Selling. 3 months and no offers

GDB2222

PbroAgent wrote: »

3. Have you considered renting yours out? Increasingly vendors who can't sell are turning to renting - it's not ideal and there are risks involved - but it can be a way to secure your ideal home.

Please don't do this! Family houses, bought to live in by the owner, are rarely a sensible letting proposition. There are loads of people posting here about the problems. You would have to be pretty desperate to do this, and AFAIK you are not.

PbroAgent

Changing agents might be a good idea. A new agent would likely put some fresh energy into the marketing of your home and could make the difference. Your best bet is to look at nearby streets and choose the agent who has the most sold boards locally.

**But be VERY VERY CAREFUL to check the contract of your current agent before you change as there could be all manner of fees to be paid if you instruct a second agent - you may also run the risk of paying two commissions! **

Fortheloveofmoney

Ours went under offer recently after being on the market since mid April. During that time we changed agents which didn't make a difference. The only difference was that we did a part exchange with a builder and they dropped the price by £10k (was on a £219, 950) and it went under offer in 6 days. This was during August too was is a traditionally quiet month.

My husband felt like you and wouldn't drop the price as "we'd be giving it away" but sometimes you just have to bite the bullet to get the deal done.

cwcw

yorkshire_terrier_owner wrote: »

My parents are currently selling their house in the West Midlands which has a very flat market at the moment. Their house is a large 3 bed semi that has been significantly extended. Other houses in the same street that are not extended have sold in the last year for approx £200k. They put theirs on at £175k 2 months ago. The result has been on average 2 viewings a week and 3 proceed-able offers (£169k, £172k and £173k), one of which we have accepted - we didn't accept the highest offer, we went for the one in the middle because they were in the best position to proceed. Fingers crossed now that it goes through OK.

Ok, so let me get this straight.... smaller/worse houses on the same road have sold for £200k, so your parents asked £175k for their bigger/better house and accepted £172k, and you're pleased?! A quick sale is one thing but is it really worth £28k+?

advice_please_2

It's coming up to a week since £10k price drop and no interest/ viewing
Spoke to EA said before it was price keenly at high end and said now is spot on and would advise dropping any further, but it wasn't in my mind too.

So price is right.

Inside and out is clean, not too clutered (do have two young ones so move some stuff come viewing time)

So it's sit tight.
Just hate I can't do more when the near perfect house in budget reach is available now

cwcw

advice_please wrote: »

So price is right.

Neither you nor the estate agent can decide that. Only a buyer will decide what price is right.

advice_please_2

Floor plan

advice_please_2

Kitchen 12x7.8 / 3.66m x 2.34m
Lounge diner 16'10x14'8 / 5.13m x 4.47m

B1 11'2x9'6
B2 10'1x8'2
B3 10'6x8'1
B4 15'4x6'1

Fire_Fox

Have you thought about getting outline plans and a quote for converting the garage to living accommodation? This would only cost a small amount from a local builder and might make the place more desirable given the feedback you have had. If you do this keep the garage as clear as you can - no car or junk - so that buyers can go into the space and imagine it as part of the house.

Also with reduced living accommodation you can't just be "not too cluttered" you need to be not cluttered at all, otherwise buyers imagine themselves growing out of the place just as you have. This may mean packing away absolutely everything you can live without, even some of the kids toys (put them in a place you can access and swap for ones that are out in a couple of weeks). Too many vendors get stuck on the fact that it is still their home, they forget what they are trying to do is showcase is the future home of the buyer you are showing around. They want to buy a dream not your daily life.

ScotlandM

You started of saying it was priced right, then dropped 10k (4%) and now it is priced right and was high end before. Does is sound like your being told what you want to hear?
Would dropping it another 10k really get to to bottom of the market? If not then you're still higher than the middle point.

You also say "not too clutered", which means it is cluttered but there isn't anymore you can do. Go to a shop, buy a dozen plastic boxes and next viewing fill them, load them into the car and hide the car somewhere safe. As above poster said it has to be not cluttered. Buyers are sorry but they really don't care how many or what size your kids are. They care about the house and what they can do with it, if they can't see the house they can't made a dream.

You've also said it doesn't really need decorating, again it does or it doesnt. So this sounds like it does need decorating.

And what about odd jobs around the house, how many things are there that you would like to be done? Imagine if each odd job a buyer notices makes it 5% less likely they offer. Gutters, cracks in walls, broken tiles, dirty lampshades, grouting. There are hundreds of houses for sale and a single buyer only needs one they'll use any excuse to cross one property in favour of another.

You're talking about really quite short time periods when compared to averages and there has been nothing to sound like you are better than average. Think about things in 2 week periods rather than half weeks