Accurate Real Estate Agents Top 10
Home buyer’s need better certainty when it comes to real estate agent quotes provided before auctions. Accurate real estate agent quotes give buyers increased confidence about how they should invest their time, money and emotional energy.
Therefore before investing in a building inspection or legal contract review the buyer should have the confidence that the property is within their real budget. Otherwise the buyer has the potential to be wasting the time and money unnecessarily.
Here are the most accurate suburbs for real estate agent quotes in Victoria and New South Wales.
Accurate Real Estate Agents Top 10
| VIC | Accurate real estate agent suburbs | Sold Price vs Agent Quote | Sold Price vs realAs.com |
| 1 | Altona | 7.8% | 9.8% |
| 2 | Hawthorn | 9.4% | 8.8% |
| 3 | Abbotsford | 10.1% | 8.6% |
| 4 | Brighton East | 12.4% | 4.5% |
| 5 | Elwood | 12.9% | 6.0% |
| 6 | Sandringham | 13.2% | 5.5% |
| 7 | Pascoe Vale | 13.3% | 5.4% |
| 8 | Greensborough | 14.0% | 4.0% |
| 9 | Bentleigh | 14.0% | 3.9% |
| 10 | Altona North | 14.0% | 5.5% |
| Source:REALas.com November 2016 |
| NSW | Accurate real estate agent suburbs | Sold Price vs Agent Quote | Sold Price vs realAs.com |
| 1 | Baulkham Hills | 3.8% | 10.4% |
| 2 | Camperdown | 4.5% | 5.0% |
| 3 | Surry Hills | 4.8% | 5.1% |
| 4 | Cronulla | 5.9% | 6.6% |
| 5 | Narraweena | 7.8% | 6.8% |
| 6 | Eastwood | 7.9% | 8.2% |
| 7 | Castle Hill | 7.9% | 6.7% |
| 8 | Wahroonga | 8.2% | 5.3% |
| 9 | Dee Why | 8.8% | 4.4% |
| 10 | Wollstonecraft | 8.9% | 5.4% |
| Source:REALas.com November 2016 |
With respect to the survey:
- it is for auctions in November 2016
- from Victoria and New South Wales
- only suburbs with 4 or more publicly available quotes and auction results were included
- the “Sold Price vs Agent Quote” is the average percentage difference between the sold price and the public agency quote
- the “Sold Price vs realAs.com” is the average percentage difference between the sold price and the realAs.com prediction
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The views and opinions expressed in this communication are those of the author and may not necessarily state or reflect those of REALas.
