As states attempt to tackle underquoting, new data reveals fewer than 4% of real estate agents are listing homes within 3% of the final sale price, with properties selling for more than $100,000 above the price guide in several parts of the country.
Analysis looking at all published price guides for residential sales in the six months to April, compiled by the property data app Homer, has revealed that across all capital cities, the typical above-guide sale overshoots by 4-9%, while the typical below-guide sale undershoots by only 3-5%.
