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Vendor refuses to renegotiate

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  • aoleks said:
    Splatfoot said:
    aoleks said:
    No rewiring and window replacement costs £17k…

    half is more realistic and that takes into account location (london) and a quick quote from a national chain.
    I'm sure that's not quite true. I know ours will cost more than that.
    I know for a fact, I've seen the invoice for the windows.Crashy_Time said:
     A 72k climbdown is great news for buyers, hopefully more sellers will take the same approach to selling their house.
    It's not a £72k dropdown, the initial asking price is simply made up. If I list my house for £700k tomorrow, but then "reduce" the asking price to something more realistic, let's say £450k, is that evidence that my price crashed? Asking prices are irrelevant...
    Nope, Crashy_Time is right. This one house sale will dictate the market behaviour from now on. All those other buyers paying over the asking price are wrong, and need to sort their lives out.
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