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Rachel

Oieo/oixo

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Does anyone else recognise these letters? They mean 'offers in excess of' and they seem to be the EAs favourite tool at the moment.

What the EAs in Bristol are doing is reducing house/flat prices but then putting OIEO in front ot the new prices!

Do they really think we are that stupid? Plus, they seem to forget that we are not in Scotland-thus they really shouldn't be using the OIXO anyway.

If we were in Scotland, my flat i tried to buy last year would be mine now. Instead the vendor decided 1 week before completion to demand another £6000 for no reason(so i told him to get stuffed!) sorry ,slightly off topic there!

Rachel

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Does anyone else recognise these letters? They mean 'offers in excess of' and they seem to be the EAs favourite tool at the moment.

What the EAs in Bristol are doing is reducing house/flat prices but then putting OIEO in front ot the new prices!

Do they really think we are that stupid? Plus, they seem to forget that we are not in Scotland-thus they really shouldn't be using the OIXO anyway.

If we were in Scotland, my flat i tried to buy last year would be mine now. Instead the vendor decided 1 week before completion to demand another £6000 for no reason(so i told him to get stuffed!) sorry ,slightly off topic there!

Rachel

This has started happening in my area too...only a few at the moment but I am sure it will catch on.

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This has started happening in my area too...only a few at the moment but I am sure it will catch on.

I've seen a few too. Mainly on the expensive property. All without fail are overpriced and not selling. So what "offers in excess" is supposed to do I've no idea. Suggest a booming market where you daren't offer too low as several other buyers are just champing at the bit to offer more? Risible.

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A few weeks ago, I noticed the words 'Price Guide' had become very popular on many EA details in my area. Mostly on £200k + properties it seems. Only seen these words used on auction details before.

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  • 333 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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