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House not selling

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Comments

  • Herzlos
    Herzlos Posts: 15,997 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Hb92 said:
    So i'm back at the start again! Buyer has decided the spare rooms are too small and has backed out!

    So back on the market it goes after me already paying money to solicitors! Is this normal or not? I've had 2 buyers pull out now in like 3 weeks!
    I think buyers pulling out is very normal now, yes.

    Buyers (and sellers) pulling out has alway's been pretty normal. That the house is getting a steady (albeit slow) stream of viewings implies that price isn't the issue no matter how much you complain it is.

    @Hb92 can you bring an impartial visitor in to give some harsh criticism on the place to see if there are any small changes you can make to make the place more sellable? A lot of buyers have no imagination so you need to have everything as clear and open for them as possible.
  • RAS
    RAS Posts: 35,913 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Hb92 said:
    Have decided to paint the spare rooms white so it's a blank canvas and possibly will make the rooms look bigger and brighter. EA also informed me that making sure the spare room (my old bedroom) is empty (my ex has his boxes in there) so i'll be trying to find space in the loft for those so hopefully that room being empty will help. Have a viewing booked in for 10am tomorrow. 
    Rather than lugging the boxes into the loft, can you arrange them into a "bed" and top with some bedding. I had to advise the EA not to sit on one. It comprised of everything that had been in the linen cupboard topped by a spare duvet and a throw. Looked real enough.
    If you've have not made a mistake, you've made nothing
  • Hb92
    Hb92 Posts: 51 Forumite
    Fourth Anniversary 10 Posts Name Dropper
    Herzlos said:
    Hb92 said:
    So i'm back at the start again! Buyer has decided the spare rooms are too small and has backed out!

    So back on the market it goes after me already paying money to solicitors! Is this normal or not? I've had 2 buyers pull out now in like 3 weeks!
    I think buyers pulling out is very normal now, yes.

    Buyers (and sellers) pulling out has alway's been pretty normal. That the house is getting a steady (albeit slow) stream of viewings implies that price isn't the issue no matter how much you complain it is.

    @Hb92 can you bring an impartial visitor in to give some harsh criticism on the place to see if there are any small changes you can make to make the place more sellable? A lot of buyers have no imagination so you need to have everything as clear and open for them as possible.
    Having an impartial visitor seems like a great idea. I've got a few people I could ask to see if I can make any small changes. Thanks for the advice
  • Hb92
    Hb92 Posts: 51 Forumite
    Fourth Anniversary 10 Posts Name Dropper
    RAS said:
    Hb92 said:
    Have decided to paint the spare rooms white so it's a blank canvas and possibly will make the rooms look bigger and brighter. EA also informed me that making sure the spare room (my old bedroom) is empty (my ex has his boxes in there) so i'll be trying to find space in the loft for those so hopefully that room being empty will help. Have a viewing booked in for 10am tomorrow. 
    Rather than lugging the boxes into the loft, can you arrange them into a "bed" and top with some bedding. I had to advise the EA not to sit on one. It comprised of everything that had been in the linen cupboard topped by a spare duvet and a throw. Looked real enough.
    Haha what a great idea! I found some room in the hall cupboard and the old coal shed cupboard opposite my kitchen so i have arranged them neatly in there for now. I had a viewing today at 10am so at least the room was empty for the viewer, and i'll be painting it this afternoon. Just having the room empty it already looks so much bigger so hopefully the white paint will help. If i need to move the boxes i will definitely do your idea!
  • ReadySteadyPop
    ReadySteadyPop Posts: 1,824 Forumite
    1,000 Posts Photogenic First Anniversary Name Dropper
    Herzlos said:
    Hb92 said:
    So i'm back at the start again! Buyer has decided the spare rooms are too small and has backed out!

    So back on the market it goes after me already paying money to solicitors! Is this normal or not? I've had 2 buyers pull out now in like 3 weeks!
    I think buyers pulling out is very normal now, yes.

