Home Seller Question

shazam21's picture
Thu, 02/03/2011 - 09:46
by shazam21

I was hoping to guage other people's opinion on an issue that has just arisen, before I make a decision.

Basically i aimed to put my house on the market in the new year, however a bolt out the blue, my next-door neighbour beat me to it and placed his on the market. I'm a little miffed, but i suppose i should have held my cards closer to my chest, so to speak, and not said anything beforehand...

So his house is identical in size however his bathroom and second bedroom are smaller, but there is an additional study room which is being marketed as a 3rd bedroom. This is my stumbling block as i'm not sure how a 2 bedroom house will look on the market next to a 3 bedroom house for the same price!!

I would very much appreciate people's opinion on this matter as i have little experience of property, and I'm desperate to move down south, closer to work.... If i sell at this price it will be the same as when i bought it 4 years ago, so i really don't want to lower my price....

Many Thanks

sellotape100m's picture
Thu, 02/03/2011 - 17:52
by sellotape100m

Thats an interesting one.

I would suggest you state that the third room can be a bedroom for such as a child, a study, a shower room, storage room or that it has other options open to it.

I would go to several estate agents and get some advice off them as well. I like to watch the tv show Relocation, Relocation and they are always saying to people buying oh look you could knock this wall out and do this that and the other so may be a leaf out of there book could be a big help in the selling point of your home.

Oliver

Oliver

View answers to similar questions

This content is aggregated from other web sites. Please see our terms of use.

  • Is there a fee for the buyer of a home to the estate agent of the seller?

    Hi! I was wondering if there is a general answer to this question: Does only the seller pay their estate agent or is there aslo a fee for the buyer to the same estate agent???
    Thanks.
    If you are in UK - the seller pays. The seller is the one who enters into a contract with the estate agent for them to market and sell the property.

    If you sell your property and buy one through the same estate agent, you still only pay for the property you have sold. It may be worth asking for a discount if you do that - whether you get one is another matter.

  • I was the highest bidder on a motorbike on that well know online auction and it was a total nail?

    I drove the125 Miles to the sellers home to collect the bike.
    When I got there the bike engine was knackered and was knocking its brains out.. In the advert it said "All in good condition"
    I refused to pay the £1500 for the bike as it was not as described in the advert..
    My question is what would you have done?
    Thank you for your answers.
    P.S The seller has opened a "Non-payer" dispute with me,
    What happens there?
    Yes you did the right thing explain to ebay what happened in the non payer report. He can't give you bad feedback so no worries there and ebay should NOT give you a strike if you explain the bike was NOT as described

  • Would you pay someone to find your next home?

    If you could afford to, would you pay someone to find you your next home. The reason I ask is that I want to set-up a property finder business and I wanted to know if there was a market for such a service.

    Services include:
    - FInding the properties,
    - VIsiting the properties with you if you wanted,
    - Negotiating with the seller to get you the best deal,
    - Dealing with estate agents/solicitors etc on your behalf,
    - Organising removals etc,

    If you would, how much would you expect to pay.

    If you wouldnt, why not?

    Honest question and I would appreciate some honest answers,

    THanks
    No i would not pay for this type of service.

    Looking for your home is part of the fun.

    For someone who hates house hunting this service would be great for them

  • Ebay question - Help ASAP!?

    Okay, so I bought an item off eBay two days ago;
    and i pressed buy it now and everything's cool and paid for;
    BUT - do i send the seller my home address? or do they get it automatically? Thankyou SO much for any help.
    Yaayy!
    Thankyouu :D
    ebay will have your adress and will send it autoatically
    :)
    xx

  • How long does it normally take a seller to repond to an offer?

    So here is a litte history in reference to my question... My husband and I found a home we liked last weekend. Our realtor called the agent and he said he had another offer they were going to be wrapping up by Monday and we needed to get our offer in as soon as possible. So we did, we didn't shoot too high because we knew he may be lying to us. We put our offer in Sunday evening and we still haven't heard anything (Wednesday afternoon.) The agent told our Realtor that he would be presenting the offers to the seller this morning. Is this a good or bad sign that we still haven't heard anything? Please help, we are first time buyers and we just don't know how all of this works.
    For Pete's Sake, woman, give the seller some time to make up her mind!

    She only JUST got your offer this morning, like you said. PERHAPS she wants to talk it over with her family after work.

    And, you priced your offer on your fear of your realtor, rather than the value you find in the house? That doesn't bode well--what would it take for you to trust your realtor? You better work on that...

  • can i drive from purchasing my vehicle to my property if has no tax?

