August Market Report 2019 - Agents telling you High Prices

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Hello &

Welcome Shane Broekman is the Sales Manager for LJ Hooker Forest and has been selling residential property in the local area for over 12 years. If you have a questions for Shane, you can contact him via; ph: 0404 044 280 e: shaneb@ljhff.com.au

Talking Real Estate with Shane Broekman

Couldn't Sell Before?

There is nothing worse than going to market with

an agent at a certain price and all you hear for the next 6 weeks is why you should reduce your asking, when it was that agent who told you the original price guide. I'll agree the market was down until March this year, but as a real estate professional it is our job to advise owners on the likely sale range before you go to market, not once you have the listing. I'm happy to report I have sold every property that I have taken to market during the downturn which started in October 2017 and I don't intend on changing that. As a local resident myself I don't see each listing as the next pay cheque, I see it as an opportunity to help other locals sell for more and the real win for me is when I am then recommended to that clients' friends and family, yet I still see agents overpricing to entice owners to sell. If you have been on the market in the last 12 to 18 months and didn't sell, now might be the perfect time to try again. We are only 6-8 weeks away from the busy Spring market and the media is certainly more positive since the election and relaxed assessment rates imposed on the lenders. Stock levels are low and buyer demand is high, so it might be worth trying another agent, another strategy and a fresh approach. Just because one agent couldn't achieve your desired goals, doesn't mean another can't, but I do believe you must do your research first by asking friends, neighbours, community groups and also compare agents on the many real estate websites available at hand.


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