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â$100k blindsideâ: Home buyers stung by greedy vendors Queensland is in the midst of housing market boom and yet some houses are still not selling at auction and itâs all down to greedy vendors. Property by Darren Cartwright Premium Content Subscriber only Greedy vendors are squeezing every dollar out of desperate home buyers, some even holding out for unrealistic reserves that have forced sellable properties to be passed in, experts say. Over the past few weeks, several houses have failed to sell with real estate agents quietly claiming it is purely because of unrealistic reserves. One agent, who did not wish to be named, said one property they listed failed to sell at auction after the vendor factored in a 20 per cent increase in the reserve to offset the rising property market. ....
Property by Darren Cartwright and Elizabeth Tilley 25th Feb 2021 5:03 AM Premium Content  Homehunters have become so disillusioned with Queensland s property market they are going to extreme lengths, such as letterbox drops and doorknocking, to find owners willing to sell. With listings at record lows and money cheaper than ever, competition is fierce and buyers are throwing hundreds of thousands of dollars more at sellers in a desperate bid not to miss out. Just this week, a luxury home in the inner Brisbane suburb of Paddington sold for $200,000 more than it fetched only a year earlier - and not a thing had been done to improve it in that time. ....
Buyers' extreme tactics as homes fetch $600k more in a year gympietimes.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gympietimes.com.au Daily Mail and Mail on Sunday newspapers.
Buyers' extreme tactics as homes fetch $600k more in a year warwickdailynews.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from warwickdailynews.com.au Daily Mail and Mail on Sunday newspapers.
Buyers' extreme tactics as homes fetch $600k more in a year sunshinecoastdaily.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sunshinecoastdaily.com.au Daily Mail and Mail on Sunday newspapers.