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5 Comments

  1. Linda Pankhurst
    August 3, 2019 @ 5:35 pm

    Thank you for the information on Auctions : )
    We are in the Blue Mountains and tried to sell our home last year (through McGarth R.E.)
    We had one silly offer and many open homes without even one “show” … and after 158 days on the market, we took it off.
    We think we are ready to sell again, but are pretty nervous and do not trust many agents.
    The agent that we thought was pretty good on the Mountain (Belle) recommends we go to auction because of our “history” …
    After reading your story on Auctions, this has reinforced my feelings about actions.
    What to do?
    Kind regards Linda

    Reply

  2. Bernadette Wiese
    August 7, 2019 @ 8:15 pm

    What do you think of selling a block of land using the “BuyMyPlace” method?

    Reply

  3. John Elmgreen
    August 21, 2019 @ 12:33 pm

    Hi Neil, Re agents, I heartily agree with your comment that what you are paying your agent for primarily is his negotiating skills. Often hard to assess, but that is what you want.

    Reply

  4. Megan
    August 23, 2019 @ 10:25 pm

    What kinds of questions would you suggest we ask, or research we should do, to find out if an agent is a good negotiator? If you ask about their approach the answer is often that they don’t want to give away their “secrets” so wont say, or quite commonly just to criticise the other agents in the area, without saying anything specific about their own skills. I chose an agent in the past because of the way she had behaved and negotiated when we bought from her earlier, but otherwise its hard to get an indication of their negotiation skills. Looking at past sales and statistics for example doesn’t tell an inexperienced reader whether they were good prices or not.

    Reply

  5. seller
    April 19, 2020 @ 12:31 pm

    In 2003 a certain property sold for $300k. At 3% commission that’s $9,000.

    Today it’s likely to sell for $900k. At 3% commission that’s $27,000.

    Even allowing for inflation that’s about double the effective commission from back then.

    Could you please explain how this is justified? Thanks.

    Reply

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