Hi,
Just sharing my experience with one of the property agent, not sure if this is normal.

So, I posted my property for sale in mudah, at the lowest asking price. If you sort by price, then this ad will come as first

Then 2 hours later, got one agent msg me, whether I ok to sell at 20% lower, he got buyer. I said already got buyer viewing at my current price

Later, I found out that the agent actually posted in mudah too, about 2 hours after my post, he posted same property with 20% lower than my price.

He still msg me whether I want to sell my current unit or not

Does it actually post with low price without any unit in hand just to attract buyer?

yes. this is their 'normal' practice.

Bait and hook, very normal practice ... even iN other industry...
When some1 call the agent, he can either
- still bring the person to visit ur unit, if the person like it, the agent further discuss with u on the price
- say the 20% lower unit is sold out, refer another unit

oh what a bad practice.

Find that agent's REN code and report kao him!

Crazy agent manyak pattern

Not just buy/sale ad they do that, even for rental listing also got copy and paste with lower practice to fish prospects away. Had to report to listing platform to remove these annoying people.

If you see a snake and a property agent, you better kill the property agent first.

Yup, just jot down the agent, contact and REN number

Report to the website / platform; then report to the company

If want to take further step, report to REN issuing association

Normal lah

If you ask your friend call that agent about this unit, he will said it sold out or waiting loan approval, the current buyer profile not so strong that might be loan reject

Last time i aim one unit during MCO time, the selling price very attractive, but agent said it is under loan progress, until today that unit still hanging "for sale" banner, the owner never let go with low price, actually he want to sell higher than market price.

This post has been edited by chainyong: Aug 9 2024, 10:11 AM

Just curious, how do you know he does not have other units on hand? He might have and he's sourcing for more "inventory"... the agent most likely have a buyer with a budget 20% below your selling price

This kind of agents I've met before, took my unit's photos and reposted on mudah even though I posted my unit there first. I made a complain to the platform to have that post removed.

OTOH, there are also owners playing a fool to try to gauge their unit's market price by listing it but in the end refusing to sell it even though asking price is acceptable to the buyer. Wasting other people's time and effort.

I met few of this kind of agents when I wanted to sell my old house last time

To me they just want to earn com with easiest and fastest way, sit there, post with lower price, buyer took the bait then he bring them come to view and sign booking form to close deal. All these at the loss of seller.

If you are not in hurry to sell, just text him and say you now decline his help, pls discontinue the post from his end. Althouy he won't do that.

One of the worst agent I met was he kept maintaining the post, and harass me by saying he got ready buyer to buy with that 20% lower price until I block him. So he spending few hundred a mth to maintain that advertisement.

In the end, sincere agent from same agency help me sold with 25% higher than the funny proposed price from that useless agent.

And I found that young agents are mostly useless, sit there rely on advertising only. 3 agents from the biggest agency are the best, and really understanding on the surrounding of my area

it's normal...

some waterfish call the agent.

then spin says already sold. got another unit available at little higher price...

Many unethical agents around

Seriously need to report all of them yo...

All trying to get easy money only

Why waste time playing their game ?

Seller control the selling price !

No earthquake can move the seller if he is firm.

Problem is now new vped project owner mcm x da otak , agent say what then what ,, then you’ll see funny pricing in prop portal 🤣

I know dealing with developer staff is safer than dealing with agent, but developer staff also might resign one day, same as the case I’m in.

Any advise on who I should seek help if I need any? Other developer staff will not help much since they did not get any commission for this.

what help do you need? it is not common for the buyer to contact the developer staff again after purchase.

This is quite normal, you can complaint to Mudah

you can seek developer staff for help.