Real Estate Articles Keep yourself informed in real estate. Discover what agents don't tell you.
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 […]
A BLOCK ON THE BEST PRICE
It was a simple concept, buy a block of four apartments and find four charming couples to renovate them. Then, sell each apartment by auction
“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 […]
DON’T BE “SHORT-SOLD”
7 STEPS TO SELLING FOR THE BEST PRICE by Jim Grigoriou author of the soon-to-be released book, ‘The Real Estate Short Sell’ READING TIME: APX 8 minutes Most properties are short-sold. Despite what agents say, I have done the research, I know the terrible truth: Most home sellers lose tens of thousands of dollars because […]
WHEN “CONDITIONING” IS ESSENTIAL
How to avoid it and get a better price. by Neil Jenman READING TIME: Apx 7 minutes If you’re a home seller, you should understand why agents use a method called “conditioning”. Let’s imagine you are a real estate agent. Imagine you are ‘pitching’ to sellers. You know these facts: The sellers must sell. Their […]
9 Reasons Auctions Get Lower Prices
Homesellers tempted to auction their homes should remember four words: AUCTIONS GET LOWER PRICES.
How a Zookeper Discovered his Home was Worth $300,000 More.
Recently, someone asked John a personal question: What’s your home worth?
8 Reasons To Consider A Jenman Approved Agent When Selling A Property
You will receive a guarantee that the selling price you are quoted will be honest and accurate.
Another Auction Failure – Dave Hughes Admits He Would Have Paid More!
Early this week we discovered that comedian Dave Hughes was the mystery buyer behind the winners of The Block. But, he has now admitted that he would have paid more!
The Myth of Choosing a ‘Big Agency’
“You can’t sell a secret you know.” This is a line given by thousands of agents to thousands of home-sellers in order to persuade sellers to splash out more and more money advertising their homes. The theory goes like that the more places you advertise your home, the more buyers you reach.
Open Inspections
Opening your home for public inspection is one of the worst mistakes you can make. It is always a financial mistake, but it can also be your worst emotional mistake.
How Agents Get Free Advertising.
“Well. Who’s paying for the ads then” I asked, “Tell me, will you?!” He leaned across the table and gave me the cheekiest smile and said, “The vendors.”
How to Know the True Value of Your Home
There is one excellent way to know what your home is truly worth: Before you call an agent, call a valuer.
Avoiding Bait Pricing
Price Ranges are ‘Bait’ strategies which use a false low price to attract buyers. The Price Range method comes in a variety of names – By Negotiation; Offers Above; Price Guide. They are all similar and they all undersell your home.
Discover How Homesellers are Being Duped Millions in Advertising
Home-sellers are being duped into spending millions of dollars on unnecessary real estate advertising through a system known as Vendor Pays Advertising, (VPA).
How to Interview Agents
Always interview at least two agents. (The only exception is if one agent is highly recommended by people whose opinion you respect).
What Most Agents Really Cost You
A common question that budding home-sellers ask agents is: “How much do you charge?”
How to Choose an Agent
When you are thinking about selling, you are the most wanted person in real estate. Every agent wants to be the chosen agent who ‘lists’ your home.
Why You Should Consider Selling Your House Without A Real Estate Agent
Would we be better off selling our homes privately, or should we be going into the real estate game?
Rent to Buy Schemes are Dangerous Scams
Home ownership, that great Australian Dream, is harder than ever before. Across the nation, tens of thousands of families are locked-out of homes they can never afford to buy.
