My partner and I have just started looking to buy a house. We're in Australia.
We went to an inspection for a place that was $1.1m, had just failed to sell a week ago at auction and I knew the highest bid was $1.02m. We start just casually talking to the agent and immediately she starts negging us. No better way to describe it. “Ohh there's nothing in your price range in this area, I don't want to be rude but you can't afford it” (We're literally standing in one.) “There are 2 bids already at $1.095m and $1.08m.” “No offence but you need to look further away.”
Even before this my trust for agents was low, they're the seller's agent, not mine. But I found this just bizarre given she's trying, it appears, to sell me this house.
Then yesterday she calls me again, and after negging me some more reveals all. There are some newly approved houses being built, they're the bee's knees, etc etc. In other words, her commission is obviously higher if she flogs off one of these than the established house we inspected.
An interesting experience. I've been negged at high end shops (Armani), and there's an AskReddit thread that explains the sales tactic for shops (I can't find it). But I didn't know it happened in real estate too.
Hope it's useful for someone.
Submitted November 20, 2018 at 04:50PM by jmsly https://ift.tt/2BngJah
