Viewers whose property is not on the market

amberstone99

Thrugelmir wrote: »

Not worth the effort. Let the EA earn their commision and vet potential buyers thoroughly.

We are doing the viewings ourselves so the EA / solicitor is not involved, and is not usually involved in Scotland unless the sellers have moved out and away from the area or the sellers require the EA to do it

warby68

I'd let people view - not being already on the market doesn't mean you aren't serious. It might mean you only want something specific and are actually even more serious. We did just that the last 2 times we moved.

On both occasions we secured buyers within days so were as able to proceed as anyone else within 10-14 days.

I certainly wouldn't make the judgement that you have to already be on the market to be a serious player.

A decent local agent who has been around a while will be more use in vetting time wasters and giving you the hint that you might not need to tidy up quite so well for certain viewers.

WeB

amberstone99 wrote: »

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.

When we were looking a while back, the EA stopped us from viewing a couple of properties because ours wasn't on the market yet. We only found out about this after a while. At no point did they check whether we actually needed to sell to buy another house (we didn't). So some people may have missed out. As other have pointed out, you just don't know and I certainly would allow anyone to visit on that basis.

Equally, we ended up putting an offer in on a house in the first week of it having been on the market. The offer was 75K under the asking price*, which was rejected (probably as obscene or unrealistic). The house has now been on the market for 9 months, with the price having been dropped by 50K a couple of months ago. Guess what? Still no sale.

*I assume you meant "asking price" when you said "valuation". Nobody can do an accurate valuation, EA's can give it a best guess, but in the end it all depends on what someone is willing to pay.

davidmcn

WeB wrote: »

*I assume you meant "asking price" when you said "valuation".

No, they meant valuation. The Home Report includes a valuation by a surveyor.

Davesnave

amberstone99 wrote: »

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.

£100k was the gap between us on the house that eventually sold for exactly what we offered..... 3 years later.

Friends of ours were on the market from about 2013 to 2017. In that time they dropped from £550k to £465k and then sold, but bearing in mind the market was moving in the other direction, that was almost a £100k drop.

I'm not saying these details are in any way relevant to your property, just that huge mismatches between expectations and offers do exist.

Alter_ego

amberstone99 wrote: »

How did you manage to buy without selling?

Don't know about John J but we did it using cash.

NicNicP

We viewed a house when ours wasn’t on the market. We made preparations to get ours up for sale and went for a second viewing the day before ours went online. We sold within 24 hours and went on to purchase the house.

lookstraightahead

Would you check people's purses before coming in to have a look round your shop?

Why do sellers feel they are doing buyers a favour - it's the other way around and the more footfall you have the better and closer you are to reaching your needs - which is to sell your property. A buyer can just move on to the next house. Really is it so much effort to show people round if you really want to sell?

I wish estate agents wouldn't even take details - it's so easy to let go of someone with potential

lookstraightahead

amberstone99 wrote: »

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.

So what? They might come back to you in a few months time when/if the housing market changes with the same offer and you might accept. Or they might go away and think about it then negotiate in three months time if you are still in the market. Or they might get new jobs / an inheritance and be able to offer more.

lookstraightahead

I'm in the Home Counties and there are tons of houses that have been sitting on the market for ages because in my opinion they are 100000 overpriced. Because I've lived here for years it's just mickey taking.