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How some real estate agents hoodwink vendors

Real estate agents came under renewed fire in 2021 as the perennial issue of underquoting reared its head again. Many buyers felt they were being misled by agents capitalising on frenzied demand and fear of missing out (FOMO), as prices surged across the country.

Real estate agent presenting modern house
Choosing the right agent is a crucial component when selling your property. Photo: Shutterstock

Real estate agents came under renewed fire in 2021 as the perennial issue of underquoting reared its head again. Many buyers felt they were being misled by agents capitalising on frenzied demand and fear of missing out (FOMO), as prices surged across the country.

However, today I want to look at agents from a vendor's perspective. 

Estate-agent bashing is an easy and populist sport. Although it pains me to jump in as well, to follow are a few w…