Hello all,
Please could I ask some advice?
We have been on the market for a week now and have only had 1 viewing.
We have also found our dream, forever family house and have had our offer accepted.
We were expecting our house to have a lot more interest than it has and to be able to sell quickly.
On reflection, although we went with a guide price in line with 3 x valuations, I think our house is overpriced.
Considering our desperation to sell ASAP so we can buy the forever house, should we reduce the price now even though its only been for sale for a week?
Current guide price is £220,000-£230,000
As it stands, we need £205,000 for the next house. But we are re-tweaking the AIP for mortgage and might be able to increase that to give us a bit more flexibility.
So would reducing it to £210,000 be reasonable?
Other potential relevant factors;
- Floor plan/EPC only went on two days ago
- Photos need re-doing as don't think they are good enough which we are working on!
Grateful for any advice, thank you!