Jump to content
House Price Crash Forum
Sign in to follow this  
Frustrated&infuriated

What Exactly Do They Mean By......

Recommended Posts

What do estate agents mean what they put "Guide Price" on a set of particulars, as opposed to 'asking price', "offers in region/excess of "etc?

I put in an offer of £379,000 for a house advertised as "Guide Price £399,950", only to be told by the snotty agent that the vendor would in no way move an inch from £399,950.

?????????????????

Share this post


Link to post
Share on other sites

I put in an offer of £379,000 for a house advertised as "Guide Price £399,950", only to be told by the snotty agent that the vendor would in no way move an inch from £399,950.

?????????????????

It is possible the vendor instructed the agent that they were not interested in offers under that amount, in which case the agent is not legally bound to pass offers under that amount on.

Share this post


Link to post
Share on other sites

it means that hips will be a wake up call, expensive houses seem to be on the market for years and years, never sell but the price is always going up, aspirational pricing? Are there enough millionaires in the world to buy all these properties?

Edited by moosetea

Share this post


Link to post
Share on other sites

What do estate agents mean what they put "Guide Price" on a set of particulars, as opposed to 'asking price', "offers in region/excess of "etc?

I put in an offer of £379,000 for a house advertised as "Guide Price £399,950", only to be told by the snotty agent that the vendor would in no way move an inch from £399,950.

?????????????????

i would have thought that the words 'guide price' were self explanatory...?

Share this post


Link to post
Share on other sites
What do estate agents mean what they put "Guide Price" on a set of particulars, as opposed to 'asking price', "offers in region/excess of "etc?

I put in an offer of £379,000 for a house advertised as "Guide Price £399,950", only to be told by the snotty agent that the vendor would in no way move an inch from £399,950.

?????????????????

If you think the offer has not been passed on, why don't you put it into writing and post it to the vendor directly? Be polite, justify your offer, and say get back to me if you are interested.

If they haven't sold in 6 months or so (quite likely) they may dig out your offer... you then obviously reduce your offer and wait another 6 months... :lol:

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 301 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%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.