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on the market? How many viewings have you had over the Easter holidays?

12 replies

NoonarAgain · 11/04/2015 10:42

Our house went on the market on good Friday. We've had only 2 viewings in 8 days. i was surprised at how high the agent valued the property, but he is locally considered to be the most knowledgeable agent in the area. I'd like to trust his judgement but we need a quick sale or we'll lose the place we want to buy.

The agents says it's very quiet over Easter, so not to be concerned (about being overpriced hence lack of viewings). What's your experience of viewings over the hols?

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FeelingOutnumbered · 11/04/2015 10:49

Our house has been on the market 2 months and in total have had 6 viewings, 2 of these were in the last 2 weeks. We also have found a house we want to buy and trying not to get too excited about it in case someone else gets there first...

NoonarAgain · 11/04/2015 10:52

Thanks feeling. We sold our last 2 houses in 10 days and 2-3 weeks respectively, but that was in a city and we are now more villagey. Maybe i need to adjust my expectations.

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bilbodog · 11/04/2015 12:44

I work in EA and the market has been unusually quiet the last few weeks which we think is due, in some part, to the general election coming up. Did you get more than 1 valuation before you put the property on the market - EAs don't always get the price right? Have you looked on Rightmove at the general competition in your area to see how your property compares with others? That is really the only way to know if you are on the market at the right price. Usual rules always apply no matter what the market is like - if the house is in a good location, well presented and priced right it SHOULD SELL - hang on in there and good luck.

MadamG · 11/04/2015 15:53

Our house is on the market to rent in SW london. No viewings at all this weekend. Getting desperate now.

shabbycaddy · 11/04/2015 20:57

I'm not sure the general election has much influence on people moving or not, I know though a slowdown will probable be pointed towards it. I think property has just reached such a high in certain areas that even with record low interest rates and schemes like htb some property's are just out of reach now. When you look at certain houses which were for average people of average wages and now are demanding half a million plus, the system is truelly screwed.

RaphaellaTheSpanishWaterDog · 11/04/2015 21:12

We sold our house in the countryside in December. It was on the market for five weeks and during that time we had five viewings. In our village (in Wilts) it was not unknown for properties to take in excess of twelve months to sell, but we priced very realistically as we had found the house we hoped to purchase and didn't want to risk losing it.

Five EAs valued our house and we priced it towards the lower end of these valuations - even so we had to reduce a little before we got any offers. We then had three, the one we accepted was at asking price.

Regarding the election having an effect on sales, in our current location (Staffs) houses at the mid to upper price bracket tend to languish on the market some time, but in the past two weeks two houses in our road in a semi rural location have gone SSTC - one had been for sale two years!

PettsWoodParadise · 11/04/2015 21:17

We advertised a property to rent via openrent (£29) which puts on Zoopla, Rightmove etc and got 30 enquiries in 36 hours, whittled down to 13 viewings which we did today (3 didn't turn up!) and out of 5 that could seriously progress we have a holding deposit within 4 days of first advertising. We are in SE London. I'd love to say we had a secret but we don't, main thing is price is competitive and tenants don't have to pay fees to an EA. Sales are of course different, but the common factor is price. Also a fair number of our viewers were moving due to recent school place offers so not a quiet period at all. And no the property is not in a particular prime catchment, just commutable to a whole host of schools.

BreeVDKamp · 11/04/2015 21:19

We've just sold after being on for a month - zone 3 London so I thought it would be quicker, but we've never sold before so probably a bit naive/optimistic. We had about 8 viewings total, I was expecting many more.

The place we're buying had been on same amount of time, commuter village.

It does seem to be a bit slow atm!

wobblebobblehat · 11/04/2015 21:54

We are looking to move shortly so I am following everything on Rightmove at the moment.

Prices seems to be rising very quickly. A lot of 'family houses' (i.e. decent size three bed semis and four bed detached houses) are around the £500k to £600k mark which I would suspect is out of the reach a lot of families on average incomes around here. The houses around the £250k to £325k bracket are selling like hotcakes.

sianihedgehog · 11/04/2015 23:35

We viewed two houses today. One had 21 scheduled viewings today, the other had 29. We're in Brighton.

NoSquirrels · 11/04/2015 23:57

We chose an estate agent based on their strategy (don't market to view over the Easter weekend, too many people go away, wait a week for a viewing day), not the highest valuation (in fact lowest of three) but understood we want a smooth sale not the very highest price. Looks good so far, 10 viewings in total, offers accepted/expected by Monday. Good advice from them & good service so far I feel. Time will tell.

Also had "the election" chat from a couple of agents, but i think it's really price & local market. If you feel you're overpriced and you'd rather a quicker offer at a lower price, reduce it. All the agents i spoke to said that with all the info more freely available on the internet, people will just offer lower the longer you're on the market. So might as well go lower sooner if you're concerned.

NoonarAgain · 12/04/2015 08:48

interesting posts, thanks all. what variation!!

Sian, our 2 previous 2 homes were in brighton and we sold them both really quickly. we're now more rural. the other thing is that we are in the 600-700K plus bracket so things move a little more slowly in that price range, i think. (the reason for us being where we are on the property ladder is not that we have mega salaries, but because that we got on the property ladder aged 21 buying our first place in brighton for under 40K!!! and are now early 40s and have crept up the property ladder.) So...i agree with wobble. better value houses are selling faster.

i do think the EA has valued it high, tb, but i think that even if we drop the price, we'll still be in the adder to shift price bracket.

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