Hi John, simple really, we were flooded with interest at €250,000. We had an asking price offer in 24hrs from someone renting 10 mins away. It’s just business we want to get as much as poss. For info €275,000 is a lot less than max estate agent finger in air valuation. It is a bit above min 2 valuations so in middle of 3.
Seems sensible to me - would you market below what you thought you could get?
I think it probably is flat, I’m surprised there is any interest after Brexit. One couple who were interested in ours (at end of their price range) just completed on our friends house 12 mile away!
Our agent here in C Maritime tells us the market has been pretty flat but beginning to get better with the arrival of tourists. We may possibly buy in Charente but that’s just too many acres for us!
If people are too greedy then the property will just sit on the market. Folks will only pay what they reckon its worth. Two lots of my old neighbours back in Bretagne have had their houses for sale for nearly 18 months now, the price has not even been reduced by at least €5k so either both are overpriced or the owners have got euro notes in their eyes. I took a €20k offer less than the price we put the house up for sale and sold within four days, the Notaire marketing it had deliberately put the higher cost to test the market which obviously showed it was too high. I still got a very good price and thank my lucky stars I did not hold out for that extra.