Help - House for Sale in Killorglin Kerry

doteen

I'm selling my house privately in Killorglin Co Kerry, have it up just over 2 months & not receiving any interest at all. I'm selling as we want to relocate nearer to our families. Any houses that I've looked at for sale out of interest are all done through the estate agent. Would it really be worth my while selling with the estate agent and not privately. The reason we decided to sell privately is to cut out all the costs & fees etc the estate agent charges.

I've the house up for sale on the norm websites that you can use as a private seller. But I've read so much on selling privately and it seems Irish people feel uncomfortable buying directly through the seller & dealing directly with them along with all the other issues involved. Dealing with estate agents cuts all this out. I know I'd prefer to deal directly with the seller and cut out the auctioneer but I know that just me then. Its so hard to know what to do.

Any advice would be great.

Rasmus

doteen wrote: »

I'm selling my house privately in Killorglin Co Kerry, have it up just over 2 months & not receiving any interest at all. I'm selling as we want to relocate nearer to our families. Any houses that I've looked at for sale out of interest are all done through the estate agent. Would it really be worth my while selling with the estate agent and not privately. The reason we decided to sell privately is to cut out all the costs & fees etc the estate agent charges.

I've the house up for sale on the norm websites that you can use as a private seller. But I've read so much on selling privately and it seems Irish people feel uncomfortable buying directly through the seller & dealing directly with them along with all the other issues involved. Dealing with estate agents cuts all this out. I know I'd prefer to deal directly with the seller and cut out the auctioneer but I know that just me then. Its so hard to know what to do.

Any advice would be great.

A private sale wouldn't put me off, an overpriced house or no value for money would. I am not saying your house falls into those catagories, but have you looked at all aspects of the sale? Like is it the best presented house in Killorgan (or on your street if it's a big town), the best value house, the best priced for the size?

D3PO

if its priced right it will sell EA or privately. if you have had zero interest fact is its overpriced

RATM

It wouldn't bother me to view a house that was for sale privately. But where I'd be wary is of the seller having an unrealistic idea of its value and hence too high an asking price, which could be why your place doesn't draw interest.

I suppose that is where an estate agent comes in useful, especially in a falling market- they know what similar houses locally have actually sold for and can relay that information which will then serve to manage your expectations on what price is realistically achievable. But nowadays you have the property price register so there is no reason to be over pricing yourself as you have the required information.

If an owner is emotionally attached to a property they will naturally place a higher value on it than a buyer who has only just walked in the door for the first time. Your task is to price it from the buyers perspective, otherwise it is not likely to get much interest at all.

There are other things to be mindful in selling it yourself- paying a professional photographer who specialises in real estate to take pictures for use in online ads can be worth its weight in gold in terms of viewings.

cameramonkey

doteen wrote: »

I'm selling my house privately in Killorglin Co Kerry, have it up just over 2 months & not receiving any interest at all. I'm selling as we want to relocate nearer to our families. Any houses that I've looked at for sale out of interest are all done through the estate agent. Would it really be worth my while selling with the estate agent and not privately. The reason we decided to sell privately is to cut out all the costs & fees etc the estate agent charges.

I've the house up for sale on the norm websites that you can use as a private seller. But I've read so much on selling privately and it seems Irish people feel uncomfortable buying directly through the seller & dealing directly with them along with all the other issues involved. Dealing with estate agents cuts all this out. I know I'd prefer to deal directly with the seller and cut out the auctioneer but I know that just me then. Its so hard to know what to do.

Any advice would be great.

As people are saying here you can sell anything at the right price, so if you are getting no interest it is over priced. Pitch it at what ever price it will sell for and be realistic.

You can also get a few estate agents to look at it and give you a guide price. You dont have to employ them but get the benefit of what they think your house is worth. Pitch it at the lowest price that they give you not the highest because often they will give you a price higher then they can get because they want your business.

doteen

Thanks for the advice. I understand about overvaluing the house, but I've looked at all that and we actually are not overpricing it. Done all the research and its at the right price. Also I suppose so many houses for sale too now.

