House not selling

kerri_gt

Gav75 wrote: »

I just recently moved Estate Agent. I was with Sarah Mains, who I got the impression were the best, but I was very disappointed with them. Promised me it would sell within a week, and we'd need to have 'group viewings' because there would be so many people viewing......Their listing was poorly worded and the pictures were a lot worse than the current ones. Will look at Yourmove if nothing happens. Thanks

An agent making such promises would put me off them, unless they had a crystal ball they cannot possibly know if a property will sell in a week, and if they had a crystal ball I'd be asking for the lotto numbers :rotfl:

Davesnave

Gav75 wrote: »

I also agree about the privacy. There is a completely private garden at the back, but it would benefit from 6ft fence all the way round the other gardens.

Probably can't be done. You'd need planning permission next to a road for anything built over 1m and Highways would veto it close to that bend. However, shrubs, hedges etc would do the job eventually, which is why I said 'over time' privacy could be improved. I would gradually merge back garden and the front as far as the pergola thing and leave the front clear. No need for siege measures!

csgohan4

OP be prepared to wait for a while if you do not reduce the price, as above needs some modernisation and a lot of exterior negatives

getmore4less

More like this 1mile any 2b+ bungalow £0k-£200k

For sale 7/10 SSTC there are buyers.
price 2b 3b+
0-100 0/1
0-150 1/3
0-160 1/4
0-170 2/6 1/1
0-180 4/6 1/1
0-190 4/7 2/2
0-200 4/8 2/2

look at the 2 sold ones.

£185 3 bed
£170 3bed

if we go further up the price range 3 beds.
0-300 4/2
£250k
£270k

Do you think done up it could be as good as those two that have not sold yet?

The target market don't tend to go for projects.
A developer will want a decent profit

Seems plenty are happy with the 2 bed places.
I have not looked at the 8 2 bed SSTC to see what condition they are in.

Might be worth a look at the sold through prices to see what any project places have been getting pre/post work done.

Hutch100uk

You can't do anything about the location so no idea why people always mention that. I live locally and I think its fine round there. Being close to the busy road may be an issue of course.
I'm surprised at Sarah Mains actually but, to be honest, most estate agents are the same in a lot of ways. I used Gordon Brown but found them awful (and they're one of the bigger ones). Yourmove were a lot more interested in actually getting a sale and they listened to me and also offered really good advice when I was negotiating.

markin

Gav75 wrote: »

Thanks


There's nothing wrong with the roof so that doesn't need doing.


I have had quotes a few months back when I considered doing it up, but the total for all of the above (without roof and asbestos because that's not an issue either), was under £40,000. So £85,000 is quite a way off, unless of course you're looking at high end kitchens and bathrooms, which I wouldn't be.


I always consider that a prospective purchaser might not like what I pick anyway, so that was the main motivation for not doing it up, and letting the purchaser choose. I'm totally aware doing the work would speed up the sale, but I have decided that's not the route I wanted to take.

I counted 30-35k I would say you may even have it 20k too cheap, i bet if you had put it on at 240 and let someone get a deal you could have got 220. putting it on at 180 means people looking at that price range may be at the top of their budget already, so they need the ready to move in house.

I would say getting the window and a rewire may be the priority, can you get a small mortgage on it?


You should get working on the garden with shrubs to block the road a bit.

xylophone

dis-interested

That's good.

Uninterested? That's not.....:)

https://en.oxforddictionaries.com/usage/disinterested-or-uninterested

I'm a purist (or a pedant, according to viewpoint).:)

lincroft1710

Hutch100uk wrote: »

You can't do anything about the location so no idea why people always mention that.

Because the location is often the or one reason a property is not selling. So the price has to be attractive enough to persuade potential buyers that the property may be worth a second look.

Thrugelmir

Gav75 wrote: »

Promised me it would sell within a week,

Perhaps it could. However seems as if potential buyers disagree with your valuation expectations. EA cannot find you a buyer that doesn't exist.

Hutch100uk

lincroft1710 wrote: »

Because the location is often the or one reason a property is not selling. So the price has to be attractive enough to persuade potential buyers that the property may be worth a second look.

Point taken but the seller has said all feedback has been about the condition of the house, not the location. The house should have been valued with the location in mind in the first place. Although, EAs often over-value.

I assume the poster got several valuations before choosing an agent - were they all very similar?