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Offline David B


  • Joined: Dec 2015

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I had it yesterday. I put an offer in on their guide to be told it has to be $50k more. Why have that number to start with

Dob them in, its completely illegal to advertise a selling range that is deliberately low to attract buyers... In Victoria they nabbed about 40 real estate agaents with a 25K fine each.



Offline M500


  • Joined: Apr 2008

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I had it yesterday. I put an offer in on their guide to be told it has to be $50k more. Why have that number to start with

Same here, I put offers on two separate (agents & vendors) blocks of land both at the high end of their house and one was rejected completely and the other a counter offer 12% above the range.

It amuses me how politely I can say FO sometimes.



Offline dodger

  • Tommy Gunna

  • Joined: Dec 2009

  • Location: Melbourne
Fact is they haven't got a fecking clue about the price they make money by being slick and presentable.
It's easy these days to be forgiven for not knowing the final outcome of an auction, here in Vic it's just crazy , one guy at an auction boasted it was the third he'd bought that day and now he owns 30 properties, all interest only no doubt.

However saying "offers over" then just rejecting reasonable offers without a price nominated is just a "c" act and should be reported to the Institute in your state.



Offline amgsl55

  • Tooth hurty

  • Joined: Feb 2011

  • Location: Adelaide
Man, I hated the whole "offers over" thing when we were hunting.

Agents hold too much power and have arrogance as a result. Luckily I've only had to deal with a few agents for my buys and sells and prices can be seriously and honestly discussed with these agents I know well when it's time to sign the dotted line.



Offline amgsl55

  • Tooth hurty

  • Joined: Feb 2011

  • Location: Adelaide


However saying "offers over" then just rejecting reasonable offers without a price nominated is just a "c" act and should be reported to the Institute in your state.

Expression of interest is what I'm seeing more of these days which I also hate.




Offline 360c

  • 300kph+ club
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Same here, I put offers on two separate (agents & vendors) blocks of land both at the high end of their house and one was rejected completely and the other a counter offer 12% above the range.

It amuses me how politely I can say FO sometimes.

Why be polite ?



Offline mondi

  • Resident Bogan
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Expression of interest is what I'm seeing more of these days which I also hate.

That's how they are getting around the legal stuff I believe........



Offline goober

  • AE's Tame Race Driver
  • I did not lie. I was strategically misinforming u

  • Joined: Feb 2006

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  • Name: Buddy Miles
Expression of interest is what I'm seeing more of these days which I also hate.
EOI just suck, it becomes a Dutch auction, always believe at auction the one with the biggest balls stands tall
Meeting women on the Internet? Remember, the more similarities u “magically” have, & the more she agrees with u, the fucking crazier she is.



Offline amgsl55

  • Tooth hurty

  • Joined: Feb 2011

  • Location: Adelaide
EOI just suck, it becomes a Dutch auction, always believe at auction the one with the biggest balls stands tall

auction is definitely the way to go IMHO, it shows the true value of a house at the current market.



Offline Fil-Ski


  • Joined: Feb 2009

  • Drives: 993TT
  • Location: Adelaide
auction is definitely the way to go IMHO, it shows the true value of a house at the current market.
Not in Adelaide. Melbourne and Sydney yes but in Adelaide I don't believe it achieves the best price for the seller.



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