WWYD - price to go on the market?
We're going on the market in about a month.
We'd thought we'd be really pleased with a result of £X20,000 on our flat, but we've talked to a host of estate agents and several have valued it higher than we expected.
It's a nice problem to have, but we're not sure if they're being realistic or trying to flatter us with high estimates to win our listing, giving the scanty property market locally.
We're not in a hurry to move, but we're hoping to move to a competetive area for property. Because of this, we would like a reasonably quick sale so we can tell sellers we're sold STC with a short chain (it's likely to go to first time buyers), to make our offers more attractive. On the other hand the more we sell for, the more we can offer.
We've had the following valuations. My my question is what to list for - do we go for the big money or are we setting ourselves up to flounder? WWYD?!
EA 1: (sold the flat to us at 15k under asking) List for X65-75 to achieve X50
EA 2: (largest market share localy): List for X25 to achieve X25
EA 3: (online agents): List for X25. Could test at X50. Aim to achieve X00 -X40
EA 4 (sold a v. similar nearby but garden flat for [X+1]30): List for X75-80 to achieve X60
EA5: List for X75 and reduce after 2 weeks if needed to achieve X50.
Still got two more valutions to go in the next couple of weeks.
Also intrigued by views on guide prices v.s. stipulating OIEO!