Underquoting & Reserve Disclosure: What Doctors Need to Know Before Auction Day | Episode 14
Автор: Property for Doctors
Загружено: 2026-02-23
Просмотров: 7
Описание:
In Episode 14 of The Property Prescription Podcast, Phillip Almeida, Director & Co-Founder of Property for Doctors, and Dr Tony Chen unpack the issue of underquoting—why it happens, why it’s so frustrating for buyers, and what’s changing with reserve disclosure in auction-driven markets like Melbourne and Sydney.
They discuss real case examples where quoted ranges were far below selling prices, and explain how underquoting can create unrealistic expectations—especially for first home buyers and doctors purchasing in competitive auction environments.
In this episode, you’ll learn:
•What underquoting is and why it’s illegal
•Why quoted ranges can be misleading in strong auction markets
•How reserve disclosure aims to improve buyer transparency
•Practical strategies to avoid overbidding (walk-away price + due diligence)
•How to approach auctions with discipline—without getting pulled into the “theatre”
👉 Want a clearer view of value before you bid? Start with a private conversation.
🌐 Learn more: www.propertyfordoctors.com.au
📅 Schedule a private consultation: https://propertyfordoctors.com.au/enq...
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