Started property search in February (London) and saw various properties quickly sold, obviously riding on post election bounce. We did not put in offer for any. Now we are seeing from this week properties that were sold get relisted at previous asking price (Jan/ Feb time). Are sellers in cuckoo land?
Just spoke to one agent about one relisting and asked if seller is reducing the price and was told oh that one was priced very well already and sold straight away last time it was listed, only now the buyer pulled out due to work problems... Of course it was February or a century ago...
I would expect about 5% reduction from previous listing. What do you think?
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Properties relisted at pre-COVID prices - are sellers in cuckoo land?
337 replies
househunter2020 · 19/05/2020 19:33
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