish, so I'm contemplating changing to dual/multi soon (though the current EAs fees are the cheapest).

We could reduce the price but I don't really want to do that until we've had some viewings - I know when we're looking we are quite open minded about the list price, and would make an offer on it, so I don't want to come down on our list price as that doesn't leave us much room to negotiate.

Anyway, thought I would say hello and sum up our position and my thoughts. Good luck with any viewings people have got this weekend!

ocalllo

i just spoke to my EA for an update and they said that this is the quietest week they have had in a while nothing happening.

NEH

Well we've dropped to a fixed price today whilst we're getting it ready to rent out....

The other flat that is with our Solicitors has just been rented out after they went down that route so we're hoping they'll take it off the market once references have been taken and that'll give us one less to worry about....

not_loaded

Good luck with that.

Did you manage to get anywhere with your removals damage claim?

NEH

not_loaded wrote: »

Good luck with that.

Did you manage to get anywhere with your removals damage claim?

It went off yesterday thanks, we had to unpack everything first as the damage kept on coming :mad:

Though it did give us an incentive to unpack everything in a week. :eek: I think that's the quickest i have ever unpacked everything when moving!

harz99

harz99 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, last offer made about 10 days ago, we said no and they have sat on it since. They came back today (20/9/10) with a higher offer which we have accepted so fingers crossed.

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.

Paul97: On market for 4 weeks two viewings last week, both interested, but 1st one wanted to do a let to buy and can't get finance, 2nd viewing FTB, just had call from EA they have a mortgage in place and are interested, but will not make a decision until weekend after they have looked at other properties. Keep everything crossed for us.

Clarrisa62: We have had our flat on market for nearly a month. 3 viewings, last lady liked but has opted for a slightly larger flat.

If any recent new poster wants to be added to the list, please put up a single short post in similar style to the above and I will add you as and when!

NyimaR

Well, I had a second viewing and the mother of another previous viewer come round this morning and within 2 hours got a first offer. I've rejected it as it's too low for me at this stage but hopefully they'll come back with something more acceptable. The mother seemed very positive too and is sending her son around for a second viewing on Monday, so really I want to hold off until after that before I accept anything.
I'm a little excited, a little scared, and a lot not wanting to get my hopes up right now. Talk about butterflies!

Chyna-s

Hugs and best wishes NyimaR - fingers are crossed for a 2nd offer and it to be right for you.