Someone please help me sell my house

mrsbmartin

Having it on rightmove etc will help massively but then you also need to take a look at the competition. I know areas can vary massively on a street by street basis and I don't know Hartlepool personally (though I was unfortunate enough to live in Stockton for 2 years!!) but these houses are in TS26 at the same sort of price point. I would go to see them before I went to see yours because they look abit more 'loved' (I don't mean to sound mean but yours comes across as a tad bland imo)

http://www.rightmove.co.uk/property-for-sale/property-24216411.html

http://www.rightmove.co.uk/property-for-sale/property-40324931.html

http://www.rightmove.co.uk/property-for-sale/property-25611774.html

http://www.rightmove.co.uk/property-for-sale/property-37456138.html?premiumA=true (This one isn't as well finished but cosmetically it wouldn't take alot of £££ to make it rather pretty)

http://www.rightmove.co.uk/property-for-sale/property-24822639.html This one is very close to you...the photo's don't show you anything really but if I was you I would go and view properties like this to see what you are up against.

thelem

Clicky link: http://www.pattinson.co.uk/Property-For-Sale-Hartlepool/153949

Definitely agree about being listed on Right Move. Also ask your EA what they are doing to promote your property and what level of viewings they would expect. Photos could be improved by decluttering (hide toileteries, piles of books etc) and being taken on a sunny day with the blinds fully open.

But by far the biggest thing for me would be the buyer's premium, which is not something I've seen before. Are you seriously saying that if you accept an offer, and the buyer's survey or conveyancing shows a major problem so they pull out then you expect to get £5k? I would assume there's some hidden defect and wouldn't even bother viewing the property.

tealady

Hi
If I was buying a house in your area the buyers premium would make sure the details went on the "bargepole - wouldn't touch" pile, no matter how nice it was compared with others. I would not want to risk having to give away five grand.
Can you get rid of this?

PaulLuke

I hve to agree with the other posters that the buyer's premium kills any chance of a sale in the current market. The only (very unlikely) way I'd pay such a premium would be in a market with few houses to choose from and where the house I was looking at was something very special.

TBH They're taking the proverbial to say that the premium still applies, even if the sale falls through due to a defective title, which you wouldn't find out about until you'd started spending money on legals!

StrawberryTwist

Attention: Buyers Premium applies when purchasing this property

This property is offered for sale subject to any buyer undertaking to pay a premium in addition to the agreed contractual price. A buyers premium of 5% subject a minimum of £5,000 plus value added tax (at the prevailing rate) becomes due on acceptance of your offer by the vendor. Buyers premium is paid on a non refundable basis* therefore due consideration should be given by the purchaser to your ability to raise any mortgage or loan that you require to finance your purchase. We also advise you to consider undertaking any structural survey or professional valuation on your behalf before paying the buyers premium.

In the event of the purchaser withdrawing for any reason whatsoever from the sale, including defects in the title or issues raised by survey or searches, the buyers premium of 5% subject a minimum of £5,000 plus value added tax (at the prevailing rate) will be forfeited.

---

I am a FTB looking to offer on our first property and the above statement would make me hit the back button on your property without bothering to look any further at what your house offers.

I read that statement as the vendor being able to "hide" something and then if the surveys bring that hidden issue to light meaning I couldn't proceed then I am out an awful lot of money. In actual fact that could be an interesting way of collecting lots of £5000's from unsuspecting buyers!

From my understanding as a FTB, I get an agreed mortgage in principle, I then offer on a house, if offer gets accepted then a full mortgage application goes ahead and a lenders valuation is made at that point. If the lender won't give a mortgage of offer price due to the valuation that the lender values your property at then will you negotiate or have I lost 5k if I paid the "premium".

I'm sure people could get an independent survey done prior to offering but that all costs money, having that done before an offer is even accepted and the survey throws up issues meaning I have to walk away means I'm out a survey fee without even getting to offering stage!? That could get costly! For me, it's just not worth all the extra hassle and worry.

Also, I NEVER look at independent estate agents sites. If your house is not on Rightmove, I won't see it.

Good luck with everything. I hope my point of view helps.

moneyistooshorttomention

I read that statement re the premium not so much as vendor trying it on - but vendor has been caught by a firm that is trying it on and aiming for money they havent earned "fair and square".

So, my thoughts would go more along the lines of "If vendor has fallen victim to a firm like this when it comes to selling his house, then maybe he has a tendency to fall victim to try-on firms and it could be the case that any work done on his home has been done to whatever standard the workmen thought they could get away with it - rather than doing it properly". All those pipes on show in the kitchen underneath the boiler would confirm my thoughts that firms are allowed to get away with anything.

You DO need to drop that firm and sell your house some other way than on that "Money up front and could land up getting thrown away" basis and it's all the more important because viewers are having to bear in mind the cost of putting right that boiler installation and wondering what else they will find that has been done badly.

Mrs_Imp

moneyistooshorttomention wrote: »

All those pipes on show in the kitchen underneath the boiler would confirm my thoughts that firms are allowed to get away with anything.

viewers are having to bear in mind the cost of putting right that boiler installation and wondering what else they will find that has been done badly.

Why would pipes being on show mean that a boiler was badly installed? Our boiler has visible pipes, and has been fitted correctly. The pipes could easily be boxed in, but other than that, what else can be done with them? At least this way potential buyers can see that the pipes aren't leaking.

greenface

Comment about the boiler is guff and unhelpful. I dont know the area but house looks decent 3 bed family house with that huge attic space. Prices are very affordable around that area . You have to know that the buyers premium will send any potential buyers running. Ditch you EA and find someone that uses rightmove zopla to its full.

jc808

Jesus - 5k

pimento

Mrs_Imp wrote: »

Why would pipes being on show mean that a boiler was badly installed? Our boiler has visible pipes, and has been fitted correctly. The pipes could easily be boxed in, but other than that, what else can be done with them? At least this way potential buyers can see that the pipes aren't leaking.

Quite. The only place I've ever seen a boiler installed with no visible pipework is in the brochure.