We have viewed a number of properties listed by Kennedys and both my experience and impression of them tells me that they always price the property at the very ambitious/non-achievable pricing target so that they can win the exclusive marketing of the properties. As a result, the properties end up sitting on the market for a long time (6-12 months except for when market conditions are rarely hot or of sellers market like what is happening now in the middle of the pandemic) with asking prices being reduced in the end thus dampening the expectations of the vendors. They make it appear their properties are one of a kind and therefore command such high prices when compared to other similar properties. This is is also the tone you get when you speak to them on the phone. For example, a property in Downsway, Tadworth was listed at £865K which we justified as only in the region of £800 -£815K, but this was ignored. 12 months later and the property was still on the market for the same price which was laughable. Eventually, it was sold for £810K in Jan 2021. We could go on and on, but they generally make the sellers believe their houses are worth more than they are!
The other issue with this company is it tends to mis-represent, like making listings such as 4 /5 bedrooms when in reality it isn't - the 5th room is a dog house or some converted garage that would not really fit a decent single bed in. We had enough of this company.