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    Underquoting and jaded buyers

    We stumbled on this auction on Saturday - the price guide was $1.8M+ and it went for $2.395. Quite a difference. http://www.domain.com.au/property/sold/house/nsw/northbridge/?adid=2011942511 This was a dumper and next door to it was a newish mansion that sold during the week for $3.3M...
  2. T

    Underquoting and jaded buyers

    You are right to wait for the right buyer if you are not comfortable with the offers so far. It is a magnificent place and the views make it very unique. Hope you get the result you are after.
  3. T

    Underquoting and jaded buyers

    Part of the issue seems to be that the agent said $1.5 - $1.6M so you then thought "minimum $1.65M". It sound like the low $1.5s was there - which is in the estimated range - but your expectations have increased. If you are only a seller at top dollar then that is your right - but the...
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