No viewings in 2 weeks.

Crashy_Time

Bob_Bank_Spanker wrote: »

What is sanity? At what price point would you enter the market?

Less people aspiring to be landlords is one step towards sanity


https://www.mortgagestrategy.co.uk/landlord-confidence-time-low-bm-solutions/


Interest rates starting to rise would be another. IMO they will end up losing control of interest rates because the political fallout from bailing out the 1% is going to result in EZ countries returning to their old currency, defaulting on debt along the way as well no doubt.

Bob_Bank_Spanker_2

Crashy_Time wrote: »

Less people aspiring to be landlords is one step towards sanity


https://www.mortgagestrategy.co.uk/landlord-confidence-time-low-bm-solutions/


Interest rates starting to rise would be another. IMO they will end up losing control of interest rates because the political fallout from bailing out the 1% is going to result in EZ countries returning to their old currency, defaulting on debt along the way as well no doubt.

Oh come on. You won't use IR or fewer LLs as your benchmark - you will use price. So at what price will you enter the market?

ReadingTim

Early January isn't the time to sell - most people are either trying to rid themselves of the holiday excesses and hangovers, and dreading the arrival of the Christmas credit card bill. They'll be looking a gym memberships and the low fat food isle, not houses.

I'd also suggest that since online property sites and ads, with their numerous, decent, (and colour) photos and floor plans, together with google streetview, most nosey neighbours and property viewing timewasters can nose around from the comfort of their own home, so don't feel the need to visit the place in person, especially as it's hardly nice out, at this time of year.

That said, regardless of how fair you felt the price is, no-one currently agrees with you. Stick it on at sub-100k and you'll probably generate the interest you're looking for....

Greyhorse

We can't afford to take less than 100k sadly.

We need a minimum of 107k to have enough equity to afford the new deposit, estate agent fees and mortgage get out fees! 110k would give us few thousand to breathe but it would still be tight!

chelseablue

Can you post a link to your rightmove ad?

Cakeguts

How big was the house next door that sold last year was it also a 2 bed?

Arleen

Well, as you don't want to link your house, we can't really help you much mate, and as a result this turned into a debate over nonsense.

Alderbank

It's not that ex-gravedigger's house surrounded by the cemetery is it?

As Tim said, viewing is dead this time of year

Crashy_Time

Greyhorse wrote: »

Nonsense how? I was wondering if I was wrong to be worrying at this early stage is all.

We can afford to move if we get 110k, tight but doable. The house was valued at 115k by 3 agents. Obviously if we don't get 110k then we can't move fair enough but I can't afford to take less than 100k for it.

Next door also a 2 bed. Very similar however they have a bigger garden but no garage or double glazing.

Ok, worrying after two weeks is nonsense then, especially in January! There are threads on here about months and even years on the market for some houses. You need to post a link or no one can comment properly, but at this price level I would just put it on at the price you need, tidy, fresh lick of paint, de-clutter etc. plus good photos and try to get people through the door. My instinct tells me this one might go for asking price........

Okrib

I was an agent for 5 years in prime central London, and if a property isn't getting viewings, especially after launching, then it comes down to one thing, and one thing only.

It's price. Always price.

So sadly it appears that you have put the property on the market for too high a figure.

As for all the agents saying £115,000, would you have instructed an agent who said £105,000? They are bidding for business, and will take the view that they will try and manage your expectations downwards.