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Viewers whose property is not on the market

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  • PhilE
    PhilE Posts: 566 Forumite
    I would understand. You never want to waste money in a rental. However, the buyer who is making steps to move faster would always be of more interest.
  • I have viewed , fallen in love with a house and put ours on the market and sold just for that house . I also know others who have done the same.

    It's difficult when you want a type of property that is difficult to find. If you put your own place up for sale then you may not be able to find anywhere to move to and you are accused of wasting your buyers time and money, but if you view before you are on the market then you are accused of wasting sellers time and energy.

    Some would say sell up and rent but that doesn't work when you own outright , the rent just empties the saving pot... sometimes life isn't simple so blanket rules don't work. If you want to sell and people want to view best to let them as you never know which ones will eventually buy.
    Decluttering, 20 mins / day Jan 2024 2/2 
  • Davesnave
    Davesnave Posts: 34,741 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 1 February 2019 at 3:09AM
    Some would say sell up and rent but that doesn't work when you own outright , the rent just empties the saving pot...
    It doesn't work well now, but selling to rent was fine when we did it in 2008. Then, a 6 - 6.5% interest rate and a falling market saw to it that we were profiting by thousands at the time we purchased.


    Of course, at that time, the problem was not enough supply. There are always problems.
  • I viewed before putting mine on the market, assuming it’d sell quickly enough.

    When it didn’t we found a way to buy before selling, making us even better buyers than someone who’d started selling a house that they absolutely had to offload.

    If it annoys you go out for a drink and let the estate agents deal with the viewing.
    How did you manage to buy without selling?
  • googler wrote: »
    From many other threads on here, assuming you're selling in E&W, it seems perfectly possible for you, the seller, to accept an offer from someone who has complied with your wish that they put theirs on the market, then for you only to start looking for somewhere else once you've accepted their offer, and to drag this process out without committing to a firm entry date.

    I'd say if you're going to demand something like this of your buyer, you should maybe give something in return. Commitment to entry by a fixed date, for instance.

    Checking proceedability of viewers tends not to happen in Scotland, where in many territories there is traditionally open viewing on Thursdays and Sundays, sometimes at other times. This is published in advertising material, and viewers can simply roll up, knock and be admitted.
    31st Jan 19, 8:46 PM
    My property is in SCOTLAND in an area where the market is flat. Open days are not popular here and offers have to be through a solicitor
  • Niv
    Niv Posts: 2,563 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    When I last moved I was only moving to 'upgrade' to my forever house, if there was nothing on the market that I wanted at the time it would be a waste of time me putting my house on the market and getting people through the door.


    I viewed a house I liked, put my house on the market and made an offer on said house once I had an offer on mine. Took about a fortnight from initial viewing.


    Similarly, when I was selling my house, I allowed anyone that the EA thought was worthwhile. I prepared the house to sell and kept it tidy the whole time anyway as I could (and did) get viewers at short notice that the EA showed around while i was at work.
    YNWA

    Target: Mortgage free by 58.
  • Up to you - your house. You don't know their personal circumstances, they might have just inherited or they only want to see your house and won't sell otherwise.

    But feel free to stop viewings.

    Regarding obscene offers, maybe they think it's an obscene asking price and you're having a laugh. Who knows.
    The asking price is guided by the chartered surveyor's report (home report) which is mandatory in Scotland where the property is. The asking price is usually listed below the home report valuation so there is not much likelyhood of an obscene asking price.
  • martin1959 wrote: »
    We are in the same situation as you. We initially said only those in a position to proceed to view, but after a few days took this off. We have been on the market for two weeks today, and had 5 viewings, with 3 offers, all from people who have not sold.

    I have told EA to thank them for their offer, but advise that I am not going to even discuss price with anyone who has not sold. The position they are in would determine what level I would drop to.

    I am fortunate that we already have the house we are moving to, although building works will not be finished until June, but have access to another flat we could move into within a few weeks if this was important to a buyer.

    If enough people who have not sold come to view, and want to buy, sooner or later, one of them must find a buyer......hopefully!!
    In Scotland the procedure is different, in that offers have to be made through the solicitor and they are binding, so we would not be getting offers from people who have not sold unless they had money to buy outright.
  • turning it on its head. you find your dream home, decide to market yours and no takers
    I always have a saved list of properties for about 6 months prior, when I have those I then market then keep looking
    When I receive an acceptable offer go round all on my saved list, if nothing comes remove from market
    The problem with taking it off the market in Scotland is that when you want to put it on again you have to pay for another home report. Last time it was nearly £800 so it is not an option I am willing to take. I wish the government would do away with the home report as they did in England. It is a farce. The surveyors are rubbing their hands in glee as they are getting all the work and the money but they take very little responsibility if things go wrong.
  • Davesnave wrote: »
    It's your house, so your rules apply, but experience has taught us it works the other way too.
    In other words the, personality type who writes "No tyre kickers" or similar conditions on an ad will never get to meet us. We don't feel deprived.

    We showed our last house to about 40 -50 people. Among them, our buyers viewed without being on the market, never said a word and left, apparently disinterested. A few months later they were back with a deal. It's impossible to 'read' some people, just as it's equally hard to identify some purveyors of BS. Well, I can't anyway!

    I don't understand 'obscene' offers. Offers aren't usually made in obscene terms, but they can certainly be very unrealistic. However, due to seller expectation, sometimes the person offering cannot help making a futile pitch. We've made two offers in our time that were treated with derision: one eventually sold for exactly the same amount, while the other went for £20k less.

    This is just the way things are. We've walked away after upping our offer and coming within 3% of what a vendor wanted. The vendor is still there, ten years later. Neither of us got what we wanted.There have to be limits, but certainly no hard feelings. I'd sit down and have a cuppa with her any time.
    Okay, obscene may have been the wrong word but unrealistic more than covers it when someone offers £100,000 below the valuation and do not want to negotiate in any way.
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