AGENT IN REAL TROUBLE.
Rumours are swirling around the industry that Australia’s number one agent is in big trouble. Staff walkout. Client complaints. Authorities investigating. So many agents claim that title, it could be any of many. Top agent often means bottom ethics. 😡
The truth is closer to half their claim.
AUCTION “RESULTS”
12/10/24
Sydney
1,052 Auctions; 401 Sold
Claimed Clearance 64%
Truth 38%
Melbourne
1,066 Auctions; 439 Sold
Claimed Clearance 60%
Truth 41%
Brisbane
160 Auctions; 42 Sold
Claimed Clearance 48%
Truth 26%
Subscribers to the Jenman website will receive this article tomorrow. How some buyers are now cashing-in on the stupidity of agents and the naivety of their sellers. Profits of a million dollars or more are becoming common. Read about it tomorrow. Subscribe now.
TRUTHFUL AUCTION RESULTS
Saturday April 20, 2024
Total Auctions: 1,559
Total Sold: 690
Truthful Clearance Rate: 44%
Claimed Clearance Rate released to Australian public: 66%
The real estate industry is riddled with deception. It needs a Royal Commission.
Auction clearance rates in Melbourne on Grand Final Day. 30/9/23.
124 auctions held. Just 35 sold. Still, that’s a reported “clearance rate” of 52%.
No, it’s not the grog or the distraction of the footy. Auction clearance rates are always fudged. Always.
TYPICAL HIDDEN SHORT-SELL.
This is what happens at most public property auctions!
This Melbourne home recently (13/5) sold at auction for $2,020,000.
Buyer was willing to pay $2.3 million.
Agent lists his skill as “negotiation”.
Horrific news: One of my best friends just died, suddenly. Worst shock of my life. I’m grief stricken, numb.
THOMAS MAISSEN from Klosters, thank you for the years of happiness you gave me and others. Such a good and decent man. I love you.
Du bist für immer in meinem Herzen ❤️
In case you know anyone doing it tough with interest rate rises. Don’t succumb immediately to pressure to sell - especially fear tactics used by some agents. This article may help.
https://t.co/PRHsaQs0ci
How do you have an auction if you’ve only got one buyer??
Think on that.
Agents who say auction is the best way to sell - actually mean the best for the agent. Not the sellers. Auction is the worst way to sell.