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  1. buckerooni

    Piggybacking off another sale in the block - advice

    update: had a broker representing the buyer, they had a valuation on the property come in at 530K - 10K below ours. As they're still just opinions the negotiations began. we were both playing hardball, broker dropped his fee to offer another 2.5K, and our agent dropped his 1.5% to give...
  2. buckerooni

    Piggybacking off another sale in the block - advice

    update: 1. agreed on 1.5%, from reading threads this is a cost not worth squeezing too hard on as it should have mutual benefit to the seller and agent. 2. told the tenant we're only chasing leads from the auction and not publicly advertising it 3. got a bank val (on site), which is in...
  3. buckerooni

    Piggybacking off another sale in the block - advice

    Hi all, With an upcoming reno to our PPOR, selling our IP is the only way to pony up the cash. The unit above (3rd and top floor) sold last week for 560K and I've contacted the agent to see if there are still interested parties. There's a fixed lease until December this year but the sale...
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