Doesn't matter if you hold onto your property, these 'drop in...

Doesn't matter if you hold onto your property, these 'drop in the ocean' discounters will help lower the value of your property without your consent.

"Around 75 per cent of properties sold by private treaty in the last quarter of 2018 were settled for less than the original asking price, Core Logic data shows.

The heavy discounting is prevalent in almost all capital cities, where the median discount sits at 6.3 per cent: the worst figure since 2009. While regional markets are still weak, they are performing better at, with a 5.2 per cent discount."

https://www.theaustralian.com.au/business/time-to-get-real-property-sellers-told-as-discounting-bites/news-story/fa36727bdf400797dc355ef8741a4e96