Categories for Rant

Median price myth- How much is my house worth?

April 8, 2019

I was recently talking to a valuer friend Keith Barry recently about the current market and the ways many sellers and buyers (and agents) view the market and perceive values. It was a fascinating conversation. After we had it, we came up with a brand new measure we have agreed is a better and more accurate way of establishing a value of a property over...

Why it pays to move in a down market?

February 25, 2019

Why it pays to move in a down market? We often hear of sellers or potential sellers wanting to wait for markets to recover, or for prices to hit some pre-determined number desired or required before they move. We have been hearing that on and off for over ten years since the GFC of 2008. Imaging putting your life on hold waiting for a market...

The Risks of Overpricing

April 3, 2017

We see it all the time… Properties come onto the market, at what an agent or an owner thinks it is worth. An asking price or strategy is set. SCENARIO ONE: The market thinks it is a little high; it sits there a long time. Either the price comes down, or worse, doesn’t and as time rolls on the perception is that the property is...