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.
When we bought our flat it was on at £250k and we offered £272k, and when we sold it was on at £425k and it went for £468k, if that gives you any indication of where to aim
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.