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why a fixed price?

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  • movilogo
    movilogo Posts: 3,235 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    When I see any of the following terms attached to the price (in England)

    Offer in the excess of
    Fixed
    Guide price
    etc.

    I just assume those words are not there :D

    Just offer what you feel the house is worth without noticing any of those facts.

    If you don't want to waste time, then before viewing tell EAs whether there is room or negotiation else you don't want to view. See what they say. If they simply say no way, just look for a different house (unless you are ready to pay over the odds).
    Happiness is buying an item and then not checking its price after a month to discover it was reduced further.
  • BigAunty
    BigAunty Posts: 8,310 Forumite
    1,000 Posts Combo Breaker
    In Scotland, which has a much better property buying system, this is a fairly typical pricing strategy. Properties here are sold on an 'offers over' basis (i.e. encourage bids) or fixed price (first come, first served).
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