My London flat has been on the market for 2 months with Foxtons. They've just brought me their first offer at 180k, which is 85% of the asking price that they'd originally advised (210k). Early on, I decided they'd overvalued it and dropped the asking price early to 200k, expecting to get about 190k . However, I don't have a good feel for the market and they tell me that the offer they've brought me is a good one. A couple of weeks ago I might have taken them at their word but for obvious reasons I'm now suspicious!
Any advice on how to handle them? Should I ask for 190k and hope to meet somewhere in the middle?? I'd quite like to sell fast, but I don't really need to; on the other hand I don't want to play hardball if it doesn't get me anywhere.
Is there any point in telling them I think it's a poor offer and I'd expected them to perform better so they should reduce their commission if they expect me to take this offer? In other words give them more incentive to increase the price: 10k to me only means 250 to them at the moment.