Finding out the price when it's not listed

Discussion in 'The Buying & Selling Process' started by Jess Peletier, 12th Oct, 2016.

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  1. The Y-man

    The Y-man Moderator Staff Member

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    The only general exception for me is if there is an empty slot between inspections and there's a "contact for price" that happens to be open in the area.

    The Y-man
     
    The Y-man, 13th Oct, 2016
    #21
  2. Big Will

    Big Will Well-Known Member

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    It has a visible price and then there is a hidden search range however the websites do not put any restriction on the hidden price.

    E.g. you can advertise a property for 1,000,000 but have the hidden search price at 500,000.
     
    Big Will, 13th Oct, 2016
    #22
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  3. Jerry O

    Jerry O Well-Known Member

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    kewl.. thanks for that info!
    i would normally add in a few more checks for the price like comparable sales and other stuff anyway.
     
    Jerry O, 13th Oct, 2016
    #23
  4. Elives

    Elives Well-Known Member

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    Hi Jeff,

    it doesn't seem to be working for me i typed "listprice" in the search bar but no price is shown? what am i doing wrong? :s
    upload_2016-10-13_16-30-59.png
     
    Elives, 13th Oct, 2016
    #24
  5. Jerry O

    Jerry O Well-Known Member

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    try searching using "price" only. you will have maybe 30-35 hits but just keep hitting next.
     
    Jerry O, 13th Oct, 2016
    #25
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  6. Elives

    Elives Well-Known Member

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    upload_2016-10-13_17-10-29.png


    Thanks Jerry, It came up with 500-600k, for the people that use this how accurate do the agents put in the listing prices?

    Cheers, Elives
     
    Elives, 13th Oct, 2016
    #26
  7. dabbler

    dabbler Well-Known Member

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    What site was it ? What browser ?
     
    dabbler, 13th Oct, 2016
    #27
  8. Elives

    Elives Well-Known Member

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    RE.com and chrome? whys that?
     
    Elives, 13th Oct, 2016
    #28
  9. Raydar

    Raydar Well-Known Member

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    OK this thread is getting too much attention. It needs to deleted now before they fix the problem. :)
     
    Raydar, 13th Oct, 2016
    #29
  10. Jess Peletier

    Jess Peletier Mortgage Broker & Finance Strategy, Aus Wide! Business Member

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    Don't do that -- otherwise I'll have to ask again in a few days ;)
     
    Jess Peletier, 13th Oct, 2016
    #30
  11. dabbler

    dabbler Well-Known Member

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    just curious.....it should show up the same if same site....
     
    dabbler, 13th Oct, 2016
    #31
  12. Elives

    Elives Well-Known Member

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    i've only used re.com but one was 500-600k which i suppose gives you a rough idea but the agent could of told me that, another one was 450k when i spoke to the agent he said mid to high 400's
     
    Elives, 13th Oct, 2016
    #32
  13. The Y-man

    The Y-man Moderator Staff Member

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    They are usually looking for the next price bracket above. THis range is set so the propoerty will come up when you do a search for "up to 600k". In reality, the probably want closer to 700k ~ but if they do this, 1. it won't come up on your search and 2. you'll ignore it even if it did.

    By not listing the price, you'll think it's under 600k and call the agent at which point their work begins in conditioning you to paying more.

    The Y-man
     
    The Y-man, 13th Oct, 2016
    #33
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  14. Dean Collins

    Dean Collins Well-Known Member

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    well they have to "have some kind of price" for the sort function to work.

    Generally this is no better than looking at the listing above and below and working out the range from there :)
     
    Dean Collins, 14th Oct, 2016
    #34
  15. Westminster

    Westminster Tigress at Tiger Developments Business Member

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    It's a handy guestimator that gives you an idea if you should pick up the phone and actually call the agent because it's in your price bracket. Generally the price range is quite large so that during sorting 'low to high, high to low' or 'up to $xxx' it will show up to as many people as possible.
    Other than that it's just a figure nominated by the REA for website sorting.
    I hate listings that don't have a price but I have learnt that it can be worth the phone call as everyone else is NOT calling them.
     
    Westminster, 14th Oct, 2016
    #35
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  16. Bran

    Bran Well-Known Member

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    Brilliant! This works for auctions Amazeballs
     
    Bran, 15th Oct, 2016
    #36
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  17. dabbler

    dabbler Well-Known Member

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    You make a good point, not sure if it is correct or not, but I too often ignore no price, no address listings.

    Either way, it is a stroke of genius by these agents doing the utmost for the client.....;) :eek:
     
    dabbler, 15th Oct, 2016
    #37
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  18. Toon

    Toon Well-Known Member

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    True, but once I'm completely familiar with available stock in an area, I no longer sort by price but latest listing so I can keep tabs purely on new stock - at this point I don't want to mess around listing by price anymore. Plus, I'm lazy :p
     
    Toon, 15th Oct, 2016
    #38
  19. Brickbybrick

    Brickbybrick Well-Known Member

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    I'm assuming the hidden list price would be the reserve for properties going to auction?
     
    Brickbybrick, 15th Oct, 2016
    #39
  20. dabbler

    dabbler Well-Known Member

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    No.
     
    dabbler, 15th Oct, 2016
    #40
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