Weekly Slice 58 Asking Price $700k Sold $1.2m WTF is going on? With Terry Reese & Todd Sloan

Does this story sound familiar? You wake up one morning and find the perfect property online - asking price $700K. You can't believe such a home could sell for this price in your area. You know the market is booming, so maybe it will go a little bit above the asking price, only to find out on auction day it sells for HALF A MILLION DOLLARS over the advertised price. What the hell is going on? It's not a certainty, but more than likely you've just been bait-priced.    This episode we talk about -what is bait pricing -why some agents even do it -how to spot it   Due to popular demand/1 review on itunes ;) we've made this episode with a twist and brought back big Terry Reese to interview Todd Sloan as a sales agent to find out the answer to these questions and more. Join Todd Sloan each week, to pick the brains of a different industry leader to bring you the best property content in the country.   Want more help understanding how to buy property faster and for less? Get your copy of Todd Sloan’s book today: Booktopia: https://www.booktopia.com.au/australia-s-home-buying-guide-todd-sloan/book/9780648980490.html?source=pla&zsrc=go-nz-allstock&gclid=Cj0KCQjwnJaKBhDgARIsAHmvz6f55Kw-l0pKCn0DMNj0TND2qN863sQQR56p98sXAjOUgBQSpwDDQ0waAtLsEALw_wcB Dymocks: https://www.dymocks.com.au/book/australias-home-buying-guide-by-todd-sloan-9780648980490?gclid=Cj0KCQjwnJaKBhDgARIsAHmvz6etuq25nQ2CSirN8z-UHAIshbp5MxeuD7ECMvs5Oghg2Pab34Fyl0QaAuQhEALw_wcB   YouTube Pizza & Property: https://www.youtube.com/channel/UCgXX6ibW7WEFbWkf-jslDvQ?view_as=subscriber Facebook Pizza & Property: https://www.facebook.com/Pizza-and-Property-2111096335696398/?modal=admin_todo_tour ASK YOUR LISTENER QUESTION BY VISITING THE WEBSITE BELOW  Website:  https://www.pizzaandproperty.com/   Disclaimer: All discussions are general in nature and should never be considered financial advice, please seek your own professional financial advice. The content displayed on the website, podcast and blog is the intellectual property of the Pizza and Property. You may not reuse, republish, or reprint such content without our written consent.