My property has been on the market for 5 months. Had a total of 25 viewings. No offers just one person who was seriously interested but ended up never getting back in touch after second viewing even though they left that viewing saying they’d offer when they sold. They sold. Never offered.
I am in the midlands. I am not comfortable to say where. Or link my property. But property was initially on at price multiple agents suggested. Although viewings were coming in weekly I assumed no offers were due to price so reduced 2% by advice of agent to get back to top of rightmove.
Viewings still kept coming in at new price but still no offers. Agent then advised me to guide price so I dropped the price low to fit in to another price bracket for searches on Rightmove, stating that offers would be accepted anywhere between X (low price in new bracket) and X (which was my original asking price). At this point I'd accept the lower end of the guide price as I am getting desperate.
Same situation, viewings kept on happening at new listed guide price. No offers. Estate agent decided to do the showings for me to get feedback on the spot as a lot of people coming for a viewing don't respond to estate agent for feedback when they ring after the weekend. Estate agent said this is normal. Most don’t return their calls after viewings.
Had a viewing this weekend from a couple who called their parents to come join them and spent 45 mins viewing with the agent and they haven't responded to agent and apparently agent has called everyday since. Apparently couple loved it on weekend. So I can't understand why they're not returning the agents calls.
When I purchased the house it sold in a week after viewings and there was myself and somebody else both placing offers until one of us were accepted - which was me.
I am feeling so low about it. I got another estate agent in who keep trying to poach me. They told me that the reduction was not the right advice as it’s now listed a lot below what it is worth and suggested they would have listed at original asking price too. New estate agent said I could now go with them but can’t re list at my original asking price or anything higher than the lower end of the guide price it’s currently on at, so if I go with them I have to stick to the guide price the other agent advised me to do.
I’m getting frustrated that my agent is only getting feedback from roughly just over half of the viewings. They say they try every day following the viewings for 3 days.
All viewings that are coming in are enquiries from rightmove/zoopla. Potential new estate agent said that they would be proactive in contacting potential buyers and telling them about my property and don’t rely on zoopla and rightmove alone.
Is this an estate agent issue or do I just have a unsellable property. What can I do? What could be the problem with my house and why it is not selling? I’ve been advised by my current agent houses are not struggling to sell in our area and people have been rushing to buy before stamp duty increase. They constantly reassure me the house is lovely and sellable and they will sell it it’s just a case of right buyer, right time.