Advice on selling a house (bungalow) quickly for an elderly couple?

What is the most recommended estate agency in Banbury, UK?





My grandparents are wanting to sell their 2 bedroom bungalow quickly, but they need a trustable estate agency they could always rely on.





They were with Connells but they are useless (Connells never communicated with my grandparents) about the house and any viewings and they had taken their property off the market two months ago, and now they want to put it on the market again.





What should they do, any advice?Advice on selling a house (bungalow) quickly for an elderly couple?
The market has been dropping ... and buyers have been loosing their jobs and finding it difficult to get Mortgages .. and the 'smart' ones are waiting for prices to drop further ..


(which it is quite likley to do)





If they really need to sell, there are two possible answers :-


1) Drop the asking price to 10% below the current 'market level' .. and be prepared to accept an offer 10% below that





2) Go to Auction .. and be prepared to get 30% lower than the 'Market price' ..





The final option is for your Grandparents to sell some part of the house to their kids / grandchildren ... yes, I know it seems like they are paying for their 'inheritance', but at least the WILL get the house (this is by far a better choice than putting it into the hands of the 'Equity Release' cowboys .. where your Grandparents will be lucky to get 10-25% of the Market value and the kids will inherit nothing)





Alternatively, they should accept that the housing market is unlikely to recover for 5 - 10 years and they may just have to sit it out ..Advice on selling a house (bungalow) quickly for an elderly couple?
Its the Realtor that is uselsss not Connells. You need a Relator that sells properties. You have to interview your Realtor to make sure your are both on the same page. You can ask a few questions that you already know the answers to , to make sure he/she knows what they are talkling about. Make sure they can AFFORD to list your home (advertisng etc)





You need to know why your home is not selling! Go to other homes that are listed in yout area and see your competition. Price/repair your home to the competition. If there is few sellers in the area you just have to wait. Ask your realtor for the stats (#days on market, sales to listing ratio etc)





Have weekly meeting with your realtor to update the selling plan.(MAKE SURE YOUR REALTOR HAS A PLAN)
Sadly, most of the agencys are the same, and in these slow times very little to report, you might actually want to worry more about choice of solicitor when it comes to selling. - start getting some references.





in my experience, you want a non-chain one.


Preferably local single ownership... but that could be difficult at present.


However, at present all agencies are sufferening lack of income/consolodating and independant ones, if they have no letting support, are going to the wall (so a risk really).





You will have seen the makeover programmes and how to make my house sell etc.


Especially at this time, you (not the agent) will have to simplyfy and clean up the appearance of the property - invest some money to do it. Then for the handful of buyers (not viewers) still left, it will be an obvious choice.





Try and get the agents to come around again (more than one), and tell them to be brutally honest why/what will stop it selling/being someones first choice. And whatever it is, solve it.





Again, in my experience, they are reluctant to tell you..for whatever 'polite' fear of offending reasons.


perhaps give them an incentive.. the one who tells you the most faults gets the business ?





You could also go on some viewings of other properties yourself, and see the sort of mis-impression simple things can have.. and be your own critical eye.





Are any of the property cant sell programmes still on the channel 4/5 catchup websites ?





best I have to offer at present.