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Unveiling Underquoting Misconceptions

As a seasoned property expert, I've witnessed the subtle maneuvers of real estate agents. In auction areas, underquoting might seem prevalent, especially in a hot market, but there's more to it than meets the eye. In a transitional market, agents are more likely to tread cautiously, fearing market backlash if they quote too high. Whereas in a hot market, when most accusations of underquoting are made, it’s actually the buyers who surprise everyone with the prices they’re prepared to pay. The key lies in understanding that each agent follows distinct quoting methods. Don't fall into the trap of assuming uniformity. Stay informed and avoid being caught off-guard. #underquoting #propertyinvesting #propertybuyer #buyersagent #buyersagentaustralia #realestate #realestateagent #realestateinvesting #gooddeedspropertybuyers⁣ #buyersadvocate #buyersagentmentor #veronicamorgan