Quote:
Originally Posted by Mr.HappySilp
One of the things i hate is that when a unit is sold it just said it is sold never does it show how much is sold for.
The town home my sister purchase is listed as 520k but was sold at 490k that's a 30k gap and without the actual amount it gives sellers and buyer a fasle info thinking it was sold at asking or even higher than asking price but truth is that it is sold at a lower price.
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If you were working with a realtor, ie were serious in buying/selling, that information is easily available and listed, as is every other price change that property has seen, and much much more.
Why would potential buyers and sellers assume that the property sold at or above asking price? All parties would be prudent in doing market research for the area, similar units, assessed pricing, then determining a price based around all of these factors.