houses not selling

[mollyflanders]

put my house on market with agent on friday past, and it was sold at the price we wanted on sunday, two hours after the person viewed it, was i pleased yesssss

[Gollywobbler]

Originally Posted by mollyflanders

put my house on market with agent on friday past, and it was sold at the price we wanted on sunday, two hours after the person viewed it, was i pleased yesssss

Hi Molly

Welcome to Poms in Oz. It is lovely to see you on here.

This is great news about your house. Well done.

I have a question, not out of ghoulish curiosity but because I understand the conveyancing system in England & Wales but know nothing about the system in Scotland and I know that your house is in Scotland. I'm curious about how the Scottish system works because I know it is different from the English system

When your buyer made the offer, are both of you now locked into the deal? I've heard something about the buyer puts in an offer in writing and if it acccepted there is no turning back for either side? Is this so or is it just a rumour that I've heard and which I only half-understood?

I am intrigued to try to find out more about how it all works in Scotland.

Cheers

Gill

[AndyandAlly]

A work friend just bought a house in Aberdeen, she had to put a sealed bid in and top bid won.
cheers
Ally
x

[buckbuchanan]

In the Scottish system a verbal offer is legally binding (off course there is nothing stopping anyone from saying they didn't make the offer in which case I would make sure I had it in writing before proceeding). However, as Ally says many properties in Scotland are going to sealed bids which have to be in by a certain date. This is causing huge problems because people with lots of money from the south are bidding 25% above the asking price which is pricing local people out of the market and makes it very difficult to decide how much to bid. The one thing that you can't do in the Scottish system is gazzump anyone as once you have agreed to sell there is no going back.
I think we should merge the English and Scottish systems together and we might actually get something that everyone is happy with :-)

[Bobcat]

Originally Posted by buckbuchanan

In the Scottish system a verbal offer is legally binding (off course there is nothing stopping anyone from saying they didn't make the offer in which case I would make sure I had it in writing before proceeding). However, as Ally says many properties in Scotland are going to sealed bids which have to be in by a certain date. This is causing huge problems because people with lots of money from the south are bidding 25% above the asking price which is pricing local people out of the market and makes it very difficult to decide how much to bid. The one thing that you can't do in the Scottish system is gazzump anyone as once you have agreed to sell there is no going back.
I think we should merge the English and Scottish systems together and we might actually get something that everyone is happy with :-)

We have sealed tender bids down-under too.......... thankfully they are not as popular as mainstream methods of sale.

We also ask for 'Expressions of Interest' too............ that tends to sort out the tyre-kickers from the rest.

No gazumping down-under........... leastways not in WA anyway?

Point of order.......... here in WA there is no cooling off period so it's important you as a potential buyer have done your homework prior to purchasing here in the west?

Don't rush into signing on the dotted line................... scrutinise the contract prior to signing. Contracts can be geared towards either party for their benefit.......... if at all you are unsure about anything....eg legality of addition re council approval, connection to deep sewer as opposed to septic tanks................ add a clause to that affect. Put everything down in writing........... don't rely on a verbal.

[afiyafifi]

Originally Posted by tony271168

we all know houses are not moving at the minute, my house is priced at 330.000, i have dumped it to 285.000 and now im getting views every night. I now have 2 people who want it but haven't sold their own but i changed agents it made a big difference. Anyone look on rightmove at my house at le193ps and look at the difference a new agent can do so i say to you all take a leaf out of my book do your house out nice put it on the market early and price to sell you may even be able to use my agent if its going on rightmove. I've got another lady round tonight . she is in rented p.s lets get out of this sh1t hole

HI ,I KNOW HOW YOU FEEL . ARE HOUSE HAS BEEN ON THE MARKET SINCE MAY, HAD ONE VIEWING , WE EVEN KNOCKED THE PRICE DOWN AND STILL NOTHING . GOT A PHONE CALL AN HOUR AGO FROM ESTATE AGENT SAYING THAT A YOUNG COUPLE FROM OTHER END OF COUNTRY ARE VERY INTERESTED ..... FINGERS CROSSED THAT WOULD BE ONE STEP CLOSER TO OZ ......... KAREN

[mandy1]

Hi Karen
Good luck on this new viewing. It could be the 'one'. We haven't had any viewings at all this week so am getting a bit disheartened again. Still what can you do apart from drop the price a bit but then you amy still end up with no viewings anyway.
Good Luck
Mandy x

[tony271168]

Originally Posted by afiyafifi

HI ,I KNOW HOW YOU FEEL . ARE HOUSE HAS BEEN ON THE MARKET SINCE MAY, HAD ONE VIEWING , WE EVEN KNOCKED THE PRICE DOWN AND STILL NOTHING . GOT A PHONE CALL AN HOUR AGO FROM ESTATE AGENT SAYING THAT A YOUNG COUPLE FROM OTHER END OF COUNTRY ARE VERY INTERESTED ..... FINGERS CROSSED THAT WOULD BE ONE STEP CLOSER TO OZ ......... KAREN

Hi Karen

Hope you manage to sell. We have two people who want ours but they still haven't sold their own. We also had a young childless couple who came round but said our 4 bedroom detached was 2 small for them!?!?!

[mandy1]

Hi
You definately get all sorts in this selling game. We've had one lady say that ours was too big (its a terraced!) and one saying it was too 'quirky' whatever that means. We've also had the 'just looking' types who aren't even in a positon to buy and the ones that are in a position to buy but want a 4 bed detached for the price of a terraced house! Oh well, in the words of the song ' always look on the bright side of life' maybe a buyers just a viewing or two away-fingers crossed xx
Mandy x

[tony271168]

i had a couple round last night to buy the house no children just 4 dogs 2 seater sports car you no the type and they said it was 2 small look on right move le193ps already droped 45k got the visas