Real estate agent denies underquoting after Sydney unit exceeds price guide by more than $1m

Real estate agent denies underquoting after Sydney unit exceeds price guide by more than $1m

A Sydney real estate agent has rejected accusations of underquoting after he sold an apartment for more than $1 million above the price guide he had provided prospective buyers.

Christophe Serrao from Raine and Horne Double Bay received a barrage of criticism from keyboard warriors when a tiny studio in North Bondi with breathtaking beach views fetched $2.32 million at auction in January.

Buyers feared the same scenario would play out in Serrao's marketing of two more units he's selling in the same block.

"I think it's a little unfair, because that was just a very big price," Serrao told A Current Affair's Steve Marshall when he dropped into the open home unannounced for a chat.

"I can only facilitate offers to come through to the vendors."

Watch the full video in the player above.

By A Current Affair Staff