u/kengriffeygigantism

Went to an auction where there was a comment by the auctioneer about a buyer not being ready, then an immediate vendor bid ($100k below the listed guide) and then it wrapped up straight away.

I got the impression nobody was even registered, so why would they do a vendor bid against nobody and then pass it in immediately? Does this change how its reported, or can they now say to buyers it passed in with bids at $X to show they won't go that low?

Cheers

Or a 1967. Or a 1996.

There's still hope. Even more recently a 2017.

How has peoples experience been with pricing estimations on their home before sale?

We just had one estimate, which is on the optimistic end of our expectations. Just want to know how accurate your experience is with them previously?

Is there any metric which tracks the average house value and household income ratio over time?

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I.e. I would expect 20 years ago a household income of 50% would equal a house around 50% value, and top 5% income to top 10% home or so. And that metric would likely be becoming wider now. Where a top 5% household income relates to a top X% house value. (Higher than 20 years ago)

I've seen the GWMs, Tasman X Pro and Denza have done it. Any of the major players like Ford or Triton, Hilux, Dmax etc.?