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Post by violet on Aug 11, 2008 11:27:14 GMT 10
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Post by braided-rug on Aug 11, 2008 12:38:02 GMT 10
This is amazing.
"Be Flexible: In this market, buyers will expect to pay less than the asking price. They will be armed with the original list prices and final sales prices of comparable homes and will know the price reductions other sellers are accepting."
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Post by violet on Aug 11, 2008 21:36:38 GMT 10
I suppose the internet helps with that. When looking at houses in metro Melbourne, clicking on a house will bring up information about the house itself, plus the sale prices and addresses of houses nearby.
The auction clearance rate last weekend was one of the lowest in 3 years.
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