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Please tell me more houses will come onto the market in the next few weeks!

143 replies

Lolly567 · 01/09/2018 10:14

Just been obsessively checking Rightmove every hour for pretty much the past six weeks and getting a bit frustrated! I really hope it’s true people wait till September to list their houses!

OP posts:
dontticklethetoad · 28/11/2018 21:31

I was feeling your pain earlier on in the year.
We were very lucky to get ours. It's a do-er up-er, but ticked the location/size/price boxes.
Since we made an offer in June (moved August) there has not been one single property that has even come close. And there was nothing in the first half of the year either.

Don't lose hope. Your house is out there!

dontticklethetoad · 28/11/2018 21:34

@Berimbolo yes! The properties being sold by relatives are always way above market value and quite often in need of at the very least modernisation.

Furzedowner19 · 05/12/2018 14:14

We have just relisted ours - in London - after issues with our first buyer. As we have made an offer on our dream home in Yorkshire we have no choice if we are to have a chance of keeping our new place.

I feel very differently about selling after losing our buyers after 5 months - much more keen to get sold and get on then we were.
SO, in a more tricky market - you might find more serious sellers!

Heres our house BTW..... www.rightmove.co.uk/property-for-sale/property-77412869.html

good luck.

Alexalee · 05/12/2018 14:34

Not being funny furze but if you are a serious seller it looks like you are 100k overpriced based on the 2 sales in your road this year. Why have you priced so high if you want a quick sale? Are you expecting lots of negotiating? What was the house on for before you took it off the market?

LBOCS2 · 05/12/2018 16:29

To be fair Alexalee, Furze has double the number of bedrooms than the two houses which went for £100k less. On that basis I'd say it looks quite reasonably priced.

Puppylucky · 05/12/2018 20:13

Agree - I think Furzelee's house is beautifully done - but the froth (for now at least) seems to be off Tooting Streatham etc prices

Furzedowner19 · 06/12/2018 13:19

Thanks ! Yep, there is a range of property sizes along our road. Brings the average down on Zoopla but we are now hopefully placed at the 'come and look' end of prices for 4 beds.
In an ideal world we would wait until the current political turmoil dies down but Yorkshire beckons. Goodluck all!

Alexalee · 06/12/2018 13:31

I just had the pictures of the front, not the number of beds... so 100k extra for 2 more beds in London seems very fair to me... good luck

PurpleFlowersInMyHair · 06/12/2018 16:18

Why do you think relatives of deceased homeowners price their property above market value and don’t account for the work that needs to be done? We’ve found the exact same thing and would also look to avoid probate properties in future. It’s odd because they have no need to get a set price eg to move house. Also you’d think the family want to sell quickly to avoid a long void period? Confused

Berimbolo · 06/12/2018 16:47

We've found it's all about how much money they can get and will hold out. We avoid these houses now as in every dealing these people have been a pain to deal with

3asAbird · 06/12/2018 18:55

We had on 1 property son selling father died. It needed extensive modernisation.
Galley kitchen needed knocking into dining room to be decent family sized homes.
Old back lit boiler
Old electrics
Old decor and carpets
3 bed 1930s semi detached
Bristol
Wanting 275k

tenapenny2018 · 06/12/2018 19:45

3asAbird Still no luck in Bristol? Well, it's not going to happen this side of the year for me now, so may be just wait until next year.

LBOCS2 · 06/12/2018 21:58

YY - we put an offer in on a house which had been vacant for some time, son selling as his mother had died. Needed c. £85k of work, on the market for £550k, and top whack for that road was probably £600k - and we're in a slow, falling market. We offered £495k and they said they wouldn't take anything under £535. We walked. If I'm going to spend that much money on a house I'll get one which is finished and I can move straight in to, thanks! They've taken it off the market now and are doing the work themselves. Good luck to them - if this move wasn't going to be a very long term one for us, I wouldn't be hanging around with the way things are going at the moment.

Moonie12 · 09/12/2018 15:21

Just found this thread - we are FTBs and have been looking for somewhere in south east London over the last 6 months and the market just went so quiet once the summer holidays hit and doesn’t seem to have come up again. I think it’s at a stale mate with sellers thinking prices are still on a trajectory but they’ve actually just become unaffordable for so many now.

Brexit I believe is putting everyone off because if you don’t have to sell I guess you would wait until spring. Also we have found there is nothing truer than ‘a house that is at the right price will sell’. The EAs all know this and anything that doesn’t sell quickly is overpriced for what it is.

DonDrapersOldFashioned · 09/12/2018 15:30

Prices aren’t falling where I am but there is definitely less on the market. People are staying put and/or extending/updating. Partly Brexit nervousness, partly time of year. I wouldn’t put my house on the market at this time of year unless I absolutely had to.

Alexalee · 09/12/2018 17:00

Moonie12 your experience mirrors my daughter's exactly... She is getting very frustrated by it all now

Berimbolo · 05/02/2019 09:32

I know this thread is old, but just wondering how you guys are getting on, if you've ma aged to find somewhere/move/Still looking?

At the time of this thread we had to pull out of a purchase (after spending hundreds in surveys and searches) because of a boundary issue. We then found a house earlier this yesr but have now been gazumped...sigh

Market seems to be getting worse here. Not as much coming on, decent condition/priced houses selling and the unrealistic ones no one wants are still sitting there

Alexalee · 05/02/2019 10:19

Still the same... good quality and well priced sell within weeks.. poor overpriced properties hang around for months. Some have been around for a year now, with a token 1 or 2% reduction. I really don't understand that tactic, if 1 or 2% would make a difference then they would have recieved an offer similar to that

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