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chris French
 
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In message , R Taylor
writes
chris French wrote:
In message , Capitol
writes


I believe last months figures were that the average SP was 90%
of the listing price in the London area.


sounds believable, according to SB on Property Ladder tonight ,
nationwide, average selling price is 94% of the asking price.


alternatively:

people expect an average of 6% more than their house is worth ?

or estate agents upsell by an average of 6% just to get the contract ?


They aren't alternatives, they may be explanations though. mostly I
guess that houses are priced with the expectation that they will sell
for a bit less.


--
Chris French, Leeds