Under-quoting
nounun·der-quot·ingpronounced UN-dər-KWOHT-ing
Last reviewed 16 April 2026
What does the noun Under-quoting mean?
When a real estate agent advertises a property at a price range they know is below what the vendor is willing to accept. Illegal in all Australian states. Victoria has the most active enforcement regime, with a dedicated under-quoting task force.
How the noun Under-quoting is used
The agent listed the house at $800K–$880K but the vendor wouldn't accept anything below $950K — that's textbook under-quoting.
Synonyms
underquoting, price baiting
Related words
Cite this entry
MLA citation: "Under-quoting." How to Property, 16 Apr. 2026, https://howtoproperty.com.au/definitions/under-quoting. Accessed 30 May 2026.
Chicago citation: How to Property. "Under-quoting." Last modified April 16, 2026. https://howtoproperty.com.au/definitions/under-quoting.
APA citation: How to Property. (2026, April 16). Under-quoting. https://howtoproperty.com.au/definitions/under-quoting