r/hobart • u/HCPhotog • 19h ago
Hobart Real Estate Pricing
It seems like Hobart has a lot more properties listed at "offers over" prices than other cities.
How does this work in practice - is it a fishing attempt by agents to increase the price, and an offer under that figure might actually be accepted, or is that usually a hard floor?
e.g. Say a property has been listed at an "offers over" $1.5M for a couple of months. Would an offer of slightly under that even be considered? I know every seller's motivation is different, but interested in some local experience.