So just the other day I was observing another agent during a listing appointment. Through his market analysis, he came up with a value of about £350,000.
The seller said they felt it was worth over £450,000, and that 2 other agents had valued it at around £450,000. At this point, he quickly danced around and came up with a a few reasons to justify a £450,000 listing price.
The property was a relatively large (for England) 4 bedroom house with about 2 acres plus stables and all fenced for horses. The agent used the land and stables to very quickly account for the extra £100,000 in price.
I'm sure every agent in the business has listed a property a little higher than they thought it was worth to appease a seller, but £100,000 more than your valuation?
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