We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Is it sensible to find out about a viewer before deciding to show a house
Comments
-
We will not drop our price beyond a certain limit, the agent knows that, the investors know they are not going to offer the price we want, so why waste everybody's time?
As someone else on here said, it's only a few minutes of your time. I think it's more wasteful of your time to go to the hassle of requesting evidence of finances. Even with that you're not guaranteed getting the price you want. Even if they have the asking price who says they consider your property worth it (no offence), they may not be willing to offer it.
I would reiterate to the estate agent that viewers must be 100% aware that you're not prepared to budge on price and therefore request them not to make an appointment unless they can meet it.0 -
To be fair to OP, I can see his point about "investors". When I was selling my one-bed, ex-local authority flat I had a couple of viewings by investors.
My heart wanted to sell to someone like me, starting off on the property ladder, someone who wanted and needed a home. My head told me to sell to whoever came up with the cash.
One of the investors was a real cocky, pushy guy. He barely glanced around the place but started bragging about how he had this and that amount of cash "in his pocket right now" (which was £5000 below asking price, doesn't sound like much now, but was 10% of the asking price at the time!) I repeatedly told him that I wasn't going to reduce the price and he simply wouldn't leave. I was alone with my baby at the time and although I wasn't intimidated as such, he was a bloody nuisance. If he'd offered me over AP, I'd have probably turned him down.
In the end, I had several offers at AP and I did manage to sell to a lovely guy, who was thrilled with the place. I know that the market is often reliant on investors nowadays and I've got nothing against them, but I'd rather not deal with them, I'd hand it over to EA to deal with and let them do any viewings."I may be many things but not being indiscreet isn't one of them"0 -
AnotherJoe wrote: »So your house is overpriced, you want to vet buyers down to a handful with intrusive questioning, and you will tell prospective purchasers you may not be selling?
Good luck with that !
Would it be better if we remove the house from the market until we complete the purchase of another house? We were ready to exchange last Friday, but due to complications up the chain it will not happen until March now. When we put the property back on market I will be able to tell prospective buyers that the property is vacant. It seems to me a waste of time to wait until we complete.0 -
Would it be better if we remove the house from the market until we complete the purchase of another house? We were ready to exchange last Friday, but due to complications up the chain it will not happen until March now. When we put the property back on market I will be able to tell prospective buyers that the property is vacant. It seems to me a waste of time to wait until we complete.
Only if you can afford to run both properties in tandem, because who knows how long it will be until you sell your current place.0 -
In my opinion the property is not priced to be attractive to investors. The last time investors made several viewings, mulled over the offer for a week, then made an offer which we refused straight away. We are not that desperate yet. It is a complete waste of our time. We will not drop our price beyond a certain limit, the agent knows that, the investors know they are not going to offer the price we want, so why waste everybody's time?
So, what you are saying, is that your property is overpriced, and you're wasting the viewers time?0 -
OP there is another thread for someone else who thought their property was worth far more than what people would pay for. It languished for many months.
Everything has a price, if you drop it low enough you will get interest. Vetting your buyers is a bad idea, as a buyer I wouldn't bother and move on, as it seems to me you think your house is God's greatest gift.
https://forums.moneysavingexpert.com/discussion/5507210"It is prudent when shopping for something important, not to limit yourself to Pound land/Estate Agents"
G_M/ Bowlhead99 RIP0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.6K Banking & Borrowing
- 254.5K Reduce Debt & Boost Income
- 455.5K Spending & Discounts
- 247.5K Work, Benefits & Business
- 604.3K Mortgages, Homes & Bills
- 178.6K Life & Family
- 261.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards