Today we sold our two bed terrace at the asking price - first day on the market.

[KeepCalmAndLOLKittens]

On the one hand I'm whooping. We rented it out when we went into negative equity and now we're well into profit. But on the other hand I'm thinking 'here we go again!' The property market is nuts isn't it?

Congratulations! Are you in London?

Nope. Midlands.

Thanks btw

fab !

I did this 12 years ago. On one hand I was really happy, on the other I was thinking maybe we should have priced it higher.

I've had two valuations today from estate agents. One of which was pushing me to do "offers in the region of" rather than fixed price. He says with the current market it'll get a bidding frenzy and people will bid against each other and put the price up.

KeepCalm, can I ask, is it West Mids or East?

Great news, but I'd personally always want to wait for a few offers before accepting an early asking price one, as maybe it was undervalued. NOt wait for ages and be greedy, but about a week.

Spooky! I was just looking at a 2-bed terrace that had sold on 1 day...

I'm in East Midlands and I think its the market now. Estate agent said to me that there's 3 or 4 buyers for every house now, people are worried that prices are racing ahead and jumping in and offering asking price to nail it. To make sure they get one now, not in a few weeks.

Bloody hell really?? We've even renting ours out ( also East Midlands) for five and a half years . And renting ourselves. It keeps us awake at night.

We just want what we paid for it.

West Mids (Borders). It was priced at the top end of its value. Don't want it going higher because of the mortgage valuation. Also don't want to be a part of the frenzy.

We sold ours on day 1 for full asking price last autumn.
We priced it to sell as we'd found our perfect home-we looked before putting ours on the market.
We perhaps could have got more for it but we'd have been gutted to have lost out on this, just for a few £K.
Plus our sellers had just dropped the price on this and we got a bargain. swings and roundabouts.
well done :)

We sold ours last week, went into EA in the morning, they had a viewer wanting to look, she came and offered the asking price, all in 3.5 hours. For us it was a case of being in the right place at the right time. It's only gone online today and the sign has just appeared outside the house. I feel like I'm dreaming!
Congrats OP!

Great news OP. We are in the same boat - sold our 4 bed semi in Leeds on the second day it was on the market. Buyers had been looking for some time & came back with a full price offer straight after their second viewing. We were a bit shell shocked to be honest! Felt a bit like when we decided to TTC & then I got pregnant straight away. Lovely but a bit disconcerting!!

Does make you wonder if you should have held out, but now we are in a great position with buyers who have no chain. If only I could find somewhere to buy that we like can afford!!