Pages

Wednesday, 2 November 2011

Rate cut to spark modest price rises

Posted to Sydney Morning Herald (2/11/2011) on 2/11/2011 at 10:22 PM
Commenting on "Rate cut to spark modest price rises"

http:// http://smh.domain.com.au/real-estate-news/rate-cut-to-spark-modest-price-rises-20111102-1mun4.html

Unfortunately some real estate agents do not submit unsuccessful auction results, and therefore the clearance rate can be a bit rubbery. The main intention is not to distort the clearance rate, but to hide any embarrassment from vendors and potential vendors that the agency does not achieve the desire results as they have been bragging about. As a reader of the auction result, would you engage an real estate agency that does not perform well, showing PI or VB in many of their auctions?