70% of sellers decide immediately whether or not to sell to a buyer

70% of sellers decide immediately whether or not to sell to a buyer


Todays other news
Tomorrow sees the Bank of England’s next base rate decision....
Hopes of multiple Bank of England rate cuts in 2025...


New research carried out by virtual property viewings platform, U-See Homes, suggests that a bad impression during the viewings process can be a costly mistake for homebuyers. With the current market boom, sellers have a lot of leverage and buyers who fail to make a good impression can lose out to other homebuyers battling out in a high-pressure property market.

The research’s findings

According to U-See Homes’ research, 58% of UK home sellers wouldn’t sell to a buyer that makes a bad first impression. The study also uncovered that first impressions really do matter with 70% of home sellers saying they would decide immediately whether a particular buyer was out of the running for their home.

The findings revealed that 48% of sellers said they would not change their minds regardless of how much a buyer offered above the asking price. The research confirms that it currently is a seller’s market as 21% of sellers stated buyers would have to offer 20% or more to sway them into a sale – that’s nearly £51,000 or more on the current average UK house price.

Other turn-offs for sellers include buyers having bad manners and making negative comments about their property in front of them. Sellers also find buyers not removing their shoes if asked and refusing to wear a face mask as other major faux pas.

When selling your property, would you sell to a buyer who makes a bad impression during the viewing process?

Answer

Respondents

No

58%

Yes

42%

 

 

How long does it take you before you decide that you won’t sell to a particular buyer?

Answer

Respondents

Immediately

70%

1-2 days

22%

1 week+

5%

3-6 days

3%

 

 

How much more would they have to offer to change your mind?

Answer

Respondents

Would not change my mind

48%

20% or more

21%

10% – 20%

14%

5% – 10%

13%

Up to 5%

4%

 

 

What are the main things that a buyer would create a bad first impression on you? (Tick all that apply)

Answer

Respondents

General bad manners

27%

Making negative comments about your home in front of you

22%

Not taking off (muddy) shoes

18%

Not wearing a mask if requested

16%

Punctuality – arriving too early or too late

12%

Appearance

6%

Advice to buyers

Simon Dempsey, head of marketing for U-See Homes, advised: “As the saying goes ‘manners cost nothing’, but bad manners during the viewing process could cost you your dream home.”

“It’s important to remember that someone’s home will often hold a hefty level of sentimental value regardless of the fact that they are selling up. So you shouldn’t assume that they will sell to you just because you put in a good offer, or in many cases, even the highest offer.”

Dempsey added: “We all have our own visions and plans when moving into a new home and discussing these during the viewing process is no bad thing. It’s just important to do it with a bit of sensitivity in mind in front of the current owner.”

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Introducer Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
Recommended for you
Related Articles
Over 3,100 more homes were valued at £1m-plus in 2024...
Four in five UK self-employed entrepreneurs have struggled to get...
In the past four years 50% of buyers have been...
Almost a fifth of sales now encounter gazundering, a firm...
Before inflation rose, some analysts hoped for four cuts this...
Average rates for both two-year and five-year fixed-rate deals have...
Recommended for you
Latest Features
Sponsored Content
Historically second charge mortgages or secured loans as they are...
Lenders must say what they mean and mean what they...
Fraudsters attacking the conveyancing sector, successfully stealing large sums of...

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.

No one likes pop-ups ...
But while you're here