    Buyers (and sellers) pulling out has alway's been pretty normal. That the house is getting a steady (albeit slow) stream of viewings implies that price isn't the issue no matter how much you complain it is.

    @Hb92 can you bring an impartial visitor in to give some harsh criticism on the place to see if there are any small changes you can make to make the place more sellable? A lot of buyers have no imagination so you need to have everything as clear and open for them as possible.
    Viewings on their own don`t mean that much, what counts is actual offers and then the buyer`s lender valuation to see if that offer is realistic, because lenders are being very careful in this environment the OP needs to move fast and not spend too much time on "staging".
  • ReadySteadyPop
    ReadySteadyPop Posts: 1,824 Forumite
    1,000 Posts Photogenic First Anniversary Name Dropper
    Hb92 said:
    RAS said:
    Hb92 said:
    Have decided to paint the spare rooms white so it's a blank canvas and possibly will make the rooms look bigger and brighter. EA also informed me that making sure the spare room (my old bedroom) is empty (my ex has his boxes in there) so i'll be trying to find space in the loft for those so hopefully that room being empty will help. Have a viewing booked in for 10am tomorrow. 
    Rather than lugging the boxes into the loft, can you arrange them into a "bed" and top with some bedding. I had to advise the EA not to sit on one. It comprised of everything that had been in the linen cupboard topped by a spare duvet and a throw. Looked real enough.
    Haha what a great idea! I found some room in the hall cupboard and the old coal shed cupboard opposite my kitchen so i have arranged them neatly in there for now. I had a viewing today at 10am so at least the room was empty for the viewer, and i'll be painting it this afternoon. Just having the room empty it already looks so much bigger so hopefully the white paint will help. If i need to move the boxes i will definitely do your idea!
    Clearing rooms and painting a neutral colour is a good move but beware of getting caught in the "staging loop".
  • Herzlos
    Herzlos Posts: 15,997 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Herzlos said:
    Hb92 said:
    So i'm back at the start again! Buyer has decided the spare rooms are too small and has backed out!

    So back on the market it goes after me already paying money to solicitors! Is this normal or not? I've had 2 buyers pull out now in like 3 weeks!
    I think buyers pulling out is very normal now, yes.

    Buyers (and sellers) pulling out has alway's been pretty normal. That the house is getting a steady (albeit slow) stream of viewings implies that price isn't the issue no matter how much you complain it is.

    @Hb92 can you bring an impartial visitor in to give some harsh criticism on the place to see if there are any small changes you can make to make the place more sellable? A lot of buyers have no imagination so you need to have everything as clear and open for them as possible.
    Viewings on their own don`t mean that much, what counts is actual offers and then the buyer`s lender valuation to see if that offer is realistic, because lenders are being very careful in this environment the OP needs to move fast and not spend too much time on "staging".

    Viewings mean that the buyer likes the house (and the price) well enough to talk to the estate agent and view it. So it normally means something else is putting them off.

    Staging is definitely important because impressions count with buyers.
  • ReadySteadyPop
    ReadySteadyPop Posts: 1,824 Forumite
    1,000 Posts Photogenic First Anniversary Name Dropper
    Herzlos said:
    Herzlos said:
    Hb92 said:
    So i'm back at the start again! Buyer has decided the spare rooms are too small and has backed out!

    So back on the market it goes after me already paying money to solicitors! Is this normal or not? I've had 2 buyers pull out now in like 3 weeks!
    I think buyers pulling out is very normal now, yes.

    Buyers (and sellers) pulling out has alway's been pretty normal. That the house is getting a steady (albeit slow) stream of viewings implies that price isn't the issue no matter how much you complain it is.

