Estate Agent Today, 29/03/18

Buying agent says ‘guide prices’ confuse valuations and purchasers


Quoting James Greenwood of Stacks Property Finders 


As the Easter sales weekend kicks off, the head of a prominent buying agency says estate agents confuse the true valuation of a home by attaching ‘guide prices’ or by calling for offers ‘in the region of’ or ‘in excess of’.

James Greenwood, managing director of Stacks Property Search and Acquisition, says valuing is an imprecise art at the best of times, and over-valuing can occur for a number of reasons.

 


 

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