In my recent experience of talking to estate agents:
Guide price = a range, hoping for more than lower limit but wanting to appear in more searches.
OITRO = owner wants X amount, agent doesn't expect to achieve it.
Thanks, we looked at a place today that hasn't been decorated since the 80s and needs a lot of work, with a Guide Price of £305k. Currently in a debate over how low to start the negotiations.
What is the difference between 'guide price' and 'Offers in the Region Of'?