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'Extraordinary' Sale in Sales History report?

Discussion in 'The Buying & Selling Process' started by Sameer Talwar, 4th Jul, 2015.

  1. Sameer Talwar

    Sameer Talwar Member

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    24th Jun, 2015
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    Location:
    Sydney
    Hi all,

    Most sales reports I've seen have said (Ordinary) after the previous sale prices. However one report I looked at today said (Extraordinary).

    What does this mean and what circumstances would cause a sale to be classified as this?

    Cheers
    Sam
     
  2. Propertunity

    Propertunity Exclusive Real Estate Buyers Agent Business Member

    Joined:
    19th Jun, 2015
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    Location:
    NSW
    What software package did the report come from?
    It could be a partial sale - for instance a spouse selling a 20% share to a spouse. It could be a parent selling cheaply to an offspring (although these are normally described as "related" sales not "extraordinary".
     
  3. Azazel

    Azazel Well-Known Member

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    18th Jun, 2015
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    Location:
    Brisbane
    Yeah possibly, in some reports they say 'part sale' or words to that effect.