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Opinions on my house

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Comments

  • Hutch100uk
    Hutch100uk Posts: 610 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    How much would you ultimately be prepared to knock off the price to get a sale?

    I could accept £220k ultimately although this is the absolute minimum at this time. Not sure dropping the price on the listing is worth doing though as I've already had offers of £220k even when it said 'in excess of' £229,950.

    If I drop the price to £220k I imagine I'm then going to encourage prices of £210k.
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    Hutch100uk wrote: »
    I could accept £220k ultimately although this is the absolute minimum at this time. Not sure dropping the price on the listing is worth doing though as I've already had offers of £220k even when it said 'in excess of' £229,950.

    If I drop the price to £220k I imagine I'm then going to encourage prices of £210k.


    Maybe, but you would just refuse them, and if someone has viewed they might go to 220k if they are in a buying mood and know you won`t budge?
  • Hutch100uk
    Hutch100uk Posts: 610 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    Maybe, but you would just refuse them, and if someone has viewed they might go to 220k if they are in a buying mood and know you won`t budge?

    So would you think lowering to 'Offers in excess of £220k' rather than just £220k?
  • Hutch100uk
    Hutch100uk Posts: 610 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    How do people feel about my competition too? The Builders are selling the newest phase at the top of my estate. I do feel as though I'm not really competing like-for-like as there are only 3 bed semis and large 4 bed detached for sale:
    http://www.lindenhomes.co.uk/developments/tyne-and-wear/the-aspens-birtley#view-price-list
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    Hutch100uk wrote: »
    So would you think lowering to 'Offers in excess of £220k' rather than just £220k?


    "Offers around 220k".
  • Hutch100uk
    Hutch100uk Posts: 610 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    So I've just accepted an offer of £224k. Fingers crossed it all goes through.
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