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  • When a property in E17 is listed as "£x OIEO", can that be translated as "The property is valued at x+10% but we want to lure in as many viewings as possible to create an inflated sense of demand"?

    Any advice on what level to go in at with a first offer in that scenario? Before the shit hit the fan and we shelved everything for a bit, we put an offer in of 400k on a flat listed at 400k OIEO. It apparently sold for 'more than' 450k.

  • but we want to lure in as many viewings as possible

    Yes

    Any advice on what level to go in at with a first offer in that scenario

    What you think the property is worth to you. And second guessing these strangers.

    Not sure there's anything else to it really, you know your need, you can get data on what places sell for, but at the moment things are properly weird at mo.

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