It Can't Be All That Bad!

Deaths, marriage break‑ups, sickness, financial difficulty - these are just some of the reasons people sell their homes.  Statistics put selling or moving house as one of the most stressful times in a person’s life.  There are so many emotions involved and when you mix everything together, you appreciate how important it is for an agent to have the utmost respect and understanding of the situation, whilst being empathic to the client’s needs.  There certainly are some great agents out there who have the ability to deal with difficult situations; all you have to do is find one that will work with you and who understands where you are coming from. 

A Flinders Parade property recently sold under the hammer for $2.1m and locals were not happy about the result.  The sellers didn’t have to accept the price presented on the day, but they did!  Like all sellers, when an agent presents an offer, they have the opportunity to decide whether to accept, reject or make a counter offer.  Ultimately, the final decision is up to the seller, after all it is their home.  However, most of the time the first offer is usually the best one.  Obviously a number of factors need to be taken into consideration and every situation is different. 

Our local market is showing approximately a 50% decrease in homes on the market for sale within the 4017 postcode.  This decline has, however, been slowly building for about 2 years now so this market is not new to us.  If you would like an update on the market or any real estate advice or assistance, please don’t hesitate to call us on 3269 1555.

Did You Know?

Builders (those born before 1946) known as the war babies and the next generation, Boomers (1946-1964), had the highest birth rate recorded, hence their name.  Next came Gen X (1965-1981), better known as the cultural and highly educated generation.  I can hear the moans and groans now but think about all the advancements we enjoy today!  Next is Gen Y (1982-1994) – the spenders with their heads down and butts down (sorry).  They are the ones accountable for our technology.  Following on is Gen Z (1995-2009) who are responsible for the lowest birth rate ever!  Well that tells you something!  And now we move into Alpha who have basically just started school. 

Why do I tell you this?  Australians per capita have the most gadgets and mobile devices in the world.  We are sponges and have a thirst for technology, knowledge and learning, and from this we grow.  Each and every generation that has come before us has left some kind of impression on what we have today.  The individual entrepreneurs of the future have just started to form. 

However, there is one thing that will not change and that is COMMUNICATION!   An open conversation.  Facebook, Twitter and other forms of social media will always be around, and regardless of what future generations bring to the table, communication and listening will always be best form of communication. 

The property market is no different as we evolve just like our future generations.  We are a ‘people’ industry so we are subject to constant change – we just have to learn to adapt to whatever comes our way.  That’s what makes life interesting.  If you need up to date real estate advice or assistance, please don’t hesitate to call us on 3269 1555.