We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
guide price?
blueye
Posts: 320 Forumite
if an estate agent advertises a property with a guide price does it mean that the property is up for auction
0
Comments
-
no, its just a fancilful way of saying "thereabouts"0
-
Where are you? In Scotland I've only ever seen it refer to a property going to auction.0
-
no in england just never seen it advertised as guide price before, thought they just said "offers in region of" its a friends flat im looking at thought it had been repoed when i saw the guide price0
-
With the sort of one-off rural properties where I've seen this term used, I took it to mean that this price might be acceptable, but could also be exceeded if interest turned out to be strong - a sealed bids situation.0
-
Agents in my area routinely use the term "Guide Price". It's just semantics. Any asking price is a guide price; it's not Woolworths!
Of course the term is widely used for auction properties but if it were the case with the property you refer to, the details will very clearly state that it is an auction property.Everything that is supposed to be in heaven is already here on earth.
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.3K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.2K Work, Benefits & Business
- 603.9K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards