BY Mal James 4th May 2019
G’day
Mal James here. I wrote this piece as I wanted to. I have written about how I feel in this market and I’m not asking you to feel the same way.
So it’s ok to switch off now rather than wade through my mud, but there are some sprinkles of gold in here by the way!
Life is good
I love what [...]
BY Mal James 1st September 2018
The market has changed and so have we at James Advocates.
When 67% of homes are not selling at an auction.
When you spend $30,000 on advertising for a failed auction and all that’s achieved is
you’ve told everybody what your home is not worth.
When the market has changed but your selling agent hasn’t, isn’t it time to [...]
BY Mal James 11th August 2018
Price has become such an interesting concept in this market.
There feels to be an overall lack of trust and comfort with regards to what price to pay – so whilst many things are different between the market of now (eg still some volcano auctions, 6 bidders sub $2m at 18 Barkly St, Brighton, Alex Schiavo) [...]
BY Mal James 2nd March 2018
Week One:
Value is not a number, it is a feeling.
Price has no emotion, no conjecture, it’s factual.
Price is not value and value is not price.
I buy a number of family homes for people – perhaps more than anybody else in Melbourne, perhaps not – and at some point in the client and buyer advocate discussion [...]
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 17th December 2016
Beautiful Decisions – Buy/Sell
Welcome to our final series for the year – over the next three weeks we will try to highlight just how much is added to your life with beautiful decisions.
This final 2016 series is about getting the most out of buying and selling a home via a beautiful decision.
We are splitting the series [...]
BY Mal James 12th November 2016
Its 6.00pm Saturday and the James Clearance rate for $M+ Inner Melbourne is 88% on the 26 Auctions we covered today.
James Bidderman, that is, bidders per auction, is 2.8.
Super Strong.
Big numbers of bought befores and look at the Volcanoes 48%. That means every second auction had 4 or more bidders and how about this; there were 15 bidders [...]
BY Mal James 22nd October 2016
Welcome to our 3 Part Series on Negotiation
Part 1 – Negotiation Noise
Part 2 – What’s Really Important in a Negotiation
Part 3 – How to Negotiate Well
Hey you, what would you know about negotiation?
You’re reading this article because you’re desperate to pick up a free morsel from me; the master, who has already beaten over a [...]
BY Mal James 10th September 2016
Its 6.00pm Saturday and the James Clearance rate for $M+ Inner Melbourne was a very solid 83% on the 29 Auctions we bid at or reported on today.
James Bidderman, that is bidders per auction, was a little light on compared to recent weeks at 2.1 bidders per auction and there were a large number of bought before [...]
BY Mal James 19th August 2016
At 6pm the James $M+ Auction Clearance Rate was 83% on the 29 auctions we reported and bid on today.
James Bidderman continues to be very strong at 2.8 bidders per auction. The homes today seemed to be either bought before or under the hammer with volcanic bidding (4+ bidders).
In fact just on 50% of the auctions we reported [...]
BY Mal James 26th May 2016
The overall market felt stronger today, at the end of May, than it did at the start.
We felt the market was drifting at the start and in the middle of May, but today the market was clear – price direction was strong.
Bidderman depth on the 26 A and B grade auctions we covered today was [...]
BY Mal James 20th June 2015
6.00pm Saturday June 20th – Mid Term Report
Market is in wind down mode re new stock, as most good agents are beginning to break for winter school holidays. Next week is the last serious week of auctions, until early spring.
Any market read on any winds of change, won’t be meaningful until September, when larger numbers [...]
BY Mal James 16th May 2015
James now Smartphone Optimised for easier reading – click horizontal bars top left hand corner of Iphone
$1 million dollars more: So what do you do when across the road – same land size and same house sells late in 2014 for $1,900,000 – why you pay $1 million dollars more when Asian buyers duke it out to [...]
BY Mal James 9th May 2015
At 6.00 pm on Saturday, the James Clearance Rate for Melbourne’s $M+ property was 93% on the 29 auctions we covered. The James Bidderman, our bidders per auction measurement was at 3.2.
Overall Summary of Melbourne’s Million Dollar-Plus Auctions:
Ducks ($M+ auctions with no bidders) 7%
Lone Rangers ($M+ auctions with one bidder) 11%
Norms ($M+ auctions with 2 [...]
BY Mal James 18th April 2015
At 6.00 pm on Saturday, the James Clearance Rate for Melbourne’s $M+ property was 72% on the 18 auctions we covered. James Bidderman, our bidders per auction measurement was 3.1.
Market Summary – Market News Lite Version
There have been auction interruptions all April due to three of the four Saturdays being attached to holidays – two past with Easter [...]