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Agent Underquoting & Patrick Dangerfield?

Agent Underquoting & Patrick Dangerfield?
Let’s look at Underquoting and Patrick Dangerfield – both have been in the news lately. This week I read an article, it was on underquoting. It worried me where it was going – it read like a showbiz article and not like what we have been seeing with Underquoting since May. We are seeing that agents have collectively, made massive [...]
State of the Market – May 2017 – Opinion

State of the Market – May 2017 – Opinion

What is the market really doing? We get asked this question daily so we decided to conduct a 3-Week, 100 Auction Report challenge during the month of May. Well, there were no surprises! All three measurements showed that the Inner Melbourne market is in what we call “boom times”, but now, since 2008, increasingly what we call [...]
Our bumper pre-winter issue – so much great info!

Our bumper pre-winter issue – so much great info!

This week in James Market News: (click on contents) 1. Market Commentary 2. May 3-Week Auction Challenge – Results are in… 3. Bayside and Inner East Auction Action 4. 2017 James Half Year Summary 5. Land Prices – 2010 – 2017 6. Negotiation Corner – Narrowed Focus 7. Inside James – and Off Markets 8. Younger Homebuyers – [...]
More chance of a rise than a fall ……………

More chance of a rise than a fall ……………

It was a quiet-ish day today on market – off market is a different story – the auction biggies for May starting in numbers the week after next. At that time we will be focusing on James Bidderman (for any movement in demand) and any drop off from overseas buyers. Has all the talk of late begun to bite? This [...]
New Year’s Resolution – Be Smart on the Deal!

New Year’s Resolution – Be Smart on the Deal!

We were out and about again today – this time with Gina. It took time to find parking at all Open for Inspections as there were plenty of buyers window shopping – yes, all February auctions are online, but also most schools have started back this week too. The next 2 weeks should see March listings hit [...]
Welcome to 2017 – Back on the hustings today

Welcome to 2017 – Back on the hustings today

Clockwise visits today – no substitute for foot leather, listening, looking and listening again. 1st Slide Clockwise from top left: Malvern East:$2.5m?  – little cutie – no, not the agent John Manton – the house. Good crowds at the OFI. Hawthorn: $4m? Off -Market or Pre-Market? – good family home. Crowds – Only one! Armadale: $4m? Nice one – listening [...]
How to buy a Top End home well – it’s different!

How to buy a Top End home well – it’s different!

INTRODUCTION If I told you buying a home at the Top End is more about trust than money, would you believe me? Maybe, maybe not. Well this is a story about 3 homes involving strategy, dealmaking and truths at the Top of the Top End. Towers Road, Toorak (Marcus Chiminello) Bought 2016: James Home Rating 942/1000 Kooyongkoot Road, Hawthorn (Ross Savas / Jeremy [...]
Making Beautiful Decisions

Making Beautiful Decisions

Beautiful Decisions – Buy/Sell Welcome to our final series for the year – over the next three weeks we will try to highlight just how much is added to your life with beautiful decisions. This final 2016 series is about getting the most out of buying and selling a home via a beautiful decision. We are splitting the series [...]
Struggling to see the sense in only considering land + build? Me too!

Struggling to see the sense in only considering land + build? Me too!

Big day today for auctions and, despite the fact that this year we are dealing in more properties away from auction than at auction – as a company we were involved in nine today – I’m zonked. We could not cover as wide a cross section of auctions (only 20) as it was all hands on [...]
What is really happening!

What is really happening!

Rock solid… Prices have flattened out over the past 12 months, which means buyers and sellers have a stable environment to transact at the moment. Tim Heavyside I reckon the market is patchy. There is a nervousness about it. A bit like the start of a marathon race. Buyers are lining up ready to go but are [...]
Understand the effect “Chinese Buyers” have on your market and learn strategies to deal with it

Understand the effect “Chinese Buyers” have on your market and learn strategies to deal with it

    The Chinese Phenomenon – Case Studies References: 1) Here is a link to a sample of 500 (Five hundred) homes we have bought recently – you decide if we are qualified to make the comments we are making http://www.james.net.au/homeratings/houses_bought.php?token=LJbnmFauW3 2) Here is a link to the 5000 (Five thousand) auctions we have reported on – you decide if we [...]
Young Homebuyers Issues & Solutions

Young Homebuyers Issues & Solutions

年轻购房者的问题和解决方案 Young Homebuyers Issues & Solutions James 市场总结 James Market Summary * 在惯例的七月冬季,墨尔本房产市场拍卖数量刮起了一股下降之风。看一下右方我们拍卖房产的图表—-很多人正开始暂停拍卖。 * 竞标者数量今天有所下降,然而房产质量本月有明显松动。 * 流拍较我们近期看到的要多,这是房产质量征兆的一部分,这同样也反应了卖主预期与市场博弈的情况。 * 在我们参加的27场拍卖中,81%的拍卖有2-6位竞标者,只要市场按这个力度走,这是个非常非常坚实的结果。 * 总的来讲,我们今天看到的,不多。市场的成交在心理上受到了媒体讨论的影响(这并不是抱怨——我们需要有这种讨论),虽然过一个周末长假,房产质量有所降低,但还是有了坚实的结果。 * 另外,欢迎回到James市场新闻(本周与下周将是大专题)。欢迎年轻的购房者在下两周分享我们的专题文章,然后在7月份学校假期期间市场新闻会暂停,James购房中介仍对客户开放。 The Inner Melbourne Market is beginning its wind down into the traditional July Winter break. Look at our forward auction stock graphs to the right – most are beginning to shut up shop. Bidderman was down today, however stock quality has also noticeably eased this [...]
Young Homebuyers Issues & Solutions

Young Homebuyers Issues & Solutions

James Market Summary The Inner Melbourne Market is beginning its wind down into the traditional July Winter break. Look at our forward auction stock graphs to the right – most are beginning to shut up shop. Bidderman was down today, however stock quality has also noticeably eased this month. More pass-ins than we have seen for a while, which is [...]
The New Normal

The New Normal

James now Smartphone Optimised for easier reading – click horizontal bars in top left hand corner of  iPhone James Market Summary 6.00 pm Saturday May 23rd $M+ Clearance Rate 79% (29 auctions) Bidderman 2.4 Ducks 10% Lone Rangers 14% Norms 48% Volcanoes 28% $M+ Market remained very strong. Significant drop in Bidderman – Is today a statistical anomaly or market easing or indeed simply more buyers placing more [...]
Volcanoes are changing the landscape – as they do!

Volcanoes are changing the landscape – as they do!

James now Smartphone Optimised for easier reading – click horizontal bars top left hand corner of Iphone $1 million dollars more: So what do you do when across the road – same land size and same house sells late in 2014 for $1,900,000 – why you pay $1 million dollars more when Asian buyers duke it out to [...]

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