Why We Do Not Use Asking Prices
Real Market Value vs Marketing Noise
An asking price is not a reliable indicator of market value. We deliberately do not use it.
Most property tools rely on asking prices from listings portals. We deliberately do not.
The Problem with Asking Prices
An asking price reflects seller expectations, marketing strategy, negotiation buffer and emotional pricing bias. It is not a reliable indicator of market value.
What We Use Instead
PropTerminal prioritises:
- Completed transaction data
- Official registry records
- Historical sale comparisons
- Realised market pricing trends
This gives a true view of what the market actually pays.
Why Investors Prefer This Approach
Professional investors underwrite deals using evidence of completed transactions, not advertised expectations. We align with that standard.
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What PropTerminal Is — and Is Not