Real Estate Articles Keep yourself informed in real estate. Discover what agents don't tell you.
“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 […]
How Sellers Can Take Control
Use yesterday’s idea to get a great result today. by Neil Jenman READING TIME: 4.5 minutes apx Many of the today’s agents who hurl abuse at me, say I am “stuck in the 1980s” – the decade I opened my real estate office. No, I often reply, I am stuck in the 1970s or before. […]
How Much Are ‘Typical’ Agents Worth?
by Neil Jenman How much do you earn per hour? Forty dollars? Fifty dollars? If you’re a cleaner, your rate is $26.61 per hour. If you’re a lawyer, maybe $300 per hour. So, how much are you thinking of paying a typical agent to sell your house? How does $500 an hour sound? Enough? What […]
Insist On Risk-Free Selling
by Neil Jenman Reading Time: 4 mins apx Risk is part of owning a business. If you own a fruit shop, unsold fruit goes stale and needs to be thrown out. If you have a restaurant, the same applies with food. Risk is everywhere in business. It’s the price of great rewards in future profits. […]
The massive “Hidden Cost” of selling your home
by Neil Jenman The auction was over. The agent was beaming. The sellers looked like many sellers at the end of an auction – as if they’d been slapped around by Conor McGregor. The buyers had a silent smirk – having come prepared to pay $1.4 million, they bought this gorgeous home in Sydney’s south […]
Warning to Home Sellers
Although most home sellers under-sell their homes, it doesn’t have to happen to you. If you follow the Jenman Golden Rule for Selling in 2020, you’ll be headed for three huge benefits most sellers never receive.
Real Estate in the Holiday Season
You hear it everywhere: December and January are quiet months in real estate. It’s holiday season. Some agents say you shouldn’t even bother to buy or sell!
Help for the Elderly… Don’t sell if you don’t want to sell!
Elderly folk are the saddest and most reluctant home sellers in our society. I believe all of us have a duty, where humanly possible, to help the elderly keep their homes, not sell them.
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.
Murder for Sale
Overseas, they are called ‘Stigma Homes’, where something terrible has happened in the past, usually a murder. Stigma homes – or ‘Murder Homes’ as they seem to be called in Australia – can be hard to sell – as at least one irate home-owner in Melbourne is discovering.
How Auctions Kill the Highest Price
What you are about to read contains information that should be read by every homeseller contemplating selling by the public auction method. It contains simple and logical mathematical proof that selling by public auction is, by far, the worst way to sell a family home.
The Lying Game
Anyone who gets involved in the property market – whether as a seller, a buyer, (and even an agent), has probably wondered why so many people tell so many lies.
What is the Jenman symbol?
It is an ancient Moorish symbol which is supposed to bring good luck and ward off the evil eye. In about 1880, Robert Ormond Maugham (one of the founders of the British Law Society), brought it back from a trip to Africa.
Ethics in Investing
“Anyone who says money doesn’t cause happiness is either a liar or a loser,” yelled the guru. His audience laughed as one. It was ten minutes since he bounded onto the stage, but the guru already had them seduced.
Ethics in Real Estate
In 1943, a 69 year old writer, W Somerset Maugham, published an essay on Virtue. He said most people accept the importance of the virtues of integrity and self-sacrifice, but this is not enough to weigh against the powerful motives of self-interest.
Ethical Concerns for Australian and New Zealand Real Estate
Real estate consumers are losing millions of dollars due to the lack of ethics in real estate. It is a national disgrace in both Australia & New Zealand. And it is time it stopped.