Moving home, putting ours on the market before finding somewhere new.

sheff6107

AdrianC wrote: »

Not all EAs update the flags on RM - when we bought this place, we'd moved in before it changed from just being unflagged. Then it simply disappeared.

True, but most of the time they do change them. Every agent wants loads of 'sold stc' labels on their Rightmove listings.

BJV

AnotherJoe wrote: »

If you made an offer on my house and i found you hadn't even put yours up for sale, my comment would be "did someone say something? I thought I heard a sound? No? Nope, no one there".

Many sellers will not even allow viewings from those who are "not proceedable" which means, having an offer on their property.

So, by all means look around but dont imagine anyone will be remotely interested in what you have to say when you find soemwhere you want to buy, (except perhaps as bargaining chip against a real buyer; "thanks but we currently have an offer for £5k more we are considering, can you match that?")

You'd also be starting well behind the curve, say I put house up for sale, end of the week I have an offer from someone who has an offer on their house, and you, who haven't even tidied up ready to sell yet let alone instructed an EA or (perhaps) not have a mortgage AIP. How many houses do you think you'd lose out on? You'll also be under pressure to sell at a lower price for a quick sale to avoid losing out.

So you should be able to determine if there are houses you'd like to buy at a price you can afford, without needing to make visits, and you will as said lose out on some simply because they wont take a visit from you.

Ok well oh last house which we moved from in Jan we did just that. We where in the fortunate position of not really having to sell. We where in two minds to keep it and rent it our and buy another or sell it. We checked with the bank before hand ref how much limits etc. We saw a house and put an offer in. In fact we agreed a moving date before ours was even on the market. We had not even spoken to an estate agents about ours.

As it turned out the first people to buy our house had sold theirs but then after we accepted their offer where declined on the mortgage. The house was then re-sold in fact in total it was on the market for less than 72 hours and sold twice. Both times for the asking price and then £2500 below respectively.

Our move turned into a nightmare not because of the sale / offer protocol but because on the day of exchange it came to light that the house we where buying had issues. Yes it was a mistake from our solicitor who had already exchanged on our house so we where left in the terrible position of having to rent for 5 months Hillel the issues where sorted out.

I understand where you are coming from but I have to say I think that only following your way would mean that you could in turn miss out of buyers. After all as a person trying to sell your home it should be your job to make it as easy and attractive as possible to as many buyers as you can.

So if I met a vendor like you???? I would say as you so politely put it Ok thanks I will take my hard earned money else where ?????

OP I think that you just have to be completely honest about what stage and where you are up to. That way if you meet a seller like me then fab.

Even if everyone in the chain has agreed and sold things can still go wrong. In hindsight with the amount of different people, different personalities and solicitors involved I am amazed anyone ever manages to move. You can have the biggest most solid chain ever but it can still break. It just takes one person to have a change mind, circumstances and it can crumble. For me I would of hated to find what will be in a few years once we have done some work on it my dream house and to lose it.

Again just be honest, communication is the key to well everything , house moves included.

BJV

AdrianC wrote: »

Not all EAs update the flags on RM - when we bought this place, we'd moved in before it changed from just being unflagged. Then it simply disappeared.

My new one was there for about two months after we completed and had moved saying "under offer" then disappeared.

Grenage

inacrisis wrote: »

we will end up living with parents for a short time but that isn't a problem

We did that; a short time turned into 9 months. I'd never do that again, not in a thousand years.

ViolaLass

sheff6107 wrote: »

I had a viewer who hasn't sold theirs. I have their listing bookmarked on Rightmove so I can give them a call as soon as it says under offer

Wouldn't you let them come back to you or are you desperate to sell?

Hoploz

Estate agents often refer to people as cash buyers when they are not. They say it when people don't have a property to sell. But they often still require a mortgage. Normal people realise that cash buyer means cash in the bank but EAs choose to use the term in a different way to normal people!

I'd say if you're SO then you'd be best to secure a buyer before you go seriously looking. Of course you want to have a bit of a look in the hope that things might come together but it's wise to get a buyer before you fall in love with something.

AnotherJoe

BJV wrote: »

So if I met a vendor like you???? I would say as you so politely put it Ok thanks I will take my hard earned money else where ?????

What money would that be ? I would certainly welcome you taking your entirely hypothetical money available only on an indeterminate and unknowable timescale, elsewhere.