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Agents in E17 don't really need to create an inflated sense of demand unfortunately.
We offered 12% above on a place five months ago, had the highest bid by £1700. Didn't get it because our place wasn't on the market, which is what we thought would happen so it was more of a dry run.
There were a crazy number of viewings - think it might have been 16.
The Walthamstow property market still seems pretty hot despite Covid.
Fox
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.