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
Home owners
have started to accept the
change in property prices and see the benefits of a softer market. • Upsizing is cheaper in a soft market rather than in a rising market • Buying and selling in a soft market at the same time has more certainty than a rising market • Property prices are all relevant in the same market and better to judge in a soft market Now more than ever, homeowners need to engage experience over cheap fees and free marketing. How low will local agents go until they end up like Purple Bricks who recently announced their exit from the Australian market? The fact is, agent commissions are geared to get a better outcome for the owner, which in turn achieves a better outcome for the agent. So why cheap fees?
If an agent is threatened by the skills of another agent, they often drop their fee to compete as they are unable to compete on sales process or negotiation strength. But if they give away their money that fast, wont they give away your money just as quick?
Buyers
are now seeing value with properties
on the market and their confidence is increasing. This means more offers are being made and the stability of the market is not far away, if not here already. I believe the day of 'a bargain' ended in March 2019 and fair value is being paid now. It's also interesting to note more buyers are being approved as banks understand what they can and can't lend with the new findings.
