What does guide price mean on Rightmove

By

RooftopLiving Team

Posted

1st September, 2021

Categories

Property News

What does guide price mean on Rightmove

In this article, we have seen what guide price means, in simple, non-technical language. Today, we will explain what the price guide means on the popular UK property portal, Rightmove.

Buying, selling, or renting a property can be costly, but there are ways to make the process more affordable. It is always better to try and negotiate. If this is not possible, you can rely on the UK’s property portals for reliable information on how much houses or flats are worth in your area.

First, let’s see what Rightmove is?

Rightmove is the UK’s largest property website. It started out in 2000 as a small business providing information about homes in the UK to people who were looking to sell their own home.

It has grown into a major player in the property market, with over 3 million property listings. It has also become the most popular property website for finding homes in England and Wales.

The listings are updated with fresh photographs and detailed descriptions every day, which allows the users to get a better idea of what they are looking at. The company aims to maximize customer satisfaction by providing not only an extensive range of properties, but also by providing comprehensive information on each property, including price, location, and directions to it.

Guide prices on Rightmove explained

The guide prices on Rightmove is the price that the seller has set for their house upfront. It is often, but not always, lower than what the property will eventually sell for. This is because sellers often use it as a deterrent or to test the market (a way to encourage potential purchasers to come and view the property).

Guide prices can change over time depending on the day of the week and what time of year it is. Weekend guide prices are usually higher than weekday prices because more people are looking at properties on weekends and sellers know they won’t have to wait as long before they get an offer.

Did you found your next home on Rightmove?

Once you have found the perfect one, it’s time to start searching for estate agents in that area who are dependable and professional. Buying a property is a long and complicated process, for this reason, it is important to have a local estate agent guide you through the process.

There are many factors that should be considered when looking for a good estate agent: the cost of their services, availability of office hours, number of years in business, years in license brokerage, branches, etc.

Rooftop Living estate agents offer a tailored, hands-on approach to the market, which the company believes will be an increasingly popular way of selling homes. Contact us today!