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Raising asking prices

gosplan · 2015-08-12 06:39:44

Why do people do this on myhome and daft? Is it because they already have a higher offer on the table?

12-08-2015 6:39am

#1

gosplan

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Why do people do this on myhome and daft?

Is it because they already have a higher offer on the table?

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Comments

#2 12-08-2015 6:47am

Paulw

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Property values can increase. If you see another building close by looking for a higher price, it's only natural to increase the asking price.

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#3 12-08-2015 8:47am

Rew

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My theory is that in some cases the EA list it low to get interest but the vendor will only accept a higher price. After a few weeks the of nothing near what vendor wants vendor insists the price go up to real asking.

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