When do you put your house on the market?

mrsmortgage

How long ago was that @UnderOffer? 

UnderOffer

@mrsmortgage - sorry I should have said, pre COVID (2018), I’m aware that at the moment a lot of agents want you in a proceedable position, ie under offer or listed to view. 

AnotherJoe

I didnt care who viewed mine back in September /October last, but I know some EAs and sellers round here at the time wouldnt even ntertain a viewing unless the viewers house is on sale, and in some cases, under offer !

Plus,with it being a  sellers market right now, and you are waiting for that one special "dream" house, IMO you arent doing yourself any favours by not even being for sale.

What happens if your dream home comes on tomorrow and 3 people bid for it and they've all got an offer on theirs already ?

If you were the seller would you give someone in your position the time of day?

moneysavinghero

AnotherJoe said:

I didnt care who viewed mine back in September /October last, but I know some EAs and sellers round here at the time wouldnt even ntertain a viewing unless the viewers house is on sale, and in some cases, under offer !

Plus,with it being a  sellers market right now, and you are waiting for that one special "dream" house, IMO you arent doing yourself any favours by not even being for sale.

What happens if your dream home comes on tomorrow and 3 people bid for it and they've all got an offer on theirs already ?

If you were the seller would you give someone in your position the time of day?

If i were the seller i would prefer someone who has finally identified my home as their perfect home after many months of searching than somone who has just had an offer on their house and is sticking pins on their laptop screen and making offers on whatever property is under that pin in a desperate attempt to find a property before their buyer gets impatient. OP is much less likely to pull out several months down the line.

AnotherJoe

moneysavinghero said:

AnotherJoe said:

I didnt care who viewed mine back in September /October last, but I know some EAs and sellers round here at the time wouldnt even ntertain a viewing unless the viewers house is on sale, and in some cases, under offer !

Plus,with it being a  sellers market right now, and you are waiting for that one special "dream" house, IMO you arent doing yourself any favours by not even being for sale.

What happens if your dream home comes on tomorrow and 3 people bid for it and they've all got an offer on theirs already ?

If you were the seller would you give someone in your position the time of day?

If i were the seller i would prefer someone who has finally identified my home as their perfect home after many months of searching than somone who has just had an offer on their house and is sticking pins on their laptop screen and making offers on whatever property is under that pin in a desperate attempt to find a property before their buyer gets impatient. OP is much less likely to pull out several months down the line.

Seems a bit of wishful thinking there or maybe projection

I had 3 offers on my house, one of which I discarded  because the "buyers" weren't under off so their offer was purely theoretical. Nothing I could do with it. same reason I didnt offer on a couple of decent houses i saw before I had one on mine, its just words. And they both went, to peopel in a chain, within a week.

The other 2 offers to me were from people who able to buy because they were prepared enough to buy they'd done the work to 'sell' their house / get a mortgage offer. I went with one of those. Not dreamers with promises.

Its more likely the dreamer who hasnt done the work to get their house on sale even though they need to buy,will fall out (had that happen before, learned a lesson there) 

 

mrsmortgage

I know as the buyer I would walk away if I was the vendor! As a vendor well I think I would accept my own offer, but I'd rather give my house to someone who will look after it than someone who's just buying because they cant find something better 

Redwino222

I looked for years.  Had a small search area and very specific ideas!  When the perfect house came up I immediately put my house on the market with the same agent.  Unfortunately it has all happened in the middle of a crazy market!

I has worked out so far, at the moment sale agreed on both properties.  I spent the time I was looking Doing cosmetic improvements to my house which helped it sell quickly.

could all fall apart though!  

mrsmortgage

@redwino you give me hope!

mrsmortgage

Well we decided against the new builds, way too small and claustrophobic for us. My husband is not very convinced about leafleting but at least we've found two streets we'd definitely do it. 

AnotherJoe

mrsmortgage said:

Well we decided against the new builds, way too small and claustrophobic for us. My husband is not very convinced about leafleting but at least we've found two streets we'd definitely do it. 

What have you got to lose? This did work for a friend of mine, astonishingly* a few years after he leafleted. And it was for a specific house not an area.

* because the owners must have kept his note for that time