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Thanks very much for that.
I will get my sister to contact her solicitor immediatly. I was hoping there would not be too much involved.
Felicity
[biggrin]
Hi Pisces
I think I know why the property is priced as it is.
The current listing agent is not the original agent. The original listing agent sold the vendors the house they have moved into promising they would get an inflated price back on their old home. This obviously did not happen as the house is still on the market. 4 months later the vendors are now with their 3rd agent (I have watched the ads)and still having no luck but still under the belief that their property is worth more than it actually is because the original agent assured them that this was the case.
I have done extensive research on the sales in surrounding streets in fact I missed out on a great property in similar condition 2 streets over that was listed at $220 and sold last October for only $170.Yes I did inform the agent that my business partner and I owned several properties within the immediate area. Unfortunatly it did not convince him to present my offer.
Regards
FelicityThanks Mel,
That is what I thought as well. The agent told me today that he had asked the principle and that the answer was no. I plan to ring the REIV (I am in Victoria) in the morning as they shut at 4.00 and I missed them this afternoon. Just thought I would ask some advice in the meantime.
Thanks again
Felicity
