Have a hypothetical...
client who signs a contract to purchase a property based on a 450 pw rental return from the selling agent.
Finance gone unconditional, building and pest passes without a hitch
So contracts locked in
Client goes to get a property manager who says 380 p.w. is what they can get.
Noting part of due diligence but moreso the question is aimed is.... what is peoples experiences with selling agents being accurate with rental appraisals
client who signs a contract to purchase a property based on a 450 pw rental return from the selling agent.
Finance gone unconditional, building and pest passes without a hitch
So contracts locked in
Client goes to get a property manager who says 380 p.w. is what they can get.
Noting part of due diligence but moreso the question is aimed is.... what is peoples experiences with selling agents being accurate with rental appraisals