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Once Your Property Is On The Market

About this guide

Now that you’ve done the preparation, your property should be on the market, meaning it’s time to wait until a potential buyer places an offer. This is the stage where patience is key. Not every property will receive immediate attention and so don’t be disheartened if the offers don’t start pouring in right away. 

Compare My Move have compiled a number of helpful guides to inform you of what to do once your home is on the market. We will explore your options once you’ve received an offer and will also take you through the next steps if your home simply isn't selling. There are many routes to take and so it’s vital you do your research whilst the house viewings commence.

  • 1. How long does it take to sell a house?

    Our research shows that it can take an average of 4-7 months to sell a house. However, there is a range of factors that can affect this timescale and even potentially delay the entire process. In this guide, Compare My Move will take you through the different stages of selling a house and explain the different elements that may affect their completion.

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  • 2. Considering and accepting an offer on my house

    Receiving an offer on your house is exciting, but it can be difficult to know whether or not you should accept it. Many buyers will first offer between 5% - 10% below the asking price, opening it up for negotiation. Last year, many sellers sold their homes for 3.9% below the asking price, so it’s important to be realistic with your prices.

    Compare My Move go through the vital questions you should ask yourself before accepting an offer, allowing you to consider and re-evaluate your ideal house price before starting the negotiation.

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  • 3. How to negotiate offers when selling a property?

    Your estate agent will be responsible for negotiating offers when you sell a property, but ultimately you will have the final say. Take time to research similar properties to yours and their selling price to get a good idea of what is a good and bad offer.

    Be prepared to negotiate with the buyer when selling your house. Negotiating an offer doesn’t have to be as difficult as it seems. Be confident in your response and carefully consider the counteroffer you’re presenting.

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  • 4. Why isn't my house selling?

    There may be many factors why your house isn't selling, from the price tag to the online marketing. Compare My Move's experts have put together this guide to highlight the reasons why your house may not be getting noticed.

    Take the time to go through your options before deciding your next steps. Some houses won’t sell easily and the length of time it takes will vary. On average, it takes around four to seven months to sell a property in the UK.

    Read this article