Struggling to sell my late mother's flat
Hi everyone. First time poster here. My brother and I are executors of our late mother's estate. We had a buyer for the flat at the end of May, but because it is age restricted he was struggling to secure a mortgage and has since withdrawn (he was buying it for his father in law)
We have two weeks left on the minimum term agreement with the estate agent. They have suggested putting the flat into online auction. The other option my brother has suggested is going to webuyanyhouse.com and getting a quote from them.
We're not after a quick sale as such, but we are concerned about the rising building service charges the longer this goes on, and that we'll be charged council tax from the 1st September.
The flat is currently on the market for £75,000. But I'm just getting the sense that the estate agent isn't really doing all it could to promote it due to the relatively low value (re-reading the agreement they haven't even put up a For Sale sign like they said they would)
Any advice would be appreciated. We are in England