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Cheeeeers...
I get the feeling the EA is trying to create some sort of frenzy, low price and a bidding war. Viewings are only on this Saturday between 12-3 where they plan to get everyone interested through the door.
Hard to judge similar properties, on paper this one is very similar but obviously been done up to flip, also ghastly, whereas the one I am interested in is done to pretty much the exact way I would have...
http://www.rightmove.co.uk/property-for-sale/property-69373628.html
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Also, borrow a rusty, shitty, massive van. Park it right outside. Find some local scumbag kids and pay them £20 to hang round outside being a nuisance. Organise a fixie beers meeting outside.
Or hire a full white tuxedo and top hat. And a diamond topped cane. And just waltz around the house. All day. Keep £200 in your pockets. And occassionally just let £10s slip out on the floor. But don't pick them up.
Sorry.
A quick look on Rightmove at Walthamstow, there's a lot of competition around the 600k mark. And plenty seem to have been reduced. So might be a buyers market.
Agree with Hefty.
Prod and poke the EA. Sure they're working for the seller, but you are their potential commission. I'd start with well what if I offered x amount / asking price... What do you think their reaction will be...
Use rightmove/zoopla to find any local that have sold or are currently under offer. If they are in your favour, then use them as examples to back up your offer/thinking.
If someone offers 5k / 10k more than you, they're gonna have to tell you anyway. And it'd more than likely go to best & finals. And if that happens, surely you want to start lower?
There's one EA I'm dealing with in Mcr who only do open days. So they jam about 20 people in one day and probably scare the feckers in to thinking 'oh my god there's so much interest, I'm gonna have to up my bid'.
But yes, some definitely do that. List low. But as above, just mither the EA, you should be able to work that out.