Loking at your comments below from early August seems hiking the price wasn’t such a good idea.
I hope the floods of interest at the original price are still there.
IMO messing with the asking price has shown (rightly or wrongly) that you are desperate to sell and the shenanigans will now attract bargain hunters offering well below what you want.
So many house sellers see the value of their property through rose tinted glasses. Its only worth what someone is prepared to pay.
we were flooded with interest at €250,000. We had an asking price offer in 24hrs from someone renting 10 mins away. It’s just business we want to get as much as poss. For info €275,000 is a lot less than max estate agent finger in air valuation. It is a bit above min 2 valuations so in middle of 3.
I would not have put the full address on that advert either as it will go world-wide and may attract some unwanted attention. The nearest big town would have sufficed. If you notice immobiliers never put the full addresses on the web either.
Isn’t that because they don’t want potential buyers bypassing the immobilier and doing a deal directly with the seller? In this case, however, there’s no agent.
It’s often not difficult to find the exact house for sale using Google maps if the place it’s in isn’t too densely populated. I didn’t that a lot when house hunting a couple of years ago, and it was rare not to find the house.
Private sale doesn’t save the purchaser agency fees; estate agent fees, typically 5%, are taken out of the agreed sale price before the seller receives it. So it saves the seller 5%, not the purchaser.
If you’re the purchaser in a direct sale, you should consider what you consider a correct price for the property and settle for 2.5% less - therefore splitting the fees. Don’t forget that your “frais de notaire” of about 10% (that mostly go to the state, not the notary!), that the purchaser does pay, are based on the sale price, so you actually save a bit more here too.
Depends entirely whether the seller jacks his (or her) price up by 5% because there’s no agency involved, or whether the buyer does his homework, check what similar properties are selling for “net” in the locality and makes sure he (or she) is not ripped off.
