Can someone help me here.

We are selling our property but wish to sell it quickly. We want to get people to view it because its a great house with lots of features worth more than the ceiling price.

If we put the property on the market at £159,950 people may think that it's too expensive for the area so they may not want to view it.

If we put the property on the market at 'In excess of £135,000' which is the ceiling price of the property in this location. will people think that its a fair price and arrange a viewing, then see the true value and offer £159,950.

Or put the house on the market for £159,950 offers welcome.

Ahh my brain hurts.

What do people think?

Regards
Nik

why do you want to sell quickly? You should try to sell for as much as possible and be uber confident, even if your not beneath the surface. Just look for posts by the user 'terrified' for an example of worrying too much.

A house is worth what people are willing to pay for it.

If you want it quickly, start with a low asking price.

I'd not "see the value" - I've no idea how much houses are worth. I just see houses I like the look of that I can afford, then I'd buy the nicest one. There's a lot of difference to me between £135k and £160k... especially if I have up to £140k to spend.
If I viewed a house at "in excess of £135k" and wanted it, I'd offer £135.5k, or £136k
I'd assume you want £135k minimum.
I'd be annoyed if I then went up to, say, £140k and you were still saying no.
I'd think/say to the EA "f*cking w*nkers .... I wish people'd stop wasting my time and just tell me how much they friggin' want".
This happened to me once before. I walked away.
When I found out how much it went for I'd have paid that. But I wasn't going to fanny about playing cat and mouse.

At "offers accepted" I'd certainly come and have a look, I'd be bearing in mind what you wanted for it .... so that would be the best bet so far as I would be concerned.

The best way to know what your home is worth is to simply put it on the market for the price that you would want to get for it. Understand that you may be right, you may be wrong - but ultimately your viewers will tell you what they think the house is worth!

Listen to feedback - if you have a lot of viewers and no buyers, then you are probably priced too high.

I would err on the side of pricing high to make sure you get the most value for the house. You can easily lower the price if you are not getting any bites.

You say that the 'ceiling price' for your property in that area is £135k.

I suspect then, that no matter what feature it has, your house is not going to sell for much more than that.

A 'ceiling price' for an area is just that - you could paper the walls in gold leaf and it wouldn't add any value beyond the ceiling price.

I'd put it on at £145k and see what happens.

PS - a word of warning.

I bought a flat in 1988 for £30k. Put it up for sale in the summer of '89 for £49,950 and turned down a cash offer of £45k the next day.

I finally sold it for £40k six months later and considered myself lucky.

I suspect that we are at a similar point in the cycle right now.

Want to make some money?

You can get polite advice on selling your grandmother
HERE: http://www.singingpig.co.uk/forums/ShowThr...D=322713#322713

If you put offers over a certain price, in this market I don't believe you will get a single offer over the asking price. Sealled bids and that sense of urgency to buy a house has long gone.

However the lower headline price may attract more interest. Bear in mind in the small print of some estate agencies agreements is the clause you have to pay the fee if you get an offer at or above the asking price if you are the one pulling out. Therefore I wouldn't pitch it lower than you are geniunely willing to accept.

Does it matter if you have ownership of the UK Land when it comes to pricing. Is this a better option for leasehold than any other market type?