Marketnews Archives

What else determines your price? Right now, maybe your number one influence on your market price is not in the home or the market but in your attitude, patience and flexibility.

Today’s Opening Market reinforced what many in the industry thought has been happening since Cup Day 2021 – the market is easing, as demand drops, as buyer urgency decreases.

However, 2022 is no different to any other year. It’s about good and bad outcomes, from good and bad decisions and decisions start with the fundamental 3P’s and a good or bad process around 3 key questions.

The market right now feels not so much volatile, but capricious.

For those who can’t be bothered googling – volatile is all over the place but with a probable negative ending, whereas capricious means equally unpredictable however no ending bias towards the negative or positive.

For some of us balance is on a knifes edge, atop a mountain ridge, a high wire act – for others our balance can be on a wide platform, a valley floor, with a large safety net. The difference is clarity of purpose and a supple mind.

October the Clearance Rates were in the 90’s. December they are in the 60’s. Market change.

October the Clearance Rates were in the 90’s. December they are in the 60’s. Market change.

Unstuck
When it’s not working and there is a solution you need to get unstuck.

When you’re buying and continually missing, don’t know where to start or you’re only looking at a small part of the on-market, you need to get unstuck.

When you’re selling and it’s not selling and your only plan is to find someone who will agree with you, you need to get unstuck.

For 20 years our work has come from word of mouth referrals
We have always said thank you via community donations
This year to date November 2021
$153,592

Last week we talked about The Ask (the agent quote) – a much under-rated tool in the seller’s kitbag. This week overlaying the Mentone record below, we have repeated the article (You Can’t Handle the Truth) and evidenced (full pre, during and post auction reports) where the Mentone quote was used effectively, legally and with full transparency.