Million Dollar Agent
Million Dollar Agent
John McGrath, Tom Panos & Troy Malcolm
Heated Debate on Underquoting: What’s Legal, What’s Not | Tim McKibbin, CEO of REINSW
59 minutes Posted Aug 12, 2025 at 8:00 am.
Introducing Tim McGibbon
The Problem with Underquoting
Do Agents Get Better Prices by Underquoting?
Price Guide Rules and Legal Requirements
Vendor Expectations vs Estimated Selling Price
Adjusting Price Guides During Campaigns
Industry Solutions and Future Regulations
Final Thoughts on Price Transparency
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Send us Fan Mail Underquoting in real estate remains a persistent challenge despite years of legislative attempts to address it, with the REINSW CEO, Tim McKibbin, joining John McGrath and Tom Panos to unpack the legal and ethical dimensions of property price guides. The discussion explores whether underquoting actually benefits vendors or merely creates disappointed buyers who waste time and money. • The offence of underquoting is representing a price that's less than the agent's estimated ...