Unreasonable worrying about home selling

[andrewducker]

We're on a deadline. Not a _specific_ deadline, but we've basically said "We're buying your house, as soon as our flat sells." And nobody expects it to happen in the first week, but they do expect it to happen in a reasonable amount of time.

I say "Nobody expected it to happen in the first week", but 5 people saw it last weekend and four of them were positive about it. One of them was really really positive about it. To the point of asking whether we were up for them making an offer (to which I said "of course").

And yet there have been no offers. And no notes of interest. And while I didn't expect it to sell instantly, I now have no idea what to expect. Because if people can be that visibly excited while looking at the flat, and not actually decide they want it, then I have no idea how excited someone actually needs to be to go for it.

I don't think we've priced it out of the market. It looks reasonably similar to others in its price bracket. I think we're just going to have to wait for things to happen.

But I do wish it didn't lead to me waking up at 6am stressing about it.

Comments

[mountainkiss]

Speaking from the other side of the fence (as purchaser): recalling from my experience, it seems to me that your agent should be playing of substantive role in this. When I looked at properties that I didn’t want to buy, I still heard from the agent within about 24 hours, to ask about my interest so that they could keep the vendor posted on the state of the market. When I was interested, I was the person who got in touch directly with the seller, through the agent. The agent was very obviously acting on the sellers’ behalf. He or she would gauge my interest, but make it very clear that an offer was going to be accepted only if I were the sole person who had an interest; in any other circumstance, there would be a sealed bid process. If I recall correctly (by no means certain), I was told that I should expect the time gap between the viewing and a sealed bid process to be around 2 to 2 1/2 weeks. In all cases, the agent was highly active and engaged on behalf of pursuing the best outcome for the seller.

[andrewducker]

That makes sense.

The issue we hit last week was it only going on the market on Friday, and me not having the sheet for capturing interest on until this week. Largely my fault. I asked a couple of them, but it would have been better if I'd managed to print one off myself.

This week I have one sitting out and have captured the details for 5 people so far. (First 40 minutes were non-stop, next 40 minutes have been dead, will keep fingers crossed for another surge in the last 40 minutes).