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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

House NOT selling... AIBU?

342 replies

AllTheGin84 · 20/06/2019 10:43

HELP.

Our house has been on the market for 15 weeks... had an offer 4 weeks in at full asking price (woah!), then their chain collapsed and they are no longer selling.

Then we changed agent, went back on the market and dropped price by £30,000 (575,000 - £545,000).

5 viewings in a week, no offers, no interest in buying... WHY? WHY DOES NO ONE WANT MY HOUSE?

Its clean, ridiculously tidy, plain and neutral, lovely comments... but no on wants to even put an offer in!!!!! We have a viewing today, tomorrow and Saturday. What can I do?????

HELP ME MN, I AM DESPERATE TO SELL. This is seriously affecting my mental health.

OP posts:
EssentialHummus · 20/06/2019 11:05

What everyone else said - link, agent feedback. And look at recent sold prices nearby - are they comparable?

BananaCatto · 20/06/2019 11:05

We are currently buying a house, at the start of our journey so we have only viewed a handful of properties.

It is becoming a buyer’s market tbh

HolesinTheSoles · 20/06/2019 11:09

The market's just quite flat at the moment so you have to wait a long time or reduce your price.

adaline · 20/06/2019 11:14

Normally I’d agree 100% but I think this is a particularly difficult time thanks to Brexit etc.

Yes, which means houses won't sell for as much they would during "better" times. Houses might appear sensibly/well-priced but if they're not selling, then they're probably too expensive for the current climate.

cuppycakey · 20/06/2019 11:14

Agree with PP - it's impossible to help without a link.

BarbarianMum · 20/06/2019 11:17

Round here everyone is waiting for the market to crash. If you want to sell quickly, you'll need to reduce the price.

katewhinesalot · 20/06/2019 11:17

i wouldn't want to be a buyer at the moment. Too much uncertainty and scaremongering about dropping house prices.

TrixieFranklin · 20/06/2019 11:17

Link please!

NiteFlights · 20/06/2019 11:19

Daygals yes, I do agree. I should have been clearer wrt viewer feedback. What I meant was that there are some things the seller can’t change and you’re right in saying that then the price is the deciding factor - loads of negative feedback re, say, the garages might mean a price drop. Equally though, some saw them as favourable (as I did) because the opposite houses were far away and so the street was very quiet with no parking issues. So it’s a judgment call. But if the feedback is re something the vendor can change (eg decor etc) then they can do so if they wish.

I just didn’t want OP to think it’s necessarily her fault the house isn’t selling IYSWIM. She sounds stressed! And in a market like today’s it’s hard because prices keep dropping but I think everyone is waiting for some certainty re Brexit and the economic situation. That’s also why honest feedback is really useful.

But I agree it comes down to £££ in the end.

cake7pn · 20/06/2019 11:20

Do you really have to sell? I'm desperate to move but no way would I be going on the market now. I know I wouldn't do too well with the uncertainty. Prices are all over the place on my street, there is a variance of about 10% for next obvious reason

Vilanelle · 20/06/2019 11:21

Can someone @ me when a link is posted!

Tensixtysix · 20/06/2019 11:22

Many houses are up for sale in our area (Gloucestershire) and none have sold. Some have been there for more than 6 months!
Everyone is waiting for Brexit!

Daygals · 20/06/2019 11:24

Yes, Niteflights, it's true that one person's disadvantage is another's advantage.

I live opposite a primary school, which is a nightmare at 9am and 3pm but it was lovely living so close when my DC were small and I'm not usually there at that time now. At weekends there's no-one at all around and parking is really easy. But, it would affect the price if we were to sell, as it did when we bought because some people will be put off so the pool of potential buyers is smaller.

EightAce · 20/06/2019 11:25

Adaline - Houses are worth what people are willing to spend on them.

Sounds like it's priced too high.

Yep. This is the beginning and the end of it I'm afraid. House prices are artificially low at the moment due to uncertainty. It's unfortunate that you need to sell.

PaintingOwls · 20/06/2019 11:32

Show us the link!

I love stuff like this, maybe we can help - or maybe it's just bad luck and timing and people don't have half a million pounds to spend.

DappledThings · 20/06/2019 11:34

C'mon OP, house threads without a Rightmove link are like parking threads without a diagram. Just not the done thing!

CruellaFeinberg · 20/06/2019 11:37

no link - we cant comment!

donquixotedelamancha · 20/06/2019 11:42

WHY? WHY DOES NO ONE WANT MY HOUSE?

  • £575,000 is still a lot for your 3 bed terrace in Hull.
  • Teal is bit of a marmite colour, I'd advise repainting at least some of the rooms.
  • I think the EA was correct that it's off putting when the first thing you tell viewers is not to use the toilet.
  • You need to clean up the dog poo in the garden.
  • You don't have a garden, stop letting your dogs shit in the lounge.
Outnumbered99 · 20/06/2019 11:43

Another one hoping for a link!

donquixotedelamancha · 20/06/2019 11:44

no link - we cant comment!

Nonsense. I love threads like this. Just guess why OP is not selling, one of us is bound to be right.

ittakes2 · 20/06/2019 11:45

If you post a rightmove link just be aware people can work out what street you live on if that is an issue for you.

AllTheGin84 · 20/06/2019 11:45

@TheTrollFairy Freshly painted and new carpets - neutral, all white woodwork re-done, outside painted, new front door, fresh flowers in three rooms.

Kitchen and bathrooms are new-ish (3 years ago).

OP posts:
Powerbunting · 20/06/2019 11:46

The cats do you have a link to the thread that sold? I'm interested in what they were advised. Op might be able to follow similar advice

AllTheGin84 · 20/06/2019 11:47

Also... not keen to post house, I posted it on a different website and had to have it removed. Someone came round to my house to ask to be shown round after seeing the post - wasn't looking to buy, just wanted to look. Said he thought it was lovely... all rather strange and now want to remain Anon! If my husband hadn't of been here, I would have been seriously creeped out!

OP posts:
LonelyTiredandLow · 20/06/2019 11:47

Markets have stalled in SE as people are putting big spends on hold until after Brexit. Prices where I live have dropped considerably since 2016 and many have been on the market well over a year. Strangely it seems to be the nicer areas; although probably connected to the brain drain. I have a friend who is holding off buying because she expects Sterling to crash (she has money safely overseas) and is waiting to be able to afford something much better. It's a buyers market unfortunately for you.