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How do we sell a house?!

30 replies

Buglife · 05/01/2018 10:46

We’ve decided rather quickly to sell our house. DC2 on the way and while we love our house it’s rather cramped downstairs and it’ll be tough with two kids stuff. We bought this house while we rented and it was empty already when we bought it so we had a very painless easy move. Now it comes to it I have no idea how exactly to go about the process of selling and buying at the same time! Rather cheekily we’ve booked a viewing of a house around the corner although we haven’t put ours on the market. We are getting a valuation next week, should we get 3? Do estate agents differ a lot in fees? Also I assume you wait for your offer before calculating how much money you have to put towards the next house and then apply for a mortgage when you’ve had an offer accepted on the house you want to buy (we engaged our mortgage advisor to find our mortgage after we’d offered on this one)? This seems much more daunting than just buying first time.

Also we aren’t really planning to do much to the house before selling bar freshly painting a couple of rooms, that won’t be done before we get it valued. I can’t see it making a difference to valuation? we are looking for a quick sale so don’t want to be too worried about getting absolute maximum because we have savings to go towards next house, should get the mortgage we need and I know this house was a steal when we got it so we will make some money whatever. But I’m still worried about feeling I need to make it perfect or no one will buy it. I’m planning on putting a lot of “stuff” into boxes in ge loft to begin with, make it seem less cluttered. Any other tips? We have a child and so can’t be a show Home.

Any advice on timelines/best order to do things would be great!

OP posts:
GreenTulips · 05/01/2018 15:45

Generally you need to offer 10% lower - you have room to negotiate!

GreenTulips · 05/01/2018 15:45

When yours is sold - you could offer on both and see who willing to sell

Buglife · 05/01/2018 16:24

I’m always on Rightmove, I’ve had the app on my phone even since we moved in here over 2 years ago... I think I’ve got a good idea what costs what where which helps. I don’t really want to move far away from where I am, want to stay able to walk DS to pre school and then School, so I don’t have lots of choice.

OP posts:
Mildura · 05/01/2018 16:48

In all cases we preferred a lower offer with no chain to a higher offer but with something to sell. The same with properties we bought, we always preferred to deal with committed sellers rather than the ones who are not in a position to move (i.e. have no clear plans, dates in mind, etc.)

Sometimes it's not that simple tandt, there's not always a choice of which buyer to go with, and the house you really want may not always have a seller that can move fast. 6 weeks is unusually fast, typically sales in England take about 12 weeks to go through.

Mybabystolemysanity · 05/01/2018 20:01

Hi Buglife

Hopping on, as we are in the same position in an outgrown 2 bed bungalow with DC2 arriving mid July.

Off out to look at a new build tomorrow, as can't be doing with going through the fighting with people on the open market. Hoping to part exchange and get a bit of a deal on the new place.

Watching for tips. Thanks for starting threadWink

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