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  1. Propertunity

    Under-quoting still happening

    Because it is too late after you have purchased to do anything about it. You're right I don't. Except for the ones I recommend we buy. I am yes, but I also don't have X-Ray vision to see thru walls and I'm too old to climb in roof spaces or sub-floor areas - I leave that to the pest & building...
  2. Propertunity

    Under-quoting still happening

    Frankly, I'm gobbsmacked by your attitude. :eek: Anyone else feel the same?:confused: 30% of all properties nationally have had or will have a termite attack at some point. I have seen many, many contracts with unfair clauses that we have had to negotiate out of contracts before we let our...
  3. Propertunity

    Under-quoting still happening

    So, if one of your clients wants to buy a house, you would advise them that these costs are optional? :rolleyes:
  4. Propertunity

    Under-quoting still happening

    The issue of harm goes to: 1. Wasted time looking certainly, but also, 2. Money spent on pest reports 3. Money spent on building reports 4. Money spent on solicitors to review the contract 5. Efforts spent on purchase negotions, ............to name just a couple.
  5. Propertunity

    Under-quoting still happening

    Yep, some REAs are so scared of being fined by the OFT for underquoting that they refuse to give a price guide at all!:eek: I am told that this is not what the OFT really wants.
  6. Propertunity

    Under-quoting still happening

    Yes Jax I agree. I have seen some inexperienced (one-off buyers from out-of-town) pay ridiculously over the market value of a property, just because they are being manipulated by a selling agent. Now their obvious protection (in the absence of doing their own DD or using a Buyers Agent) is for...
  7. Propertunity

    Under-quoting still happening

    Exactly! Look I went to an Open 2 weeks ago where the agent was quoting "Offers over $580K". I paid $675K for it last week. I have plenty of comparables to prove it is worth around $680K. Was the agent under-quoting? You bet he was! Buy neary $100K!! Did I care? Not really, I knew what...
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