Post Prices Please!

Norman McCormick · 10th July 2008, 08:36 PM

Hi,
To possibly satisfy all parties why not have an " Offers Over " system as advocated by Radleigh, e.g. an item is advertised at Offers Over a price selected by the seller, those who are interested will know roughly what kind of price is anticipated and can offer what they want over that price, the seller can either accept immediately or set a closing date for offers i.e. a date after which no more offers are sought, and then decide which offer to accept on the proviso of course that they, the seller, is not obliged to accept the highest or indeed any offer. This is still a form of closed auction but is has been the way Scottish real estate has been sold for a very long time and seems to work well for both buyer and seller. In the case of property, of course, most people would seek independent 'expert' advice on price.
Regards,
Norman.

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10th July 2008, 08:36 PM	#17
Norman McCormick Member Join Date: Oct 2007 Posts: 1,646	Hi, To possibly satisfy all parties why not have an " Offers Over " system as advocated by Radleigh, e.g. an item is advertised at Offers Over a price selected by the seller, those who are interested will know roughly what kind of price is anticipated and can offer what they want over that price, the seller can either accept immediately or set a closing date for offers i.e. a date after which no more offers are sought, and then decide which offer to accept on the proviso of course that they, the seller, is not obliged to accept the highest or indeed any offer. This is still a form of closed auction but is has been the way Scottish real estate has been sold for a very long time and seems to work well for both buyer and seller. In the case of property, of course, most people would seek independent 'expert' advice on price. Regards, Norman.