Thinking outside the square can make or break any private sale negotiation and it is fundamentally what ultimately saves you money. More importantly it makes the deal happen. You have to always be one step ahead of the real estate agent, which in turn makes you one step closer to the owner.
Read David Morrell‘s 11 tips for negotiating private sales.
Following the Real Estate Institute of Victoria’s rebuke last week, real estate agents have expressed differing views about whether increased information transparency is a good thing for the industry.
Consumers of travel and tourism have benefited from services like TripAdvisor which provide the buyers perspective, so why are some in the real estate industry so reluctant to embrace change?
5 results the agents don’t want buyers to see
11 Kaolin Ct Blackburn North VIC
Agent $900,000 – $1,000,000 = 26% – 12% off
#realAsPredicts $1,114,000 = 2% off
More homes in Blackburn North VIC
128 Broome St Maroubra NSW
Agent $1,000,000 = 23% off
#realAsPredicts $1,167,000 = 5% off
More homes in Maroubra NSW
5 Bunya St Bushland Beach QLD
Agent $300,000 = 20% off
#realAsPredicts $344,000 = 5% off
More homes in Bushland Beach QLD
77 Porter St Parkside SA
Agent $600,000 = 14% off
#realAsPredicts $669,000 = 2% off
More homes in Parkside SA
83 Spinaway Parade Falcon WA
Agent $990,000 = 12% off
#realAsPredicts $866,000 = 1% off
More homes in Falcon WA
realAs.com predicts prices accurately and is an essential research tool for property buyers.
In the news:
- Hopes of buying a home have turned into a nightmare for a Melbourne couple who have spent months chasing properties that eventually sold for up to 50 per cent more than the original quoted price – 25pc underquoting by real estate agents ‘the new norm’
- Andrew Winter says refusing agents the right to divulge a price guide for properties to be auctioned defies common sense and could drive buyers away. Price-guide ban set to hurt Queensland real estate
Real Estate Jargon: Cash Flow – In real estate, money generated from your property.
#realAsPredicts weekend wrap
Happy house hunting.
Josh Rowe, CEO realAs.com
PS You deserve a prize! Share this post with your house hunting friends. The person with the most shares will receive a copy of David Morrell’s book Real Estate Myths Exploded.
realAs round up
Weekly news from the property industry together with unique realAs data insights. By buyers, for buyers.