Stupid question, but when will I get my first viewing?(12 Posts)
Our house went on the market on Wednesday.
Looking on Rightmove there are only 10 houses in a 3 mile radius in the same price bracket. Ours is probably in the most desirable village but isn't the prettiest. The garden is quite small. The local town has much bigger houses for less but our location is rural which I know is not for everyone.
Not one single viewing yet, is that because it's too expensive?
Well its obviously not been under priced...I'd give it a couple of weeks then talk to agent, did you get 3 valuations?
It depends on the market where you are.
Round here it would probably be SSTC by now.
To not have any viewings booked either means it is too expensive or the market is quite slow.
We put it on the lowest of the 3 valuations.
The Agents are optimistic but then they always are.
It seems that he grand country houses sell as do the cheaper cottages but the middle market looks a bit stagnant. We're prime weekend cottage territory, although I don't think ours is pretty enough for that market, and I wonder if the 2 no home owners are put off with the stamp duty and council tax penalties from 1st April.
Your house has gone on the market in the middle of the half term holiday. I agree with a pp that you should give it a couple of weeks then ring the agent. I would ask them what they are doing to attract interest? Do they have potential buyers registered with them they could contact?
It took us about a week before we had viewings. I found things were definitely slower during holidays. I expect you will get viewings once the schools have gone back. Around our way houses take months to sell and not weeks/days.
Always, I don't know whereabouts you are, but we also found that when we were marketing our rural Wiltshire house in late 2014 that both grand country houses and small cottages were selling whilst the mid-priced houses such as ours were hanging around. We'd already found our onward purchase so were none too pleased when a neighbour suggested the average selling time for the area was twelve months!
Ours went in the market on Sept 1st so still school holidays but we wanted to be in our new house by Christmas so time was if the essence. Our first viewing came the day after we hit RM etc, but then we didn't get another for a week. The first was too good to be true as we had a call from the EA while we were driving home from their office where we'd just approved the draft details......think it was someone on their books that they called up to see if they'd be interested in viewing. That person - an older lady who was downsizing (ours was a 2500 sq ft 5 bed house) - thought it was too dark......yep, it was a thatched, stone built, 200 year old house with typically small windows and low-ish ceilings
After approximately four weeks we dropped the price - we'd gone with the middle of five EA valuations - which led to a mini flurry of viewings, all of which resulted in offers, one at asking price. Had we not already found the house we wanted to buy we'd most likely have held out at the original price and going by sold prices in the area I think we'd have got close to that but it might have taken six months or more.
Once we were on the market I was in contact with our EA via email every few days discussing how things were going etc, basically reminding them we were there!
One downside we had was our proximity to a rural A road - in fact one EA who specifically targets London second home buyers wouldn't even come out to do a valuation once they knew our location! The EA we did use had a London office, but in the end our buyers were a local family.
I guess it boils down to how much patience you have, whether you are uber keen to move (as we were), if your price is pitched right and if you're targeting the right buyers. Depending on how quickly other houses are selling/your own circs I'd give it another week or two then consider reducing.
Interesting Raphael, I suspect I'm close to your old house. Ours is a long way from a main road but has other shortcomings.
We're not in an awful rush but equally don't want it to be one of those houses that you see on RM forever, slowly getting cheaper.
We'll give it a month.
I believe peak time for viewings in a lot of areas is around Easter so if you want to maximise your chances and decide to reduce the price, do so before then. It's quite early this year.
Also have a critical look at the details the EA has produced, especially the photos. A floor plan is essential. Make sure there are no typos, grammatical errors or just errors in the blurb.
If you are rural it's possible you may have some "drive by" sightseers looking at the area/outside of your home this weekend who might book to see inside next weekend...
That's a really good point - we had several drive bys (we're not even rural) which resulted in viewings.
Good points, thanks.
The details look fine, the garden isn't at its best but I suppose no ones is. We have a gorgeous wisteria but it's not realistic to put in on the market when it's flowering.
Hadn't thought of people driving by, makes sense.
We don't want to be greedy about the price but if we drop it substantially then get offers with 10% it really would be too cheap for the area.
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