Almost a third of property sellers (29%) say they won't accept a lower offer for their property, according to new research.
Online estate agency Strike reports that since the start of lockdown, 45% of sellers have received requests from buyers to reduce their asking price.
During this period, only 19% of vendors have not been asked to drop their price by prospective buyers.
The most common reduction in sale price ranges from between 5% and 10%, the research shows, with a quarter of sellers happy to consider a reduction in this price bracket.
London is the area where buyers are most likely to request a price drop, with 70% of sellers in the capital saying they have been asked to lower their asking price during the last six months.
Strike - formerly known as Housesimple - says buyers in Northern Ireland, the South West, South East, West Midlands and Yorkshire are less likely to ask for a price reduction from vendors.
Recent research from Rightmove revealed sellers are twice as likely to find a buyer for their property if the original asking price does not change.
Sellers were also asked about the effects of Covid-19 on their transaction, with 50% saying the pandemic won't stop them from moving and 35% saying they believe average prices in their area will rise post-pandemic.
Over half of 2,000 vendors surveyed said they are confident they can complete their sale this year, while 18% said they have had more interest in their property than expected.
"Over the past few months, we’ve seen at least a 50% increase in demand from buyers now versus before lockdown and we are on average agreeing twice as many sales per week as we were pre-lockdown which is astonishing," says Sam Mitchell, Strike chief executive.
"Many of our own customers are seeing multiple offers to choose from – an ideal situation to be in. But it is also important to remember, the quality of any offer is also worth weighing up."