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Why is this house not selling

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  • Hi we have had more viewings,  one was coming back for second viewing but then found a house closer to where they live.  No feedback and no offers.  Price was reduced.  Been trying to present the house the best I can 
    Do you mean another reduction, on top of the 20k reduction?
    Hi it started at 300000 to 325000,  then 290000 and now 270000
    Married 09/09/09
  • Jami74 said:
    I was very recently a first time buyer. There were a couple of houses for sale that I thought ticked the right boxes for me (right number and size of bedrooms, location, drive etc) but had been on the market for 18 months plus. As a very wary FTB I assumed there must be something wrong with them and did not arrange viewings. Also, the fact the pictures of the gardens were taken in the middle of the summer and I was looking in the middle of winter seemed like no-one had bothered to update pictures. Made me wonder if they weren't really for sale or if they were unmortgagable.

    Sorry, I know my attitude was probably wrong but there might be other FTBs with similar concerns.
    Friend of mine FTB actually bought a house that had been on the market for ages, there’s absolutely nothing wrong with it, though having reduced the price once, they stuck out for the new price and wouldn’t reduce it. Looking at what had sold it wasn’t at all overpriced, in fact a good buy. Absolutely no clue why it hadn’t sold, other than it hadn’t!
  • Hi we have had more viewings,  one was coming back for second viewing but then found a house closer to where they live.  No feedback and no offers.  Price was reduced.  Been trying to present the house the best I can 
    Do you mean another reduction, on top of the 20k reduction?
    Hi it started at 300000 to 325000,  then 290000 and now 270000
    Ok, and now some viewer interest has picked up?
  • Bookworm105
    Bookworm105 Posts: 2,016 Forumite
    1,000 Posts First Anniversary Name Dropper
    The first post has the link removed so how are folk commenting on it I wonder ?
    They probably bookmarked the link.
    LOL, anything that offers the chance to say reduce the price is going to get a comment from you
    after all the next house price crash is just coming....
  • The first post has the link removed so how are folk commenting on it I wonder ?
    They probably bookmarked the link.
    LOL, anything that offers the chance to say reduce the price is going to get a comment from you
    after all the next house price crash is just coming....
     How would you sell the house?
  • Herzlos
    Herzlos Posts: 15,880 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    The first post has the link removed so how are folk commenting on it I wonder ?
    They probably bookmarked the link.
    LOL, anything that offers the chance to say reduce the price is going to get a comment from you
    after all the next house price crash is just coming....
    Hey, he only needs an 80%ish percent crash for his master plan to pay off.

  • Herzlos
    Herzlos Posts: 15,880 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    The first post has the link removed so how are folk commenting on it I wonder ?
    They probably bookmarked the link.
    LOL, anything that offers the chance to say reduce the price is going to get a comment from you
    after all the next house price crash is just coming....
     How would you sell the house?

    New estate agent, freshen up and new pictures.
  • Herzlos said:
    The first post has the link removed so how are folk commenting on it I wonder ?
    They probably bookmarked the link.
    LOL, anything that offers the chance to say reduce the price is going to get a comment from you
    after all the next house price crash is just coming....
     How would you sell the house?

    New estate agent, freshen up and new pictures.
    Why is an estate agent who can`t sell a property in 2 years still in business, they must be selling other properties?
  • Herzlos
    Herzlos Posts: 15,880 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    edited 29 November 2024 at 5:58PM
    Herzlos said:
    The first post has the link removed so how are folk commenting on it I wonder ?
    They probably bookmarked the link.
    LOL, anything that offers the chance to say reduce the price is going to get a comment from you
    after all the next house price crash is just coming....
     How would you sell the house?

    New estate agent, freshen up and new pictures.
    Why is an estate agent who can`t sell a property in 2 years still in business, they must be selling other properties?

    Who knows? I don't know if we know who the estate agent is but it could be one of the crappy low cost online ones that get their money from the listing and not the sale. It could be the estate agent has a different specialization, doesn't know the area, or mostly deals with rentals.
  • Herzlos said:
    Herzlos said:
    The first post has the link removed so how are folk commenting on it I wonder ?
    They probably bookmarked the link.
    LOL, anything that offers the chance to say reduce the price is going to get a comment from you
    after all the next house price crash is just coming....
     How would you sell the house?

    New estate agent, freshen up and new pictures.
    Why is an estate agent who can`t sell a property in 2 years still in business, they must be selling other properties?

    Who knows? I don't know if we know who the estate agent is but it could be one of the crappy low cost online ones that get their money from the listing and not the sale. It could be the estate agent has a different specialization, doesn't know the area, or mostly deals with rentals.
    Could be any number of things, what we do know for sure though is that as the asking price has come down the viewings have picked up.
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