Protecting Buyers from Underquoting: How hovr Empowers Smarter Decisions
Underquoting is a widespread and illegal practice in Australia where real estate agents advertise properties at prices significantly below what the seller will accept, luring buyers to auctions they often cannot afford. Despite state regulations and penalties, underquoting persists due to high demand, competitive pressures, and limited enforcement. Independent valuations, like those offered by hovr, empower buyers with reliable market data, helping them avoid disappointment and make informed dec