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Help! House on market, little progress, feedback needed!

411 replies

IcyCoralMaker · 25/05/2025 09:34

So, my house by the sea has been on market for 4 weeks, had 3 viewings, no offers.
The house was built December 2024 and I'm selling to move into a detached house, closer to my family.
House has been reduced by £5k to bring it down to the search point on Rightmove and to attract first time buyers.
I think the photos are good and agent says they'll continue to push it but when asked how they were doing that, they didn't answer my question.
Any suggestions on what I can do to attract more views?
Thanks 👍

OP posts:
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andtheworldrollson · 25/05/2025 09:35

You are moving 6 months after the house was built? Everyone will think major build issues

MrsMoastyToasty · 25/05/2025 09:37

Can you provide a link?

HellsBalls · 25/05/2025 09:37

I won’t be the only person to mention, you paid a new buyer premium, but now the house is second hand. Depending on the area, you may lose 5% or so on your purchase price.
Where are you priced compared to your purchase price?

FortyElephants · 25/05/2025 09:38

How does the price compare to other properties that are being sold new on the estate?

Anonymouskitty · 25/05/2025 09:38

Rightmove link otherwise we can't really help?

rainingsnoring · 25/05/2025 09:38

Did you build the house yourself or did you buy it brand new from a developer only 5-6 months ago? If the latter, how have you priced it relative to what you paid in Dec 24?

Cheesesteakyum · 25/05/2025 09:39

Usually new builds have a premium attached so are a bit overpriced but it seems to level out after a few years. Are you selling for more than you paid? You probably need to sell for what you paid or maybe even slightly less unfortunately especially if there are other plots still available, unless it’s a development in a high demand popular area.

Onedayiwillsomething · 25/05/2025 09:39

How long is your contract with the agent. If they can’t tell you how they’re pushing it or giving you confidence start speaking with other agents .

is is part of a new estate? Are you competing with developer properties- also worth being aware that the developer will have taken a lot of demand for that kind of house out of the local market- and it’s already slow

Wirdle · 25/05/2025 09:39

Is it a unique property or on a new build estate? I.e can people get a brand new property in a later phase and not one that's 5 months old.

Youcancallmeirrelevant · 25/05/2025 09:40

You need to be pricing below what you paid for it. You paid a premium for a new build. It would also raise questions on why you are moving so quickly, I would assume bad neighbours

DappledThings · 25/05/2025 09:41

The house was built December 2024 and I'm selling to move into a detached house, closer to my family.
Is that a typo? You bought it when it was built in December and had it back on the market 4 weeks ago in April? That's going to make everyone suspicious it's got major issues

CurlsLDN · 25/05/2025 09:41

Have you researched how long other properties nearby are taking to sell?
in my area (also by the sea -SW) the market is very slow and houses are sitting on the market for 3-6 months. I’ve been watching Rightmove for a while as I’m thinking of selling in the next year.
John Savage on TikTok is an estate agent who gives fantastic advice on things like what your agent should or could be doing to market your property, when the price should be reduced, what to research locally to better understand your position etc
https://www.tiktok.com/@john.savage?_t=ZN-8we5uZZzxFW&_r=1

CurlsLDN · 25/05/2025 09:42

Have you researched how long other properties nearby are taking to sell?
in my area (also by the sea -SW) the market is very slow and houses are sitting on the market for 3-6 months. I’ve been watching Rightmove for a while as I’m thinking of selling in the next year.
John Savage on TikTok is an estate agent who gives fantastic advice on things like what your agent should or could be doing to market your property, when the price should be reduced, what to research locally to better understand your position etc
https://www.tiktok.com/@john.savage?_t=ZN-8we5uZZzxFW&_r=1

TikTok - Make Your Day

https://www.tiktok.com/@john.savage?_r=1&_t=ZN-8we5uZZzxFW

FancyCatSlave · 25/05/2025 09:42

No-one wants a nearly new house, they might also struggle to mortgage it as some lenders are funny about short time between sales.

I think you’ll have more luck in 12 months time, when they can literally see the cracks. At 6 months old it is neither new not used enough.

OP posts:
IcyCoralMaker · 25/05/2025 09:50

andtheworldrollson · 25/05/2025 09:35

You are moving 6 months after the house was built? Everyone will think major build issues

My elderly mum lives with me and she isn't settling being so far away from family.

OP posts:
RandomMess · 25/05/2025 09:51

You need to clear the dining table and find a home from the ironing board. Primarily it’s because it’s a new build though.

IcyCoralMaker · 25/05/2025 09:51

HellsBalls · 25/05/2025 09:37

I won’t be the only person to mention, you paid a new buyer premium, but now the house is second hand. Depending on the area, you may lose 5% or so on your purchase price.
Where are you priced compared to your purchase price?

Bought it for £147950

OP posts:
ViciousCurrentBun · 25/05/2025 09:52

I would be deeply suspicious of any house for sale where it had only been sold 6 months previously new build or not. I would assume awful neighbours and would just skip over it.

IcyCoralMaker · 25/05/2025 09:52

FortyElephants · 25/05/2025 09:38

How does the price compare to other properties that are being sold new on the estate?

There is one new build in my house type left on the builders website which is priced at £174950.

OP posts:
OnlyMabelInTheBuilding · 25/05/2025 09:52

You need to price it under what you paid, as others have said. You can’t expect to make any profit on the house.

The ironing board in the kitchen screams No Storage

Cakeandcheeseforever · 25/05/2025 09:54

There are only two properties nearby listed as recently sold on rightmove, but I noticed one of those was sold for 116,000 in November - was it a two bed? Hopefully the agents are not telling people you are selling to move to a detached house as that would make me think the house is too noisy/overlooked

rainingsnoring · 25/05/2025 09:55

IcyCoralMaker · 25/05/2025 09:51

Bought it for £147950

Why are you pricing for more than you bought it for 5 months ago? Why do you think you should make a profit here? New builds come at a premium. If you want to sell, price it at 140k and hopefully you will then get some interest.

IcyCoralMaker · 25/05/2025 09:55

Onedayiwillsomething · 25/05/2025 09:39

How long is your contract with the agent. If they can’t tell you how they’re pushing it or giving you confidence start speaking with other agents .

is is part of a new estate? Are you competing with developer properties- also worth being aware that the developer will have taken a lot of demand for that kind of house out of the local market- and it’s already slow

The agent contract is 5 months. It is a new estate with one developer, which was started in 2016 and are now coming to the end of building.

OP posts:
TimeForATerf · 25/05/2025 09:56

There's one on Segewick Close for 20k cheaper, also close to the sea. Is there a lot of difference between the two?

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