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Dirty Tricks Selling Houses - Underquoting rampant (Read 2705 times)
Sophia
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Re: Dirty Tricks Selling Houses - Underquoting rampant
Reply #60 - Aug 13th, 2025 at 4:59pm
 
John Smith wrote on Aug 13th, 2025 at 11:06am:
Sophia wrote on Aug 13th, 2025 at 10:37am:
And the rent is ridiculously high in the Goldy now.
A 3br with ensuite can get about $850 week rent!


I'm getting just shy of $1k a week for 3 bd and ensuite


It must be in a very good spot! Walking to Broadwater or beach etc?
Or it’s got a bit of land and pool?

Ours is on land under 400msq

But it begs the question, if a renter can afford $1000 a week payment, surely they can buy and pay off a house?
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Jovial Monk
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Re: Dirty Tricks Selling Houses - Underquoting rampant
Reply #61 - Aug 13th, 2025 at 6:37pm
 
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John Smith
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Re: Dirty Tricks Selling Houses - Underquoting rampant
Reply #62 - Aug 13th, 2025 at 11:13pm
 
Sophia wrote on Aug 13th, 2025 at 4:59pm:
John Smith wrote on Aug 13th, 2025 at 11:06am:
Sophia wrote on Aug 13th, 2025 at 10:37am:
And the rent is ridiculously high in the Goldy now.
A 3br with ensuite can get about $850 week rent!


I'm getting just shy of $1k a week for 3 bd and ensuite


It must be in a very good spot! Walking to Broadwater or beach etc?
Or it’s got a bit of land and pool?

Ours is on land under 400msq

But it begs the question, if a renter can afford $1000 a week payment, surely they can buy and pay off a house?

For $1k a week they should be paying off their own mortgage.
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Sir lastnail
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Re: Dirty Tricks Selling Houses - Underquoting rampant
Reply #63 - Aug 18th, 2025 at 6:29pm
 
Check it out !

Albos housing market Sad

All of the property hoarders have bought up the good stock with generous tax concessions not offered to owner-occupiers. All that remains are the scraps not fit for human habitation Sad

Reality of breaking into the property market | A Current Affair


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« Last Edit: Aug 18th, 2025 at 6:36pm by Sir lastnail »  

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Re: Dirty Tricks Selling Houses - Underquoting rampant
Reply #64 - Aug 26th, 2025 at 10:36am
 
Check it out !

Is ‘underquoting’ to blame for rising property prices?


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Leroy
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Re: Dirty Tricks Selling Houses - Underquoting rampant
Reply #65 - Aug 26th, 2025 at 11:03am
 
Sir lastnail wrote on Aug 18th, 2025 at 6:29pm:
Check it out !

Albos housing market Sad

All of the property hoarders have bought up the good stock with generous tax concessions not offered to owner-occupiers. All that remains are the scraps not fit for human habitation Sad

Reality of breaking into the property market | A Current Affair




Beautiful little unit in Perth that is a very good buy under $400,000. Some people just can't be satisfied.

https://www.realestate.com.au/property-house-wa-armadale-148807788?sourcePage=re...
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Re: Dirty Tricks Selling Houses - Underquoting rampant
Reply #66 - Aug 26th, 2025 at 11:10am
 
Sir lastnail wrote on Aug 26th, 2025 at 10:36am:
Check it out !

Is ‘underquoting’ to blame for rising property prices?




Don't think I've seen anything so stupid. If your agent keeps showing you houses that are out of your price range then stop using that agent, agents have nothing to gain by showing clients houses they can't afford.

You are making a huge investment in your life and you don't take the time to learn the market and have an idea what you can afford, do you really think you should be taking on such an important decision if you can't figure out what a house is worth.
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Re: Dirty Tricks Selling Houses - Underquoting rampant
Reply #67 - Aug 26th, 2025 at 11:43am
 
Quote:
Dirty Tricks Selling Houses - Underquoting rampant


At the same time they are talking the price down to buyers they are talking the price up to sellers trying to get their business or convince them to sell when they wouldn't if given an honest price expectation.

This happened to me on my first house sale. In the 80's the agent told me that the house would easily get $180K it was a smallish 3 bed room. I though at the time he was exaggerating - My thought was maybe $150K. Turns out that $135K was pushing it a bit. I had no intention of selling for that at that time. He was just wasting everyone's time.

He also kept leaving a card saying he had shown the house. I was a shift worker at the time one day I heard the alarm go off while I was in bed almost sleeping. The alarm was turned on again 30 seconds later. When I woke I found his card on the table saying he had shown the house. He was showing the house to nobody.

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