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Compare Sold Evidence, Not Just Asking Prices

Oct 7
1 min read

Asking price is not a completed transaction

The advertised price or guide is part of a marketing campaign. It does not show what a buyer ultimately paid for a comparable property.

Use comparable sold evidence

Look for recent sales with meaningful similarities: location, land, property type, accommodation, condition, age and other features that matter to buyers.

Comparable does not mean identical

No two homes are exactly the same. Adjust your expectations for condition, renovation, orientation, parking, strata, land, views and other material differences.

How Thao uses it

For a buyer, sold evidence helps set a disciplined offer range. For a seller, it helps create an evidence-based appraisal and pricing strategy.

Message EVIDENCE with suburb + property type if you want a current sold-comparison discussion.

Thao Pham | 0452 526 888 | info@eltnetwork.com | Class 1 Licensed Real Estate Agent — Licence No. 20375265

General information only; an appraisal is not a formal valuation.

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