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Fair points, but I see this as a transaction, and when making the biggest purchase of your life you should make sure you get the best deal you can. That applies to both sides.
deleted-
Yeah agree and in a market that's in a really weird place right now, why limit your 'best deal' to the one place that pre shake up you thought was the one? All sorts of options might now open up. Now is the time to lowball! But not on the place where you already looked the buyer in the eye and said £X is fair and they agreed.
Howard
I think it comes down to fact that the buyer has no information on which to base their 'discount negotiation strategy'. They are just taking a crap-shoot. 20%. What if it's not enough? What if it's too much? How would you know in such a short time? Likewise the seller has no idea what to expect. You seem pretty sure but I reckon for the next six months supply will go off a cliff and then what?
By resetting and starting again, taking a bit of time to figure out what is going to happen - because we won't really know for another six months or so - you'll get to find out, fairly and squarely, you might win, you might lose, but you didn't exploit someone else's fear in the process.