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  1. M

    Under-quoting still happening

    that's a different story altogether. again - it's the seller's call one of the agent's techniques is to put a price say 599K so the people who have a budget of X amount still come to view the property and if they like it - they try to cash in on the emotional buyers who like it. If they...
  2. M

    Under-quoting still happening

    it is illegal - but to say that a property has to be sold within the range of 550-600K is a bit naive. why wouldn't the owner accept an offer above that limit and how can you restrict other purchasers to up the price? things like that are out of your control. the only way to see what the...
  3. M

    Under-quoting still happening

    say if you went to look like 20 properties and did all the inspection reports and for some bad luck you didn't get it- then every property would be $500 X 20 = $10K
  4. M

    Under-quoting still happening

    correct me if i am wrong - razzle was looking for a quality apartment - termites and inspection or pest reports would not be very applicable in this scenario. as for underquoting - it's all part of the game of vendors and agents. it's like saying smoking is bad for you - everyone knows that -...
  5. M

    Under-quoting still happening

    a property is only worth as much as a buyer is willing to pay obviously if someone wants to pay 100-200K above what was listed that's up to them This is very obvious for overseas buyers who applied to FIRB to get approval on the property they wish to purchase for business or children's...
  6. M

    Under-quoting still happening

    never get emotional otherwise it would be like someone courting a girl by calling her daily and asking why don't she go out with me? likewise it's not a pretty sight or picture. and yes there's plenty of fish around the sea. if you can't buy in the suburb go to another and same applies for...
  7. M

    Under-quoting still happening

    i'm not sure which areas you are in. any links or examples to illustrate? can't be that hot in st kilda or south yarra.
  8. M

    Under-quoting still happening

    he means if he advertises it for 550K and then he asks the agent to put it up for 690K for some what reason (maybe financial, stupidity, thinks the market is up) he may do so. normally you go down not up... but it's the vendor's call. i don't think the agent is that stupid as he would...
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