Putting my house up for dale - big valuation variance

Crashy_Time

lookstraightahead wrote: »

What it's valued at and what a buyer is prepared to pay are two different things. I always allow a 10% difference in asking price to offer price.

People should be allowing 20% with all that is going on at the moment IMO.

Cakeguts

The only thing that I can add is this. That style of house seems to me to never be as expensive as anything else. They are always cheaper than more traditional styles. You can't compare it to a nearly new one because the style has become very dated and how much larger you make it doesn't seem to make much difference to the price because the way it looks puts people off unless they can get it at a cheap price.

pimento

Cakeguts wrote: »

The only thing that I can add is this. That style of house seems to me to never be as expensive as anything else. They are always cheaper than more traditional styles. You can't compare it to a nearly new one because the style has become very dated and how much larger you make it doesn't seem to make much difference to the price because the way it looks puts people off unless they can get it at a cheap price.

Yes, I agree. The newer style ones are going for £550,000 to £800,000 plus. I'm realistic.

pimento

Crashy_Time wrote: »

People should be allowing 20% with all that is going on at the moment IMO.

Thanks Crashy, I will bear that in mind when I'm buying.

getmore4less

ognum wrote: »

I agree, with the start of Rightmove I don’t think the advertising agent make a lot of difference.

The difference comes with how they plan to manage the sale, show customers your house, progress the sale, keep a chain in place, how available they are, whether they insist on in house mortgage checks.

It’s the extras that matter not the advertising.

and how they deal with the potential customer after they viewed the first house with them and decided no.
Some will just let them go, others will push other properties hard, one of those properties could be yours.

ognum

getmore4less wrote: »

and how they deal with the potential customer after they viewed the first house with them and decided no.
Some will just let them go, others will push other properties hard, one of those properties could be yours.

This is true

We have just exchanged on a new home.

We viewed the property in December. Both liked the property but were just not sure.

Christmas came and we went away for the New Year, while we were away the EA emailed and asked if we would like a second viewing. We thought through the finance, we went into the EAs office to discuss, did a second viewing and offered, by that time we were one of three interested parties.

Eventually we agreed a deal and have now exchanged, had the EA not emailed us we would probably have let it go!

pimento

How to tell what they'd do in advance though? That's the trick.

Crashy_Time

pimento wrote: »

Thanks Crashy, I will bear that in mind when I'm buying.

I hear Australia and Aberdeen are good places to get a 20 - 30% discount just now.

pimento

Crashy_Time wrote: »

I hear Australia and Aberdeen are good places to get a 20 - 30% discount just now.

The Aussie's won't have me, I'm too old and it's too cold in Aberdeen.

Crashy_Time

pimento wrote: »

The Aussie's won't have me, I'm too old and it's too cold in Aberdeen.

Hopefully those house price drops are a sign of things to come everywhere.