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This weekly report is for Port Phillip and Bayside home buyers and owners who want to stay informed on the variance between agent price and actual results. It's the most comprehensive and up-to-date reporting available.

Note: Click the address to view the listing. Click the price history to view the archived Statements of Information.

1. THE MARKET PULSE

Expert commentary on auctions

2. THE PRICE DROP & RESCHEDULE

79 Thompson St South Melbourne

Advertised 4 Feb $1,700,000 - $1,800,000.

Revised 27 Feb $1,600,000 - $1,700,000.

Rescheduled to 14 Mar.

Land 127m2

Max Mercuri. Jellis Craig

3. THE UNDER QUOTE TRAP

261 Danks St Middle Park

Advertised 13 Nov $2,750,000 - $2,950,000

Revised 20 November $3,000,000 - $3,200,000

Revised 5 Dec $3,000,000 - $3,300,000

Passed in Vendor Bid $3,100,000 No bids.

Revised 9 Dec $3,400,000

Revised 20 Jan $3,350,000

Land 154m2

Simon Caruthers. Marshall White

4. THE $3,3000 QUESTION

If you are about to buy a property are you relying on the selling agents advice?

If you hadbought 261 Danks St you likely paid too much.

5. THE PROMISE

If you don't feel my report gave you at least $10,000 worth of value in your first month, let me know. I won't just refund you—I will give you a complimentary 1-on-1 strategy session to personally review your target property.

NB This information is not financial advice