Episode Details

Have you ever questioned the logic behind a property's price tag? Or wondered if the real estate agent's valuation of your property was overly optimistic? We unravel these queries and more in our fascinating discussion around property pricing. We warn against the pitfalls of unrealistic pricing and highlight the importance of picking an agent based not on their initial price estimation, but on their history of achieving top market prices for their clients. We emphasize that agents merely provide an opinion of value; the actual valuation is left to bank valuers.

In our engaging conversation, we delve into the multitude of factors that can influence a property's price and stress that buyers are the ultimate arbiters of value. We also explore unforeseen elements that can impact your price, such as easements, bad strata reports, and building issues. We encourage sellers to research, understand the local market, and seek multiple opinions, much like you would from a doctor or lawyer, to ensure a realistic valuation. We round off by debunking price baiting and offering advice on finding a trustworthy agent. So, if you've been handed a price that seems too good to be true, we're here to help and provide a second opinion.