Sellers Continue to Withdraw

Withdrawn properties weight down results Auction bans spook the market Low consumer confidence shows through This week, 1,848 capital city homes were scheduled for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

How PropCalc Works and Where To Get It?

For those fortunate enough to be considering purchasing property, it’s more important than ever to understand your financial position. Brad Beer believes that despite record low interest rates, the challenging economic climate and current coronavirus outbreak are causing strain on many households so it’s essential to crunch the numbers and do your research before buying.     Continue reading How PropCalc Works and Where To Get It?

2M Aussies Living In Very Close Quarters

Coronavirus is having a huge impact on the affairs of apartment blocks and strata communities as more people voluntarily self-isolate and work from home.  The pandemic has made high-density living harder.  Strata Community Association President Andrew Chambers says strata communities have to get on top of the health and safety requirements.   Continue reading 2M Aussies Living In Very Close Quarters

Strata Communities at Great Risk, Valuers’ Answer to the Virus, and Millions with No Fallback

Don’t miss out our highlights on Real Estate Talk this week. 2M Aussies living in very close quarters How PropCalc works and where to get it Arm’s length valuations Are cash handouts going to be enough? Buyers get more choice as sellers seek an exit #RealEstateTalk #RealEstateTalkPlus #Coronavirus #Strata #Sellers #Buyers #Listings #Remotework Continue reading Strata Communities at Great Risk, Valuers’ Answer to the Virus, and Millions with No Fallback

Clearance Rates Fall as Expected

Sellers continue to withdraw Vendor discounting spreads nationwide Hobart ‘time to sell’ lowest nationwide  Last week Preliminary auction clearance rate drops below 30% over the Easter long weekend as withdrawn auctions rise to comprise 57% of all reported results This week and weekend This week despite ongoing restrictions around on-site auctions and inspections amid COVID-19, the number of homes scheduled to go to auction is … Continue reading Clearance Rates Fall as Expected

Go for the Close

You have done a really great job during your listing appointment, the sellers really liked the services you were offering to get their property sold, and you definitely connected with them well. You’re ready to put the “Just Listed” sign in the yard when they say, “We’re interviewing other agents.” What can you do to meet this and other seller objections so that you are … Continue reading Go for the Close

Bushy Martin (John Martin) – The Risk of a Loan Repayment Holiday

Sometimes what looks like the best solution is anything but.  A loan repayment holiday could impact your credit rating according to Bushy Martin.  He says there are better options and they should be explored first.   Continue reading Bushy Martin (John Martin) – The Risk of a Loan Repayment Holiday

Stop Exchanging Your Time for Money

This week we’re pleased to welcome Jessica Peterson whose joins us with a great session that addresses one of the most common ways agents undermine both their productivity and their personal lives—exchanging your time for money. Here’s what she will be covering: Why you need a big “Why” How to create a “Wow” life. The reason setting clear boundaries is essential. How to save up … Continue reading Stop Exchanging Your Time for Money

Mike Day – Covid-19 Will Shape Future Communities

COVID-19 is challenging many conventions within urban development across the globe.   Urban Planner Mike Day says this crisis will spur governments, urban planners and developers to think more seriously about creating more healthy, resilient, self-sufficient, attainable and liveable communities in 2021 and beyond.   Continue reading Mike Day – Covid-19 Will Shape Future Communities

Simon Pressley – Property Price Growth Will Lead Recovery

Just as it did with past crisis, the adverse economic impact from this coronavirus health crisis will begin its rebound with a real estate surge before anything else.  That is according to Simon Pressley from Propertyology.   Residential real estate is the one thing which is common to 25.5 million Australians. After all, shelter is an essential commodity.   Continue reading Simon Pressley – Property Price Growth Will Lead Recovery