How to avoid time wasters?

sugarwalsh

Maybe the trick here is to not see these people as timewasters, but potential purchasers. They may not come up with the right price now, but they could possibly. And living in a community where everyone knows everyone I think you never know who they might mention it to.
If you are not desperate to move then wait - you have only been on the market 10 days!
And, if it is a buyers market and you are a seller who is looking to buy again surely then you don't really loose?

LandyAndy

sugarwalsh wrote: »

Maybe the trick here is to not see these people as timewasters, but potential purchasers. They may not come up with the right price now, but they could possibly. And living in a community where everyone knows everyone I think you never know who they might mention it to.
If you are not desperate to move then wait - you have only been on the market 10 days!
And, if it is a buyers market and you are a seller who is looking to buy again surely then you don't really loose?

Not even a trick, just common sense really. If you're trying to sell something get used to the idea that there may be some 'frog kissing' involved.

neverdespairgirl

Hagazussa wrote: »

Hi all

The houses in our area are usually going for 130k - 140k, ours is up for 120k, because it could do with a new kitchen. We appreciate that and therefore priced it realistically (I think).

On Rightmove there are quite a few 3 beds in Silksworth going for well under £130k, for example, these are under £100k:

http://www.rightmove.co.uk/viewdetails-18814508.rsp?pa_n=1&tr_t=buy

http://www.rightmove.co.uk/viewdetails-19829852.rsp?pa_n=1&tr_t=buy

http://www.rightmove.co.uk/viewdetails-19829864.rsp?pa_n=1&tr_t=buy

http://www.rightmove.co.uk/viewdetails-16387955.rsp?pa_n=1&tr_t=buy

and these still under your £120k:

http://www.rightmove.co.uk/viewdetails-19151447.rsp?pa_n=1&tr_t=buy

http://www.rightmove.co.uk/viewdetails-8345604.rsp?pa_n=1&tr_t=buy

Looking at previous sold prices in your neighbours, even £105k looks generous, the sold prices aren't anywhere near the £130k to £140k you mentioned. In your street and the 2 around you, I can only find one place which went for more than £120k.

Davison Avenue shows 3:

130/06/2006£110,000SemiFNoMap1, Davison Avenue, Sunderland, Tyne And Wear, SR3 2EJ 215/02/2006£88,500SemiFNoMap1, Davison Avenue, Sunderland, Tyne And Wear, SR3 2EJ 330/07/2001£34,000SemiFNoMap6, Davison Avenue, Sunderland, Tyne And Wear, SR3 2EJ
So the highest price ever was £110k, according to that.

Orr Avenue shows more sales:

07/12/2007£138,000SemiFNoMap28, Orr Avenue






£110,000SemiFNo
13, Orr Avenue,

£102,500SemiFNoMap17, Orr Avenue,

£122,500SemiFNoMap15, Orr Avenue,

£105,000SemiFNoMap6, Orr Avenue,

£115,000SemiFNoMap6, Orr Avenue,

£57,500SemiFNoMap13, Orr Avenue,

£62,250SemiFNoMap44,

£37,995SemiFNoMap28, Orr Avenue,

£41,500SemiFNoMap30, Orr Avenue,

£35,000SemiFNoMap28, Orr Avenue,

And nearby, none over £88k!:

123/07/2007£88,000SemiFNoMap40, Park Avenue,
203/11/2006£93,000SemiFNoMap24, Park Avenue,
306/10/2006£98,500SemiFNoMap29, Park Avenue,
429/09/2006£98,000SemiFNoMap23, Park Avenue,
506/09/2006£94,100SemiFNoMap29, Park Avenue,
631/01/2005£51,000SemiFNoMap7, Park Avenue,

727/06/2003£94,000SemiFNoMap14, Park Avenue,
825/04/2003£68,000Ter.FNoMap15, Park Avenue,
919/02/2003£59,000Ter.FNoMap10, Park Avenue,
1028/10/2002£18,000SemiFNoMap2, Park Avenue,
1125/05/2001£35,000Ter.FNoMap10, Park Avenue,
1209/06/2000£32,500SemiFNoMap11, Park Avenue,

