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House selling sweepstake
So our house is going on the market this weekend. Finally making the push to get away from chavsville and do the move to the ...
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At Work
House selling sweepstake
So our house is going on the market this weekend. Finally making the push to get away from chavsville and do the move to the countryside (I desperately want a pond, some ducks, a goat and a little pig!)
Fancy a sweepstake as to how long it will take to sell?
I'd create a poll if I knew how (although whilst investigating I did just notice a spell check button. No excuse for poor spelling now!)
p.s. just to get it in before anyone else: [x] should be in blog
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Re: House selling sweepstake
4 weeks to accepting an offer, 9 months to actually completing the deal
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At Work
Re: House selling sweepstake

Originally Posted by
dodgy
4 weeks to accepting an offer, 9 months to actually completing the deal

That quick? I'm thinking up to 12 months!! Or maybe I'm just pessimistic!
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Really Bored
Re: House selling sweepstake
I sold mine in 2 weeks, and i shall be completing at the end of this month at the latest.
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At Work
Re: House selling sweepstake

Originally Posted by
Greenman
I sold mine in 2 weeks, and i shall be completing at the end of this month at the latest.
Wow, now that would be very cool. Well done.
There have been a couple of houses in my estate on the market for over a year. Both have problems and are massively over valued however. Fingers crossed.
We've not yet found anywhere to make an offer though. Refined the search area to some lovely Essex villages (yes, they do exist!). Problem is all the houses that look right, are up around the million price bracket and a tad* out of our price range!
* tad = essex speak for massively!!!
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Really Bored
Re: House selling sweepstake

Originally Posted by
JAYMZ
Wow, now that would be very cool. Well done.
There have been a couple of houses in my estate on the market for over a year. Both have problems and are massively over valued however. Fingers crossed.
We've not yet found anywhere to make an offer though. Refined the search area to some lovely Essex villages (yes, they do exist!). Problem is all the houses that look right, are up around the million price bracket and a tad* out of our price range!
* tad = essex speak for massively!!!
We have a few around our estate that have been on the market for getting on a year now too. It's because thay are shit holes and the people want far too much money for them.
If you put it on the market for a sensiable price then hopefully it will sell quite quickley.
Might be different in essex than over here in bristol though...?
Good luck.
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Should Get Out More
Re: House selling sweepstake
Been for sale over a year and dropped £60k off the price so far. Its now lower than the first offer we had!
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Re: House selling sweepstake

Originally Posted by
Taipan
Been for sale over a year and dropped £60k off the price so far. Its now lower than the first offer we had!

Yikes!
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Should Get Out More
Re: House selling sweepstake

Originally Posted by
JAYMZ
Yikes!
I think its pretty much bottomed out now though.
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Fuelled by 1664
Re: House selling sweepstake
If it is priced right, it will sell. There has been a house on my road for sale for 3 years !!!
One next to it went up for sale 2 weeks ago and it sold in the first week!
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At Work
Re: House selling sweepstake

Originally Posted by
Taipan
I think its pretty much bottomed out now though.
We're seeing a lot more commercial acquisitions at work over the past few weeks, which is a good sign.
Our research dept gave me some interesting stats the other day:
Q2 2007 - 629 transactions
Q2 2009 - 113 transactions.
Q2 2007 - £17,157m
Q2 2009 - £1,196m
Can't get much worse, surely?!
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At Work
Re: House selling sweepstake

Originally Posted by
Spliffyaid
If it is priced right, it will sell. There has been a house on my road for sale for 3 years !!!
One next to it went up for sale 2 weeks ago and it sold in the first week!
Yeah there are some amazingly stubborn people out there!
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Re: House selling sweepstake

Originally Posted by
JAYMZ
Our research dept gave me some interesting stats the other day:
Q2 2007 - 629 transactions
Q2 2009 - 113 transactions.
Q2 2007 - £17,157m
Q2 2009 - £1,196m
Can't get much worse, surely?!
I think you need to see the trend over time to make much sense of that - transactions for Q2 2007 don't mean much unless they're put in context. What were the figures for the preceding 3 quarters (say), and the other quarters between Q2 2007 and Q2 2009?
Apologies, I have a personal min-hatred of this type of "snapshot" statistic; it's the commonest way in which data is misrepresented
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Re: House selling sweepstake
Sorry, couldn't be bothered to type it all...
2007 q1 - 629
2007 q3 - 561
2007 q4 - 468
2008 q1 - 450
2008 q2 - 366
2008 q3 - 285
2008 q4 - 225
2009 q1 - 223
2009 q2 - 113
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Re: House selling sweepstake
Ta
So much for property market "green shoots" talk that's been going on for a couple of quarters now, eh?
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