You only need one person who loves the house to sell. Our last house was on the market for about 3 months and we were thinking in taking it off the market.

The next person through wanted it, no negotiation over price, and completion in 30 days

PAMD is the act that regulates Real Estate Agents and Motor dealers, I've just checked and it is Queensland's act (not sure where you are located, but I am pretty sure it's not in QLD lol). The form is for appointment of a Real Estate Agent (Sales and Purchases).

Every state stupidly has different processes, if you are in Victoria it is an Exclusive Sale Authority - which has a 60 day term as well.

I would get onto your agent, they should be working for you to get the best possible result. They should be in contact with you weekly giving you updates as well as after every open home. Maybe they are not marketing to the right group of people, if the house is around schools etc it should be mentioned in the description.

Make them earn the money you will be paying them if and when it sells. If they are not working out find an agent that is willing to put the effort in to get you a sale at the best possible price.

The state of the market doesn't help and you have to expect that it will take a little longer to sell, but your agent should still be working as hard as they can to get it sold as soon as possible for you. Good luck, hope it sells for you soon!

As a means of selling your property without further discounting, you might like to look at how the property's being presented.

In my experience, clients who do the right things presentation-wise add $3 in value for every $1 the spend getting a property to look good.

I guess my point is that you'de be better to spend $10,000 sprucing the property up rather than taking $30,000 off the price. That is, it keeps an extra $20k in your pocket.

If the property can be viewed online, flick me the URL and I'll review and provide feedback (private and no cost).

Richard Armstrong
The Makeover Group - Expert Property Presentation
richard@themakeovergroup.com.au

Similar situation, house has been on for about 9 weeks. Heres our timeline:
Weeks 1-5 - Advertised a price range with open inspections...had about 9 groups through all up - 1 offer about 9% away from low end of price range
Weeks 6-7 - Removed price range and had no price advertised. Had about 12 groups through - 3 offers all around the same price, again 9% away from low price of range
Last week - Advertise a asking price $10k lower than the initial price range - no one came to the open
Havent had any enquiries this week so expecting the open to be a dud again.

Agent has been good, does heaps of follow up and keeps me informed a couple times a week. Just a bad time to be selling at the moment i think.

Yeah we had our first open day on Saturday and had no one come.

Good luck everyone

Still no offers - Real estate agent is telling us just to hang in there. We've still having an average of at least one party through a week but no joy.

We just want this sold so we can start our build.

It's frustrating jemsaf. We are 5 weeks now and nothing - but we've only had one lot through. Didn't even get any enquiries after an editorial appeared last week. Advertising again this week and open day on Saturday.
Have you gotten any good feedback from the agent?
After our open day we are opening up our listing to another agent as well.
Hope we both find our buyer soon

We've had good feedback from the agent - very well presented etc.... I just don't know why we still can't find a buyer!

Good luck with your sale.

We went through the same thing last year and after about 9 weeks we sold but we stuck to our guns with the agents as the first thing they will try and get you to do is lower the price. We ended up saying we want an offers over our mininum $$$ price instead of a price range and they said that we won't get as many buyers through, but we said any that come through at least it will be in the buying range WE want not the agent and surprise surprise we sold it a week later as genuine buyers came through not time wasters.

Hi all, Spoke to our agent this morning and he assures me we're doing everything we can to sell this dam house! I mentioned the price range issue and he advised that if we set a price it would have to be below $200k (hoping for 210K) so as to catch the market we are after. so looks like it's just a waiting game....
Agent seems to think it's just the area we are in that is coursing the delay in sale....

still nothing on ours as well. Agent reckons we should have more interest this weekend thanks to the drop in interest rates. We considered dropping the advertised asking price but i think people will just keep offerring the 5% away from it. So we will stick to our current price and negotiate with any "serious" bids. Good luck everyone.

Had a lot more people through on the weekend. About 7 groups in total. One requested contract and getting a valuation done.

Ooh that's exciting RichA. Hopefully something comes of it for you

Hi. Not getting too excited about it. Guy has not even made an offer. Wants to find out what the bank values house at first before he makes one. Its an unusual way to go about it. Hopefully he's prepared to make a serious offer otherwise he would have wasted the $200 on the bank val.

I take it as a positive - at least SOMETHING is happening.

We had a few through on the weekend but nothing from it. Now listed with another agency as well - and all they are saying is how rubbish the market is right now

What made you change the agent? Are the new agents using a different sale approach for your house?

We are now dual listed. The first agent was a friend, and is located a bit further away - she only really touches on our area but I wanted to give her a chance (and would still prefer to pay her the commission rather than the other agent). The new agent is much closer and has a good record for selling around here. Although their ads appear in the same paper at the same time, my house may get missed only being advertised with the first agent as you wouldn't automatically assume to look for my location there, whereas the new agent is their normal area. However, the editorials I have had are generic and haven't produced any response at all which is quite worrying.

I see. Listing with a local agent makes sense especially if they have a number of other properties on there books so you can draw in their other buyers. Best of luck with it. Were having another open tonight and again on saterday...reallly want this house SOLD so we can move on.

Good luck. We have another open booked for the Sunday after mothers day but nothing with the new agent yet. Must get on to her about that actually. If I have no luck then will have to drop the price in a couple of weeks.

2 groups came through last night. Got an offer from one of them for $515k. All the 4 offers weve received have been exactly the same figure (all 7% off our asking price). What should we do? 2 houses sold in our street last october for $535k and $545k. All the house in our street are built by same builder so they all have same fit and finish and similar layout and land size. Condition wise, the $535k one wasnt maintained well but ours is pretty much imaculate. Has the market pulled back 6% in the last 8 months?