    I actually rang the dvla to ask this question and they said there is no way you can drive a car from the seller's property to your home with a non taxed vehicle, it must be taxed or u could be fined. just thought i would put this on here as was searching for the anwer to this and nobody knew so thought i would post the question and answer.
    why youve put in on here is unbelievable - its bloody obvious you cant drive a car on the road with no road tax ! what planet are you from ?

  • Contract Law question help!!!?

    On Friday 25 November, Buyer sends a telex to Seller offering to buy 1,000 tons of sugar at the current market price. The telex is received in Seller’s office after a short delay at 5.00pm. Since the telex operator has gone home for the weekend, Seller posts a letter in the last post on Friday, accepting the offer. This reaches Buyer at 2.30pm on Monday 28 November. Meanwhile at 9.30am on 28 November Buyer sends a further telex to Seller withdrawing his offer. This reaches Seller and is read by him immediately at 9.45am on 28 November. Seller now seeks your advice.

    Advise Seller.
    Assuming intention and consideration are present, which they are here, a contract is created at the moment a valid offer is legally accepted.

    There is one very simple point to this question - has there been acceptance by the Seller before the Buyer withdrew their offer.

    The method of sending the offer (telex) and the "short delay" are red herrings. The offer was received by the Seller at 5.00pm on Friday 25th November. They accepted the offer by post that evening. Your textbook will remind you of the case on this point, but acceptance by post is deemed made at the moment the letter is put into the postbox, whether or not the offeror received it. So in this case the Seller accepts the Buyer's offer and creates a binding contract sometime on Friday evening.

    The Buyer is now bound, so the attempt to revoke the offer on Monday 28th November is ineffective.

  • Random question about "Play.com"?

    I'm on play.com, and i need to contact one of their sellers "Lighteningdiscs" as i need to ask if there "World Of Warcrat" game they have for sale has a new verification code, or has it already been used, but in order to do that i need a play.com account, but as my parents arent currently in, i don';t have there credit card details, therefore cant create an account to view ther contact details, so could someone use this link: http://www.play.com/HOME/HOME/6-/PTSellerProfile.html?seller=9167470 to then click, "Contact seller" or whatever and then post the number on here, Would be much a preciated (: Thanks alot.
    sorry mate i tried that for you but it just creates an automatically generated email no number or email address

  • Does the seller have to lower his asking price?

    We are In the process of buying a house, we had the property we are wanting to buy surveyed (home buyers pack) and the bank (barclays) value the property £13,000 less than the asking price we initially agreed.

    I think it is fair to say that the bank think the house is over priced, hence the lower value and amount they will lend to us.

    So, the ball is in the sellers court, does he have to lower his asking price to match what the surveyor said?

    I guess he doesnt and could put the property back on the market but that means he starts from scratch.

    Are the banks being cautious considering the current market conditions?

    The overall question is:

    I take the surveyors report to be credible and valid, this is my bargining chip, does the vendor have to agree that the house is worth what the bank will lend us?

    All answers gratefully recieved.
    But.....how objective are valuations? A different surveyor could give a very different valuation. The surveyor who valued the property was not local. l know banks are being over cautious at present what with the credit slump etc.

    The reality is that the seller needs the full asking price as he is already committed on another property. having spoke to the sellers estate agent he will in NO WAY drop the full 13,000.

    I blame estate agents for talking up the market ;o(
    The seller doesn't have to lower his price but it looks like there won't be a deal unless he does.
    At the moment surveyors are being cautious with valuations as the banks are scared of being caught out with over-valued properties because of the goings on in America earlier this year.
    The survey is a great bargaining chip to use to get the price reduced but there's nothing to stop the vendor holding out for the full amount, especially if they have had lots of viewings, etc.
    You now know how much the bank will lend on the property so if you really want it you may have to put more of your own money into the pot to buy it.

  • Microsoft Office 2007 Home and Student.?

    It comes with 3 licenses. Could I buy it and share the cost with 2 others so we could all have a copy or are the licenses limited to use in the same house? Too expensive to buy on my own but if 2 of my friends chipped in we could all have a copy. Is this legal and would we all have licensed copies as i've heard from one seller that all 3 licenses have to be at the same address and another seller said it can be installed on any 3 pc's. If anyone could help with this question would be really grateful. Thanks.
    I haven't heard or seen anything thats said that you get three licenses with Home or student. However, IF you do get three licenses they will work on whatever computers they're installed on. Microsoft will not be able to collect data that they are all activated on the same address etc. Three licenses means three separate PCs regardless of where they are.