As your portfolio grows so too will your knowledge and skill in areas such as property selection and negotiation. The interviews in this area feature the experiences of people who buy and sell property every day. Most people will only ever do this a few times in their entire life. Learn of the experience of others.
Business closures, a rapidly rising unemployment level and a plummeting share market have been the immediate major impacts of the unprecedented government measures put in place in March to stop the spread of the coronavirus. The property market will not escape either according to Josh Masters. Continue reading The Good and Bad of Government Measures
Agents have noticed a dynamic shift between agents and their clients, as they transact properties in the current climate according to McGrath CEO Geoff Lucas. Continue reading Agents behaving differently
Don’t miss out our highlights on Real Estate Talk this week. Agents behaving differently The good and bad of Government measures Making the most of ‘work at home’ Investors still active in NZ From classroom to strategy teacher #RealEstateTalk #RealEstateTalkPlus #Coronavirus #WorkFromHome #ActiveInvestor #NewZealand #Mentor Continue reading Strategy teacher, Agents behaving differently, and Active investors in NZ
Seller discounting increases Listing numbers fall by 30% Auction numbers fall further Last week Last week, a total of 1,922 homes were scheduled to go to auction across the combined capital cities, returning a final auction clearance rate of 30.2%; once again surpassing the previous week as the lowest on record for CoreLogic. Of the 440 properties reported as being sold across the capital cities, … Continue reading Market continues to slow
This week’s episode of REC Uncensored gives you the scripts and strategies you need to continue to keep your business strong, even when you’re quarantined due to COVID-19. Here’s what Bernice and Greg will be covering: Agents are still conducting open houses, but mostly by appointment or virtually. Your old prospecting scripts and strategies need a facelift to deal with COVID-19. Greg has an entirely … Continue reading How to prospect in a COVID-19 environment
National residential property listings increased in March but properties that have been on the market for between 30 to 60 days surged by 74%, suggesting sales activity is slowing offering buyers more choices. Louis Christopher has crunched the numbers. Continue reading Buyers Get More Choice as Sellers Seek an Exit
This week we are pleased to welcome Valerie Torelli, the top-producing agent in Costa Mesa for over 30 years. Her firm, Torelli Realty, has also been the top producing firm against the likes of Berkshire Hathaway, Coldwell Banker, Compass, KW, and RE/MAX. Valerie’s son lives in Italy just a few miles from the epicenter of the COVID-19 pandemic. She realized what was coming and started … Continue reading How to Survive the COVID-19 Downturn
4.2 million working Australians were living hand to mouth well before the coronavirus crisis. Now, with potentially millions without savings and facing unemployment in the wake of the shutdowns, will the Government’s cash handouts get struggling Aussies through the crisis? Helen Baker from Money has some sound advice if that sounds like your situation. Continue reading Are Cash Handouts Going To Be Enough?
This week Herron Todd White launched their ‘Contactless Inspection Tool’ allowing valuers to work more remotely but there are questions about its accuracy. Drew Hendrey believes that have that covered. Continue reading Arm’s Length Valuations
Withdrawn properties weight down results Auction bans spook the market Low consumer confidence shows through This week, 1,848 capital city homes were scheduled for auction; a substantial rise on the number of homes scheduled for auction last week, returning a preliminary clearance rate of 39.1%. Of the 356 properties that did report a sold result, 64% sold prior to the auction date. According to initial … Continue reading Sellers Continue to Withdraw
