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I would expect the opposite - very punchy asking price. We had them round as part of our ‘beauty parade’ of 3-4 agents and they were the highest by a couple of %. neatly covering the higher fee quote ;-)
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They recently did a valuation on my place and were a good 7-10% above the others.
I know of one, maybe two, instances of them pricing properties that haven’t sold with other agents at around 25k more when switched to them.
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In my experience Foxtons tend to talk owners into putting it on for a high price and then once they get no offers reduce to reasonable.
When I sold my place they walked about 600k, everyone else was low 500’s and it went for that.
NickCJ
MisterEd
chrisbmx116
@Sparky
If you see a Foxtons property advertised, is it fair to assume that they've lowballed the asking price and hope to bid way past that? Or does an asking-price offer have a chance?