non auctioned house listed with guide price

[drummergirl34]

The house is being listed with a "guide price" of offers over 60, guide price 60-75k. What exactly does this mean? The vendor wants 75? The agent hopes an offer of 60 will bring gazumpers out? Why can't they just set one figure? Is it a ploy by agents

Where can you buy a house for under £75k?

"Guide price" normally means "this is what you need to offer to get the house"

"Offers over" normally means "this is the minimum we will accept but we're hoping for a bidding war more"

Both together is off and suggests that the agent is clueless, either because it's an unusual property or they are bad at their job

But remember the agent is working for the vendor, so what you might call a ploy is actually trying to get the best deal for their client

allthebest where I live in Northumberland there are quite a lot of houses around the 75k price mark

Ooh, have you found one in Wales?

Would love to see a linky, might know the area.

It's a nice house, and perhaps a tad cheap at 60k even considering the area it's in. I'm scared to enquire / view due to the wide berth of the guide price.

allthebest - google cheapest places to buy house in uk - there are dozens. All of them are... up and coming places!