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InvestAus

Mortage Broker , Sydney Region

Owners are more likely to get a higher price by going to auction where multiple groups can compete

6Mo ago 0 Replies 120 Views
Homeowners who sell their properties off market could be cheating themselves out of hundreds of thousands of dollars, housing experts have warned.

Real Estate Institute of NSW president Leanne Pilkington said it made little sense to sell off market in the current booming housing conditions.

“Owners are more likely to get a higher price by going to auction where multiple groups can compete,” she said.

Off market sales have become a trend in certain real estate circles is recent times. It generally involves an agent shopping an owner’s home around to their database without it being advertised or marketed.

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