I wonder if this is a thing as in the area where I'm looking, three houses came onto the market in the last week or so, all 20% above the top sold price in that street (within last two years).
I'm about to view and want to offer - but if I offer in line with top sold prices, iiiit looks bad on paper i.e. 15% off asking price. But then why should anyone offer a lot more (nothing spectacular about the fittings in all three).
I wonder if the agents advise to overprice but with low offers in mind so actually vendors would accept realistic prices, and I shouldn't feel about my low offers?
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If you've just put your house on the market, has your agent advised overpricing the house to avoid 'covid' low offers?
20 replies
CatAndHisKit · 12/07/2020 01:00
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