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Old 11-08-2021, 10:30 PM   #1590
Giant Cranium
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Join Date: Mar 2009
Location: sydney
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Default Australia housing bubble

Quote:
Originally Posted by Yellow_Festiva View Post
What the agent is doing is against the law. If you are not interested in going ahead then report the mongrel...

https://www.fairtrading.nsw.gov.au/a...uoting-reforms

I don't think you are in NSW but I'm sure 'underquoting' is against the law in all states.

Up to 20% is normal. Fair trading won’t touch it until it is 30%.

And it’s 30% from the upper number

We learnt that the hard way. Embraced it and could afford to buy what we wanted. Interestingly enough the place we bought was advertised with a 50k range. Ended up going bam in the middle. We showed up to the auction with the extra 20%
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