On market for how long before your first viewing?

poppysarah

I've noticed a couple of people commenting they think their house has been on the market for ages without a veiwing.

Why don't you post how long your house has been on the market before your first viewing and include

- is it on rightmove or just the local EA site.
- are you happy with the photos
- what has your EA said about the lack of viewings.

Purple_Hearts_3

- is it on rightmove or just the local EA site. It is on rightmove.

- are you happy with the photos. Not really, the estate agent is coming back out next week to re do them for us.

- what has your EA said about the lack of viewings. Told us to reduce the price, that is the only thing they say when we ring/go in for advice, thing is, our house has been reduced twice and is already the cheapest in our area, if its already the cheapest I cant see reducing it will do anything. House over the road sold last week for 149k, ours is up for 115k.

2 viewings in one year, on our second estate agent. Took us three months to get our first viewing. second viewing was last week.

tleefox

Here's mine - we have been on for just over 4 months; 3 months with just the 1 agency and the last month with 2 agencies. We have had 2 viewings in those 4 months, both with the original agent, and have had 2 viewings not turn up! We have now not had an actual viewing for over 2 months though, and have dropped our price twice.

- is it on rightmove or just the local EA site. Both, amongst various other sites.
- are you happy with the photos Photos are excellent - we have had to take photos for them in some cases as some of theirs were rubbish though!
- what has your EA said about the lack of viewings. At the moment we are up with 2 agents, both of whom have said that the market is very quiet at the moment. We dropped our price for the second time yesterday, which both agents tried to talk us out of as they thought it was already very reasonably priced, but we want to move ASAP!

Caroline73_2

We went on at the beginning of March.

Photos are really good, the EA owner sends all his negotiators on a photography course. We're on the EA website and Rightmove.

We averaged a viewer every 10 days and dropped price from £109950 to £106950 after 8 viewings. We sold at the end of May for £104000. We complete this Friday. Yay!

I honestly believe that any house will sell if the price is right. The only reason for no offers is that the price is too high. If you cannot get viewers and it's being marketed correctly what more could it be.

phoebe1989seb

We went on the market at the end of Feb.
Estate agents photos were not brilliant so we submitted our own.
House advertised on Right Move and EA's own website.
Had first viewing within 2 days and accepted an offer £10k below asking price on third viewing (two weeks after going on).
Completed 10 weeks later

maiz

Our home went on the market July 2010. Changed agents and dropped price in Sept. Jan we dropped again and April was our final drop, £35000 in total over the year. We changed to our third agent in May. We have had about 10 viewings and no offers over the year. we are happy with the pics and write up on right move and in window of agents.
All agents have blamed the quiet market for properties over stamp duty but 1 said the prices will probably fall again in the autumn.
So frustrated with the situation and now waiting to move. Just need that buyer.

Thrugelmir

7 out of 10 houses put on the market this year are still unsold.

So be more concerned with the buyer that will buy than an endless stream of viewers.

TrickyDicky101

We went on the market in September 2010 and eventually accepted an offer in April 2011 and completed in July 2011. Our first viewing was 4 to 5 weeks after going on the market. We had several viewings over the period the property was marketed, but things really took off after we had reduced the price (agreed sale within a week of the price reduction).

shelleyg222

We had our first viewing a week after having the house on the market. It was on both rightmove and the estate agents website. The first viewers offered and we accepted (due to exchange soon).
Our estate agent did say that the first viewer would buy, but the battle was getting people in, and to do this we had to price correctly, and to try to be different.
2 EAs had advised us to market for £95000 and accept £90000. Our ea told us between £95000 and £110, 000. we went for £104,500. Offered at £102,000. Our buyers told us that the picture in our local paper of our kitchen sold it.

HAMISH_MCTAVISH

Purple_Hearts wrote: »

- what has your EA said about the lack of viewings. Told us to reduce the price, that is the only thing they say when we ring/go in for advice, thing is, our house has been reduced twice and is already the cheapest in our area, if its already the cheapest I cant see reducing it will do anything. House over the road sold last week for 149k, ours is up for 115k.

2 viewings in one year, on our second estate agent. Took us three months to get our first viewing. second viewing was last week.

Excellent post.

It's absolutely the case that there just are not enough buyers for all the houses, thanks to the mortgage drought.

Dropping price makes little to no difference for the market as a whole. Prices today are lower than in 2007, yet only a third of the number of houses are selling due to the mortgage famine.

When there are only 3 buyers able to get a mortgage for every ten houses for sale in an area, even if everyone drops their prices, only 3 houses will sell.

Of course, if everyone dropped the price of all houses to £100, then nobody would need a mortgage and all houses would sell.

But that would be silly......

zappahey

HAMISH_MCTAVISH wrote: »

Dropping price makes little to no difference for the market as a whole. Prices today are lower than in 2007, yet only a third of the number of houses are selling due to the mortgage famine.

When there are only 3 buyers able to get a mortgage for every ten houses for sale in an area, even if everyone drops their prices, only 3 houses will sell.

Of course, if everyone dropped the price of all houses to £100, then nobody would need a mortgage and all houses would sell.

Any chance of keeping this sort of stuff on the board where it belongs, rather than here?