Auction or Tender, Price or No Price?
I was in a listing presentation last night and I was the third agent in. There was a lot of discussion around two key points, the price that could be achieved and the method of sale. The previous agents had argued extensively for their particular point of view. One strongly favoured no price and an aggressive Auction, while another was pushing the virtues of a fixed price sale with a tender s...
APRA finally makes changes to lending.
Today, the Australian Prudential Regulation Authority (APRA) has confirmed that it will proceed to adjust the mortgage serviceability assessments and remove its 7 per cent interest requirement. Financial institutions will instead be required to set the standard affordability measure at 2.5% above the loans variable interest rate. With many loans now offering rates around 3.5% interest this cou...
The Hive?
There’s change afoot within the real estate industry and it leaves many agents in a quandary. There is so much being written and talked about that often agents are just left scratching their heads trying to decide what moves they should make next and what the next few years may look like for them. I have an opinion, a theory if you like, of where our industry is headed. Many talk of dis...
Latest Media Article in Elite Agent Magazine.
Last week, our Director David Stewart was featured in Elite Agent Magazine talking about Market Buy, our award winning Online Offer Management System. We have now passed 800 accounts around Australia and New Zealand and our growth shows no signs of abating any time soon. Read the full article here. For our local home owners, Market Buy offers an unrivalled opportunity to ensure that you get t...
Real Estate in the Digital Age Done right
Here's a story.There was a house in Queensland that received an offer on Monday. Some back and forth and a couple of buyers saw the price progressively rise.On Friday night one buyer met the counter offer of the Owners and the sale went On the Market.Another offer followed and then another offer.The agents, in the meantime were enjoying their lives. One was rocking out at the Regurgit...
It's Time for the Next Evolution of Marketing.
We are going to run an experiment. Over the last few years we have all seen the explosion of social media and it now permeates almost every aspect of our lives. It has many, many applications and businesses are only just beginning to learn how to use it in their day to day mix of marketing. Some do it very well and, lets face it, some are just appalling, but that’s true of most things in...
realestate.com.au Name MSP as top 3 Finalists.
Yep, we have done it again! We are changing the industry one agent at a time. We have just been named as one of 3 Finalists by property website realestate.com.au for our innovative Offer Management process known as Market Buy. This software allows agents to provide easy access for buyers to make offers on real estate from any internet capable device. We have just ticked over 700 agents ...
REIV Finalists in 2 Categories!
We are excited and proud to announce that we have been named as a finalist in two categories for 2018 in the REIV Awards for Excellence. These categories are: - Small Residential Agency of the Year. This recognises our contribution to the overall real estate industry. In the last 12 months we have conducted in excess of 200 training sessions with agents comprising online, in office, seminar ...