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Melbourne blue-blood agent denies underquoting allegations

Michael Bleby

A Melbourne real estate agent has been forced to deny accusations of underquoting on an Armadale property, which he describes as dilapidated with no comparable sales in the area.

Kay & Burton agent Grant Samuel on Wednesday said the 68 Rose Street house he was marketing with a price guide of $3.8 million to $4.1 million was not a case of underquoting, after buyer’s agent David Morrell and one other person lodged complaints with Consumer Affairs Victoria about what they said was a low price guide.

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Michael Bleby covers commercial and residential property, with a focus on housing and finance, construction, design & architecture. He also dabbles in the business of sport. Michael is based in Melbourne. Connect with Michael on Twitter. Email Michael at mbleby@afr.com

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    Original URL: https://www.afr.com/property/residential/melbourne-blue-blood-agent-denies-underquoting-allegations-20210301-p576vf