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That's a very good strategy, those lazy out of area agents with big mouths:p I like:)

Nope, not the same whatsoever. I am talking about a range and what I would be prepared to sell it for if I had to in a slow market. I certainly would not be prepared to sell for $100K less, this is what some agents are doing, which is pathetic. Is common to use a range when selling in my...

That is what many think but you are wrong, I have proven this in a bust/shocking market.. However the key is a gun/agressive agent, he works it up. Most fear this as they think as you do. A good agent wont bring offers below, I certainly would not entertain working with anyone whose not prepared...

Seen the same, this is absolutely disgusting

Tells me the slap is a fairy slap or feather slap, nothing to deter this practice and dont see this changing

But in a hot market I would not even bother with this strategy as there is enough competition to push the prices up. What I am on about is when you have a buyers market, there is choice so much stock on the market, so it comes to a price point, but you need to bring the buyers in. I have used...

I think the way the agents get around this in Syd and Melb is it goes to auction, no price listed but when prospective buyers phone they basically give a range which from my experience been massively underquoted. I am not interested in massively underquoting but just making it competitive...

Yes James, something like this, I am from Perth auctions not as big as in Melb/Syd. I am well aware of re agent underquoting massively they all do it, seems to be the norm, I don't see anyone pulling them up by the way, does anyone else?? This is my example .. perhaps I would like to...

Its a strategy to entice, dont think it illegal

Curious as to what others think about this strategy. In a slow market, when there is too much stock on the market/same product one strategy to create competition is to advertise the property below market value...... FROM XXXX This attracts buyers who believe they will secure a bargain...