tips on selling
Discussion
I currently have a one bed flat on the market in Ipswich, we have owned it for 13 years - we bought it to keep a foothold in the UK market whilst overseas, but in order to buy a reasonable place having been back in the UK for a bit, we could do with selling to release the capital.
the flat was a new build at the time, and at an early part of the Ipswich dock development, the flat is currently tenanted til June and has been in all the time we have owned it.
We have been on the market, using the same agents who have looked after our letting, since the autumn, and have had a few viewings but no real interest. we have dropped the price in 3 stages from £125k to £112 (there is an exact same unit in the block but on ground floor for £119, and a different design one be higher up for 129k)
one perceived issue with our place is that it does not have a designated parking space (the details of the other two in the block do not specify a parking space - when built most of the 1 beds did not get a parking spot) but this has not stopped it renting - the mainline station and bust stop are 5 mins walk.
whats the general concensus on using the same agent for selling as you are letting a property with? I am wondering if another agent might be more motivated to get a sale?
Any other comments regards getting this place sold would be helpful.
heres the ad: (note to mods please chop the link if its against the rules)
http://www.rightmove.co.uk/property-for-sale/prope...
the flat was a new build at the time, and at an early part of the Ipswich dock development, the flat is currently tenanted til June and has been in all the time we have owned it.
We have been on the market, using the same agents who have looked after our letting, since the autumn, and have had a few viewings but no real interest. we have dropped the price in 3 stages from £125k to £112 (there is an exact same unit in the block but on ground floor for £119, and a different design one be higher up for 129k)
one perceived issue with our place is that it does not have a designated parking space (the details of the other two in the block do not specify a parking space - when built most of the 1 beds did not get a parking spot) but this has not stopped it renting - the mainline station and bust stop are 5 mins walk.
whats the general concensus on using the same agent for selling as you are letting a property with? I am wondering if another agent might be more motivated to get a sale?
Any other comments regards getting this place sold would be helpful.
heres the ad: (note to mods please chop the link if its against the rules)
http://www.rightmove.co.uk/property-for-sale/prope...
yes, I would agree the photos are a bit iffy - I think they had them on file from previous rental ad.
it's only when I just re read, that I notice the there is no parking line! Doh!
I have not been into the flat in 6 years.
I think I need to have a chat with the agents regarding photos and text, I have been wondering about moving to someone else, but was a bit concerned about key access etc, obviously the current agents have a set including the electronic fob for main door access, as they are the letting agents. As letting agents they are able to advise tenant regards viewings etc. How much more complicated is it going to be with another agent (or should I even be worrying?)
it's only when I just re read, that I notice the there is no parking line! Doh!
I have not been into the flat in 6 years.
I think I need to have a chat with the agents regarding photos and text, I have been wondering about moving to someone else, but was a bit concerned about key access etc, obviously the current agents have a set including the electronic fob for main door access, as they are the letting agents. As letting agents they are able to advise tenant regards viewings etc. How much more complicated is it going to be with another agent (or should I even be worrying?)
Edited by sawman on Monday 2nd May 11:34
elanfan said:
Have you thought of offering it to the tenants? Surely the rent they pay they could afford the mortgage and they won't have all the hassle of finding somewhere else to live/moving costs etc
As far as I can see, the current tenant, is only wanting to be there til' the end of their current contract, we have been renting it as a furnished place, and so has been attractive to fixed contract workers. One thing I had wondered abut was mentioning, in the particulars, the likelihood that the flat would be sold with all furnishing included - so ideal for an investor to continue renting out.
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