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  • When we sold our last place, we discovered that “offers in excess of” means “we will entertain offers above £xx” rather than “we have received offers above £xx”. This wasn’t how I’d understood it while browsing around for somewhere to buy

  • They can entertain all they want it may as well say MSRP.

    Who would actually go over a value someone indicates they would consider, unless there is actually a bidding war?

    I always went in under on principle to gauge the owner as a house is worth what the buyer will pay not what the owner wants.

  • well, yeah. I was just reporting on what I considered to be a weird reveal during the selling process. ultimately its all nonsense, and as a buyer I was happier to know that it wasn't 'we've already had offers above X so dont even bother going under that'

  • unless there is actually a bidding war

    as there is limited supply, a bidding war of some sort isn't altogether unlikely.

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