Fast way to sell house

Davesnave

Tancred wrote: »

True, but in life one golden rule is never bite off more than you can chew.

Another one is knowing when to say nothing.

go_cat

Sorry to appear harsh but like everyone else says the price is too high PLUS the decor is very dated e.g carpets in bathroom , gold shower cubicle, very strong coloured carpets etc, this says to a new buyer I am going to have to spend a lot of money

Could you afford to decorate neutrally get rid of pelmets and put cheap neutral carpet throughout, I think this may help get more people through the doors.

Outside is lovely

I wish you luck with selling

phoebe1989seb

Davesnave wrote: »

OK, you have dropped less than 5% of your original asking price, if my maths is right.

You are speaking to someone who dropped around 16% in order to sell a few years ago.

Outside London and the SE, it's still quite common for property to sell for asking price less 10%.

However, if it's any consolation, the quick sale companies will only give around 70% of valuation, so if it was me, I'd still be looking to sell via a normal agent.

Dave is right insofar as that's not much of a drop for a property in that price bracket. When we were selling in 2007 (South coast) we originally had ours on for £695k and had barely any viewers (three IIRC) between March and June. We changed agents and lowered the price quite drastically to £595k as we wanted a quick sale because we'd found a house we were really keen to buy. As we had nearly £400k equity and we were downsizing to a smaller and less expensive house we felt we could afford to do this.

Within a month or so of dropping the asking price we accepted an offer of £580k and although this buyer pulled out before having a survey done we soon accepted another offer (£585k), so price was definitely the issue as I'm certain it will be in yours.

Fast forward to 2011 when we were selling our next house and again we needed to sell quickly, this time because we needed to relocate closer to ageing, ailing parents. Despite being in an extremely slow moving area (East Anglia) where properties can take years to sell, we priced realistically and went under offer within a fortnight. We originally considered auctioning, but found that the auction companies weren't interested in beautifully renovated properties, even though they initially made the right noises regarding the house's quirkiness being ideal for auction

My advice would be to drop the price to a more realistic level, but to stick with a good local EA.......and perhaps to suggest they organise an open day or back-to-back viewings - this worked for us when selling my parents' house in Portsmouth last year and sparked off a bidding war resulting in a couple of asking price offers

edited to add - I posted this before looking at the RM link. Now having done so I have to agree with ognum, in that it does look terribly dated and in need of a major redesign. I don't know the area at all, but our former house has recently been resold for £695k (or thereabouts) and although on the South coast and in a city, it looks way better VFM, being much larger, crammed with original features and good handbuilt kitchen (with aga), high end bathrooms etc.......sorry to be harsh, but just my two cents!

Tancred

Davesnave wrote: »

Another one is knowing when to say nothing.

:rotfl::rotfl::rotfl:

Actually, I like the house, even if it does look a bit gaudy.

If you could lift it up and put it in Essex/London borders it would sell for sure.

pimento

Is it just me or have all the OPs posts disappeared?

phoebe1989seb

pimento wrote: »

Is it just me or have all the OPs posts disappeared?

I was thinking the same thing........

Ivana_Tinkle

If it is the house in Woolton then I'm afraid I agree with the others that it's overpriced, especially considering the decor, which is extremely dated. It's a nice house in a nice area but, to be honest, even if you redecorated the lot that price looks very optimistic.

go_cat

Ooer I do hope it's not because the replies weren't what the
OP hoped for

pimento

It's a very courageous vendor who braves the opinions in this forum..

Beachview_2

go_cat wrote: »

Ooer I do hope it's not because the replies weren't what the
OP hoped for

Or maybe they're just taking note of the feedback?