Comment | Suppose it depends on the sellers situation. They might want to sell but not need to sell. If they've got their eye on moving to a more expensive house / area then they might actually need to get the over inflated value they've been told to expect by the estate agent in order to get what they want. If they don't get it then they might just stay put.
I just sold a house I inherited a few weeks back and was told to expect 10-20k over the HR value and ended up selling for 10k under which to be honest was still about 20-30k more than I thought it was worth prior to getting the HR done. In the month previous to me listing the house for sale, the same size / style of house on the same road in far worse internal condition sold for about 15k more than mine did despite their HR value being far less. Difference is they sold pre-Truss and me during the complete clusterfuck of her premiership. Definitely not the sellers market it was earlier in the year. |
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