Asking prices are the problem says this Estate Agent
Nice article where he points this out:
The wrong agent is the one that suggests an unrealistic initial asking price (often to get your business) after which he will recommend price reductions.
It’s a point I agree with. Going with the estate agent that tells you your house is worth more doesn’t mean Iou’ll get that! Many people seem to think that the figure plucked fairly randomly out of the air is the price they will be guaranteed! Remember – it’s an asking price, not a written cheque!