Trying to sell no viewers-Help!

Bf109

Looking at rightmove there are two and half pages of places that are either cheaper or the same price as yours.

There are no "sold stc" places on those pages either which indicates a very slow market.

Oh, and take away the "Offers in excess of" tag. Thats a major turn off for many prospective buyers.

Edit - I also just noticed that you can get a 3-bed terraced house in the same area for almost the same price you are asking.

Hmm let me think... two bed flat or three bed house?...two bed flat or three bed house?...two bed flat or three bed house?...Oh! Which should I choose!

pocosonia

Bf109 wrote: »

OK, here is some feedback.

Your property is so overpriced that no one will even come and look at it.

Hows that?

that's great. lucky i don't want you to buy it lol

JoJoB

I had the same problem - in 3 months did not have one viewing. Reduced by £10 grand 3 weeks ago and have had 4 viewings. Tis really that simple I'm afraid. I didn't see the point in hanging on for a few more months just to see the market go down even more and be forced to reduce anyway. Why not just do it now? It's hardly good news stories about the market is it, it ain't going to improve in the forseeable so cut your losses and get it sold sharpish by dropping the price IMO.

Jorgan_2

OP, what sort of management fees do you have to pay with property?

Phirefly

neas wrote: »

What a newb...

check you out, old timer

neas

Debt_Free_Chick wrote: »

Looks like it's on Rightmove as well

I wouldn't pay 130k . 2 Bedrooom... with little light, large concentration of neightbours... reminds me of poland.

Good Luck OP, you'll need it.

Vested interest comes into play again, you were once a FTB and got conned into buying at a high price i guess (or you wouldn't be too bothere about selling too low as mortgage is lower LTV than you bought at) but now the ex-FTB wants house prices to rise... its a vicious circle... somenoes gotta get burnt,.... and this time its not me (The FTB)

wigglebeena

pocosonia wrote: »

that's great. lucky i don't want you to buy it lol

so you'd tell him to keep his money if he offered you the asking price? Just what I'm looking for, a moody emotional seller.

neas

wigglebeena wrote: »

so you'd tell him to keep his money if he offered you the asking price? Just what I'm looking for, a moody emotional seller, reluctant to negotiate in a buyers market.

Edited your response for ya

Doozergirl

pocosonia wrote: »

hi everyone

thanks for your comments. i would be willing to reduce the price but from looking at other similar flats in the area - i believe that it is fairly priced.
however we do have room to move with the price but wanted a bit of feedback first....

Bf109's comment was harsh sweetie but it is, unfortunately, absolutely true. The feedback is that people see your flat, see the price and decide on what they see not to view. If you have given it 'months' then your feedback is clear.

If I had not had a viewing within 'weeks' I would make a price drop. If you have not had a viewer in 'months' I would make a significant price drop.

You need to find the price range where flats are selling. Flats sitting on the market more expensive, not as good as yours? Ignore them, they're not getting any viewings either.

I'm not a forum bully, I sell houses.

fimonkey

Once again the voice of reason (Doozergirl) speaks, without sarcasm, malice or bullying. I second what Doozer says.. not that I have any authority, I am merely a potential FTB who can afford a two bed leasehold flat (roughly same price as yours), but I'm holding out for the sign that a two bed freehold terrace will become within my grasp soon by a combination of stagnating prices/drops and adding more to my deposit each month.