goldenlilliesdaffodillies - The market at the moment feels a bit like....how to describe it.....hmmmm.......when the market is in good 'flow' its like carrying two moderately weighted shopping bags down a hill - everything moves nicely and it's not too difficult, plenty of buyers, plenty of vendors and everything is ticking over nicely with people moving up the ladder. What we've got at the moment is incredible demand and loads of mortgage approvals, but there's no stock because of the cost of moving many people are choosing to extend or just sit on things until the equity goes up a little more and the market slows down before they sell. Back to our bag metaphor, this is like having an extremely heavy suitcase on one hand, and nothing in the other, no balance - nothing flows properly and the over-demand and under-supply is causing us all problems.
it is definitely a sellers market and prices are rising - the data clearly shows this, but part of the problem is that unless you're going for no chain investors or FTB, everyone who is going to buy from you, also has to sell, unless they're willing to break the chain and take a punt on renting for 12-24 months.
We're hearing from all the agents that we work with out of our local area that stock is just utter pants at the moment - which is why any of you who are on the market are probably drowning in leaflets coming through your door because everyone is fighting over the same instructions - there just isn't much business at the moment, consumer confidence in the market is still shaky because I think people don't genuinely believe that there has been any significant economic recovery - they can't see it in their wage packet or in their daily life (although I admit it may be hidden) but if people can't experience it, it might as well not happen.
43 viewings sounds an insane amount - most places go within 14-20 viewings at most in my experience unless it is significantly over priced (due to overvaluing from major high street chains) or there's something seriously wrong with the property that is putting people off (which again boils down to price).
My advice for the frustration is to just live in a semi-state of clean. Nobody expects a house to be a show home - you live there - and if they do expect that and it doesn't meet with their approval, what can they do - ask for a reduction in price? Your Estate Agent should be more than capable of overcoming such weak objections from buyers - they're paying for the location, the space, and the fixtures and fittings. Everyone who moves in to any place is going to spend the first 3-5 days cleaning it anyway - its a case of your agent giving them a gentle reality check and SELLING the good points to them.
Who are you on with, if you don't mind sharing?
Have you tried using social media to get more people looking at the property? I did a Youtube video on that topic recently. Take note of the figures, they're quite compelling -
See if you can share the listing on Twitter, Facebook, Pinterest, Tumblr, Instagram - at the end of the day, it only takes ONE buyer to make it all happen.
I would list it for you as well but I'm probably not in your area! Happy to share more insight if you have more questions :-)