Archive for 2018

This descriptor is used by agents a lot these days. What they really mean is that we have an unusual Melbourne property market right now. The days of auction results consistently setting new price records, auction clearance rates in the heady 70’s and 80’s, and multiple bidders at almost every property are literally yesteryear. Our market…

Auctions. Usually dreaded, sometimes feared and often avoided. But when a buyer has success at auction, can they ever put it down to Tactics? Absolutely. Of course we know that some auction results are a perfect correlation with budget. A willing buyer who is prepared to fight in a price war will always have an…

Whether the property plan is a home or an investment purchase, most couples are not completely aligned. In fact, sometimes couples are so misaligned that issues can strike. Whether it be fear of debt, a disbelief in property as the most suitable asset class to tackle at the time, anxiety around the proposed price tag or concern…

Over the past week I’ve had two prospective clients ask me about the suitability of their property selections as they canvas the market for their home. My responses to both were very similar. “I don’t recommend it at all.”  My reason was all about the zoning of the property. Unlike some of my words of caution where…

Like no other real estate topic, this one gets hearts pumping and sometimes tempers frayed. So many people misunderstand the legal rules though, and in particular the relationship between the three. This is understandable, particularly given we’ve had recent changes to our Victorian legislation around how agencies can represent a price expectation on a property…