If I were in the market with a maximum price of about €425k, an asking price of €495k might kill my interest in a property.
It's unlikely that an asking price of €365k would deter me. There is the small possibility that I might wonder if there was something wrong if the price were out of line with comparable properties.
You are free to over-ride an EA's advice and set the asking price yourself.
The difference is 365k vs 495k so huge difference, thus my conundrum. Other agents were suggesting asking prices between 400 and 450...
So you've 4 prices there. The mean of that is 427. I'd go with an asking price of 430K, and pick the agent you like. They are all the same.
Have you looked up the property price register to see what comparable properties are selling for.
On the other hand in a market where prices are rising, especially with a house type that does not have a lot of supply. The strategy of saying these houses are not worth that low price they were selling for in the past, they are worth this new unexpectedly high price, may well work.
If you are not in a hurry to sell, I suggest trying the high price approach. A desirable location in South County Dublin, could well achieve a breakthrough price, if you are brave enough to ask for it.
A very good point. The strategy depends on the demand for the houses. My friend's house will have a queue of potential buyers, so I will suggest setting a high price.
He's missed the boat to some extent. He had only 2 viewings...
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