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  1. Propertunity

    Underquoting and jaded buyers

    .....and some more. Agent quoted "over $800K, maybe as much as $850K". We purchased for $963K at auction with strong competition (but we were expecting $950K minimum anyway) 1brm Inner West unit advertised as "Price Guide over $380K", sold for $461K (not to us :eek:)
  2. Propertunity

    Underquoting and jaded buyers

    Yes, agreed. When I think I can get away with it, and I'm feeling a bit antsy, I have also been known to do this: Me: You know when you listed this property, and you filled out the selling agency agreement? REA: mmm yes..... Me: There are 2 places to fill out a property price on the...
  3. Propertunity

    Underquoting and jaded buyers

    I was at an OFI on Saturday and my guess was early to mid $500K's (but kept that to myself). As I was preparing to leave, I heard someone ask the selling agent in attendance for a price guide. The agent said "We are quoting offers over $470K". :rolleyes: I spoke up and said "Oh please, it...
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