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Eddie_George

Longest Time On Market According To Propertybee

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Every now and then EAs in my area manage to relist their entire stock on RM and stuff that has been on for years looks like it has just come on.

Indeed - but if the property is so stale / overpriced that the EA doesn't even bother to do that...

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How on earth do they get on with their lives. They're just stuck in limbo.

With tuppence for paper and strings

You can have your own set of wings

With your feet on the ground

You're a bird in a flight

With your fist holding tight

To the string of your kite

Oh, oh, oh!

Let's go fly a kite

Up to the highest height!

Let's go fly a kite and send it soaring

Up through the atmosphere

Up where the air is clear

Oh, let's go fly a kite!

When you send it flyin' up there

All at once you're lighter than air

You can dance on the breeze

Over 'ouses and trees

With your first 'olding tight

To the string of your kite

Oh, oh, oh!

Let's go fly a kite

Up to the highest height!

Let's go fly a kite and send it soaring

Up through the atmosphere

Up where the air is clear

Let's go fly a kite!

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How on earth do they get on with their lives. They're just stuck in limbo.

There's a big house near me that's been on and off the market for at least four years, an older couple (only 60's so still mobile) at the same price. I'd guess they can wait, and not in too much of a hurry. Crunch would come when one pops their clogs or they get dodgy knees. Financial situations would effect them too one way or the other.

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Guest eight

How on earth do they get on with their lives. They're just stuck in limbo.

Any house that has been on the market multiple years isn't really for sale IMO. In the same way our house isn't for sale, but would be if somebody offered a million quid, if these people were actually motivated to sell they would have reduced the price until they actually found a buyer.

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I was talking to an EA who said a lot of the ones that have been on forever aren't even trying to sell.

They're either caught up in a divorce where one side is stalling or an elderly person under pressure to liquidate from family.

Edited by slacker

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Any house that has been on the market multiple years isn't really for sale IMO. In the same way our house isn't for sale, but would be if somebody offered a million quid, if these people were actually motivated to sell they would have reduced the price until they actually found a buyer.

Exactly. One in my search area is three days shy of four years 'on the market', one price reduction after 1 month in October 2009, nowt since then. Why even bother viewing it?

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