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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: maceng2 who wrote (25484)11/17/2002 4:39:43 PM
From: Steve Lee  Read Replies (2) of 74559
 
I have an agent coming to value my UK house tomorrow. He told me what they are doing these days is putting houses up at "guide price". They then let people bid them up and take the highest offer. First I have heard of that being done from the get go as a standard practice. Always used to be price a little bit higher than u expect to get and come down to meet the best potential buyer.
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