Broker is opposed to Underquoting – Realestate.com.au

Broker is opposed to Underquoting – Realestate.com.au

Veteran broker Tony Brasier wants to set an example when it comes to the transparency of the auction price.

He has mentioned one of his investment houses, a Beecroft apartment, with a announced spare price of $ 820,000 prior to the auction of 11 October via the local agent Nick Bedford.

“I hope that this example can be a driver for changing the way in which residential real estate is sold in NSW, eliminating it under the combination,” said Brasier.

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Makelaar Tony Brasier mentions his Beecroft -Investment Apartment with a pre -shadow of $ 820,000 reserve price. Photo: realestate.com.au


Now at his TLB Partnership Property Consultancy, Brasier is the former chairman of Colliers International and PRD.

“Place peacefully at the back of the block and this entire brick apartment shows an excellent light -filled design with generous dimensions for a lifestyle of easy care comfort,” the list for the unit with two beds on 2/76 Beecroft Road, Beecroft Read.

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Veteran broker Tony Brasier wants to set an example when it comes to the transparency of the auction price.


“Immersed in the heart of Beecroft Village, they are hardly any footsteps to control Place stores and the station, while in the basin for appreciated Beecroft Public, Cheltenham Girls’ and Carlingford High School.

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Undated: finance. Tony Brasier (Colliers), Gary Vulger (PRD), Grant Dearlove (PRD), John Kenny (Colliers), Archie Douglas (Check) PRD. Delivered pic ### must file - TM ###

Tony Brasier. Image: delivered


In the meantime, the debate flared up on LinkedIn this week after the sale of $ 4,285,000 auction result at 55-57 Suttor ST, Alexandria.

The house with four bedrooms, three bathrooms was quoted with an initial published price guide of $ 3.5 million that was increased to $ 3.7 million.

However, buyers have only set the lower end of the 10 percent price tape in the office agreement.

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The sale of 55-57 Suttor Street, Alexandria, NSW created debate.


BresicWHitney denied an underverulte.

They added that they are one of the few agencies that have been published prize rams for ten years, together with free building and pest van reports.

“We would welcome NSW Fair Trading standardizing price representation in NSW, as exists in Victoria,” advised Bresicwhitney.

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