D3PO

doteen wrote: »

Thanks for the advice. I understand about overvaluing the house, but I've looked at all that and we actually are not overpricing it. Done all the research and its at the right price. Also I suppose so many houses for sale too now.

What research have you done to figure you are pricing it correctly ? The fact is you havent if you had it priced correctly you would at least have had interest.

doteen

I've taken the price of recently sold houses in the area including in my estate and based it on that.

flintash

Well lads, its Kerry, not Dublin. I'd say give another couple months, see how it goes. By the way, is there way to post the link here? Potential buyer D3PO might get interested

D3PO

doteen wrote: »

I've taken the price of recently sold houses in the area including in my estate and based it on that.

so you have just picked an arbitrary number sase don some other house sales with no knowledge of their condition, if they had extensions, etc and jsut based your price on this ?

Let me guess you just picked the highest of those sale prices or the average plus a bit and put it up. Not that simple.

doteen

D3PO that is incorrect. I have based it all on what other houses have sold for in my area and even in my estate & have not taken the highest or the average. I know the condition of these houses too and do realise also that every house for sale is different regardless. Thanks for the advice though.

Rasmus

How long did it take similar houses on your estate to sell?

TheDriver

i sold my house privately by putting an ad on daft and sticking sign outside. It sold before others in the estate. People who came to visit commented on how refreshing it was to deal with someone who knew the house and who was willing to tell the truth about questions asked. It also cut out tyre kickers because they won't view as its not an EA who doesn't care. Also saved myself a few grand on the sale.

However you must price it correctly and also it may be a crap house, sorry but no one can sell a crap house over better ones. or its simply overpriced.

the_syco

Throw up a link to it, and we'll pull it apart if anythings wrong with it?

flintash

TheDriver wrote: »

It also cut out tyre kickers because they won't view as its not an EA who doesn't care. .

Can you please explain me this? Tyres Kickers in house market? Somebody really look at the house without intention to buy?

TheDriver

absolutely, they make be thinking about buying a house but just not yours! I know people who are just looking at everything even though they know the parameters of their search hence tyre kickers...

flintash

Thats not fair view at this. People gonna make probably biggest decision in their lives, hence spend lots of time investigating property market.
You see, buyers do not employ professionals to give fair value of the house. And how you describe fair value? Location is just one part of the pie.
Say for example, houses in my area going for 200k, turn key condition, looked after and so on, but they are out of my budget. Then a house put on sale for 180k liveable and everything . Sounds like a value,ah? There is no way to bring this house to higher standards for price difference, but hey, how would I know there is no value here- I'm not a tyre kicker! I haven't seen other houses, I cannot compare! well, I'm not going to see every half million house for sale in my parish , but calling people tyre kickers in property market is not fair.Then again. it is just a hour of your time, and you will be collecting hundreds of thousands after all.

doteen

Thanks guys for the advice, I'm going to stay with selling privately I won't be changing the price, my house is in fantastic condition, not been biased, but it's true, its a better house than many more in the estate and that I know. We've done so much to it when we bought it as builder's finish. Who knows some millionaire might buy it as a holiday home, which would be ideal as that. We'll just wait and see!!

jenniferalan

Why not post a link to one of your ads?

the_syco

flintash wrote: »

Can you please explain me this? Tyres Kickers in house market? Somebody really look at the house without intention to buy?

Your neighbours, or anyone with a house like yours, will pop in to see how they could improve their house. See how you have your kitchen done up, if you squeezed in an ensuite somewhere, etc. They have absolutely no intention to buy, and may even ask what tradesman did you use for X extension, or Y ensuite.

flintash

I see. I didnt think of that . Well then, damn those tyre kickers

doteen

http://www.daft.ie/1680607

Scortho

flintash wrote: »

Can you please explain me this? Tyres Kickers in house market? Somebody really look at the house without intention to buy?

My mam will view a property at least once a month! It's rediculous at this stage. And we only moved into our new house in 2010! But some people actively enjoy viewing with no intention of buying

Scortho

doteen wrote: »

http://www.daft.ie/1680607

Not trying to be harsh but it doesn't jump out at me as a quarter of million euro house. For the following reasons:
Poor sea view,
Poor garden (as in little/no plants)
In an estate,
Bland decor.
If I was buying this I wouldn't be interested at 250,000. I can buy a house in south dublin for close to that price.

