Selling a house

[peoffrey]

I mean more good buyers who won’t mess me around or try and bring the price down by 10% on the day we’re due to exchange contracts. I appreciate it’s in the agents interest to get us the best price as they work on a commission percentage.

The one man I spoke to this morning was fantastic and I warmed to him immediately. We’re in a unique position in London as houses sell quickly. Demand outstrips supply. For some bizarre reason, people choose to live here!

One agents were due to call me back hours ago and haven’t. Not using them now. Another didn’t answer the phone.

 

[Uncle Wally One Ball]

I mean more good buyers who won’t mess me around or try and bring the price down by 10% on the day we’re due to exchange contracts. I appreciate it’s in the agents interest to get us the best price as they work on a commission percentage.

The one man I spoke to this morning was fantastic and I warmed to him immediately. We’re in a unique position in London as houses sell quickly. Demand outstrips supply. For some bizarre reason, people choose to live here!

One agents were due to call me back hours ago and haven’t. Not using them now. Another didn’t answer the phone.

They are all probably remote or agile working and not in an office as usual due to the virus. The usual methods will be different at the moment

 

[peoffrey]

Am I being sentimental in wanting a young family to get the place? Rents are crippling here and it’d be nice to give someone good an opportunity. Having said that, if a buy to let type offers £10,000 more then I fulfil my dream to go to New York.

 

[Uncle Wally One Ball]

I mean more good buyers who won’t mess me around or try and bring the price down by 10% on the day we’re due to exchange contracts. I appreciate it’s in the agents interest to get us the best price as they work on a commission percentage.

The one man I spoke to this morning was fantastic and I warmed to him immediately. We’re in a unique position in London as houses sell quickly. Demand outstrips supply. For some bizarre reason, people choose to live here!

One agents were due to call me back hours ago and haven’t. Not using them now. Another didn’t answer the phone.

They are all probably remote or agile working and not in an office as usual due to the virus. The usual methods will be different at the moment

 

[peoffrey]

@Uncle Wally One Ball You can say that again!

 

[Gareth Barry Conlon]

I’ve rang three already and they’re coming round from tomorrow. I’ve researched online and have a price in mind.

I’m very fortunate as there’s huge demand in London for houses. About 9 million people live here so there’s no doubt in my mind that it won’t sell. Friends have migrated out to Essex easily.

How do I choose the right buyer? Whilst I appreciate the agents don’t get paid until we sell, I want to ensure we’re selling to the right people. No morons, time wasters etc.

I want it to go to the right people and not necessarily at the highest price. This house has been in the family for fifty years.

A decent estate agent will vet anyone who puts an offer in. Most will say they are cash buyers but there is a grey area as to what that means. The ideal candidate has enough cash sat in a bank account, the worst has little cash and a house to sell and they have done nothing about selling it or getting a mortgage as they are up-sizing. The majority of buyers are somewhere in the middle but you need to know and way that up against how much they offer. A genuine cash offer at 5% below what someone else might pay is worth it to some as you avoid the nightmare of a chain. Especially now.

Am I being sentimental in wanting a young family to get the place? Rents are crippling here and it’d be nice to give someone good an opportunity. Having said that, if a buy to let type offers £10,000 more then I fulfil my dream to go to New York.

Yes - you have to accept you have no control once its gone, take the best offer based on £ + situation of buyer.

 

[peoffrey]

I’d ask for proof of funds or a mortgage offer in place before accepting any bid.

We’ve made a huge fat profit on it regardless. I’m not one to bounce figures around but it should go for three times what we paid for it and spent on it. My great uncle only sold it to us to keep it in the family.

 

[denislawsbackheel]

Good luck with getting proof of funds!

 

[Uncle Wally One Ball]

I’d ask for proof of funds or a mortgage offer in place before accepting any bid.

We’ve made a huge fat profit on it regardless. I’m not one to bounce figures around but it should go for three times what we paid for it and spent on it. My great uncle only sold it to us to keep it in the family.

Again, that is what you are paying the estate agent to sort out

 

[peoffrey]

Good luck with getting proof of funds!

Isn’t that commonplace? I nearly bought in Rhodes, Middleton but decided against it. I was a cash buyer and they asked for proof of funds before accepting the offer.