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Should buyers be willing to put in more effort on properties they buy and not expect such huge reductions from asking price?

It seems like we have a generation of people who want a property cheap, they want everything to be modern and to their taste and they expect the vendor to pay by way of reduction. In times past we have sold properties without having to put in a new kitchen etc. What is wrong with putting in a little hard graft of your own? New builds offer those who don't like to lift a finger everything just so, why expect this from a second hand home? Lived in homes are lived in, the clue is in the title. We are sellers considering going off the market for some time, well, until such time when people can have the vision to look past what isn't perfect in their eyes. It is becoming too expensive to move through the sheer cheek of the offers so far received. Anyone else feel this way, or not?

Asked on Aug 30 2011, Selling in London | Report content

Answers (1)

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  • I must say I agree in part, people do expect a little more these days. If your property is clean, tidy/uncluttered and well presented, then the only other thing to triple check is the price. Get a couple of up-to-date valuations and check prices in the area yourself. If your property is competitively priced and still won't sell, I would advise you take a break from marketing it until there are less similar properties on the market in your area, or until the market picks up. I know what properties are selling for in the area I live, even if we wanted to sell, we wouldn’t sell for the price we would currently achieve. You can only accept what you want in order to comfortably move, otherwise you might as well stay put.

    Answered on Aug 31 2011, Report content

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