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Agents Upping Advertised Price Once Listed As Sold

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Have noticed in my patch of East Anglia - once a property is shown as sold there are some agents who change the price upwards. Is this to skew or mislead future buyers or vendors on what price was achieved in the interim period until LR figures are published?

Example, thanks to Property Bee's tracking - a property on for Offers In Excess Of £100,000 - at the same time as they changed the listing from Available to Sold, they changed the price to £109,995 from OIEO £100,000

Property Bee does show that the property was in past monmths offered at £109,995 - but for the fortnight leading up to the sale the price was OIEO £100,000

I consider this to be a blatant attempt to befuddle.

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Have noticed in my patch of East Anglia - once a property is shown as sold there are some agents who change the price upwards. Is this to skew or mislead future buyers or vendors on what price was achieved in the interim period until LR figures are published?

Example, thanks to Property Bee's tracking - a property on for Offers In Excess Of £100,000 - at the same time as they changed the listing from Available to Sold, they changed the price to £109,995 from OIEO £100,000

Property Bee does show that the property was in past monmths offered at £109,995 - but for the fortnight leading up to the sale the price was OIEO £100,000

I consider this to be a blatant attempt to befuddle.

Perhaps the price offered was closer to 110K than 100K, so the original price was more apt.

Wont know until the LR figures.

But i once did what you are suggesting when selling an old banger on auto trader, sold for £400 and instead of deleting the advert i changed the price to £800 and then changed the body text to sold. Then i told my brother i had sold it on autotrader, he looked on the website and was most impressed by the price he thought i had achieved for the old rust bucket :lol:

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Have noticed in my patch of East Anglia - once a property is shown as sold there are some agents who change the price upwards. Is this to skew or mislead future buyers or vendors on what price was achieved in the interim period until LR figures are published?

Example, thanks to Property Bee's tracking - a property on for Offers In Excess Of £100,000 - at the same time as they changed the listing from Available to Sold, they changed the price to £109,995 from OIEO £100,000

Property Bee does show that the property was in past monmths offered at £109,995 - but for the fortnight leading up to the sale the price was OIEO £100,000

I consider this to be a blatant attempt to befuddle.

I have noticed this in Worthing area too... cheeky b*****ds. Thankfully we can quote property bee at them, and anyway the LR figures will show the truth eventually.

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  • 312 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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