In reality if you've had little or no interest in this, you have to drop the price. And significantly. However if you think you'll get that price, then hold out by all means and you just might get it. But I doubt it. It's a buyers market out there and they are willing to wait for the right house at the right price to pop up. It's not what it's worth 6 years ago, it's what it's worth today.

The_Conductor

doteen wrote: »

http://www.daft.ie/1680607

Having viewed the add- its not a bad house- but I'm puzzled at the price.
I can buy a larger house on the outskirts of Dublin for a lower price (Lucan, Celbridge, Maynooth).
While I appreciate that you think its worth this- at the end of the day its not what you think the property is worth- its what potential purchasers think the property is worth. 250k- based on location alone- is the issue here.

What market are you aiming the property at?
Has the property been independently valued for mortgage purposes lately?
When you say you know the prices that local property has sold for- is this from the Propertypriceregister.ie website- or what are you using as a yardstick?
Have you factored a reduction into these prices for any sold before Christmas (aka before the abolition of Mortgage Interest Relief).

There was a small spurt in sales in Oct/Nov/Dec- as people rushed to complete sales before abolition of MIR. If you missed that boat- you are going to have to reduce prices on those achieved in Oct/Nov/Dec by possibly as much as 5-10% (prices resumed the falls in Q4 2012, and Jan 2013 in any event- so its a fact that you're chasing the market downwards).

Personally- if I was interested in buying in Kilorglin- I wouldn't bother even viewing based on the asking price to be honest. When I'm looking at houses in particular areas, I have price ranges in mind- and enter them on Myhome.ie and see what the results come back with. Your property wouldn't feature, based on the asking price.

Actually having looked at Knocklyne Killorglin on Propertypriceregister.ie I can only see one solitary 2012 sale- 5 Knocklyne Close for 114k. I can't see any 2013 sales in Killorglin whatsoever.

Its a bad market- and you're asking for top dollar.
Does not compute.

jenniferalan

May I suggest that you rethink the photos on the ad. If you got a professional photographer to do few shots it would sell the house better. Also remove stair gate and the ones in sitting room around fireplace and tv

Gosub

I'm currently searching for a country property, albeit in the south-east. I wouldn't even consider viewing at that figure. I would expect a house in an estate to have a pricetag in the region of 150K. Your house looks lovely, but I wouldn't pay that for it, or even close. Remember, this is from a potential buyer.

I agree with the advice offered re the child guards. Remove them for the pictures. A potential buyer may not have young kids and can't see the house as it would be if they bought it.

Zulu

Putting the price issue aside, take new photos.

Remove all child gates etc (they make the rooms appear smaller)
Take new pictures of the garden

The shadows across your garden do not make it inviting. It appears cold and unwelcoming. Retake photos when the shadows aren't a prominent.

Retake interior photos. And post photos of all the rooms from different angles. Why limit the photos?
The photo of the room with the fire is all dark (due to sunlight in the window), no one can see.

If you are going to sell this yourself - come on, get the basics right.

The Dagda

Are you going to value it at 250k for the household tax?

D3PO

doteen wrote: »

Thanks guys for the advice, I'm going to stay with selling privately I won't be changing the price, my house is in fantastic condition, not been biased, but it's true, its a better house than many more in the estate and that I know. We've done so much to it when we bought it as builder's finish. Who knows some millionaire might buy it as a holiday home, which would be ideal as that. We'll just wait and see!!

This is the exact attitude that will stop you from ever selling this house. Sorry mate but this house isnt worth 250k or close to it. No wonder you haven't had any viewings

whippet

OP ... The last house sold in that area according to the property price register was sold for €195k ... That was back in 2011 !!!

House prices have dropped since then, I would suggest you revise your research methods as to what asking price to set.

I would estimate a max asking price of about €180k and expect about €170k as a decent price..

An estate agent would probably have given you better advise as to what price to ask and saved you all this wasted time.