Feeling rushed

lookstraightahead

propertyrental said:

It's reasonable to take.... as long as it takes!
You cannot make the decision to buy elsewhere till you find the right property for you.
I had an offer accepted last April and still waiting for sellers to find somewhere.... Admittedly at the time they said they were looking for a retirement bungalow (notoriously hard to find) and were not going to just buy the 1st one they saw. And I said I was in no hurry/prepared to wait, but the point is a) communication /mutual understanding is important and b) no one can rush you.
If it takes you time and your buyers don't want to wait, find other buyers/re-market, and let them find a different house to buy!

Are you a cash buyer? This must be costing you with regards to mortgage interest rates, bank valuation and your time.

They don't sound serious about moving at all. 

SuzeQStan

Estate agents like to pile on the pressure - completely disregard anything they say and you go at your own pace! Besides your property sold full asking in 24hrs - so don’t worry you can sell to someone else should your buyer not be willing to wait a reasonable time. Our sellers EA was dreadful telling us we were letting the whole chain down by not being ready to move quickly enough. I know it’s their job to push the sales through, but it was all lies spouted and created unnecessary stress. The sale went through despite the dreadful EA - and certainly no thanks to them either.

jenni_fer

Take your time, but be honest with the buyers.
As has been mentioned above, they will have taken an amount of time to find your property so should have an appreciation for the fact that it takes time.
That said, different people have different views on what is acceptable and you may find if you take too long your buyer will look around and could pull out...given you sold it in 24hrs this doesn't feel like the end of the world for your property (although only you know this).
Our buyers waited from Jan to October for us to finally complete the chain (crazy market here, lots of offers way over asking and other dramas that I won't go into!), their buyers waited from Oct 21!

Think about the end result, the house you buy is where you will live for the next x years, the buyer you sell to will be long forgotten.

lookstraightahead

Op, you really need to find out what the buyers status is before you decide how long to take. Remember the point is that you want to sell and move on. Don't buy in a rush, but you could sell quicker, 

Karr55

Thanks all, the buyer is temporarily living with a family member and hasn’t had a survey on my property yet. I think mine was the first house they looked at. The estate agents know I am actively looking for somewhere to buy and I have already viewed some places. 

Mutton_Geoff

Karr55 said:

My house went on Rightmove last week and sold for the asking price the next day. The estate agents have contacted me to ask if I’m looking for a new house. Obviously I am - it’s 4.34 am and I’ve been on Rightmove since 2 am. How long is it reasonable for me to find a new house? It’s a big decision and houses in my price range are in short supply. I don’t want to be rushed into buying the wrong place. 

Are you a first time seller? I doubt your house sold the next day, I think what you mean is that you accepted an asking price offer the following day. It is a long way from being sold, and at that price, just yet. What are the buyers circumstances? Are you prepared to move into rented if you can't find anywhere suitable in the next few months. Have your buyers asked for or been promised anything ridiculous like "in by Christmas/New Year"?