Please ensure you are on the correct property in HERO.
Click on the 'Change Price' button.
After you have clicked this it will bring up the Change Price box. Put the amount you wish to market the property for in the Price Box.
If you wish to add Offers In Excess Of or a similar precursor click on the Price Type box, this will bring up a menu of options you can choose from. Below is a list of the Different options and how they should be used.
Once you have chosen your price click on confirm, and this will direct you back to the main dashboard page. If the property is already live on the portals this will automatically update the price on them and our website.
Different Types of Asking Price
This should be used to describe the price you are hoping to achieve for the property and is the most commonly used on the property portals. Often buyers see this and make an offer for the property below the asking price. You aren't obliged to accept any offer for your property regardless of what you advertise it for.
This is what you should use if you don't wish to disclose the price you are marketing the property for, however we would discourage this use unless specifically recommended by our Customer Support team. You will still need to provide a guide to the price so that the Portals know in which price bracket searches the property should appear. This tends to be used for higher priced properties.
This is used to indicate there is a level of flexibility with regards to the price, this can be either below or above the stated price, but that this price is open to negotiation.
This tends to be used to indicate that there is no movement in the price of the property. Use this if you are looking to achieve the asking price with no movement. The drawback to this pricing structure is that if people are unable to reach the asking price it may discourage them from viewing the property at all.
Offers In Excess Of
This is to be used when you have a minimum price in mind for you property but are expecting to achieve over this asking price. This can be useful if you would like to encourage a lot of viewings, and have go to a potential best and final offers situation. It can also be used if yo are selling in a much sought after area where you expect to have a number of viewers and offers for the property.
OIRO (Offers In Region Of)
This is very similar to the guide price,to indicate there is a level of flexibility with regards to the price.
Sale By Tender
Sale by Tender is for when you are inviting tender bids for your property, this is where people are asked to put in their best bid for the property by a certain date, and you then go with your preferred offer after that date. Again you are under no obligation to accept one of the offers if you aren't happy with one.
From indicates a price higher than the asking price, and invites people to offer in excess of the asking price.
This is to show potential buyers that the property is shared ownership, and the price you are looking for is for your share of the property. Please note you should put in your property description the % of the property that is being sold at this price fairly prominently.
Offers over is to be used in the same circumstances as Offers In Excess Of, when you have a minimum price you are looking to invite offers over this price for.
Part Buy is for properties which tend to be on a housing association scheme where you buy a percentage of the property and rent the remaining percentage of the property. Please not in the description the percentage you are selling, as well as the rent which is payable on the remaining percentage.
This is for properties which are being sold as part of the Governments Help to Buy scheme, where a share of the property is paid for by either the government or in some cases a developer, and this would then be paid back at a later stage in accordance with their scheme.
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