LandyAndy

neverdespairgirl wrote: »

On Rightmove there are quite a few 3 beds in Silksworth going for well under £130k, for example, these are under £100k:

http://www.rightmove.co.uk/viewdetails-18814508.rsp?pa_n=1&tr_t=buy

http://www.rightmove.co.uk/viewdetails-19829852.rsp?pa_n=1&tr_t=buy

http://www.rightmove.co.uk/viewdetails-19829864.rsp?pa_n=1&tr_t=buy

http://www.rightmove.co.uk/viewdetails-16387955.rsp?pa_n=1&tr_t=buy

and these still under your £120k:

http://www.rightmove.co.uk/viewdetails-19151447.rsp?pa_n=1&tr_t=buy

http://www.rightmove.co.uk/viewdetails-8345604.rsp?pa_n=1&tr_t=buy

Looking at previous sold prices in your neighbours, even £105k looks generous, the sold prices aren't anywhere near the £130k to £140k you mentioned. In your street and the 2 around you, I can only find one place which went for more than £120k.

Davison Avenue shows 3:

130/06/2006£110,000SemiFNoMap1, Davison Avenue, Sunderland, Tyne And Wear, SR3 2EJ 215/02/2006£88,500SemiFNoMap1, Davison Avenue, Sunderland, Tyne And Wear, SR3 2EJ 330/07/2001£34,000SemiFNoMap6, Davison Avenue, Sunderland, Tyne And Wear, SR3 2EJ
So the highest price ever was £110k, according to that.

Orr Avenue shows more sales:

07/12/2007£138,000SemiFNoMap28, Orr Avenue






£110,000SemiFNo
13, Orr Avenue,

£102,500SemiFNoMap17, Orr Avenue,

£122,500SemiFNoMap15, Orr Avenue,

£105,000SemiFNoMap6, Orr Avenue,

£115,000SemiFNoMap6, Orr Avenue,

£57,500SemiFNoMap13, Orr Avenue,

£62,250SemiFNoMap44,

£37,995SemiFNoMap28, Orr Avenue,

£41,500SemiFNoMap30, Orr Avenue,

£35,000SemiFNoMap28, Orr Avenue,

And nearby, none over £88k!:

123/07/2007£88,000SemiFNoMap40, Park Avenue,
203/11/2006£93,000SemiFNoMap24, Park Avenue,
306/10/2006£98,500SemiFNoMap29, Park Avenue,
429/09/2006£98,000SemiFNoMap23, Park Avenue,
506/09/2006£94,100SemiFNoMap29, Park Avenue,
631/01/2005£51,000SemiFNoMap7, Park Avenue,

727/06/2003£94,000SemiFNoMap14, Park Avenue,
825/04/2003£68,000Ter.FNoMap15, Park Avenue,
919/02/2003£59,000Ter.FNoMap10, Park Avenue,
1028/10/2002£18,000SemiFNoMap2, Park Avenue,
1125/05/2001£35,000Ter.FNoMap10, Park Avenue,
1209/06/2000£32,500SemiFNoMap11, Park Avenue,

:rotfl: Waaaaay too much time on your hands.:rotfl:

neverdespairgirl

LandyAndy wrote: »

:rotfl: Waaaaay too much time on your hands.:rotfl:

Took all of 2 minutes, cut and paste!

LandyAndy

neverdespairgirl wrote: »

Took all of 2 minutes, cut and paste!

In that case. Show Off.:D

sugarwalsh

What I want to know is, how did you find the house? Or have I just missed that info being given out?!!

LandyAndy

There's a rightmove link earlier in the thread.Here it is again.
http://www.rightmove.co.uk/viewdetails-20618855.rsp?pa_n=1&tr_t=buy

bandraoi

An offer of 12.5% below asking price is a serious offer anywhere and in any market, even the most overheated one.

sugarwalsh

Ah, thanks LandyAndy. Not very tech-savvy. Unlike neverdespairgirl!
Will have a look.