I had to sell my house in the Netherlands when I moved back to my home country in Q3 last year.
I was apprehensive if it'd sell fast enough or not because it was super challenging to arrange for the monthly mortgage. Even the broker didn't seem all that positive about selling it in the coming months because apparently the demand wasn't too great due to corona. She suggested we price it such a way that I don't lose money.
But. The very first person who viewed the house bid for it, 5% over the quoted price, signed the purchase agreement in like two weeks. I was over the moon, I even made a profit when all I was looking for was to just wrap up things at Netherlands.
It was a clear sign that housing demand was red hot in Amsterdam. The prices were already increasing since ~2015 due to a bunch of factors like Brexit and what not but then this pandemic pushed it to a whole new level. Craziness.
Yeah, I see people getting bids 15% over what they put the house up for. And it's considered normal to get more than what you "demand", it's more a "let's start the bidding at" price nowadays.
I was apprehensive if it'd sell fast enough or not because it was super challenging to arrange for the monthly mortgage. Even the broker didn't seem all that positive about selling it in the coming months because apparently the demand wasn't too great due to corona. She suggested we price it such a way that I don't lose money.
But. The very first person who viewed the house bid for it, 5% over the quoted price, signed the purchase agreement in like two weeks. I was over the moon, I even made a profit when all I was looking for was to just wrap up things at Netherlands.
It was a clear sign that housing demand was red hot in Amsterdam. The prices were already increasing since ~2015 due to a bunch of factors like Brexit and what not but then this pandemic pushed it to a whole new level. Craziness.