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Search for residential property and home services including agents, financial & trade services.
Plus...
A world first for location.com.au !
the MARKET Price > an independent pricing tool.
How it works >
The agent lists a property for auction and creates a MARKET Price competition ie location.com.au/chapel46
A cash incentive is offered to ..
a/ encourage people to enter a price they think the property will sell for and
b/ enter a real price !
1st, 2nd, and 3rd cash prizes are awarded to the top three closest entries to the final sale price.
* All price entries display for buyer research.
THE BENEFITS
For Buyers >
Greater market price information !
Buyers can benefit from an Independent MARKET Price before the auction starts.
Please Note: The selling Agency, staff and property owner are not permitted to enter a MARKET Price.
The following Member information is publicly available ..
a/ First Name
b/ The Winners Full Names are published.
c/ The Member Price entries and Member # IE Larry $750,500 (#45678)
d/ Member Suburb and Region ie Suburb: Sandringham | Region: Bayside
e/ # Member Entries ie Member Entries: 114
f/ The Members Median and Average Price (both methods of calculation are published).
g/ Sort Member Results by Region & Price.
For Sellers (Vendor & Agent/Auctioneer) >
Maximise advertising campaigns, Retain buyer interest, Higher clearance rates !
Melbourne auction clearance rates are down to the 60% range. The market has changed, and buyers are more
hesitant to make one of the biggest financial decisions of their life ! Prices are no longer guaranteed to quickly rise,
and buyers recognise the importance of making a well informed decision.
The MARKET Price will ..
a/ Maximise all advertising and get more people involved in your product and service.
b/ Provide Agents and Auctioneers with independent market price information to promote before, during or after auction.
c/ Give the Agency 1/ Marketing Staff 2/ Sales Agents and 3/ Auctioneer a powerful selling tool.
Value >
The cost of a promotion can be equivalent to one small advert in the Melbourne Weekly.
EG Advertising
Property: 46 Chapel St
Agent: Peter McKeddie 0411 225 522
EPR: $580,000 > $630,000
the MARKET Price: www.location.com.au/chapel46
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Think you know property prices?
/ Search for a property displaying the MARKET Price.
/ Register for free and post what you think the property will sell for??
/ When the property sells, you will receive an e-mail notifieng you of the results.
/ The top 3 closest to the final sale price win cash prizes !
Click here to register >