Why is this house not selling? Constructive criticism needed

[Jimmyarm]

This thread sums up beautifully what is wrong with the housing market in certain areas.

£375k for that is ludicrous !

That aside, the presentation is awful and whoever took those photos should be sacked.

[RichB]

Jimmyarm said:

This thread sums up beautifully what is wrong with the housing market in certain areas..

You could counter that argument and say it actually highlights what's wrong with the jobs market but that just follows the business landscape. You could argue that there are more job opportunities in the SE because that's where London is and that, my friend, is down to the Romans. So that's one more thing the Romans have done for us.

[scenario8]

It doesn't look like rocket science to me - and I have little to add that hasn't already been mentioned.

Step 1 on the path to your friend selling her property is her realising that house is not worth the valuation she has in her head and for one reason or another received from those agents six months ago.

Later steps involve a different agent and marketing strategy. The more efforts she puts into these steps the better.

As someone involved in the trade (shoot me) I''d be mildly interested in hearing updates.

Best of luck to her.

[tim0409]

Perhaps all it needs is a large car port at the front - that would definitely add value.

[scenario8]

Don't forget to reclaim the VAT, mind.

[RichB]

I wouldn't bother, she might get some prowler round the front.

[TA14]

RichB said:

I wouldn't bother, she might get some prowler round the front.

very neat

[matty g]

Spudler said:

As already suggested, take it off the market till early spring.
Some decorating and clearing inside and out and a revaluation of the asking price.
Maybe look at the agent.

Take it off the market??

It most definitely wont sell if its not on the market!
What reason would you possibly have to take it off the market?


OP is the house getting many viewings?
who is doing those viewings?

[goldblum]

I've never seen such huge televisions. Both houses linked in the OP have these. Are vast TVs de rigueur on council estates now? In one house there's one on the wall in the bedroom, how much TV can one person watch?

[Esseesse]

goldblum said:

Are vast TVs de rigueur on council estates now?

Yes and preferably on the wall, high up like the one showing the football in a bar.

[p1esk]

Sheepshanks said:

TA14 said:

Ollerton57 said:

Who does this help? Adding a link for a house in North Yorkshire about 250 miles away... Not exactly a fair comparison.

If we're doing comparisons like that, then please add in the links which detail opportunity and value by earnings in the area. Doing that I think you'll find that the house in N. Yorks is more expensive in regards to affordability.

I don't think he meant it like that - it could have been any price - it's simply how it's presented. We're all different though and when I clicked that link the first thing that I thought was "oh no, an ugly flat roof extension."

I think he did mean it like that.

The bungalow in N Yorks is terribly presented - looks like it hasn't been touched in many years. There's even peeling wallpaper in one of the bedrooms.

Quite right. The owner was an elderly lady living alone for a good few years. There would be quite a bit to do, but I think it could be really nice when somebody catches up with the work that needs doing.

[Little Lofty]

matty g said:

Take it off the market??

It most definitely wont sell if its not on the market!
What reason would you possibly have to take it off the market?


OP is the house getting many viewings?
who is doing those viewings?

Because it's now old news, anyone who has been looking on rightmove for a while wont give it a second look. If it disappears for a few weeks and reappears with fresh photos of a revamped interior, possibly with a new agent, it will create interest again. Ideally it should have been taken down during the Christams period which is usually pretty quiet for house sales, if it had reappeared in January with fresh photos and a slightly lower price then it could look like a new listing, buyers would click on it and see the new photos.

[Fastpedeller]

Little Lofty said:

Because it's now old news, anyone who has been looking on rightmove for a while wont give it a second look. If it disappears for a few weeks and reappears with fresh photos of a revamped interior, possibly with a new agent, it will create interest again. Ideally it should have been taken down during the Christams period which is usually pretty quiet for house sales, if it had reappeared in January with fresh photos and a slightly lower price then it could look like a new listing, buyers would click on it and see the new photos.

I agree the above will be a good strategy.

[IATM]

Slightly off topic but is this how much houses are going for in Maidenhead for a 3 bed semi? 370 freaking k!!!!!

I am so glad I am not in such a postion that I have to live in a place where you get so little for so much bloody money.

I feel very fortunate.

[surveyor]

Firmly of the view that after 3 months with an agent a house becomes stale and will take forever to sell at a discount.

Change agents.