PropertyOw...

In auction whats the 'Guide Price'

Asked on Jan 26 2016, Selling in Norfolk | Report content

Answer this question

• 

  quip

  An estimate of what the auctioneer expects the sold price to be. More likely to be on the low side (to attract interest from potential bidders) than an over-estimate. In principle the guide price should not be lower than the reserve price.

  Answered on Jan 27 2016, Report content

  Was this answer helpful? Yes 0 No 0

Didn't find what you were looking for? Ask a question

• 

  rhosofther...

  Estate Agents breach of contract?

  Asked on Feb 6 2018, Selling in Norwich
  1 answer - Answer this question

• 

  Rochelle40

  No interest in property

  Asked on Sep 16 2017, Selling in Dereham
  5 answers - Answer this question

• 

  jesus16

  Property prices in PE38 9WE

  Asked on Apr 15 2016, Selling in Downham Market
  1 answer - Answer this question

• 

  PropertyOw...

  In auction whats the 'Reserve' price

  Asked on Jan 26 2016, Selling in Norfolk
  2 answers - Answer this question

• 

  PropertyOw...

  What's the auction method 'Modern Method of Selling Houses'?

  Asked on Jan 26 2016, Selling in Norfolk
  Be the first to answer this question

See more AskMe Q&A about Selling