Posts

Showing posts with the label agents

"Depressed" agents panic as homebuyers demand collapses

Image
“Australasia’s #1 real estate coach and coach” Tom Panos, is “stressed” after “almost no buyers” at the Sydney auction on Saturday. I am STRESSED We have almost NO buyers. However I still think vendors should sell now, here’s why… Plus, John McGrath told me that 25 economists across Australia agree on this – the #real estate market will get worse before it gets better. https://t.co/fv4Hvrt1K5 — TOM PANOS (@tompanos) 9 July 2022 According to Panos: “I have six auctions today. Of the six I sold one out of six … And the only one that sold was the last. So I’m zero out of five until the auction I did this afternoon at 15.30… The first five auctions were pretty pathetic. Almost the only people there were agents and vendors… I barely had anyone signed up all day”… “People have turned around and thought to themselves, this [interest rate rises] to be really scary out there as a buyer, of which I think there must be some of them”… “This is the deal. If the Reserve Bank wants proof… tak

Potential home buyers of The Block are given a peek with one of the 'HELICOPTERING at clients' agents

Image
Block 2022 contestants put down their tools at 9 a.m. on the Sunday leading up to the event’s premiere and auction date. And according to the Sunday Herald Sun, potential buyers including series regular Danny Wallis have glimpsed the property over the past week. The publication understands one agent even ‘flyed a prospective client’s helicopter for a preliminary inspection’ of a home, while mega-buyer Danny drove from Melbourne to Gisborne South in Victoria state to browse properties. Potential buyers of The Block home have been peeked, with one agent even ‘HELICOPTERING at the client for initial inspection’, a new report claimed on Sunday. Photo: Block 2022 Situs site Danny, a Melbourne-based IT entrepreneur with a reported net worth of $120 million, bought not one but three homes on The Block last year for a total of $12.2 million. The eccentric fortune kept his winnings, having bought three homes at auction in 2020 for nearly $12 million. Danny also bought Mitch and Mark’s ho