for those with there house for sale how low are the silly offers coming in at ?

macaque_2

LizzieandThomas wrote: »

have heard from a few friends who have had really low offers and i have too, ok so the market is slow but what makes people think we will give our house away !!!!!!

im on at 140k (under recommended price), been on 4 days and got a stupid offer of 115k !!!!!!

If £115k is the best offer you have had, that is its current market value. You may not like it but thats the way markets work. If you do manage to get £115k, you are not giving it away. You are selling it for as much money as many people can save in a life time.

You may choose to sit it out and this may pay off. It has certainly paid off in the past. If it turns out that we have just witnessed a market top however, hanging onto your property could cost you dearly and you may be punished for your greed. Having said that, if you are looking to trade up, sitting tight could be a better ploy anyway.

LizzieandThomas

My money is tied up in my home, i have had a baby recently and didnt want to spend the extra money on a hip if i didnt need too. I have nothing to hide - if i felt viewers were put off by this i would pay for one if it meant selling my house.

Aiko_2

LizzieandThomas wrote: »

Im upset by the fact i have come across the wrong way.

Don't be - it's not your fault.

The whole ethos of this forum has changed for the worst lately.

People used to help each other out - try to get the best price for each other whether buying or selling.

Regardless of whether a poster believed in a house price crash or not this forum was there to be on your side and help you get the best deal.

Now it's mostly self interest.

Lots of people/identities on here don't want to help you at all; they just want to help themselves.

mr.broderick

Aiko wrote: »

Don't be - it's not your fault.

The whole ethos of this forum has changed for the worst lately.

People used to help each other out - try to get the best price for each other whether buying or selling.

Regardless of whether a poster believed in a house price crash or not this forum was there to be on your side and help you get the best deal.

Now it's mostly self interest.

Lots of people/identities on here don't want to help you at all; they just want to help themselves.

Care to mention names? I hope i don't fall in to this category, this to me is a very poor generalisation and doesn't help anyone on here...

LizzieandThomas

macaque wrote: »

If £115k is the best offer you have had, that is its current market value. You may not like it but thats the way markets work. If you do manage to get £115k, you are not giving it away. You are selling it for as much money as many people can save in a life time.

.

it the best offer i have had yes - but i have only been on the market less than a week !

the_bread_baron

fyi: a freind of mines mum had an ex council house for sale in 04. the agents 'valued' it at 140k. in 2 years she have not one viewing. i said to her that its been overvalued and she should lower the price a little.

"oh im not giving it away" she said.

2 months ago she took 92k.
no other offers and she got into trouble with debt and HAD to sell.

she chased the market down. in 06, she may have got 120k, but the estate agent had plied her mind with the impossible figure of 140k and she set her heart on nothing less.

its the buyers that set the price - not the sellers.

johnny_storm

Aiko wrote: »

Don't be - it's not your fault.

The whole ethos of this forum has changed for the worst lately.

People used to help each other out - try to get the best price for each other whether buying or selling.

Regardless of whether a poster believed in a house price crash or not this forum was there to be on your side and help you get the best deal.

Now it's mostly self interest.

Lots of people/identities on here don't want to help you at all; they just want to help themselves.

It could be argued that warning Lizzie that she may end up selling for less than £115k if she holds out is of great help.

Personally Id rather hear someones real opinion than always be told im right, if thats the change in ethos that you speak of then surely it is about time.

BettiePage

LizzieandThomas wrote: »

it the best offer i have had yes - but i have only been on the market less than a week !

Negotiate! You've said that you're an exea, so surely you know how to play the game?

andysstuff_2

As the OP says, they have had an offer within a week of putting it on the market, which suggests it's highly saleable as the average time last month to sell was over 8 weeks.

TBH I'd be tempted to hang out for a higher offer if it were my place.

Merton

LizzieandThomas wrote: »

My money is tied up in my home, i have had a baby recently and didnt want to spend the extra money on a hip if i didnt need too. I have nothing to hide - if i felt viewers were put off by this i would pay for one if it meant selling my house.

It would definitely be worth paying for one if you are serious about selling. It's a buyers' market and there is plenty of choice out there. Good luck!