BY Mal James 16th May 2020
How was your week? To be frank, I have really liked a lot about our Covid-19 time. There has been more time, my mind is clearer and my focus more meaningful. Relationships for me are better and I love my work even more.
Executive Summary
Its 6.00 pm Saturday – what a week
Street Auctions are back
Marketnews Multi [...]
BY Mal James 25th April 2020
Executive Summary: Improve our economic situation immediately at NO ADDITIONAL COST to governments through a property market improvement.
3 key components of actionable demand, as opposed to underlying demand where friction and barriers lie:
Belief,
Trust and
Money
3 property market lubricants – the WD-40 if you like – that will reduce friction/barriers thereby encouraging underlying demand to move to [...]
BY Mal James 18th February 2017
The James Money Bin Competition
This year we are looking at trying to help the younger members of the community, make good decisions about buying homes and we want to hear what they have to say.
you own property, own the home
We have five opportunities to give away $1,000 through out the next few months.
The aim of the [...]
BY Mal James 7th August 2016
(Our three part series from Market Insight July/August 2016)
In the beginning:
So you’ve heard about a whisper, a rumour, on the quiet just for you – nobody else knows and its come straight from your new “bestest” friend. Two of the above off markets started exactly like that for us, which we took to the client [...]
BY Mal James 6th August 2016
At 6.00 pm today the Melbourne market of late Winter has made a strong statement, with a James $M+ Clearance Rate of 88% and Bidderman a whopping 3 bidders per auction on the 25 auctions, we bid at or reported on today.
The Inner market has started out of the blocks in a hurry – based in part, on [...]
BY Mal James 30th July 2016
Hello and welcome back to James Buyer Advocates Marketnews.
A few auctions of note today on very small numbers as the market awakes from its traditional Winter auction slumber. We have covered 19 in our reporting; Bidderman was 2.4 bidders per auction and the $M+ James Clearance rate was 74% – even though a small sample, we think it’s an [...]
BY Mal James 21st September 2014
The Age. Weekly Review, James Buyer Advocates Young Homebuyer series is designed to take homebuyers through the entire homebuying process from the inside. The article series has become the biggest read online series of its type. It has been been published throughout Australia and internationally. It continues on from James Home Ratings – an industry standard in [...]
BY Mal James 7th August 2014
Off-markets and the Duck Test
On the subject of off-markets, we buy a fair number – but we reject an awful lot more than we buy.
For the inexperienced buyer, many off-markets are not what they are cracked up to be (by the agents). A number of inexperienced buyers are lured by the romance of an off-market [...]
BY Mal James 2nd August 2014
At 6.00 pm on Saturday, the James Clearance Rate for Melbourne’s $M+ property was 77% on the 26 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement, was at 2.2.
This weekend’s first run of the high end auction market after a good spell in July saw a “strongish” start on limited [...]
BY James Buyer Advocates 31st May 2014
There were mixed results last weekend, which was also a ‘Super Saturday’. Bidderman dropped to an average of 1.7 bidders per property and whilst this is not alarming (it is only the fourth weekend we have covered this year that has averaged under 2, and the other three were on lesser quality, low stock weekends), [...]
BY Mal James 15th February 2014
At 6.00pm on Saturday the James Clearance Rate for Melbourne’s $M+ property was 73% on the 26 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement, was at 2.8.
It’s good to be back and around the auction scene again. The highlight this weekend was that half the auctions we covered had three [...]
BY James Buyer Advocates 23rd February 2013
Bay View
The focus this week seems to be on whether the current interest through open houses would convert into home purchases. Agents, vendors and buyers alike have all been eager to see the results. Talking to selling agents during the week revealed quite a bit of anticipation.
According to Campbell Cooney (Hodges), there is pent-up demand [...]
BY Gina Kantzas 1st December 2012
As this is the final Marketnews for 2012, some highlights below
Most memorable auction;
3 Royal Crescent Armadale (Mark Wridgway) on 16th June 2012
With the two bidders at 50 paces, mobile phones in hand, the crowd of 80 soon took sides including some cheering of the bidders and a feeling of battle soon emerged. Auctioneer Mark Wridgway [...]
BY Mal James 13th September 2012
It’s on the market at $1,550,000, it’s sold under the hammer at auction for $1,990,000. Only it is not.
Three times this year we have bought properties for LESS than what the home either cost, was sold under the hammer or was passed-in at auction.
Hawthorn East: In the first instance we bought a home in Hawthorn [...]
BY Mal James 15th August 2010
If you feel that a win-win style will work for you; then you need to give a little to get a little before you can finalise a strategy.
Prior to starting one on one negotiations, you need a forum for pre-negotiation discussions and I much prefer a coffee to a phone line.
Naivety, experience and lack of preparation are not good prerequisites for the sorts of meetings I outline below, so if you don't feel it's you or if you have loose lips then engage a professional.
