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Spinning Auction Success Rates
In the property world, there’s only a tiny difference between “realty” and “reality”. But in Victoria the gap is widening.
Reiq Issues Apology – To Agents
If you go to the Real Estate Institute of Queensland (REIQ) website and type in the word apology, a message says, “No results found. Please try again.”
Auction Truth Out Of Control
A full-page report under the banner “Auction starts off with a bang” showed a photo of an “auctioneer extraordinaire” being congratulated on his “successful performance”. The person showering the congratulations was an agent.
Dollars For Horrors
One would think the aim would be to end this saga not start it again. No matter what the opinions may be, ‘the murder house’ is worth $715,000, perhaps even less as time goes on.
Battlers Released From Loan Contracts
Property wrapping is a form of loan sharking where investors (‘wrappers’) sell over-priced homes on over-inflated interest terms.
The Goldfish In The Shark Pool
Words such as honesty and trust have been replaced with misleading and false when it comes to describing Sharon Peach.
Honesty Kills Death House Sale
Back in September last year, LJ Hooker at North Ryde had no trouble selling a home that had been the scene of a gruesome triple murder. Their selling technique was simple – say nothing.
Lawyer Swims With Sharks
When we enter the world of property advisers, we know that salespeople are likely to make a hefty commission if we sign something. We expect to be bitten – at least to some extent.
More Threats Against Jenman
As a consumer advocate, I am often threatened by agents because I am trying to stop consumers from getting ripped off. But this is the first time I have been threatened because I tried to protect agents from getting ripped off.
Real Estate Advertisements
When Elder handed a prospective buyer his L J Hooker brochure, he never dreamed he would be fighting court battles for the next seven years.
Mummy’s Had A Heart Attack
Yesterday Trevor confirmed that the heart attack was genuine. Something about a mother’s leaky heart valve and her being in a lot of pain. But look, now that he’s got a response to his For-Sale sign, it’s time to talk money. After all, things are tough in Brisbane for many agents these days.
Real Estate At Christmas Party Time
“We’re interested in the property advertised for $1.5 million,” said the buyer, “Can we look at it tomorrow?”
Fair Real Estate Negotiating
Whether you are selling or buying, if you are fair and realistic, you will find the whole process far more pleasant.
Jack Weavers Finally Busted
Scottish novelist, Sir Walter Scott’s, immortal words on deception, “Ah, what a tangled web we weave when first we practice to deceive.”
From Prisoner To Real Estate Investment Adviser
There are few better examples of the farcical property regulation in this country than the case of Michael David Wilson.
Hiring An Agent In Covid-19
If you want to sell your home for a great price in these times of COVID-19, you must find a great agent. There are two stories going around about the effect
Should You Sell In Covid-19?
In these times of COVID-19, one thing is certain: Thousands of home-sellers are withdrawing from sale. In addition, thousands are delaying selling.
Covid-19 “Agents Declare War On Tenants”
For the first time in their lives, due to a disaster over which they have no control, thousands of good tenants are facing some very bad agents dishing out very bad treatment.
Covid-19. How One Agent Responds
Below is a statement sent by a real estate office, Hampton Peters Real Estate, in Burnie on Friday April 3, 2020, to its many ‘landlords’ and tenants.
Auctions Descend Into Total Farce
Even with the usual fake auction clearance rates, there was no way the industry could hide the auction disasters on the weekend.
How You Can Sell Well Despite Covid-19
Three Sydney real estate agents decided to play a round of golf last weekend. Smiles, back-slaps and hand-shakes (despite the warnings) all – around.
Real Estate Hostages
In life, there are few things worse than being stuck with people you don’t like – especially if these people have hurt and betrayed you.
Home Seller “Very Happy” To Lose $545,000
by Neil Jenman On January 21 this year (2020), Mrs Lawson, an elderly lady sold her family home in the Sydney suburb of Peakhurst for $880,000. Her agent was a discount agent called Upside Realty. Eighteen days later, on February 8, the buyer who bought Mrs Lawson’s home for $880,000 re-sold it – in the […]
How To Fire Bad Agents
Craig is a smart fellow. But he can’t believe what’s happened while trying to sell his gorgeous home in a leafy Melbourne suburb.
Beware Of Property “Experts”
2 Questions and 3 Golden Rules. by Neil Jenman Yesterday I saw an email that made my blood run cold. It was from a property identity. He was inviting consumers to listen on-line to a panel of property “experts”. The first name on the list of “experts” is someone whose clients have suffered some of […]
“Bucket Agents”
James is an agent. He’s been in the game 20 years, which means he’s caught many bad habits. Although his integrity won’t allow him to charge upfront costs.
Coronavirus And Property
How to handle fear. By Neil Jenman The most famous words about fear were probably spoken by Franklin Roosevelt during his 1932 inaugural address as US president. America was then in the grip of the worst economic depression in world history. Banks were closing, businesses were collapsing, and millions of people were losing their jobs. […]
Boom In Fake Figures
For those not good at maths, look at the weekend auction “results” from Canberra – the city many say is always awash with distortions.
7 Dirty Tricks In Real Estate
Fortunately, this trick is rare. Here’s what happens: Homeowners (usually elderly folk) who do not know the value of their home call an agent.
A Better Way To A Better Price
How not advertising can get a better result by Neil Jenman READING TIME: 3.5 mins apx Local agents said this apartment was worth “around $260,000”. When we said the owner wanted “more than $300,000” (otherwise he’d lose based on what he paid with costs), the local agents laughed. They said lots of similar apartments were […]