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Catch a falling star

Catch a falling star
At 6pm on Saturday, the James $M+ Clearance Rate was 44% across the 25 auctions we attended. The Weekly Review Bidderman was 1.4 bidders per auction. Market Summary The market continues to be unexciting in terms of stock levels. There were only 40 or so $M+ auctions this weekend in Inner East and Bayside, when 70 is a [...]
The Truth about BOOM! Suburbs

The Truth about BOOM! Suburbs

There is always a great deal of talk about “Boom” suburbs! The media love it, some so-called property experts love it, and it is a hot topic at dinner parties. “Where are property prices going to BOOM next? ” The word “boom” creates a buzz and gets everyone’s attention Unfortunately, a ” boom suburb ” can be like a [...]
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Intuition alone is not a great basis for good homebuying decisions!

INTUITION ALONE IS NOT A GREAT BASIS FOR GOOD HOME...

So the Melbourne Market has started hot and the pressure is on to make a decision and make it quick. There’s a home! Buy it! – Deal done! – Phe...

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2012 Annual Awards

2012 ANNUAL AWARDS...

Here are our awards for 2012. Our criteria is that we must have dealt with the agent several times in 2012 and that we look at things from a buyer...

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The 6 Auction “Majors”

THE 6 AUCTION “MAJORS”...

Published in the Weekly Review It attracts more anticipation than a Grand Final, and a bigger array of stars than the Cup Carnival. And the results ar...

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Underquoting and the whole Spring Buyer Shebang!

UNDERQUOTING AND THE WHOLE SPRING BUYER SHEBANG!...

As we go into our Footy Induced/ School Holiday Auction Activity Hibernation we thought we would look at the key issues facing buyers’ right now in ...

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To some “Bank Vals” are important, to others not so!

TO SOME “BANK VALS” ARE IMPORTANT, TO ...

Upper end home values in general and Bayside in particular are being “raked over the coals” by the banks at the moment – not to put too fine a p...

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Step (Under/Over + Skilled) Quoting – Black or Noble Art?

STEP (UNDER/OVER + SKILLED) QUOTING – BLACK ...

First Published September 2011 – republished September 2012: Agent Step Quoting is a contentious part of our industry: It’s how selling agent...

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Sold Under the Hammer. No its not, even when you think it is.

SOLD UNDER THE HAMMER. NO ITS NOT, EVEN WHEN YOU T...

It’s on the market at $1,550,000, it’s sold under the hammer at auction for $1,990,000. Only it is not. Three times this year we have bought prope...

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We discuss Auction Buyer Errors with Glenn Ridge on myMP

WE DISCUSS AUCTION BUYER ERRORS WITH GLENN RIDGE O...

Mal James joins Glenn Ridge to discuss emotional buyer errors at recent auctions. You can read the full story here (click here) on what happened at 8...

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