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One was simply an asking price. For memory is was set at $559k and sold for $545k. The selling authority had a range of $545-560k. The other was advertised at $400-450k. Reserve at $450k (selling authority had $450k as reserve) and sold for this amount. This one took 60 days to sell. Even...

2 sales in 2008 and 2009 each. For both properties I was very aware of the market prices, knew what I wanted to nett out of the purchase to make it worthwhile. I was very clear, that if I didn't receive 'x' amount, I wouldn't be selling. I always couched the sale as being one which was...

Do you have a link or further information on this? Have a done a quick google search and couldn't find anything.

The biggest impact (at least for inner suburb Melbourne metro properties) is that REA don't actually advertise price anymore. At least HS are consistent. I think you will find, that the advertised upper price level needs to be within 10% of the reserve price. So you might find that the...