Flat sales

OK, let’s bring you up to date on the current property status.
Firstly, if all goes well, it seems that Hels has sold her flat. She changed agent about ten days or so ago, which resulted in a flurry of new viewings and two offers in the space of 24 hours. The second was much better than the first, and we’re working towards a completion date in mid September.
My flat, on the other hand, continues to sit in the market doldrums. I’m not convinced that there is anything wrong with the flat, nor with the price – £134,950 makes this one of the cheapest properties currently for sale in Chichester. I think part of the problem is that my agent is just too "nice" and simply not aggressive enough. There is probably a very good reason why most estate agents are irritating social outcasts – that reason being that irritating social outcasts are the best people for that particular job.
So, as of today, my flat will now be in a joint agency situation – I’ve managed to negotiate a good wheeze where both agents are charging the same commission rate as I would have paid under the old sole agency agreement. The manager of the new agent came across to me as a greasy and irritating individual, rather too sure of his own abilities, and bound to annoy anyone who has to spend more than a few minutes in his company. These, I feel, are the ideal qualities for an estate agent.
I’ve kept the price the same for now, and we shall see how the new agent progresses. If there are no developments within the next fortnight, then I’ll review things again.
Meanwhile, Hels and I went back to look at a house that I viewed some time ago. It’s a spacious three bedroom mid-terrace property, with quite a big garden, a garage and great views. We discussed it over the weekend, and I phoned the agent yesterday to register an interest and to sound out what sort of offer would be acceptable. Unfortunately, it seems that another offer is pending that is higher than the maximum that we can currently bid, although that purchaser has had their own sale fall through. Our sums were based on an ultra-realistic appraisal of the value that my flat might realise, although if we exceed that then we might be able to get in on this property again by making an offer closer to the asking price.
It’s a shame really, as it is a rather lovely house that is in good enough condition to live in it without unndertaking major works, yet still offers scope for improvements that would add to its value. It also has room for me to work in peace and even space for (whisper it!) a child or two. Hels and I have a mantra that we shouldn’t become "emotionally attached" to a new home until we have the keys in our hands, but that’s much easier said than done.

One Reply to “Flat sales”

  1. My flat was on the market for five months until I sacked the agent, and put it with another with instructions to sell aggressively. It sold within two days.
    If it helps, any!

Comments are closed.