Comments on: The ins and outs of underquoting http://www.crikey.com.au/2009/08/07/the-ins-and-outs-of-underquoting/ now with extra source Sat, 11 Feb 2012 22:03:37 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Edwin McLean http://www.crikey.com.au/2009/08/07/the-ins-and-outs-of-underquoting/#comment-33750 Edwin McLean Sat, 08 Aug 2009 00:41:20 +0000 http://www.crikey.com.au/2009/08/07/the-ins-and-outs-of-underquoting/#comment-33750 Housing is a real business. A proper self run check of auctions, listings sales and attention to Reps blather, would give any disciplined organised buyer within 3 weeks a good idea of what the property should go for. If they are far out, then that tells them something ie 2 things, their research is wrong, or the market has moved. If the market is not fitting with what YOU think, perhaps you are wrong. The good thing about property, is that if I had purchased any overpriced house when I was 21 and just lived in (or rented) it till today (35yrs) a few thou one way or the other would not have mattered, it would have made me a very tidy profit. The secret is being able to make the payments through hard times. Housing is a real business.
A proper self run check of auctions, listings sales and attention to Reps blather, would give any disciplined organised buyer within 3 weeks a good idea of what the property should go for. If they are far out, then that tells them something ie 2 things, their research is wrong, or the market has moved. If the market is not fitting with what YOU think, perhaps you are wrong.
The good thing about property, is that if I had purchased any overpriced house when I was 21 and just lived in (or rented) it till today (35yrs) a few thou one way or the other would not have mattered, it would have made me a very tidy profit. The secret is being able to make the payments through hard times.

]]> By: Heathdon McGregor http://www.crikey.com.au/2009/08/07/the-ins-and-outs-of-underquoting/#comment-33682 Heathdon McGregor Fri, 07 Aug 2009 04:59:18 +0000 http://www.crikey.com.au/2009/08/07/the-ins-and-outs-of-underquoting/#comment-33682 Just like the recent Labour access problems (Mr Fitzgerald) this is legal ripping off and the way things are done so shut up. If you dont like that we ignore the laws put in to protect you then dont buy. Some other sucker will. Until of course no other sucker will and then we will be more honest. Just like the recent Labour access problems (Mr Fitzgerald) this is legal ripping off and the way things are done so shut up. If you dont like that we ignore the laws put in to protect you then dont buy. Some other sucker will.

Until of course no other sucker will and then we will be more honest.

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