Pricing strategy - what price to list at?

Thrugelmir

steampowered said:

These days, anyone can look at sold house prices on Zoopla and immediately have a very good idea of what the property is worth. 

Rightmove lists actual sold prices though this data lags the market in real time. EA's are the best people to ask. 

Mahsroh

Thrugelmir said:

steampowered said:

These days, anyone can look at sold house prices on Zoopla and immediately have a very good idea of what the property is worth. 

Rightmove lists actual sold prices though this data lags the market in real time. EA's are the best people to ask. 

Land Registry generally have the info available for public viewing ahead of RM and Zoopla too. Property I sold (completed late November) is now updated on Land Registry although our purchase (completed on the same day) isn't yet. LR were much quicker in updating the title deeds for the sale though (early December vs late January for our Purchase). 

julicorn

propertyhunter said:

So happy you got a price you're happy with! Good luck with the sale! 

Thank you, fingers crossed it all goes smoothly now 😊

Hobby83

julicorn said:

julicorn said:

NameUnavailable said:

I personally hate the 'guide price' approach - that should be kept for auctions. Most buyers will probably start at around £300K and you have to haggle them up. Likewise the 'offers over' as it suggests you would be happy with £300K but will try for a bit more.

Better IMHO to list at £325K.

I'd be interested to hear the feedback from your viewings to prove me wrong!

Honestly after sitting on it for a week, £300k seems decent to us and would get us the sort of house we're looking for, £310k we'd be happy with, and if it's somehow more than that then it's more than that. All the different listing strategies have their disadvantages, and we ended up going with the one we felt would attract interest, but also indicate that we're ideally looking for offers somewhere in the middle ("offers over" always feels like £500 over would do the trick), while still playing the silly Rightmove price band game all the EAs seem to be playing around here. 
I'll definitely report back though

Final update: We've accepted an offer of £310k today. Thank you all again for your help  

Congratulation. I wish you a smooth sale and the next place is that of your dreams! 

julicorn

Hobby83 said:

julicorn said:

julicorn said:

NameUnavailable said:

I personally hate the 'guide price' approach - that should be kept for auctions. Most buyers will probably start at around £300K and you have to haggle them up. Likewise the 'offers over' as it suggests you would be happy with £300K but will try for a bit more.

Better IMHO to list at £325K.

I'd be interested to hear the feedback from your viewings to prove me wrong!

Honestly after sitting on it for a week, £300k seems decent to us and would get us the sort of house we're looking for, £310k we'd be happy with, and if it's somehow more than that then it's more than that. All the different listing strategies have their disadvantages, and we ended up going with the one we felt would attract interest, but also indicate that we're ideally looking for offers somewhere in the middle ("offers over" always feels like £500 over would do the trick), while still playing the silly Rightmove price band game all the EAs seem to be playing around here. 
I'll definitely report back though

Final update: We've accepted an offer of £310k today. Thank you all again for your help  

Congratulation. I wish you a smooth sale and the next place is that of your dreams! 

Thank you, really appreciate that