    @Hb92 can you bring an impartial visitor in to give some harsh criticism on the place to see if there are any small changes you can make to make the place more sellable? A lot of buyers have no imagination so you need to have everything as clear and open for them as possible.
    Viewings on their own don`t mean that much, what counts is actual offers and then the buyer`s lender valuation to see if that offer is realistic, because lenders are being very careful in this environment the OP needs to move fast and not spend too much time on "staging".

    Viewings mean that the buyer likes the house (and the price) well enough to talk to the estate agent and view it. So it normally means something else is putting them off.

    Staging is definitely important because impressions count with buyers.
    Many buyers now view with the intention of getting the price reduced, hence comments about "lack of space" and "garden size" etc. and unless they are paying with their own cash there is a strong chance now that their lender will reduce the value.
  • Herzlos
    Herzlos Posts: 15,997 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Herzlos said:
    Herzlos said:
    Hb92 said:
    So i'm back at the start again! Buyer has decided the spare rooms are too small and has backed out!

    So back on the market it goes after me already paying money to solicitors! Is this normal or not? I've had 2 buyers pull out now in like 3 weeks!
    I think buyers pulling out is very normal now, yes.

    Buyers (and sellers) pulling out has alway's been pretty normal. That the house is getting a steady (albeit slow) stream of viewings implies that price isn't the issue no matter how much you complain it is.

    @Hb92 can you bring an impartial visitor in to give some harsh criticism on the place to see if there are any small changes you can make to make the place more sellable? A lot of buyers have no imagination so you need to have everything as clear and open for them as possible.
    Viewings on their own don`t mean that much, what counts is actual offers and then the buyer`s lender valuation to see if that offer is realistic, because lenders are being very careful in this environment the OP needs to move fast and not spend too much time on "staging".

    Viewings mean that the buyer likes the house (and the price) well enough to talk to the estate agent and view it. So it normally means something else is putting them off.

    Staging is definitely important because impressions count with buyers.
    Many buyers now view with the intention of getting the price reduced, hence comments about "lack of space" and "garden size" etc. and unless they are paying with their own cash there is a strong chance now that their lender will reduce the value.

    But none of them are making cheeky offers. I don't think it's price.

    I think it's more likely that the estate agent has made the space seem bigger than it is.
  • ReadySteadyPop
    ReadySteadyPop Posts: 1,824 Forumite
    1,000 Posts Photogenic First Anniversary Name Dropper
    Herzlos said:
    Herzlos said:
    Herzlos said:
    Hb92 said:
    So i'm back at the start again! Buyer has decided the spare rooms are too small and has backed out!

    So back on the market it goes after me already paying money to solicitors! Is this normal or not? I've had 2 buyers pull out now in like 3 weeks!
    I think buyers pulling out is very normal now, yes.

    Buyers (and sellers) pulling out has alway's been pretty normal. That the house is getting a steady (albeit slow) stream of viewings implies that price isn't the issue no matter how much you complain it is.

    @Hb92 can you bring an impartial visitor in to give some harsh criticism on the place to see if there are any small changes you can make to make the place more sellable? A lot of buyers have no imagination so you need to have everything as clear and open for them as possible.
    Viewings on their own don`t mean that much, what counts is actual offers and then the buyer`s lender valuation to see if that offer is realistic, because lenders are being very careful in this environment the OP needs to move fast and not spend too much time on "staging".

    Viewings mean that the buyer likes the house (and the price) well enough to talk to the estate agent and view it. So it normally means something else is putting them off.

    Staging is definitely important because impressions count with buyers.
    Many buyers now view with the intention of getting the price reduced, hence comments about "lack of space" and "garden size" etc. and unless they are paying with their own cash there is a strong chance now that their lender will reduce the value.

    But none of them are making cheeky offers. I don't think it's price.

    I think it's more likely that the estate agent has made the space seem bigger than it is.
    "We had a couple offer us £150k which was immediately turned down, it wouldn't even cover our mortgage. We only bought the house in Feb 2023 so haven't had it for too long. We originally bought the house for £170k."

    What would you consider a "cheeky offer"?
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