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Dirty Tricks Selling Houses - Underquoting rampant (Read 2711 times)
Jasin
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Re: Dirty Tricks Selling Houses - Underquoting rampant
Reply #30 - Aug 11th, 2025 at 7:58pm
 
Leroy wrote on Aug 11th, 2025 at 7:19pm:
Bobby. wrote on Aug 11th, 2025 at 12:54pm:
Leroy wrote on Aug 11th, 2025 at 10:29am:
Bobby. wrote on Aug 11th, 2025 at 10:11am:
Carl,
Quote:
Speaking of dirty tricks, I wonder if governments ever got around to
banning the practice of "dummy" bidders (working for the mortgagee) at mortgagee sale auctions?


Very difficult to stop them -
the real estate agents are crooks.

Also - they sell dumps that are unfit for human habitation.
The lower end of the market are mostly houses that are only bulldozer material -
yet they sell them as habitable places.


Not so, real estate agents only represent the seller they do not own the property. Buyers have a responsibility to have the property inspected and checked before buying. If someone buys a dump they already knew it was a dump before they bought it.

Nobody buys a house without making sure it is habitable and if they do then that is not the agents error, the buyer knew that before they purchased the property.



But they don't advertise places as bulldozer jobs.
You should have seen some of the houses I saw.   Shocked

Blocked sewers - toilet water overflows out of bowl when flushed.
Bricks able to pulled out of the side of the house with my bare hands -
mortar had turned into loose sand,
huge cracks in the brick walls due to foundations being undermined
by gutters never having been cleaned and water overflowing for 10 years.
Completely rusted out gutters in the roof.
Floors moving up and down as you walked as the stumps were all gone.
Signs of water damage.
Masking tape put over cracks in walls and then painted.
Signs of termite damage.
Asbestos used everywhere.
No electricity or gas connected so you can't test any appliances.
Even an inspector can't test them.
Really low pressure water as the pipes were nearly blocked.

All sold as a great place to move into and live.  WTF?

2 years later you find out the place had been bulldozed and a new house built
at great expense.


your problem Bobby is you don't have your own agent, I have been using the same agent for over 20 years, If I see a property I'm interested in I ring her and she will tell me if it is worth me looking. You have to build a relationship with an agent and get your monies worth. People just don't know how to use an agent to work for them and build trust. They are normal people like you and me and if you get to know one that you like you can have a excellent resource to use when buying or selling property. My agent knows what I like and don't like and she will only call me if its something I would like. I really don't care what other agents advertise because advertising is not something I consider when buying.

Well said (and done) Leeroy.  Cool
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AIMLESS EXTENTION OF KNOWLEDGE HOWEVER, WHICH IS WHAT I THINK YOU REALLY MEAN BY THE TERM 'CURIOSITY', IS MERELY INEFFICIENCY. I AM DESIGNED TO AVOID INEFFICIENCY.
 
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Jasin
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Re: Dirty Tricks Selling Houses - Underquoting rampant
Reply #31 - Aug 11th, 2025 at 8:03pm
 
An Abo got vicious with me once a long time ago. Accusing me of stealing his land and being an invader. 🤬
I told him I don't own any land and don't own a home, before giving him a bread-basket punch, leaving no bruise of assault to cry over to the cops.🤫
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AIMLESS EXTENTION OF KNOWLEDGE HOWEVER, WHICH IS WHAT I THINK YOU REALLY MEAN BY THE TERM 'CURIOSITY', IS MERELY INEFFICIENCY. I AM DESIGNED TO AVOID INEFFICIENCY.
 
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Leroy
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Re: Dirty Tricks Selling Houses - Underquoting rampant
Reply #32 - Aug 11th, 2025 at 8:07pm
 
Bobby. wrote on Aug 11th, 2025 at 7:43pm:
Leroy wrote on Aug 11th, 2025 at 7:19pm:
your problem Bobby is you don't have your own agent, I have been using the same agent for over 20 years, If I see a property I'm interested in I ring her and she will tell me if it is worth me looking. You have to build a relationship with an agent and get your monies worth. People just don't know how to use an agent to work for them and build trust. They are normal people like you and me and if you get to know one that you like you can have a excellent resource to use when buying or selling property. My agent knows what I like and don't like and she will only call me if its something I would like. I really don't care what other agents advertise because advertising is not something I consider when buying.



That's true -
I found in a few suburbs that the best bargains were all sold
within 5 hours of going on the market.
Obviously agents had phoned up a buyer they knew.


If you are going to spend $500k+ then get off your ass and do some research and you should be checking out every house available in your range. Yes its going to be a long tedious process but that is what is required if you want to get best value. Blaming agents is a very weak excuse for buying a dog. Interestingly its mostly investors that buy dogs because lazy people don't look after their property. The investor restores the house and makes the street better for it.
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Trump derangement syndrome
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Re: Dirty Tricks Selling Houses - Underquoting rampant
Reply #33 - Aug 11th, 2025 at 11:19pm
 
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GOP = Guardians Of Paedophiles
 
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Jasin
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Re: Dirty Tricks Selling Houses - Underquoting rampant
Reply #34 - Aug 12th, 2025 at 12:45am
 
Members get banned for using the C-word on this Forum.
Sad Kangaroo & Monk for example.

