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What's the best wording if you want a quick sale?

FlorayG
Posts: 2,056 Forumite

"Offers in the region of..." or name a price? If I name a price, should it be higher than I'm willing to accept? Or the figure I will accept? Or even "offers over..." and name my rock bottom price, to raise interest? Is "motivated seller" as I've seen in some adverts really a useful thing to say? It always makes me suspicious when I see that
I'm willing to accept less than top market value but obviously want to raise as much as possible from it.
For context, it's a rental I have on BTL which will soon be vacant, so of course I want to be paying all the bills on it for as short a time as possible. I'm trying to balance ongoing costs against sale costs
I'm willing to accept less than top market value but obviously want to raise as much as possible from it.
For context, it's a rental I have on BTL which will soon be vacant, so of course I want to be paying all the bills on it for as short a time as possible. I'm trying to balance ongoing costs against sale costs
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I don't think any of the oiro, in excess of, etc etc wording makes much difference tbh. I'd just go with guide price. Personally I think if it said highly motivated seller I would interpret that as they may be more likely to consider a cheeky offer so would maybe go in lower than otherwise. But whether any of that makes any difference to how long it really takes, who knows? You could accept a quick, low offer just to get it sold, but it could fall through late in the process, or drag on due to chain issues, and end up taking just as long to go through.0
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FlorayG said:"Offers in the region of..." or name a price? If I name a price, should it be higher than I'm willing to accept? Or the figure I will accept? Or even "offers over..." and name my rock bottom price, to raise interest? Is "motivated seller" as I've seen in some adverts really a useful thing to say? It always makes me suspicious when I see that
I'm willing to accept less than top market value but obviously want to raise as much as possible from it.
For context, it's a rental I have on BTL which will soon be vacant, so of course I want to be paying all the bills on it for as short a time as possible. I'm trying to balance ongoing costs against sale costs0 -
what does your estate agent recommend?1
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FREE (thats got to be the best wording🤪)7
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I would actually price it for quick sale in the first place, put 'OIRO' or just a straight price (definitely not 'offers over') and write 'priced for quick sale' in the highlights bit at the top of the listing where they normally put 'no onward chain'. To me that would make the intention clear and mitigate doubts over 'why is this house cheap?'.3
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Just state a price and the words "no chain". Agent can say (if asked) "LL selling their rental"If you are querying your Council Tax band would you please state whether you are in England, Scotland or Wales0
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DullGreyGuy said:FlorayG said:"Offers in the region of..." or name a price? If I name a price, should it be higher than I'm willing to accept? Or the figure I will accept? Or even "offers over..." and name my rock bottom price, to raise interest? Is "motivated seller" as I've seen in some adverts really a useful thing to say? It always makes me suspicious when I see that
I'm willing to accept less than top market value but obviously want to raise as much as possible from it.
For context, it's a rental I have on BTL which will soon be vacant, so of course I want to be paying all the bills on it for as short a time as possible. I'm trying to balance ongoing costs against sale costs0 -
We just bought and when making clear it’s chain free is definitely a good thing. I agree with you and would avoid the ‘motivated seller’ as it just reads as ‘desperate’. I don’t like listings that say offers over. I prefer to see just a price than offers in the region off, i think that sounds confusing or the seller isn’t exactly sure what they are looking for. I think I would get it on the market as a straight forward (and simple) listing and see what happens, how much interest you get.2
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I don't think there is any wording that will make a real difference to level of interest or speed of sale.
The price will make a difference to the level of interest and speed of sale.0 -
I think the 'no chain' will attract, as well as a clear floor plan. Good luck.£216 saved 24 October 20141
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