Being able to know how much a house is sold by a person you personally know can be quite fascinating. Having a grasp on the sold price of a property, you’ll understand how much they have gained from it or even be curious as to how they will use the funds for their future investments or personal dwellings. Perhaps, from the point of view of a stranger or someone who just wants to beep right under your noses, it can be quite entertaining to know at which selling point your property is sold. However, to a few sellers, it can be quite unsettling.
If you’re an individual selling a house, it might be common for everyone to know how much you’re selling a house, or better yet, how much you sold it for. Still, when our property is sold, there comes a point where you just want to keep things confidential between you and the buyer. Just as celebrities and known individuals, we want to keep things between ourselves, to avoid getting questions as to why we sold a property at a certain selling price – we just want everything to be kept between the folder as much as possible.
Oftentimes, an off-market transaction goes public online. In most cases, the property selling price is disclosed on online platforms such as Google, and people are less likely to go through a hassle just to know a property’s value. Consequently, in an era where everything is accessible, real estate or property owners don’t want to publicize sold prices. All the more, from the buyer’s view, they also don’t want people to know how much they have bought the property as well.
Ultimate point – can you keep the sold prices undisclosed to the public? – Well, the answer can be a yes or no.
Agents
Agents are there to help you with selling and lending a hand on the aftersales of a property. They may publicize the selling value of a house to attract more customers and have a discussion with them, and they may sell it at a price that is viewable to the public. Once the property is sold, you can ask them to keep the sold price secret, or have an agreement with them to have at least the sold property be viewed as sold in an “undisclosed sum”. Nevertheless, there are still other platforms that they can’t control, and they can only do less to keep the sold price under the wraps.
Websites
While websites are there to help you when selling a house, they can be a wrecking ball in disclosing the prices of sold homes. For example, realestate.com.au, propertydata.com.au, domain.com.au, and many more, give prices of sold houses online. Which, you can also reach out to such websites to ensure that prices are not particularly disclosed, but it is with the sites’ prerogative to grant your request or not. Nonetheless, while your agents can help these sites by disclosing prices and even the name of the owner, some regions are legally entitled to do otherwise. In Australia and Adelaide, agents must give the sold prices of homes as non-personal information, which everyone can gain access to – this is hereby collected on behalf of the Valuation Services.
Therefore, you may have such information undisclosed, but the internet provides anyone with everything – anything posted online can have a copy, and a sold property can easily be seen by everyone. While there is less you can do, perhaps, you must start with your agent; they’re the first in line to post a sold property’s value, and it would be best to contact and give them a heads up beforehand to have that sold property’s price be away from the internet.
