Sold House Not Showing on realestate.com.au

Why do some houses not appear?

 

This is because the agent has changed the status to "off market" instead of "sold".

 

Why do they do that?

 

Shhhhhh! It's a secret.

 

I thought the agents had to have the sold section as part of their subscription too.

 

Agents get up to all sorts of tricks, why ? who knows, but they must think it get's more business.

 

Realestate.com.au used to charge for the privelage. People selling their home would look through the sold section of their suburb to get and indication on pricing. The agents with properties in there then have more chance of getting called in to appraise the property as they are seen to be an active local agent. Simple.

It's more REA getting up to tricks than the agents.

 

I have no idea why they wouldn't do it because there is no advantage of hiding it.
My best guess is that they may not be aware of this and they leave it to their administration to update info etc.

 

Maybe the vendor has asked for it not too appear because they dont want everyone knowing there business.

 

Maybe because it sold for less than market value. The REA doesn't want prospective buyers thinking that's what he can bring to the table.

 

I wanted my purchase price suppressed on the websites because I thought it was too cheap. But the real estate agent said that they can do that but the price would eventually show up. Later on I could see it listed with the price we paid on realestate.com, it says the price was supplied by rpdata.

 

They have the option of marking it as sold and contact agent as the price though. This would be better than hiding the listing as it could get potential sellers calling the agent.