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What should i say?

Some advice, I'm just about to put the house on the market as the OH and I have separated and are moving on. She is still living in the house in the back bedroom untill it is sold

My Question is simple, should i tell my agent etc that this is the situation, we want to get the best price obviously and wonder if this information might put is in a position where others bid low just because they think we will want a quick sale?

What do you rekon?
«1

Comments

  • SquatNow
    SquatNow Posts: 2,285 Forumite
    If you want a quick sale you will have to price the property EXCEPTIONALLY LOW anyway.

    No-one is buying. No-one is lending.

    The party is over.
    Bankruptcy isn't the worst that can happen to you. The worst that can happen is your forced to live the rest of your life in abject poverty trying to repay the debts.
  • TBeckett100
    TBeckett100 Posts: 4,732 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Cashback Cashier
    keep quiet, we are buying from a divocring couple and my first thought was £££'s off.
  • TBeckett100
    TBeckett100 Posts: 4,732 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Cashback Cashier
    SquatNow wrote: »
    If you want a quick sale you will have to price the property EXCEPTIONALLY LOW anyway.

    No-one is buying. No-one is lending.

    The party is over.

    cup half empty?
  • cats!
    cats! Posts: 267 Forumite
    Personally, I would not divulge this info. People might think you are distressed sellers and make a low offer.

    I would simply keep quiet (is the agent doing the viewings?), if asked, just say you feel it's time for a change.
  • Doozergirl
    Doozergirl Posts: 34,082 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    If they make a low offer you can reject it. :confused:

    People usually make offers based on the house, not the people in it. People always ask why you're selling. I'd just tell the truth. it doesn't always mean you're after a quick sale. A low asking price would indicate that!
    Everything that is supposed to be in heaven is already here on earth.
  • Rob50k
    Rob50k Posts: 53 Forumite
    Part of the Furniture Combo Breaker
    keep quiet, we are buying from a divocring couple and my first thought was £££'s off.

    Cheers,

    This is exactly what i thought,
  • Nenen
    Nenen Posts: 2,379 Forumite
    Part of the Furniture Combo Breaker
    Sorry to hear of your separation but I'd keep quiet to EAs and viewers if I were you! I don't think separating couples are always desperate to sell or prepared to 'give away' their house just because they are separating. I actually think many separating couples hang out for every penny as they need all the money they can get to start again and I'm reluctant to be caught in the middle. I know it's very prejudiced and based on one bad experience etc but when we are viewing and get told it is a couple who are separating it puts me off because during a previous move we got really messed about by a divorcing couple. The husband was desperate to sell up in order to buy somewhere with new and pregnant gf so ex-wife-to-be made things as difficult and slow as possible for everyone in order to get back at her dh. We got embroiled in their mess and it became very stressful as we nearly lost our buyers because of it all. Hope your situation is more amicable and good luck with your selling.
    “A journey is best measured in friends, not in miles.”
    (Tim Cahill)
  • glen8
    glen8 Posts: 212 Forumite
    we know of a couple who are divorcing. The house is going for silly money...BUT....still no viewings :eek:

    If you want to sell.....you need to sell CHEAP unfortunately.

    Example:

    We know they paid £199,950 for it back in Nov 07

    It's on the market for £169,950 and like I said...still no viewers.

    The house is stunning, it's just people aren't buying
  • SquatNow
    SquatNow Posts: 2,285 Forumite
    glen8 wrote: »
    we know of a couple who are divorcing. The house is going for silly money...BUT....still no viewings :eek:

    If you want to sell.....you need to sell CHEAP unfortunately.

    Example:

    We know they paid £199,950 for it back in Nov 07

    It's on the market for £169,950 and like I said...still no viewers.

    The house is stunning, it's just people aren't buying

    At £169,950 a prospective buyer will need a deposit of £17k to get a descent mortgage.

    This is why prices have effectively dropped 50%... banks now expect you to have a 10% cash deposit.
    Bankruptcy isn't the worst that can happen to you. The worst that can happen is your forced to live the rest of your life in abject poverty trying to repay the debts.
  • i dont think its true that people arent selling or buying. there are loads of properties by me that have recently sold.

    ive just sold mine and moving next week.

    stick with a realistic price, check out what others in your area are up for and try not to be biased.

    i only came down £3000 in price from asking price
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