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Two weeks and no viewings

36 replies

dream75 · 17/07/2015 22:01

We have been on the market for two weeks and have had no viewings. Is the market slow? We are in Liverpool suburb

OP posts:
hereandtherex · 20/07/2015 13:18

Its unfortunate that the last sale on your road went for a much lower price.

Whether it went for a loss or not is neither here or there. Your problem is that that house has set the price mark. You might need to knock 20k off your price before you get any interest.

LocatingLocatingLocating · 20/07/2015 13:25

It's the living room layout that's the issue for me. I'd do what I could to make it look more roomy and better re TV viewing/dining.

mandy214 · 20/07/2015 14:20

I think it might be a question of being overpriced. Just had a look at some of the properties that are similar and in the same locality. Your house is very nice but this one would appeal much better I suspect to your target market - more contemporary, new kitchen and bathroom, yet its £5k cheaper. I think you probably need to drop your price and then you'll get more interest.

competition

QueenStromba · 20/07/2015 14:45

Have a look at sold prices within a 1/4 mile of your place - the only mid terrace 2 bed house that's made your asking price after 2007 looks bigger and nicer than yours and has a loft conversion. There are also a dozen or more similar properties on for cheaper than yours. Your house is at least 10k overpriced if not 15-20k.

19lottie82 · 20/07/2015 15:23

I agree, it's a nice little house, it just needs a bit of a "polish".

The main thing for me would be the living room. The sofa looks far too big for the room and I don't like the blocked off fireplace. I feel like you would struggle to work out where you would watch TV?

Could you get a smaller (thinner) sofa, remove the fireplace and put in a nice, long TV bench for your TV boxes, then possibly wall mount a TV?

hereandtherex · 20/07/2015 15:40

There's no point re-painting or buying tiny furniture. The OP wants to sell not interior design!

Price. Price. Price.
Down. Down. Down.

mathanxiety · 20/07/2015 20:03

I agree with all suggestions living room layout (maybe couch against window?), curb appeal potted plants and shrubs in big planters, make the back garden a lot neater (mow grass and do something about the bushes).

I would also take down the picture on the wallpapered wall in the living room and get a darker blank filler for the fireplace, and put a few candles on some sort of decorative candlestick thingy in front of the fire, or take out the blank and put something in the fireplace itself, if this is possible -- big decorative bowl of large pinecones or candle arrangement perhaps.

dream75 · 22/07/2015 15:15

EA have now put floor plan on details. I am going to redo lounge layout and also get more photos of garden and front of house. I will reduce the price but as market is slow over the summer I think it might be best to put new photos and price reduction on in September. We are not desperate to sell so are not in a rush but do want to give the sale the best chance

OP posts:
SaulGood · 22/07/2015 15:24

I am house hunting atm. I don't care how many planters you have or where you stick your sofas. Most people who are seriously looking at this kind of house make decisions based on what you actually get for your money. It's a bit different at the other end of the market where selling a lifestyle is everything but starter homes are just that.

It's overpriced for the area. I think it's that simple.

wowfudge · 22/07/2015 15:50

I think you need to consider the asking price because, for example, Rightmove goes up in bands of ten thousand so there will be people who can afford up to £90k probably not even seeing your house on their searches.

Your asking price represents an 18% rise in valuation since the last sale in 2013. I don't think that's at all realistic. You can probably get around £85k-£88k unless similar properties nearby have gone for more? It looks as though it may be ex local authority and the low number of sales suggests a lot of the neighbours are tenants. This reduces your market as that doesn't always appeal.

mathanxiety · 22/07/2015 18:29

I would always look at a band a little above what I wanted to offer in case I saw a house that might go for less than asking price.

I also think that making the most of what you are offering helps make your property more likely to get somewhere near the asking price so it's worth putting in some effort to grab attention.

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