EA fees advise please

Scully38

clils wrote: »

I agree with you and we could stay another year if we really had to, but what I am just scared off is that house prices will drop even more and we still won't be able to sell.

Wish we all had that crystal ball, but if I were you i'd stay put, especially if you cannot afford to drop your price to that amount. Just let the EA know that you're pulling it off the market and then try again when things are a bit more stable, or when there are no other flats being sold in your block. That way you have a better chance of a sale.

clils

Scully38 wrote: »

Wish we all had that crystal ball, but if I were you i'd stay put, especially if you cannot afford to drop your price to that amount. Just let the EA know that you're pulling it off the market and then try again when things are a bit more stable, or when there are no other flats being sold in your block. That way you have a better chance of a sale.

thank you so much for you very good advice, that is more than likely what we will do. Am I being nieve to think that if the price an agent values it at will be able to more or less sell it for. I do feel daft for asking such questions...

Scully38

clils wrote: »

thank you so much for you very good advice, that is more than likely what we will do. Am I being nieve to think that if the price an agent values it at will be able to more or less sell it for. I do feel daft for asking such questions...

What you could do is next time you want to put it on the market look at sold house prices on zoopla/rightmove and also the land registry sold prices this will give you an idea for a realistic house sale. The EA may advise what the area is selling at, but if you've done your homework and suggest a price they should put it on at what you want, but be realistic, look at the growth/depreciation and see what they say. Also ask them to show you what they've sold in the area and the prices to match that comparison.

clils

Scully38 wrote: »

What you could do is next time you want to put it on the market look at sold house prices on zoopla/rightmove and also the land registry sold prices this will give you an idea for a realistic house sale. The EA may advise what the area is selling at, but if you've done your homework and suggest a price they should put it on at what you want, but be realistic, look at the growth/depreciation and see what they say. Also ask them to show you what they've sold in the area and the prices to match that comparison.

I'll remember that and once again thanks

cwcw

Scully38 wrote: »

What you could do is next time you want to put it on the market look at sold house prices on zoopla/rightmove and also the land registry sold prices this will give you an idea for a realistic house sale. The EA may advise what the area is selling at, but if you've done your homework and suggest a price they should put it on at what you want, but be realistic, look at the growth/depreciation and see what they say. Also ask them to show you what they've sold in the area and the prices to match that comparison.

That's exactly what I've done and been completely berated for in another thread. I recommend home.co.uk as it graphs sold prices out and breaks by property type. It even shows sales volumes and no registration required.

Scully38

cwcw wrote: »

That's exactly what I've done and been completely berated for in another thread. I recommend home.co.uk as it graphs sold prices out and breaks by property type. It even shows sales volumes and no registration required.

Difference is I and others have seen this persons house, where's yours? If you want to berate me do it on your thread. This person actually listens to people, you don't, that's the difference! Now leave this persons thread alone unless you have something constructive to add to aide them

cwcw

Scully38 wrote: »

Difference is I and others have seen this persons house, where's yours? If you want to berate me do it on your thread. This person actually listens to people, you don't, that's the difference! Now leave this persons thread alone unless you have something constructive to add to aide them

I'm not berating you, but on the one hand you're telling someone to base their price on sold prices in their area, and yet in another thread you're telling me I'm deluded for basing my price on only a slight fall since peak, in an area where prices have actually risen slightly since 2006. It's a contradiction.

And I have offered something constructive - home.co.uk is a good website I have found and would be of great use to the OP for their pricing. It uses land registry prices and you can choose comparative time periods and it graphs for your own postcode.

Scully38

cwcw wrote: »

I'm not berating you, but on the one hand you're telling someone to base their price on sold prices in their area, and yet in another thread you're telling me I'm deluded for basing my price on only a slight fall since peak, in an area where prices have actually risen slightly since 2006. It's a contradiction.

And I have offered something constructive - home.co.uk is a good website I have found and would be of great use to the OP for their pricing. It uses land registry prices and you can choose comparative time periods and it graphs for your own postcode.

Prove it! Prove to everyone that has suggested things that it's not the price! Prove it on your thread not the OP's

hcb42

I am not sure home.co.uk or similar sites are good indicators, especially for those of us who live in a small village with disparate housing types. Next door to me is on for £2m, my house would be say £375K and other houses on the same road are £185K but they might all be classified detached or semi detached but have hugely different price bands. Based on several graphs on this site, I should market my house at a very strong price compared with last five years. Is that really the case...hmm. On top of that, the postcode includes several villages and towns, and one of them has a lot of much cheaper housing, nowhere near comparable.

common sense needs to be applied, not just trends from these arbitary graphs.

cwcw

hcb42 wrote: »

I am not sure home.co.uk or similar sites are good indicators, especially for those of us who live in a small village with disparate housing types. Next door to me is on for £2m, my house would be say £375K and other houses on the same road are £185K but they might all be classified detached or semi detached but have hugely different price bands. Based on several graphs on this site, I should market my house at a very strong price compared with last five years. Is that really the case...hmm. On top of that, the postcode includes several villages and towns, and one of them has a lot of much cheaper housing, nowhere near comparable.

common sense needs to be applied, not just trends from these arbitary graphs.

Yes that is true, but home.co.uk graphs volumes too so you can take the prices in context and decide how meaningful any conclusions drawn would be.