For those of you who follow real estate prices and rely on the SOLD prices as quoted on sites such as domain.com and realestate.com, a word of warning: DON'T!! THEY ARE NOT NECESSARILY ACCURATE. I come across the occasional anomaly when searching for clients, and yesterday I found one particular large and well known local real estate agent (who shall remain nameless at this stage) who had every property I looked up (addresses provided on realestate.com) as different from the actual sales price on RPData. I actually stopped checking after the 10th property, as there wasn't one that matched! RPData get their information directly from the Valuer Generals office and generally don't put it onto their database until settlement, so their records are accurate (apart from the occasional typo!). It was disturbing, then, to find that this particular agency had "jacked up" the SOLD prices to make themselves appear better. Very worrying, indeed. One property which was proudly advertised as SOLD on realestate.com was for a whopping $170,000 MORE than what it actually sold for. Not only are practices like this misleading and deceptive to the general buying public, but also to those purchasers who are considering using agencies such as these to sell. How much easier is it going to be to convince them at a listing presentation, that they're the best agent as, according to the SOLD prices on a major website portal, they're getting better "results" than other agencies?!!!