Hi all,
My sister sold her house last week (well unconditional contracts signed).
I told her to be very realistic about her asking price. Peak was 600k in the area in '06 so she set it at 380k. My advice to her was terrible.
Lots viewed the house and all made offers well below the 380k. 330k being the highest. Very disappointing.
So, she took the property off the market and started again 1 month later. This time, she set the price at 450k. Property went sale agreed for 412k within 4 weeks and went unconditional last week at 408k.
Big lesson learned. Vendors, keep your prices as high as you can.
T.
My sister sold her house last week (well unconditional contracts signed).
I told her to be very realistic about her asking price. Peak was 600k in the area in '06 so she set it at 380k. My advice to her was terrible.
Lots viewed the house and all made offers well below the 380k. 330k being the highest. Very disappointing.
So, she took the property off the market and started again 1 month later. This time, she set the price at 450k. Property went sale agreed for 412k within 4 weeks and went unconditional last week at 408k.
Big lesson learned. Vendors, keep your prices as high as you can.
T.