Jazzing up auction blues

DESPERATE real estate agents are cold-calling people pleading for them to spruik auctions to friends and family. Agents are also using jazz bands, coffee carts and champagne to lure nervous buyers in Melbourne’s struggling housing market. With the city’s clearance rate languishing at 58 per cent, agents are resorting to unconventional methods to attract interest […]

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Agents dump sellers

REAL estate agents are dumping vendors who are stubbornly holding out for ‘‘dream 2010’’ prices instead of dropping their reserve in order to wrap up a sale. With the number of properties in Melbourne at record highs and listings set to increase over the spring, agents throughout the city are telling growing numbers of vendors […]

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Mum, I need a favour

YOUNG battlers are resorting to unconventional ways to break into Melbourne’s housing market. A growing number of parents are using their own homes as security so their children don’t have to stump up a deposit. Others are buying with friends and family, renting out a room or buying an investment property to make a start. […]

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It’s a buyer’s market

BUYERS looking for family homes are in the driver’s seat this spring, as agent listings are heavy with three and four-bedroom homes for less than $500,000. With prices sliding throughout Melbourne and listings set to rise, vendors are being forced to drop their price to secure a sale. Family homes for less than $500,000 are […]

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Interest in market

MELBOURNE’S auction market has become an endurance test, with agents putting in marathon efforts to tease out bids. About 470 properties went under the hammer yesterday, and the Real Estate Institute of Victoria posted an initial clearance rate of 56 per cent. Click here for the rest of the article (Press Display Website)

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Sales still sluggish

REAL estate agents were more than happy to peddle the benefits of bricks and mortar over shares yesterday, but their efforts failed to lift the state’s clearance rate. More than 500 properties were auctioned, with the Real Estate Institute of Victoria posting an initial clearance rate of 57 per cent. Click here for the rest […]

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Top 10 selling tips from the insiders

WHAT are the best ways to give your home the edge in a buyers’ market? SELLING your home is the ultimate talent quest. Even if your home has limited “talent”, it is possible to beat competitors to a sale with excellent presentation, an original performance and a clearly communicated act. This year’s flood of homes […]

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