Market News » tough market


The Winter of Waiting?

BY Mal James 16th June 2012

The Winter of Waiting?
At 6pm on Saturday, the James Clearance Rate for $M+ was 45% on the 29 auctions we attended, showing cooler market sentiment on low stock levels. The Weekly Review Bidderman, our demand indicator, was 1.4 bidders per auction, which was a rise on the figure before the long weekend – although it didn’t feel like [...]
Like a good boy scout – be prepared.

Like a good boy scout – be prepared.

BY Mal James 16th September 2010

There’s been a bit of press about DIY homebuying of late. I was reading the Consumer Affairs piece in last Saturday’s Herald Sun where buyers were advised to get a pest and building inspection and then use it to negotiate price.
Are Buyer Agents becoming the new market black?

Are Buyer Agents becoming the new market black?

BY Mal James 6th December 2008

At 5pm Saturday, it was a fair bit of the same old, same old. One home in 14 actually sold at auction, one just after and two before, with a 24% clearance rate for million-dollar homes. For the rest, we await further news, after they failed to sell at auction. Please note that [...]
More $1million dollar plus homes are passing in than selling

More $1million dollar plus homes are passing in than selling

BY Grant Atkinson 30th August 2008

This is our first attempt to get our auction results up live on a Saturday so please understand there will be properties that have since sold – it is now our intention to get results up live Saturday and then review all pass-ins on a Monday. Of the 23 auctions the James [...]
Auctions attended this week

Auctions attended this week

BY Adam Woledge 12th July 2008

7 Peter Street, South Yarra This property had genuine WOW – designed, built and occupied by an architect. The homes of architects (in which they design) are interesting. Views are considered, natural light is captured and spaces appear larger than what they really are. Quality of [...]
Last hurrah before winter sets in for auctions after next week!

Last hurrah before winter sets in for auctions after next week!

15th June 2013

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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...

BY Mal James

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...

BY Mal James

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”...

BY Mal James

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!...

BY Mal James

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 ...

BY Mal James

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 ...

BY Mal James

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...

BY Mal James

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...

BY Mal James

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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