The next time I go to my local butcher for a couple of steaks, here's what I'm going to do.
When he's cut, weighed and priced them, I'm going to make him an offer.
If he's asking £10 for the steak, here's what I'm going to say:
"Look I know these are two wonderful steaks, probably dry-aged for 35 days and from a farm where you know each animal by its first name, but frankly they're not worth £10 to me. I'll give you £7."
When he looks ready to faint with shock, and repeats the price of £10, I'll offer him £8.
And when he says no again, I'll walk out and see if I can get a better price at Waitrose, even though I know the meat will not be as good.
That's what it's like selling my house.
We've had several offers lately, but they've been from people who seem more determined to get a big discount than a house they appear to like.
Our asking price has already come down significantly and yet there's a perception that the market's so bad between £2m-£3m you can offer almost anything.
Well, you can try.
Like I could at the butcher's.
When he's cut, weighed and priced them, I'm going to make him an offer.
If he's asking £10 for the steak, here's what I'm going to say:
"Look I know these are two wonderful steaks, probably dry-aged for 35 days and from a farm where you know each animal by its first name, but frankly they're not worth £10 to me. I'll give you £7."
When he looks ready to faint with shock, and repeats the price of £10, I'll offer him £8.
And when he says no again, I'll walk out and see if I can get a better price at Waitrose, even though I know the meat will not be as good.
That's what it's like selling my house.
We've had several offers lately, but they've been from people who seem more determined to get a big discount than a house they appear to like.
Our asking price has already come down significantly and yet there's a perception that the market's so bad between £2m-£3m you can offer almost anything.
Well, you can try.
Like I could at the butcher's.
I think you'll find that, no matter how fabulous your house, it's only 'worth' what someone is willing to pay. Keep dropping the price and someone will buy it eventually.
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