Selling a house advice

B B

Bri1975

Well-Known Member
Joined
31 Aug 2024
Messages
1,320
Team supported
Man city
Me and my recently brother inherited my dad's house and now ready to sell.
It's a 2 bedroom semi on a predominantly council estate in swinton (the valley)
Had 3 valuations of , £120k-£130k, £155k and £170k-£190k which really hasn't helped.
Want it selling ASAP, ive cleared it out , painted walls white , stripped carpets and had couple of jobs done.
Not desperate to squeeze every penny we can get but don't want short changing
Just wondered if there's a preferable way of selling it and for how much , auction , guide price etc.. as i haven't really got a clue
 
Go with estate agent with highest valuation see how it goes, you can always come down,I do certs on some proper shitholes you’ll be amazed what they sell for.
 
I am selling my house at the minute. Its a little 2 bed room terraced in a beautiful part of the world. It was up for 215 and I accepted 208 for it.
The problem you have at the moment is that interest rates are going up and things are more expensive, which impacts house prices.
It also does not matter how nice the house is if it is a 2 bedroom. It will only appeal to certain markets, namely single people and new buyers. They do not have funds to pay ridiculous prices.
Get on Rightmove and see what similar houses in the same area are up for. You can also see what houses on the same street have sold for.
 
Bri1975 said:
Me and my recently brother inherited my dad's house and now ready to sell.
It's a 2 bedroom semi on a predominantly council estate in swinton (the valley)
Had 3 valuations of , £120k-£130k, £155k and £170k-£190k which really hasn't helped.
Want it selling ASAP, ive cleared it out , painted walls white , stripped carpets and had couple of jobs done.
Not desperate to squeeze every penny we can get but don't want short changing
Just wondered if there's a preferable way of selling it and for how much , auction , guide price etc.. as i haven't really got a clue
Click to expand...
Watch for estate agent charges compared to what they'll actually do.

99% just seem to chuck it on Rightmove so take the best value and tell them if your not in a rush to go in the £170-190k bracket to start, it can always be reduced later.
 
Bri1975 said:
Me and my recently brother inherited my dad's house and now ready to sell.
It's a 2 bedroom semi on a predominantly council estate in swinton (the valley)
Had 3 valuations of , £120k-£130k, £155k and £170k-£190k which really hasn't helped.
Want it selling ASAP, ive cleared it out , painted walls white , stripped carpets and had couple of jobs done.
Not desperate to squeeze every penny we can get but don't want short changing
Just wondered if there's a preferable way of selling it and for how much , auction , guide price etc.. as i haven't really got a clue
Click to expand...
A modern auction is usually the way forward for a quick sale as it cuts out the tyre kicking time wasters. They have to lodge a 5% deposit and are required to complete the purchase in 56 days. I have clients who have bought and sold using this method and it is becoming increasingly popular given the way in which it ties both parties to the sale.
 
blue b4 the moon said:
Watch for estate agent charges compared to what they'll actually do.

99% just seem to chuck it on Rightmove so take the best value and tell them if your not in a rush to go in the £170-190k bracket to start, it can always be reduced later.
Click to expand...
Just looked on rightmove this terrace house nearby has gone for £120k

1000037183.jpg1000037182.jpg1000037181.jpg
 
If its in decent nick but just needs a bit of work. Looking at the pics above, if thats gone for 120k, 155k seems like an absolute minimum you should be asking, particularly with the cost of building materials and labour these days.
 
We sold my late father in laws house by auction. You can put a reserve price on it and only cost us around £800 in charges.
It was an ex council house on a large council estate but we got what the estate agent predicted. A lot of interest from house buyers from down South, as they find it a lot cheaper to buy in the North and renovate then rent out.
The company that bought ours didn’t even bother looking at it before auction.
 
Millwallawayveteran1988 said:
You can use sold prices on rightmove.

Put the street in here and it will tell you what houses have sold for there.

House Prices in M27

The average price for a property in M27 is £252,184 over the last year. Explore Rightmove house prices to find out how much properties sold for in M27.
www.rightmove.co.uk www.rightmove.co.uk
Click to expand...
I know but Only weeks, if not months, after.
I’m still waiting to find what next door to me went for. It sold over six months ago.
 
i kne albert davy said:
Go with estate agent with highest valuation see how it goes, you can always come down,I do certs on some proper shitholes you’ll be amazed what they sell for.
Click to expand...
Have to disagree. Agents will inflate the valuation simply to make you feel better and get your signature.

Sold many a house over the years, and we have never let the agent set the price- we determine that.

Set a price you are happy to accept and then pick the agent with the lowest fees.
 
Millwallawayveteran1988 said:
You can use sold prices on rightmove.

Put the street in here and it will tell you what houses have sold for there.

House Prices in M27

The average price for a property in M27 is £252,184 over the last year. Explore Rightmove house prices to find out how much properties sold for in M27.
www.rightmove.co.uk www.rightmove.co.uk
Click to expand...
According to that the house value has increased £10k in a month !

1000037186.jpg
 
Purplebricks offers a fixed-fee selling service starting from £999 (including VAT) for standard listings
, designed to be cheaper than traditional estate agents. This fee covers local expert support, listing on Rightmove/Zoopla, and marketing, but typically excludes in-person hosted viewings and is higher in London.
 
I really do worry about Bluemoon these days, No mention of lighting a fire & claiming on the insurance never mind smashing the back door in? :-)
 
Just sold mine privately as the estate agents were useless.
They overprice your property so you sign up, then they seem just as happy to have another property on their portfolio as they do to actually selling it for you.
Yes I sold for less than the estate agents original valuation, but after a year of being messed around I feel I've done the right thing.
Move to my new house in Scotland on the 7th of April, canny wait
 
You must log in or register to reply here.
Unread Posts

Don't have an account? Register now and see fewer ads!

SIGN UP
Back
Top