Here we have The Creep in the previous post promoting a clip with the C-word prolifically in it.

He should be banned.
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AIMLESS EXTENTION OF KNOWLEDGE HOWEVER, WHICH IS WHAT I THINK YOU REALLY MEAN BY THE TERM 'CURIOSITY', IS MERELY INEFFICIENCY. I AM DESIGNED TO AVOID INEFFICIENCY.
 
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Bobby.
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Re: Dirty Tricks Selling Houses - Underquoting rampant
Reply #35 - Aug 12th, 2025 at 7:45am
 
Leroy wrote on Aug 11th, 2025 at 8:07pm:
If you are going to spend $500k+ then get off your ass and do some research and you should be checking out every house available in your range. Yes its going to be a long tedious process but that is what is required if you want to get best value. Blaming agents is a very weak excuse for buying a dog. Interestingly its mostly investors that buy dogs because lazy people don't look after their property. The investor restores the house and makes the street better for it.



I'm happy where I am now.
My place has some small problems that I have mostly fixed myself
and a few more that I will fix.
I correctly predicted almost all of them when I bought the place.
My days of house hunting are over - thank goodness.

My experience is that if you're too fussy when you go searching -
you'll never buy anything except at a ridiculously high price.
The only way to get a bargain is if you buy a place with some known problems that
would put less able people off.
It really helps if you are a DIY person who frequents Bunnings.
I've repaired appliances, done grouting with silicone,
repaired doors, only yesterday I replaced broken glass, and all sorts of jobs.


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Re: Dirty Tricks Selling Houses - Underquoting rampant
Reply #36 - Aug 12th, 2025 at 9:07am
 
greggerypeccary wrote on Aug 11th, 2025 at 11:19pm:


Attention: GMODS
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AIMLESS EXTENTION OF KNOWLEDGE HOWEVER, WHICH IS WHAT I THINK YOU REALLY MEAN BY THE TERM 'CURIOSITY', IS MERELY INEFFICIENCY. I AM DESIGNED TO AVOID INEFFICIENCY.
 
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Sir lastnail
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Re: Dirty Tricks Selling Houses - Underquoting rampant
Reply #37 - Aug 12th, 2025 at 9:16am
 
John Smith wrote on Aug 11th, 2025 at 7:47pm:
Sir lastnail wrote on Aug 11th, 2025 at 3:41pm:
John Smith wrote on Aug 11th, 2025 at 1:06pm:
Bobby. wrote on Aug 11th, 2025 at 12:54pm:
But they don't advertise places as bulldozer jobs.



thats because not everyone is as useless as you and many are quite happy to fix things that aren't quite right. Many buyers actively search out these properties because they can get them cheaper.


but how good is the fix-up job ? Unless you are in the know you could be buying a lemon and later spending another 50k or more.



so get a building inspection Roll Eyes


and waste money only to be outbid at the auction. Why not provide a building report to prospective buyers like a road worthy on a car ?
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"If you take out Saddam, I guarantee you that it will have enormous positive reverberations on the region..." - Benjamin Netanyahu in 1995
 
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Jasin
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Re: Dirty Tricks Selling Houses - Underquoting rampant
Reply #38 - Aug 12th, 2025 at 9:22am
 
Because even termite/white any inspections have been falsified
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AIMLESS EXTENTION OF KNOWLEDGE HOWEVER, WHICH IS WHAT I THINK YOU REALLY MEAN BY THE TERM 'CURIOSITY', IS MERELY INEFFICIENCY. I AM DESIGNED TO AVOID INEFFICIENCY.
 
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Re: Dirty Tricks Selling Houses - Underquoting rampant
Reply #39 - Aug 12th, 2025 at 9:26am
 
Sir lastnail wrote on Aug 12th, 2025 at 9:16am:
John Smith wrote on Aug 11th, 2025 at 7:47pm:
Sir lastnail wrote on Aug 11th, 2025 at 3:41pm:
John Smith wrote on Aug 11th, 2025 at 1:06pm:
Bobby. wrote on Aug 11th, 2025 at 12:54pm:
But they don't advertise places as bulldozer jobs.



thats because not everyone is as useless as you and many are quite happy to fix things that aren't quite right. Many buyers actively search out these properties because they can get them cheaper.


but how good is the fix-up job ? Unless you are in the know you could be buying a lemon and later spending another 50k or more.



so get a building inspection Roll Eyes


and waste money only to be outbid at the auction. Why not provide a building report to prospective buyers like a road worthy on a car ?


Won't work Jasin, if you are buying a car would you rely on a mechanical report from the seller.
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Trump derangement syndrome
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Re: Dirty Tricks Selling Houses - Underquoting rampant
Reply #40 - Aug 12th, 2025 at 9:31am
 
Nope. And even some mechanics provide false pink slips.
Had one local mechanic shut down last year due to such dodgy slips.
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AIMLESS EXTENTION OF KNOWLEDGE HOWEVER, WHICH IS WHAT I THINK YOU REALLY MEAN BY THE TERM 'CURIOSITY', IS MERELY INEFFICIENCY. I AM DESIGNED TO AVOID INEFFICIENCY.
 
