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Real estate agent reveals how to find price property guide online when it is POA or contact agent

Real estate agent reveals her hack to get a get price of a property online when no price is listed on the website

  • Scanning properties online can be frustrating for buyers when no price is listed
  • An energetic country Victoria real estate agent helps out in a viral TikTok video
  • She remind followers recent law means all ads must contain an agent price guide

A country Victorian real estate agent has revealed how to work out what a home for sale might cost – even when the listing tries to hide it.

Sammi Russo, a self-described ‘high-energy’ real estate agent from the tiny Victorian town of Nagambie, has posted a TikTok showing how to find vital price information when the agent doesn’t include it in the headline of a property listing.

‘This is such a great question. What if the property does not have a price listed, if it’s POA, price-on-application, or contact agent?’ Ms Russo says excitedly in the clip, which has gone viral.

Nagambie real estate agent Sammi Russo shared a viral TikTok aimed at helping house hunters to find the likely price even when the agent is being elusive about it the listing

Nagambie real estate agent Sammi Russo shared a viral TikTok aimed at helping house hunters to find the likely price even when the agent is being elusive about it the listing

‘Well as the new under-quoting law came in you must also supply a Statement of Information.’

‘This statement include three comparable properties justifying the price range  and it also has the price range. I will show you where to find this.

Ms Russo shows viewers a realestate.com.au listing to view an example – one of her own.

‘If you scroll all the way down to the bottom, right before the contact box you should see statement of information.’

‘So if you click that it will bring you up to this statement which will include the property price, the median price, also three comparable sale price properties.’

The Statement of Information she refers to has been mandated by Consumer Affairs Victoria since 2019.

In 2019 the Victorian government revised under-quoting laws forcing agents to compare properties more accurately by considering the property and land size in advertising. 

Ms Russo has gained a following on TikTok sharing anecdotes and useful consumer information for people interested in the property market.

Ms Russo has gained a following on TikTok sharing anecdotes and useful consumer information for people interested in the property market.

Ms Russo has gained a following on TikTok sharing anecdotes and useful consumer information for people interested in the property market.

Before the law changed, agents weren’t required to provide comparable properties.

That created a loophole that some agents exploited by comparing homes that were not actually similar so the price guide was often unrealistically low. 

The false price guides invariably lured prospective buyers who didn’t realise that agents needed to force the offer up to meet the vendor’s expectations.

New South Wales also recently changed its laws to try and reduce under-quoting by requiring agents to keep price estimates reasonable, up-to-date, and based on evidence. Similar guidelines exist in most states and territories.

Ms Russo has gained a following on TikTok sharing anecdotes and useful consumer information for people interested in the property market. 

You can see where to find the 'Statement of information' box  (highlighted above) in this  screenshot from a for sale listing in St Kilda on realestate.com.au

You can see where to find the 'Statement of information' box  (highlighted above) in this  screenshot from a for sale listing in St Kilda on realestate.com.au

You can see where to find the ‘Statement of information’ box  (highlighted above) in this  screenshot from a for sale listing in St Kilda on realestate.com.au


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bourbiza

Bourbiza Mohamed. Writer and Political Discourse Analysis.

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