About 8 years ago when you placed a house on the market for sale one of the documents required was an official valuation done by a registered valuer which of course gave intending buyers a $ valuation of the property.
Houses sometimes sold over the value or under the value depending on supply and demand
So there was none of the rubbish that we have in NSW or Vic of price ranges which have no resemblence to the price that the owners want, the price that the property sells for or the value of the property.
Homes should be required by law to have a specific sale price that the owner will accept and from something I read once an agent is not allowed to a advertise or offer the property for sale at a price lower than the owner will accept which must be specified on the agents authority
