Bad luck or common theme...

hazyjo

PokerPlayer111 wrote: »

Yeah thats why when you put in a offer as a buyer you should state the property has to be taken off the market if offer accepted.

I always do - but all you can do is ask. They're not obliged to accept.


They know to take me seriously and I start balls rolling in every direction at once and turn everything round by return. I don't wait for one thing before doing the other.


In the OP's shoes, I would want to see some sign of action from a buyer before taking my property off the market.

Crashy_Time

Most sellers would do themselves a large favour by just cutting the price, asking people viewing something you need to sell to put down a deposit in case they don`t like it or work out it is over-priced is laughable, sorry

cloo

There are schemes that offer deposit schemes aiming to stop people pulling out, eg https://www.gazeal.co.uk/ but no idea how effective or accepted they are.

Four dropouts is unlucky but not totally unusual... someone I know said her sister had five buyers pull out. In that case she thinks it was because the property was lovely and in a very desirable area, but it was therefore expensive for the size, so people fell in love with it but then panicked they'd paid over the odds. (I think this happened with the buyers we lost in our last place) Could it be the case that your place is really a bit too pricey and buyers are getting cold feet?

Good luck with sorting it out - I feel your pain about needing more room, that was our situation for a while!

JoJo1978

Does your EA !!!8216;pre qualify!!!8217; buyers before letting them view? Ours did although the buyers were obviously under no obligation to comply. But I think serious buyers who already have their ducks in a row with AIP etc won!!!8217;t mind showing that they!!!8217;re ready and able.

Maybe instruct the EA to only accept viewings from proceedable buyers. It will cut down footfall but maybe also eliminate some pain.

Best of luck

Crashy_Time

JoJo1978 wrote: »

Does your EA !!!8216;pre qualify!!!8217; buyers before letting them view? Ours did although the buyers were obviously under no obligation to comply. But I think serious buyers who already have their ducks in a row with AIP etc won!!!8217;t mind showing that they!!!8217;re ready and able.

Maybe instruct the EA to only accept viewings from proceedable buyers. It will cut down footfall but maybe also eliminate some pain.

Best of luck

Buyers will get serious when they see value, until then it is a price standoff, luckily higher interest rates are riding to the rescue.....