Tag Archives: wynnum

Rain Sorts out the Boys from the Men

Posted on
Reply

The current wet weather reminds me of a common question I hear from Vendors. Does the rain keep Buyers away? My answer is always the same – as long as it isn’t torrential, no!

It is common knowledge open homes do attract its share of tyre kickers. Don’t get me wrong, I still feel open homes are worthwhile. I wouldn’t spend my weekends opening houses if I didn’t feel they had value. And tyre kickers have their place as they do fill out the home and give the appearance the property is attractive to the market.

What I find is rainy days tend to keep the tyre kickers away, but those who do attend, are genuinely interested in the home. If someone has seen the property on the net or in the paper, has probably already driven past and has decided this may be for them, they will still show up.

A great example is sport. People still go to the Broncos, Reds, Roar, Lions etc even if it rains. Yes the numbers will be down, but many still attend. Why? Because the genuine interest is still there. However, those with the free tickets probably won’t attend because they are not that interested – they are the tyre kickers.

Which brings up my next point. If no one shows on a wet day (not torrential) don’t accept the rain as an excuse. There are obviously underlining issues which need your immediate attention, and your Agent should be discussing these with you, long before the rain sets in.

Shawn

Car spotto for cash!

Posted on
Reply

Since I have had so many positive comments about my car lately and where people have seen it, I thought it might be fun to play a game called “Where’s Shawny!” There is a reward so read on.

Here’s how its going to work:

Each week I will nominate a one hour time slot on a random day via Twitter and Facebook to spot my car.  If you are the FIRST to text me on 0411 532 333, with where you saw my car and a photo of my car at that location, I will send you $40.00. As a bonus I will make it $50.00 if you add yourself in the photo.  Please be safe whilst doing it!

Have fun, score a couple of rock lobsters or even a pineapple,Shawn!

T’s & C’s:To participate you must be willing to allow me to release your first name and the winning photo on my Webpage and Social Media.  Mainly just so I can announce a winner to all other players!

Obviously I will contact the winners to obtain details on where to send the cash, your details will remain confidential.

As they always say, the judges decision (mine) is final, and no correspondence will be entered into.

Remember this is meant to be fun people!

I have seen a definite change in the market

Posted on
Reply

I have seen a definite change in the market over the last several months.

Being at the grass roots level, I am increasingly hearing Buyers complain there is less and less ‘decent’ properties out there. The Buyer’s perception of a decent house is a quality home which is priced right (not necessarily priced cheap).  Most Buyers understand they need to meet the Market just as much as Vendors do.

Since around November 2011, I have noticed many more genuine buyers are proactively looking for properties. This may seem contradictory to what is often touted as a ‘bad’ market, but I feel one needs to look deeper than a sweeping statement.

Certainly prices have reduced from their peak, but what continues to keep the Market going is the fact there are still plenty of Buyers purchasing, and this activity has certainly increased recently. This may be contributed in part to the recent rate drops, but certainly in speaking with people, there appears to be a growth in confidence in the Market.

The perception of a slow Market is mostly created by Vendors over pricing property which results in these properties remaining untouched. The general public see these homes sitting for months on end or hear of the high average Days on Market (DOM) and perceive it is a bad market. It’s not.

Misinformation (whether incorrect perception or inflated opinions from Agents to win favour), is one of the main reasons I take the time to send my clients Sales Reports quarterly, which are factual, unbiased and uncensored. These are available free by clicking the following link: CLICK HERE

As I deal in this transparent manner, my Clients enter the Market realistically and are attractive to those Buyers ready to purchase immediately. No opportunities are lost. This is illustrated by the fact my average Days on Market for the past 6 months is 17.44 days. (This is days taken from the date of listing to the date of the Contract). The market average is approximately 90 days (depending on the source, some quote much higher).

Remember too that the Media tend to report off figures which have a lag time of several months. Whether they glean these figures from RP Data, PDS Live or another source, the sales prices often don’t show for several months and so this information is behind the market. In reality, unless there are massive swings in the market, this lag will have little effect, but I do find talking with those in the Market today is the best indicator of the level of confidence in real time.

All in all, this increase in Buyer confidence is great to see. If this can be sustained, we should see a turning of the Market for the better.

Shawn

Always nice to get great feedback!

Posted on
Reply

Shawn

I would like to thank you for your commitment to me as your client in treating me as a person and not a “possible commission”.

You spent much time with me in explaining the ‘ins” and “outs” of buying and selling and what it meant for me as a potential buyer and seller.  I applaud your honesty and commitment to me.

I have bought and sold houses numerous times prior to our connection and can honestly say that I came to have no respect for Real Estate personnel.  You have certainly changed my perception.

Kind regards

Carmel M. – Birkdale