Other than just maximising their fees?
Am interested in buying the 2-bed flat I currently rent. Nice flat, well done out but small and no storage space except 2 built in wardrobes.
It's in a nice enough part of SE London but not the best. Owner has had one valuation - £300k 'with a view to selling at £275'
Mouseprice says 2-bed flats in this road sold at £212k in Feb and £242 in May so there's no justification for pricing so high that I can see - this area's not that desirable, it's not Dulwich or Clapham!
I don't get the 'put on the market at £300 to sell at £275. Why not just market at £275 and give that as the price? Is that a strategy to make me think it's already been discounted and therefore feel like I'm getting a deal? Cos I think it's a rip off and not justified by recent selling prices or the general prices for 2-bed flats on Right Move...
I'm expecting them to actually be hoping for £225 or thereabouts. Does that sound right?