Monday, Oct 20, 2008
Interesting Take on October RightMove Survey from BrightSale
BrightSale Blog: What Does RightMove’s October Survey REALLY Tell us about the State of the Market?
A lot of estate agents will probably have had the same response to the "news" that sellers INCREASED their asking prices in October (by 1% over September): i.e. Are You KIDDING?? The explanation RightMove gives for this seeming anomaly in the current difficult market is that if a seller knows he is going to chipped away on price he (and his agent) might as well start with the highest number possible! But there is a more intriguing other possibility which would also explain the result, as BrightSale suggest in this blog post ...
Posted by jeremy howard @ 11:24 PM (115 views) Add Comment
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