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Saturday May 25, 2019

No interest in property

I have my property on for £195000 in Dereham Norfolk it is advertised as 'in excess of' - Should I change this?

Asked on Sep 16 2017, Selling in Dereham | Report content

Answers (5)

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  • In my humble opinion, maybe you should at least try :) For how long was that?

    Answered on Sep 18 2017, Report content
  • In my opinion I would change it. A set asking price is much clearer.Good luck

    Answered on Sep 20 2017, Report content
  • There are a number of things that impact the 'saleability' of your property. The location, size, condition, and price. If you are not getting interest, there are only two of those things that can be changed. The condition, or the price. In most cases, it does not pay to do any cosmetic work so you're left with one thing; the price. If you're having no interest, 95% of the time it's because people perceive the property as too expensive. 'It's only worth what someone is willing to pay for it'. The only other thing I'd throw in to the mix is marketing, most agents marketing is sufficient, and some is exceptional. However, there are those whose marketing is terrible. Make sure you have great photographs of the property.

    Answered on Sep 21 2017, Report content
  • Hello Rochelle - it would also depend on what comparable properties have been selling for and the level of demand. If general (sold) prices are pointing to over £195,000 and there is a genuine feeling that there will be a "bidding war", then it may be justified. Best of luck with the sale.

    Answered on Sep 23 2017, Report content
  • Have you considered selling at auction? The starting point is to request a "reserve price" from a few suitable auctioneers.

    Answered on Jan 28 2018, Report content

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