What's happening to UK house sellers? Any reports?
May 11th 2005, 4:34 pm
#16
Forum Regular
Joined: Mar 2005
Location: Perth
Posts: 215
Re: What's happening to UK house sellers? Any reports?
A quick update on our situation - Looks like the price drop may have worked. Spoke to the agent this morning who said there has been quite a few requests for the details of our house. He rang back this afternoon, someone wants to view the house tomorrow at 5pm, and he thinks we may have more viewings for the weekend. Trying not to get my hopes up too much (not succeeding!)
Keeping everything crossed for tomorrow
Tracy
Keeping everything crossed for tomorrow
Tracy
May 12th 2005, 2:27 am
#17
someone's had 'Alex'...
Joined: Jan 2005
Location: Vic Park, WA
Posts: 270
Re: What's happening to UK house sellers? Any reports?
No dice for us. Went on the market for 200 in April '04, got several offers, none of which from buyers 'ready willing and able'. Left UK in June '04, reducing the price in increments through to November '04 at 175, still no result. Put it up for rent at 700, it was let by close of business that day and is still tenanted.
May 12th 2005, 6:49 am
#18
Forum Regular
Joined: Apr 2004
Location: Bristol to Sydney
Posts: 255
Re: What's happening to UK house sellers? Any reports?
Originally Posted by binbird
Just had a bloke round for the second time (cash buyer) who would be buying the house for his son and they have made an offer! He said "well let's start things off at £*** and I could exchange within a fortnight! So he can obviously pull some more money out of the bag. We have other potential interest at the moment so we hope to have a sale agreed one way or onother before the end of the week. . . . . .
(It's not easy typing with all my fingers crossed!)
Binbird
(It's not easy typing with all my fingers crossed!)
Binbird
sending you some karma,
have everything crossed for ya!
May 12th 2005, 6:53 am
#19
Forum Regular
Joined: Apr 2004
Location: Bristol to Sydney
Posts: 255
Re: What's happening to UK house sellers? Any reports?
Originally Posted by binbird
Just had a bloke round for the second time (cash buyer) who would be buying the house for his son and they have made an offer! He said "well let's start things off at £*** and I could exchange within a fortnight! So he can obviously pull some more money out of the bag. We have other potential interest at the moment so we hope to have a sale agreed one way or onother before the end of the week. . . . . .
(It's not easy typing with all my fingers crossed!)
Binbird
(It's not easy typing with all my fingers crossed!)
Binbird
May 12th 2005, 7:55 am
#20
Banned
Joined: Feb 2004
Location: Somerly,Perth
Posts: 545
Re: What's happening to UK house sellers? Any reports?
Originally Posted by renth
We're close to exchange only to find that the extension we built 5 years ago didn't have the final building regs inspection. The inspection has been carried out and now we need to conduct a load of remedial work 
We had to reduce the price twice to sell it, there had better not be any last minute negociations on the price or there will be a serious case of "cutting off nose to spite face" on our part when we tell them to get *****ed.
We had to reduce the price twice to sell it, there had better not be any last minute negociations on the price or there will be a serious case of "cutting off nose to spite face" on our part when we tell them to get *****ed.
Hi Renth, we also had an extension built, roughly 12 years ago and didn't get the building regs finalized. Now I'm panicking.
It should be OK but they will want to check the manhole which is now under the decking...oops.
Had 10 viewings on our place in 3 weeks but no bites.
I am now putting a new staircase into the loft to increase the WOW factor. The wife has been nagging me for years to do this, but I said "nah it dont need it". Dont you just hate it when they are right.
May 12th 2005, 2:39 pm
#21
Birds of a feather . . .
Joined: Oct 2004
Location: In my own home! Northern Beaches, Sydney
Posts: 1,788
Re: What's happening to UK house sellers? Any reports?
Originally Posted by igual
sorry binbird, won't let me give you any karma, got to spread it around!
Binbird
May 12th 2005, 2:40 pm
#22
.
Joined: Nov 2004
Posts: 21,374
Re: What's happening to UK house sellers? Any reports?
Originally Posted by binbird
No matter - have sent you karma for the thought and because we have agreed a sale today! YIPPEE! Exchange 31 May and Complete 31 July. Let's hope it doesn't all come unstuck. . . .
Binbird
Binbird
That's brilliant news. I'm so pleased for you
May 12th 2005, 11:42 pm
#23
BE Enthusiast
Joined: Sep 2004
Location: Cleveland Bayside
Posts: 383
Re: What's happening to UK house sellers? Any reports?
Just sent the obligatory letter to second useless estate agent giving notice of ending contract. New one takes over in 13 days with a second reduction in price. I didnt realise I had actually called the current agent a "smarmy shister "to his face during our 1.5 hour conversation last week about his (lack of !!) sales tactics. Stuart took great delight in telling everyone after the event though
Done a land registry search on our post code area (SK4 ) and all sales for the first 1/4 of the year are down by an average of 28% on this period last year which matches whats happening nationally.
Surely things can only get better
good luck every one
mary
Done a land registry search on our post code area (SK4 ) and all sales for the first 1/4 of the year are down by an average of 28% on this period last year which matches whats happening nationally.
Surely things can only get better
good luck every one
mary
May 13th 2005, 4:53 am
#24
Forum Regular
Joined: Mar 2005
Location: Perth
Posts: 215
Re: What's happening to UK house sellers? Any reports?
Originally Posted by binbird
No matter - have sent you karma for the thought and because we have agreed a sale today! YIPPEE! Exchange 31 May and Complete 31 July. Let's hope it doesn't all come unstuck. . . .
Binbird
Binbird
Congrats on agreeing the sale, hope all runs smoothly
Tracy
May 13th 2005, 6:56 am
#25
Loving it in Bundy
Joined: Sep 2003
Location: Bundaberg, Australia
Posts: 1,775
Re: What's happening to UK house sellers? Any reports?
Hi Don,
We put ours on the market at £149,950 in June last year. We felt all along that the estate agents had priced it too high for the are so in October we reduced to £139,950. We had just a handful of viewings from June - October so changed estate agent. Things weren't much better with that agent so when our contract was up we went with an indepedent. He secured us more viewings but still no offers. Everything went dead just before Easter and until last Saturday we didn't have a single viewing. Andrew and I did the viewing and were really positive about it. On Monday they put in an offer of 135k. We accepted and it looks like we may be all done and dusted in 6-8 weeks.
Sarah
We put ours on the market at £149,950 in June last year. We felt all along that the estate agents had priced it too high for the are so in October we reduced to £139,950. We had just a handful of viewings from June - October so changed estate agent. Things weren't much better with that agent so when our contract was up we went with an indepedent. He secured us more viewings but still no offers. Everything went dead just before Easter and until last Saturday we didn't have a single viewing. Andrew and I did the viewing and were really positive about it. On Monday they put in an offer of 135k. We accepted and it looks like we may be all done and dusted in 6-8 weeks.
Sarah
