Advice on selling

rosiemcposie

Haha, ah, good to know.

I will have to get on to the EA and get them to do a picture shuffle.

Then see if they'll get some more done once I've sorted the garden and 2nd bedroom.

Crashy_Time

rosiemcposie wrote: »

Happy to drop the price, but worried about what impression it will give...

You either want to sell or you don`t, most buyers now will be happy with getting some value IMO. Also bear in mind that a lot of the advice you will get here is from people who are very invested in house prices staying high. Good luck.

need_an_answer

rosiemcposie wrote: »

Happy to drop the price, but worried about what impression it will give...

If you are happy to drop the price how about "offers invited" on the particulars?

It opens you up to silly offers but if it genuinely is the case that you would go a little lower then there is no harm in making that fact known.

I don't think it gives an impression...


The garage situation is a puzzling one but I wonder if you could get a fairly large car to sit on the driveway whilst the pics are retaken in order to at least support the fact that there is reasonable off street driveway parking?

hazyjo

Crashy_Time wrote: »

Also bear in mind that a lot of the advice you will get here is from people who are very invested in house prices staying high. Good luck.

Just to confirm I'm not one. Would love them to drop so my nieces and nephew can afford to buy one day. Got over 90% equity, so not a problem.

Crashy_Time

hazyjo wrote: »

Just to confirm I'm not one. Would love them to drop so my nieces and nephew can afford to buy one day. Got over 90% equity, so not a problem.

In that case tell them to vote for JC`s Labour at the next GE, that should do the trick after the Tories take us "off the cliff" on a Hard Brexit surf board. Equity doesn`t affect my point though, there are people with 100% equity who are active on here who don`t want prices to fall, they want the market value of their home to stay high although that is socially damaging and obviously unsustainable as evidenced by the massive central bank actions to bail out debt holders in recent years. It seems some of them take every 10 or 20k knocked off someone`s house in an internet thread as a personal insult!

rosiemcposie

Yeah, if we can get the agent to retake the pictures I'll make sure next door's 4x4 is on there, just as a proof of it (I drive a little Kia so bigger the better).

We can actually come down quite a chunk, but too much and that's just throwing away our investment, offers invited is a good one, so I'll ask for that to be added. My favourite at the estate agent is on holiday at the minute so that gives me a couple of weeks to get some changes made and then to arrange for some more photos to be taken.

Crashy_Time

rosiemcposie wrote: »

Yeah, if we can get the agent to retake the pictures I'll make sure next door's 4x4 is on there, just as a proof of it (I drive a little Kia so bigger the better).

We can actually come down quite a chunk, but too much and that's just throwing away our investment, offers invited is a good one, so I'll ask for that to be added. My favourite at the estate agent is on holiday at the minute so that gives me a couple of weeks to get some changes made and then to arrange for some more photos to be taken.

Be wary of going down the endless photo/presentation change route for too long, there are endless threads on here like that and I bet most of the houses that eventually sell do so mainly because they dropped the price. Unlike most stocks a house is a very illiquid investment, and there is no guarantee of a buyer even with a price drop if demand has also dropped or there are economic problems making banks/people more cautious. My advice would be to drop the price to a level where it will sell before the Tories start using a hard Brexit to save their party and JC wanders into No. 10 by the back door, because the prospects for house selling then will be even worse IMO.

OldMusicGuy

Ignore Crashy's doom mongering (although he/she is right that price is always important). He/she has predicted this house price crash many times since the referendum (and forever I guess) and has always been wrong.

Your house does not look out of line with what is SSTC in the NE28 area, and several that are SSTC in the same price range are in worse decorative shape than yours and have only two bedrooms.

Sorting out the listing and photos is always a good thing and taking some of the advice people have given about presentation, it won't hurt.

Most important thing is to discuss with the agent what is happening in the market where you are and match that with how desperate you are to sell. If the market is active and you aren't in too much of a rush maybe stay at 90K for a bit longer. If the market is slowing down and you want to sell maybe a price drop is in order.

rosiemcposie

Yeah, we are after moving sooner rather than later, but don't want to throw all our equity away. I'll try and get photos sorted and staging a bit better, then give it a few weeks longer at 90k

My sister in law says we should auction with an 80k reserve but that is scary

pimento

How do you watch the TV? It seems to be under the stairs.