Chasing other agents' expired listings is often the best way to get a listing sold quickly.Â
But, to get your commission, you need to know how to protect your position as the outgoing or the incoming agent:
Jared Zak is the Principal Solicitor of Dott & Crossitt and has more than 15 years of experience in law and finance.Â
*DISCLAIMER: The information provided in this video is general in nature only and for education purposes. The information provided does not constitute as personal legal advice. Tom Panos Pty Ltd does not accept any liability for any decisions made based on the information provided. Tom Panos Pty Ltd strongly encourages you to seek professional legal advice to discuss your personal circumstances.
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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