Posted by thick son of a rich man on March 30, 2004 at 13:54:38:

In Reply to: Re: Shane Ross posted by Mike on March 30, 2004 at 13:23:25:

Don't have the link. I think the point he was making was Auctioneers/Valuers consider themselves a profession, and should be capable of valuing a property of within a +- 10% of the eventual selling price. He was basically saying that they tend to under value houses to suck in
more potential punters. From my expereince I definetly agree with his assessment, in recent weeks I've seen houses going for 30%-35% more than the initial guide price. OK yes an auctioneers duty is to the vendor, but why claim that they are valuers so, if they can't value property,

Follow Ups:

• Re: Shane Ross Pete 14:28:11 30/03/04 (0)
• Shane Ross Doesnt always work like that 14:06:15 30/03/04 (0)

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