Help with Rightmove stats

jen80

Hi

We have had our house on the market for about 6 weeks but no viewings so far. Our previous rightmove stats were above average for the estate agents but the most recent 2 weeks show below average for all areas.

Speaking to the agent they say the market is very slow in this area, Newport South Wales, and that it is too soon to drop the price.

Do these stats suggest the market is slow or would repricing help to get some people through the door?

Thanks

tyllwyd

We get rightmove stats from our estate agent, and dropping the price did improve the statistics, but hasn't got any more people through the door.

I think it is true to say that the market is slow in most areas at the moment (see my thread on 'Number of viewings in June', so I think the key is to make sure that you are competitive on price compared to similar properties in your area, but if the price is correct, dropping it even further in my opinion would be a bit hasty. How urgently do you need to sell, and how important is it to get the asking price?

Henry_P_Chester

Surely if the Market is slow then dropping the price will be a good thing to do? If there are less buyers about you need to better and or cheaper than the competition.

PasturesNew

Maybe the stats are your neighbours, friends, family and people who are stalking you .... and they've got bored watching.

PasturesNew

Do you have a link for us to look at, so we can give you a "stranger's opinion/viewpoint" over what we like, what we don't like ... and how we (unbiased) think you stack against your competition?

googler

PasturesNew wrote: »

Maybe the stats are your neighbours, friends, family and people who are stalking you .... and they've got bored watching.

Seconded....... add to this group the other agents in your area who've been checking out your agent's new listing .....

jen80

Thanks

We don't need to sell for another 18 months but the sooner the better.

I can't post a link as too new

Would be grateful for any advice

PasturesNew

Post the link, then go through it putting spaces in it ... we can join it up again.
Or, give us the property reference number, or the postcode.

jen80

Here it is

http:// www. rightmove .co .uk / property / 29980352

Doozergirl

http://www.rightmove.co.uk/property-for-sale/property-29980352.html

What a beautiful house you have. I'd be round there like a shot if I were looking.

If anything it could only be the price because that house ticks my boxes and I'm sure it would other peoples because I have impeccable taste

Attractive frontage, big rooms, period features with modern style.

It's lovely. Someone will fall in love with it.

sonastin

what made you put the price up by £495? - seems like an odd thing to do in this age of information and property bee!