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Is The Market Really That Bad

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Comments

  • ReadySteadyPop
    ReadySteadyPop Posts: 1,885 Forumite
    1,000 Posts Photogenic First Anniversary Name Dropper
    Thanks for all the replies. House went on the market 10 days ago. Unfortunately no enquiries yet. Loads of advert views but i guess that is people just looking.

    From what im seeing nothing seems to be moving at all in this price range. 

    We are in no rush to sell so will see how it goes. Cant decide weather just leaving it on the market is damaging or if it would be worth taking it of before Christmas and going again in March.
    We are keeping ours on for the minimum term, if we haven't sold we'll come off the market and try again in two years. 
    I'm not seeing a huge amount moving to sold, but if you've marketed £50k under I would have thought you'd have had some enquiries in 10 days, but perhaps the SE market is more challenging. 

    We are in the SW, I understand Bristol is still  quite buoyant, but where we are it's been really slow
    What is the thinking behind the two years timing?
    Not really any of your business to be honest, but it's in no way linked to what I think the market will or won't do
    Ok, that sounds sensible, I can`t really see things getting any financially easier for most people in two years time.
  • ReadySteadyPop
    ReadySteadyPop Posts: 1,885 Forumite
    1,000 Posts Photogenic First Anniversary Name Dropper
    Thanks for all the replies. House went on the market 10 days ago. Unfortunately no enquiries yet. Loads of advert views but i guess that is people just looking.

    From what im seeing nothing seems to be moving at all in this price range. 

    We are in no rush to sell so will see how it goes. Cant decide weather just leaving it on the market is damaging or if it would be worth taking it of before Christmas and going again in March.
    We are keeping ours on for the minimum term, if we haven't sold we'll come off the market and try again in two years. 
    I'm not seeing a huge amount moving to sold, but if you've marketed £50k under I would have thought you'd have had some enquiries in 10 days, but perhaps the SE market is more challenging. 

    We are in the SW, I understand Bristol is still  quite buoyant, but where we are it's been really slow
    50k under only works if it is really undercutting previous sold prices, just tinkering with over ambitious asking prices doesn`t work now.
  • GDB2222
    GDB2222 Posts: 26,429 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Thanks for all the replies. House went on the market 10 days ago. Unfortunately no enquiries yet. Loads of advert views but i guess that is people just looking.

    From what im seeing nothing seems to be moving at all in this price range. 

    We are in no rush to sell so will see how it goes. Cant decide weather just leaving it on the market is damaging or if it would be worth taking it of before Christmas and going again in March.
    We are keeping ours on for the minimum term, if we haven't sold we'll come off the market and try again in two years. 
    I'm not seeing a huge amount moving to sold, but if you've marketed £50k under I would have thought you'd have had some enquiries in 10 days, but perhaps the SE market is more challenging. 

    We are in the SW, I understand Bristol is still  quite buoyant, but where we are it's been really slow
    What is the thinking behind the two years timing?
    Not really any of your business to be honest, but it's in no way linked to what I think the market will or won't do

    I think it's quite a strain having your house on the market. 


    No reliance should be placed on the above! Absolutely none, do you hear?
  • GDB2222 said:
    Thanks for all the replies. House went on the market 10 days ago. Unfortunately no enquiries yet. Loads of advert views but i guess that is people just looking.

    From what im seeing nothing seems to be moving at all in this price range. 

    We are in no rush to sell so will see how it goes. Cant decide weather just leaving it on the market is damaging or if it would be worth taking it of before Christmas and going again in March.
    We are keeping ours on for the minimum term, if we haven't sold we'll come off the market and try again in two years. 
    I'm not seeing a huge amount moving to sold, but if you've marketed £50k under I would have thought you'd have had some enquiries in 10 days, but perhaps the SE market is more challenging. 

    We are in the SW, I understand Bristol is still  quite buoyant, but where we are it's been really slow
    What is the thinking behind the two years timing?
    Not really any of your business to be honest, but it's in no way linked to what I think the market will or won't do

    I think it's quite a strain having your house on the market. 


    Yes, I don't really want to put all of my life on here, but in two years time we aren't quite so tied to the area and our options are much greater. We should in theory be better off financially further improving our options and choices.


    Make £2023 in 2023 (#36) £3479.30/£2023

    Make £2024 in 2024...
  • Herzlos
    Herzlos Posts: 16,043 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Thanks for all the replies. House went on the market 10 days ago. Unfortunately no enquiries yet. Loads of advert views but i guess that is people just looking.

    From what im seeing nothing seems to be moving at all in this price range. 

    We are in no rush to sell so will see how it goes. Cant decide weather just leaving it on the market is damaging or if it would be worth taking it of before Christmas and going again in March.
    We are keeping ours on for the minimum term, if we haven't sold we'll come off the market and try again in two years. 
    I'm not seeing a huge amount moving to sold, but if you've marketed £50k under I would have thought you'd have had some enquiries in 10 days, but perhaps the SE market is more challenging. 

    We are in the SW, I understand Bristol is still  quite buoyant, but where we are it's been really slow
    50k under only works if it is really undercutting previous sold prices, just tinkering with over ambitious asking prices doesn`t work now.

    Incorrect, £50k under only works if that's what it's *worth*. previous sold and asking prices are guidelines only. 

  • Mine doesn't really have anything comparable in the local area, some have slightly more land but smaller houses that need updating and most houses around here are half the size. This house has never been on the market before.

    In my my mind the only way to move it quickly would be to reduce it by the £455,000 to come under the 2 mark. However the EA suggests this isn't necessary 
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