Hi,
Can anybody clarify the differences in all of the above terms?
Today I looked at an apartment which was advertisted on an EA's website with an asking price of €199k. I was informed during the viewing that the owner will not settle for anything less than €230K.
Obviously the agent is trying to attract viewers but is this now standard practice? I can understand auctions(well not really!!), guiding a lower price but is not the term "asking price" making a statement? This property is in a provincial town and could well be on the auctioneers books for a while due to a glut in the apartment market.
Can anybody clarify the differences in all of the above terms?
Today I looked at an apartment which was advertisted on an EA's website with an asking price of €199k. I was informed during the viewing that the owner will not settle for anything less than €230K.
Obviously the agent is trying to attract viewers but is this now standard practice? I can understand auctions(well not really!!), guiding a lower price but is not the term "asking price" making a statement? This property is in a provincial town and could well be on the auctioneers books for a while due to a glut in the apartment market.