Every day, buyers are being re-rated which means they may have less purchasing power.
This is the message you need to send to your current and future vendors to get your existing stock sold and to fast-track sellers onto the market.
And for the record, I've been harping on about this for the last 3 months 😛
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To access the training on The ‘Re-Rated Buyer’ call to fast-track sellers in The Changing Market Series, login to your Real Estate Gym
I’ve had multiple agents say to me lately that they want to leave real estate.Â
They're not getting the listings, they're not making the sales, and it's becoming all too hard.Â
If this is you, listen to me carefully…Â
Before you decide to throw in the towel, let’s sit back and let's have a serious chat.
Because a listings shortage is NOT your real problem. Â
How will this impact everyday Australians with variable home loans?Â
Please Share thisÂ
My Clearance Rate: 7/10 sold
Interest rates have had their impact.
And I don’t know how this is going to play out…
My final Clearance Rate: 9/10 SOLD
We were right in the middle of absolute turmoil...Â
Clearance rates plummeted, buyers weren't pulling the trigger, and prices were dropping.
Then, all of a sudden, BANG! Prices start going up.Â
It defies logic. How is it possible? We've had 10 rate rises in a row.Â
On Tuesday there's a chance that there might not be a rate rise. There's no decision that's been made.Â
What would I do right now if I was the seller? I'd put my home on the market. There's not a lot of stock. There's not a lot of stock. You'll get good money.
My Clearance Rate today: 7/8 SOLD
My clearance rate: 6/6
My final Clearance Rate: 5/8 SOLD
*Apologies for not sounding like my usual self. Still recovering from deviated septum surgery.Â
The market is showing strong signs of recovery.
The rest of Australia is expected to follow in 6 months.
Some of my properties have sold for hundreds of thousands over reserve.
My clearance rate: 6/8 SOLD
The market shifted in November 2022. It's bottomed, and it's moving up - especially in Sydney.Â
Here is my advice for buyers and sellers in this market.Â
How to have your properties sold in this market.
And yes, I’m still confident we’ve surpassed the bottom of the real estate market.
Prices are better now than they were last year.
 My Clearance Rate today: 7/11 SOLDÂ
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