Picture of the Week – and it must be summer sale time, when seasoned bargain hunters know that if you only wait another day or two, the price will come yet again.
This pretty bungalow in Blyth, Northumberland, went on the market with Tepilo on June 7 at £190,000.
Five days later it went down to £175,000. And five days after that, to £169,000.
Just three days later, ie yesterday, the price was cut again, to £165,000.
Tempting. But we think we’ll wait a bit longer.
Especially as a friendly local agent tells us they think it is still £20,000 too much.
Comments (4)
**UPDATE**
Reduced yesterday by a further £5005, apparently!
Only £14995 more and your “friendly local agent” gets to hand out the pencils…
Poor research, deliberate overpricing to get the the instruction or vendor led price? Whichever it is, why would Tepilo care? They couldn’t give a monkeys how bad this looks or whether it sells or not as they’ve already been paid.
When I see the word Tepilo I think
Tepid, warmish, not quite cold, wishy washy, vague
know what I mean ?
It won’t be one of the 200 they sell every month then? As if they ever did!
As a modern estate agent (her words) you would think they could get the basics right with pricing?