Yesterday the RBA left interest rates on hold. Recently there has been much talk about an imminent rise in U.S. interest rates. The following article paints a different picture about the US economy and how they may need to hold back on raising rates. As property investors and owners interest rates are a key metric…
The property market has a number of different metrics that are helpful when trying to understand sentiment and property price behaviour. These include vacancy rates (the proportion of vacant properties), the number of properties currently on the market, trends in gross rental yield (rent divided by property value), and changes in rents paid by…
So many real estate agents are losing significant amounts of hard earned commissions. In fact for every $400,000 produced, most agents are giving away $200,000 to $280,000. Could this be your retirement? This article covers + How smart sales agents are making less sales and keeping more than branded agents + A good brand…
The state of the residential property market is always somewhat unpredictable. Booms usually go for much longer than most expect. However, when it turns it usually turns quickly. This reminds me of a quote: The trouble with the future is that it usually arrives before we are ready for it – Arnold H. Glasgow This…
Sydney property prices increase at boom pace Shares slump to 3 year lows, SWITCH? But whom do you trust? The Sydney property market is fast approaching bubble territory. This article addresses relative valuation of Sydney property and bank shares. Should investors be switching asset classes given one asset is expensive and the other cheap? This…
There are a number of existing real estate models and more emerging every day. It’s no wonder that agents get confused or even overwhelmed with choice. These are boom times and agents are under enormous pressure to get listings and make sales. Many agents just jump into a business model without too much thought about their net benefit. Many agents end up making poor…
Central Coast real estate agent Rod Ibbett has no qualms about the 19 agents, most of them franchise operators, against whom he competes. Rod is quietly confident of reaching his five-year goal of 20% market share. Rod, who moved from insurance industry consultancy work to real estate just six years ago, says his confidence is…
As a BDM for the newest business model for Successful Real Estate Agents I meet with agents on a daily bases and I am constantly surprised by the commissions they are comfortable taking home. So many agents are working very hard to be on top of their game, generating their own leads to get the…
So many successful real estate agents we speak with are exceptional sales people and focus really well.Many also work with some of the highest profile brands in the market yet they work longer and harder hours than a growing number of sales agents that are not as talented but due to working smarter, within a…
Hi, I’m Marie Barclay from Ozway Realty and I’d like to introduce you to our first clients – Steven and Emma Guymer. We sold their property at 2140 Putty Rd in Colo, so they are also our first sale. So Steve and Emma, can you tell us how many properties have you previously sold? E:…