Why is it so hard to sell a 3 bed semi in Leeds?

seven-day-weekend

dlmcr wrote: »

SSTC!

http://www.rightmove.co.uk/property-for-sale/property-57003451.html

Wonder for how much?

glasgowdan

Well, certain house price crash fantasists predicted it'd be 100k... let's see ��

Crashy_Time

glasgowdan wrote: »

Well, certain house price crash fantasists predicted it'd be 100k... let's see ��

When do we get the results?

marksoton

Crashy_Time wrote: »

When do we get the results?

Well we're stiill waiting on your prediction years later......

austonic

I think a key problem for sellers in general is that a huge number of people are unable to see past the superficial aspects of current/last occupants carpets, colour schemes, etc partly because they've been fed on a diet of makeover shows on TV.

We remove everything that is not necessary, use small simple furniture that helps define use and viability of every room for the hard of thinking. Contract repaint inside and outside, and get very cheap contract carpet without underlay throughout.

Also, how hard is the estate agent working? We've always gone gone for an incentive approach with them rather than accepting their standard rates, with them earning 10% (Inc.VAT) for amounts over a top threshold. This means even the junior agents can earn a lot more on selling a house for us than on alternative similar properties. Everytime our house has sold for much better price than, frankly, very similar and often better houses in the same closer areas.

That said, never sold a house in Leeds but have sold some in slow moving areas.

AdrianC

glasgowdan wrote: »

Well, certain house price crash fantasists predicted it'd be 100k... let's see ��

HPC fantasists?
Or realists who understand local comparables?

glasgowdan

If the house sold for 100k I'll concede that there's a disaster coming. If it sold for close to 120k you'll vanish and we'll hear nothing from you on the matter, I presume?

SnooksNJ

Crashy_Time wrote: »

When do we get the results?

All I know is the suspense of what this home sold for is worse than the 2016 US Presidential Election.

iantojones40

glasgowdan wrote: »

If the house sold for 100k I'll concede that there's a disaster coming. If it sold for close to 120k you'll vanish and we'll hear nothing from you on the matter, I presume?

I wouldn't necessarily consider a house up for £120k and selling for £100k as signs of an imminent disaster ... it just means the buyer has got a reasonable discount and bought the house for a figure that reflects it's true market value.... something you're clearly not capable of doing.

AdrianC

iantojones40 wrote: »

I wouldn't necessarily consider a house up for £120k and selling for £100k as signs of an imminent disaster ... it just means the buyer has got a reasonable discount and bought the house for a figure that reflects it's true market value.... something you're clearly not capable of doing.

The original asking price is irrelevant. It may be the wishful thinking of an unrealistic fantasist - as the OP's original £145k (then £132k reduction) was.

They were offered £108k way back in August, for a house for which two minutes looking for comparables said £115k or so was about fair-to-top-end, even if it didn't have decor that shouted the last occupant was a now-deceased 90yo.

The fact that a different EA has persuaded the OP that they should reduce to £120k doesn't say much more, either.