I don't think the guy had ever had a vendor do that to him, and I could hear the mortification in his voice. The incident certainly didn't help the reputation of real estate agents in my eyes.
I was prompted to write this blog after reading about new rules in NSW that crack down on agents quoting a low price for a property to prospective buyers. This is a practice agents use to bump up the number of people who go along to auctions, to make it look like there are plenty of people interested in buying a property,germany football home kit, to help bump up the price the property fetches.
So I canvassed a few people in the industry to find out about what they think of under-quoting. Thor Harrison, manager of sales and leasing at Netrent Commercial in Brisbane, says anyone who wants longevity in the industry won't under-quote or over-quote.
Under-quoting happens when an agent isn't confident of their abilities. Over-quoting is when they are desperate to get a listing. Both happen all the time,new chelsea fc kit 2012 13, he says. Thor believes things will only change when there's a higher barrier to entering the industry, such as comprehensive mandatory education.
Zoe Pointon,bayern munchen 2014 kit pes 2013, co-founder of Open Agent, a real estate agent ranking and reviews platform,adidas soccer jersey argentina, agrees under-quoting is a major issue in the Australian market.
While many people assume this unethical behaviour only negatively affects buyers by tempting them with properties they cannot afford,uruguay junior football kit, it can also have a serious impact on sellers. Agents who fail to price a property reasonably and honestly,juventus away jersey review, whether intentionally or not,junior football kits real madrid, risk alienating the right group of buyers, meaning vendors either settle for less than they should,arsenal away kit singapore, or the home doesn't sell at all. This may require re-marketing down the track,jersey real madrid 3rd techfit, adding unnecessary costs for the vendor.
Zoe says under-quoting isn't always intentional. An overheated market can make valuation very difficult. Under-quoting can also result from a lack of experience or proper training, especially for very new agents.
She says the new guidelines on under-quoting are a step forward in educating agents about what constitutes unethical practice, but there's also a need to strengthen the mechanisms for apprenticeship within the industry.
But Brian Wellington,arsenal shirts replica, an agent with Ray White, says it's not always the agent to blame when it comes to under-quoting. He says this can happen when the agent and vendors agree to present an auction guide price well under what the price the property might be expected to fetch.
Buyers are then baited into the property only to face a much higher selling price on auction day. If questioned,arsenal training shirt, the agent responds that this is a result of buyer feedback during the campaign or market forces. As a whole, auction price guides should not be used, he says.
Wellington says over-quoting remains an issue where homeowners want to hear the best possible wish price for their property and then agents agree to it without any research or evaluating the market.
Real estate agents should be educating the homeowner and showing the research and process before agreeing to a price, he says.
I have my doubts about whether tightening rules around under-quoting will have much effect, but I certainly hope they do. Because there are few things more annoying than traipsing around auctions on a Saturday morning with high expectations you have every chance of being a successful bidder,manchester city euro kit 2012 13, only to be trumped at every one, week after week.
What do you think? What can be done to stop under- and over-quoting on properties?相关的主题文章：


http://www.lanca.com.cn/plus/feedback.php?aid=34

http://gbr.ts-4.de/index.php?site=guestbook

http://www.chenlian.org/forum.php?mod=viewthread&tid=274740&fromuid=453

http://www.iimomo.com/bbs/forum.php?mod=viewthread&tid=615690&fromuid=76173

http://www.wikimusicmemorabilia.com/User:Jwxhpsomf#psg_away_shirt_beckham_Foes_Maryland.2C_UNC_Set_To_Provide_Rep