The market is as hot as this time last year. There were only 16 less sales this year than the third weekend of February last year. It is only the method that varies. There were 117 more private sales last week than the corresponding week last year, according to REIV figures. Although everyone is talking […]
The autumn selling season is under way and it has hit “home runs” for the vendors in the first real week of result reports. Whilst there were only 246 auctions with a clearance rate of 70% there were over 600 private sales reported by the REIV. Looking at the auction numbers coming up in the […]
Our condolences go out to all those who have lost family, friends and homes in the most devastating fires ever seen in this country. Personally I would like to thank the tireless volunteers who have saved countless more lives. These selfless volunteers, some of whom have lost their own homes, continued to work for the […]
February is already upon us and we have just completed our busiest month for new enquiries since I have been a buyer advocate. First home buyers, first time investors, people who are upsizing their properties are all out and about looking for bargains. During this same time all my conversations with Real Estate Agents have […]
We are looking forward to an early start to the autumn selling season. There are now quite a few properties scheduled for auction on February 14. This is substantially earlier than usual. We are still inundated with enquiries from first home buyers and investors wanting to enter the market place as it is a very […]
Whilst the papers are full of which selling system is better, Auction or Private Sale, I think Enzo Raimondo’s comment in The Age “The market is a buyers’ market and having a skilled buyer’s agent working for you will help to get you the best deal" is far more relevant. To buy good property in […]
Welcome to the New Year. I hope you each had an enjoyable and fulfilling break. Whilst last year ended in a flurry, usually January builds up at a very slow and gradual pace. 2009 is not going to be an ordinary year. We have had a huge influx of enquiries and have already negotiated several […]
With the spring season drawing to a close we have seen the “clearance rate” climb to 57%. Private sales picked up to 635 for the week and this is the figure that we will be watching throughout 2009. I have been saying for months, the “clearance rate” is an obsolete statistic. Agents have finally worked […]
Total sales stayed above 1000 again this week and the clearance rate was up by 4%. Anxiety runs hot around the holidays and any properties that are still on the market after next weekend will struggle to sell this year. There are about 700 auctions booked for next weekend and only about 200 for the […]
If you read the “Gloom and Doom” printed in the media yesterday, then you may not have noticed that 1157 properties sold last week. This is the best result since April this year. Real Estate Agents are beginning to understand that Auctions are only good advertising for their agencies, not for the vendors’ property price. […]
