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Time waster?

Hello

My house went on the market today and already have had someone interested in viewing it. Problem is that they have not sold their own house or even put it on the market. Would you still go ahead with letting them view or not bother? We are new to selling. Also should we start looking ourselves or wait till we have an offer?

TIA :)
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Comments

  • bouicca21
    bouicca21 Posts: 6,726 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Well from their point of view you could easily be perceived as a time waster yourself. If they want to buy they will have no idea what sort of chain they are getting into. They will have no idea whether you have realistically priced up the sort of house you want to move to and whether you can afford it. So yes, you should be actively looking.
  • brightonman123
    brightonman123 Posts: 8,535 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    no viewing, no chance of sale- impress on anyone asking to view that a quick sale is needed, so their old house sale / mortgage funding mortgage etc needs to be in place
    Long time away from MSE, been dealing real life stuff..
    Sometimes seen lurking on the compers forum :-)
  • DRP
    DRP Posts: 4,287 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    How much of a hurry are you in? it doesn't sound like things are particularly urgent so this viewer may be perfect for you.

    Personally, given how much Rightmove browsing i'd been doing (and also some viewing too), I felt that i knew my target market inside and out before i'd even put my house on the market. Your viewer could market and sell his house very quickly and you neeed to be in a position to move quickly too.
  • traceyed1
    traceyed1 Posts: 190 Forumite
    We know where we want to buy and I have been actively looking on RM and have a few properties saved. Going to arrange some viewings for the weekend.
  • I would be pi--ed if someone turned up to view mine and they weren't in a position to offer if they liked it.
    Also we never looked at any until we were in a position to offer on their house.
    There's a lot of work involved in showing someone your house why bother if they are not going to be able to buy?
  • DRP
    DRP Posts: 4,287 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    I would be pi--ed if someone turned up to view mine and they weren't in a position to offer if they liked it.
    Also we never looked at any until we were in a position to offer on their house.

    There's a lot of work involved in showing someone your house why bother if they are not going to be able to buy?


    I think it depends on the local market - in some areas house are flying off the shelves and you can go from 'timewaster' to SSTC within a week.

    If i wanted to maximise the likelihood of selling my house, I'd be accepting all viewers unless i had a really good reason not to.
  • G_M
    G_M Posts: 51,977 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    traceyed1 wrote: »
    Hello

    ...Problem is that they have not sold their own house or even put it on the market.
    ..... Also should we start looking ourselves or wait till we have an offer?

    TIA :)
    Errrr... who is wasting whose time??
  • Mrs_Z
    Mrs_Z Posts: 1,128 Forumite
    Part of the Furniture 1,000 Posts Name Dropper I've been Money Tipped!
    As DRP says above. We did not want to sell our property initially until we had found somewhere as I thought it might take a while and the last thing I wanted was to have found buyers for ours and then be under pressure to find somewhere ourselves. Once we found the house we liked, we put ours onto market immediately and received an offer on the open day which was held about a week later.
  • Guess it depends where you are in the country then or unless you are giving your house away to get a fast sale...
  • traceyed1
    traceyed1 Posts: 190 Forumite
    G_M wrote: »
    Errrr... who is wasting whose time??

    As I mentioned in my original post we are new to selling so not clued up on the etiquette. We are going to view some properties at the weekend. Hopefully ours will sell quickly.
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