How many viewings in first fortnight?

Noctu

As above, how many viewings did you get in the first fortnight, the last time you sold a house?

If you've had no viewings in the first fortnight, is that a warning sign or just the state of the market?

harrup

Noctu wrote: »

As above, how many viewings did you get in the first fortnight, the last time you sold a house?

If you've had no viewings in the first fortnight, is that a warning sign or just the state of the market?

Noctu... did you not ask your EA how many potiential buyers they had on their books looking for YOUR kind of property for YOUR asking price before you signed with them?

Getting ZERO viewings and inquiries is a bit disconcerting. Are you sure it is priced appropriately?

phoebe1989seb

We've just assisted my parents in putting their house on the market (17 days ago) and in the first two weeks there were four viewings. To be honest we did expect more as it's a good family house (3 bed 1930s semi with garage in a very popular road and on at a realistic price with no others currently available), but as we put it on just before the kids went back to school that probably accounts for there not being as many as we'd hoped for.

In Spring 2011 we were selling our house and by the end of the second week on the market had accepted an offer. We'd had three viewings and one second viewing (and the obligatory 'no-show') in that time, but ours was a different scenario being a completely one-off good-sized period house in a sea of small modern bungalows within an area that had very little except the cheapest properties moving. Our house was five times the price of the average house that was selling locally, but we priced it very realistically, being prepared to take a large financial hit as we wanted to get completely away from the area which we hated.......

Noctu

harrup wrote: »

Noctu... did you not ask your EA how many potiential buyers they had on their books looking for YOUR kind of property for YOUR asking price before you signed with them?

Getting ZERO viewings and inquiries is a bit disconcerting. Are you sure it is priced appropriately?

Hi harrup,
Yes I did ask that question... and they seemed to compare favourably with the other EAs...

We had 3 valuations done:
EA1 said £120k
EA2 said £120-125k
EA2 said £120 but try the market at £129,950.

We've tried it at £129,950 (the property is exempt from stamp duty) but realise that this may be too high especially with the stamp duty threshold so have put offers over £120k.

We bought for £131k in early 2008 (just before everything started going majorly wrong, I know), have rewired, new bathroom, boarded out loft, major improvements to garden, and installed a driveway. Plus usual cosmetic stuff that doesn't add a whole lot of value such as new carpets, painting, wallpaper, etc.

The house next door (semi, attached to us) sold late 2008/2009 for £115k - it needed a lot doing - new bathroom, kitchen, carpets throughout, painting throughout, garden was completely overgrown and much smaller than ours. No driveway.

So I don't really know what else to do, I appreciate it's all about price but I can't see what else we can do. Pics are good...

googler

harrup wrote: »

Noctu... did you not ask your EA how many potiential buyers they had on their books looking for YOUR kind of property for YOUR asking price before you signed with them?

Getting ZERO viewings and inquiries is a bit disconcerting. Are you sure it is priced appropriately?

Many folks suggest here that nobody leaves their details with EAs anymore, and that everyone looks online to see what's new.....

Zero viewings may be disconcerting, but are you convinced that that's an unusual state of affairs for Darlington in particular?

christopher1977

When i sold my last house i had 3 valuations all approx 130k which i thought was very optimistic!
I told them to put it on for 115k. I got 4 viewing in approx 2 weeks one of which bought the week after:j

Noctu

Shameless bump...

DannyboyMidlands

If you are not getting any viewers, let alone offers, then you need to drop the price some more.

harrup

DannyboyMidlands wrote: »

If you are not getting any viewers, let alone offers, then you need to drop the price some more.

May I respectfully disagree with the above?

Lowering your AP after a mere fortnight on the market is rather premature.

If I was in the OP's shoes, the first thing I would try is to have a chat with EA. And ask what their take on the "no viewing" situation is. Is their anything in the properties description which puts people off? Could the marketing be further improved ( e.g. Advert in local paper instead of just rightmove)? Is there anything else the OP can do to the house to give it more kerb appeal?

Noctu...it MAY just be a timing issue. Kids are going back to school or uni ( or have just started back), parents are thus busy, people without kids are often going away on holiday once families have returned from theirs. Give it another month and matters may be vastly improved. Still, it can't hurt to have a chat with your EA in the meantime and express your concerns regarding the absent interest of your property.

kdolll

Noctu - i cant offer a proffessional opinion, just personal experience, but we found that timing does make a difference. We put our flat up for sale at first in second week of january, immediately saw it on right move and on agents website. Within 2 weeks it had sold around asking price. (three agents consulted etc before one chosen) Then sale fell through, so flat remarketed again, this time at a lower price, this was in june/july. There was no interest for a few weeks, which obviously a concern. It took a few weeks to get people through the door, and then we had two people interested. We are now waiting to move, but found there are better times than others, so i wouldnt panic just yet! Good luck.

googler

DannyboyMidlands wrote: »

If you are not getting any viewers, let alone offers, then you need to drop the price some more.

I disagree too.

There may be local factors, financially and otherwise, causing a lull in the local market.

Maybe, by pure coincidence, everyone currently looking in the OP's price bracket has bought somewhere else the week before, or month before.

Maybe the average number of viewers in the local area is generally low.

It's by no means an absolute for everyone that when they launch their house on the market, there's a ready queue of buyers looking for that house, at that price, in that area.