Most vendors spend more energy negotiating the the agent commission than they spend evaluating whether the agent can actually negotiate on their behalf.That focus is natural. Real estate agent fees are the most visible line item in a property sale. Expressed as a percentage of a number that does not yet exist, commission feels like the one … Read More
Most homeowners who invite three agents to appraise their property expect the numbers to be close. They are rarely close. A difference of $30,000 to $50,000 between the lowest and highest appraisal on the same property is common. A difference of $80,000 or more is not unusual. And all three agents, when pressed, can produce a rationale that sounds … Read More
Most vendors spend more energy negotiating the the agent commission than they spend evaluating whether the agent can actually negotiate on their behalf.That response is understandable. Commission is the most visible cost in a property sale. Because it is tied to a sale price that has not yet been determined, it becomes the easiest number to… Read More
Three agents. Same property. Appraisals that differ by $40,000 to $60,000. It happens more often than vendors expect, and when it does the instinct is to assume someone is wrong. Usually no one is. Appraisal is interpretation, and interpretation produces a range of legitimate conclusions from the same evidence.This is the moment that confus… Read More
Investors comparing Adelaide outer suburbs against established inner and middle ring markets tend to use the same analytical framework across both. Median trend, rental yield, entry price, comparable growth rates. The framework is not wrong. The problem is that land-release suburbs operate under a fundamentally different supply dynamic - and applyi… Read More