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Reducing the price of a house by £50.00

Mrs_ted
Mrs_ted Posts: 54 Forumite
in House buying, renting & selling
Emmmm, is this to create more interest by reducing the price to 219,950? We are going back for a second viewing and I noticed today the generous reduction! WHY?

Comments

  • tim123456789
    tim123456789 Posts: 1,787 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    It moves it up the "new property" list on RM
  • gibby9
    gibby9 Posts: 166 Forumite
    tim123456789 wrote: »
    It moves it up the "new property" list on RM

    I'm not sure if this is correct? When I was selling I dropped the price and was advised by the agent the price had to change by at least 5% fir RM to recognise as new property.

    My agent may have been wrong though.
  • LeafGreen
    LeafGreen Posts: 563 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    Probably someone in the EA office put it on at £220K, then someone else decided it would look better at £219,950. Bit like in shops when things are £9.99 instead of £10.00.
This discussion has been closed.
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