A Perth homeowner hired agents to sell his house; a company they owned bought it for $705,000, their interest was disclosed six weeks later, and the homeowner later obtained an $800,000 valuation
- The issue came to light after Mr Wu became suspicious about the transaction.
- (Picture: ABC Australia)A homeowner in Australia says he may have sold his Perth property for nearly $100,000 less than its value after discovering that the real estate agents he hired to sell it were behind the company that bought it.
- Chao 'Jack' Wu sold the home for $705,000 in 2024, while a later valuation put its value at $800,000.
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- The issue came to light after Mr Wu became suspicious about the transaction.
- (Picture: ABC Australia)A homeowner in Australia says he may have sold his Perth property for nearly $100,000 less than its value after discovering that the real estate agents he hired to sell it were behind the company that bought it.
- Chao 'Jack' Wu sold the home for $705,000 in 2024, while a later valuation put its value at $800,000.
Sources: Times of India