Hi,
I requested the real estate agent to not disclose the price of the property I purchased. It has been one week and it is still advertised on realestate. Com. He said he got his assistant to do it. What can I do?
Disclosure of Sold Price by Real Estate Agent
tradiesunited on 24/03/2017 - 10:32
Comments
What's the problem. Ring the agent and blast his ass. You're paying him aren't you?
The agent acts for the seller, not the purchaser.
Call his assistant.
Dad just bought a house and had the opposite problem, when he was looking around none of the RE agents would tell him the asking price saying he had to 'make an offer' instead. He had to explain the facts of life to them to get any useful information. And then he reckons all the agents in the same office were too busy competing with each other to be of any use as they wouldn't share leads in case they had to share their commission. In short RE agents: don;t expect too much.
Actually I believe it is up to the seller if they wish to advertise/list the sold price.
That is what I have heard but I am not sure if its true.Notes:
Anything a real estate agent tells you is a lie.Am about to read the link from tomsco above, but I have a question for anyone in the know.
Many estate agents will not tell you the selling price of a home after auction - if missed for whatever reason. Some results are displayed online or in the paper. Others hide it (which is what the OP wants).
Are the estate agents legally bound to tell you the sold price if requested, especially considering it is a public auction?
Generally the price is kept confidential until after settlement at which time it becomes part of the public record with the Lands Title Office or regional equivalent. The contract you have signed as buyer is confidential between the parties of the contract (buyer and seller) until the settlement date, at which time the transfer price becomes part of the public record.
Guessing you've never heard of RPData? Because it's going to be available there whether or not you give consent.
Can you clarify? You purchased the property, and have asked the Agent not to disclose the selling price?
When you say purchased - has settlement occurred? Do you have an unconditional offer? Or waiting for funds (or other conditions)?
Has the price on Realestate.com.au changed? (ie. has the listing changed?) I'm assuming the price you paid isn't the original asking price. (This is OzBargain :-)
I doubt any agent would take the listing down if the offer isn't unconditional, but after that, I guess they might keep it around for trying to collect additional interested parties (and direct them to something else they're selling). That is a little on the scummy side. Once it's settled though, it becomes dodgy AFAIC.
However, once settlement occurs it'll become public information in a month or two… so I guess another question is what are you trying to achieve by the secrecy?
public record champ
It's recorded on public record. Probably also recorded on scraping sites as well now.
https://forums.whirlpool.net.au/forum-replies.cfm?t=2617787