Hi everyone I just found this forum and I have a few queries that someone may be able to assist with. I have lived in Frankston all my life and found it a wonderful place to live and raise a family despite some people having negative views of Frankston. But it is now time to downsize. I have a 1950s house on a large block. I was advised to maximise the value of the property by getting plans drawn up and getting planning approval for three townhouses which has taken 12 months and cost about $20,000. Two months ago I received a letter that was stamped and hand addressed and posted from a property company located in Collingwood. It expressed an interest in purchasing my property and offered to pay higher than market value although no actual figure was quoted. I wondered how the hell did they know I was intending to sell the property. My questions are - has anyone else been approached directly by developers? Can they be trusted? Has anyone sold to developers directly? Were they happy with the outcome? The bloke who signed the letter had a Chinese name. A real estate agent told me there had been a number of sales in Frankston of development size properties to Chinese investors who see Frankston as the bargain basement of bayside property. This really surprised me as I thought Chinese investors were only interested in the top end of the market. A few days ago I had another enquiry from a local developer. So what do I do? Engage a real estate agent or deal with a developer. I know I would save on commission but I also want to get the best price.