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Re: Dirty Tricks Selling Houses - Underquoting rampant
Reply #41 - Aug 12th, 2025 at 1:30pm
 
Leroy wrote on Aug 12th, 2025 at 9:26am:
Sir lastnail wrote on Aug 12th, 2025 at 9:16am:
John Smith wrote on Aug 11th, 2025 at 7:47pm:
Sir lastnail wrote on Aug 11th, 2025 at 3:41pm:
John Smith wrote on Aug 11th, 2025 at 1:06pm:
Bobby. wrote on Aug 11th, 2025 at 12:54pm:
But they don't advertise places as bulldozer jobs.



thats because not everyone is as useless as you and many are quite happy to fix things that aren't quite right. Many buyers actively search out these properties because they can get them cheaper.


but how good is the fix-up job ? Unless you are in the know you could be buying a lemon and later spending another 50k or more.



so get a building inspection Roll Eyes


and waste money only to be outbid at the auction. Why not provide a building report to prospective buyers like a road worthy on a car ?


Won't work Jasin, if you are buying a car would you rely on a mechanical report from the seller.


Then make them government inspectors not private enterprise Wink We pay enough stamp duty and other taxes so the consumer deserves a lot more than the government taking money from them. In some countries in Europe these reports are mandatory and a lot of the dumps being sold here would not pass muster in these other countries Sad
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Bobby.
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Re: Dirty Tricks Selling Houses - Underquoting rampant
Reply #42 - Aug 12th, 2025 at 1:43pm
 
Sir lastnail wrote on Aug 12th, 2025 at 1:30pm:
Then make them government inspectors not private enterprise Wink We pay enough stamp duty and other taxes so the consumer deserves a lot more than the government taking money from them. In some countries in Europe these reports are mandatory and a lot of the dumps being sold here would not pass muster in these other countries Sad



hear hear sir brave Nail,

the Govt gets 4% which is $40,000 on the stamp duty for the average $1 million house -
they give nothing in return for that.
If you buy a good place or a termite infested - asbestos ridden old dump -
they still get their money.
They can't even supply an inspection report for everyone to read.
It's all take and no give.
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Re: Dirty Tricks Selling Houses - Underquoting rampant
Reply #43 - Aug 12th, 2025 at 1:46pm
 
Bobby. wrote on Aug 12th, 2025 at 1:43pm:
Sir lastnail wrote on Aug 12th, 2025 at 1:30pm:
Then make them government inspectors not private enterprise Wink We pay enough stamp duty and other taxes so the consumer deserves a lot more than the government taking money from them. In some countries in Europe these reports are mandatory and a lot of the dumps being sold here would not pass muster in these other countries Sad



hear hear sir brave Nail,

the Govt gets 4% which is $40,000 on the stamp duty for the average $1 million house -
they give nothing in return for that.
If you buy a good place or a termite infested - asbestos ridden old dump -
they still get their money.
They can't even supply an inspection report for everyone to read.
It's all take and no give.


I know and some of the boneheads on this forum think it's ok to take it up the arsse on the most expensive purchase you will ever make and usually with money that is not yours Sad
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"If you take out Saddam, I guarantee you that it will have enormous positive reverberations on the region..." - Benjamin Netanyahu in 1995
 
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Leroy
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Re: Dirty Tricks Selling Houses - Underquoting rampant
Reply #44 - Aug 12th, 2025 at 1:57pm
 
Sir lastnail wrote on Aug 12th, 2025 at 1:30pm:
Leroy wrote on Aug 12th, 2025 at 9:26am:
Sir lastnail wrote on Aug 12th, 2025 at 9:16am:
John Smith wrote on Aug 11th, 2025 at 7:47pm:
Sir lastnail wrote on Aug 11th, 2025 at 3:41pm:
John Smith wrote on Aug 11th, 2025 at 1:06pm:
Bobby. wrote on Aug 11th, 2025 at 12:54pm:
But they don't advertise places as bulldozer jobs.



thats because not everyone is as useless as you and many are quite happy to fix things that aren't quite right. Many buyers actively search out these properties because they can get them cheaper.


but how good is the fix-up job ? Unless you are in the know you could be buying a lemon and later spending another 50k or more.



so get a building inspection Roll Eyes


and waste money only to be outbid at the auction. Why not provide a building report to prospective buyers like a road worthy on a car ?


Won't work Jasin, if you are buying a car would you rely on a mechanical report from the seller.


Then make them government inspectors not private enterprise Wink We pay enough stamp duty and other taxes so the consumer deserves a lot more than the government taking money from them. In some countries in Europe these reports are mandatory and a lot of the dumps being sold here would not pass muster in these other countries Sad


Have you traveled much?.
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Trump derangement syndrome
Fareed Zakaria defined the term as "hatred of President Trump so intense that it impairs people's judgment"
 
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