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 10th May 2020
This may have been the last of my regular, really long, walks for a while.
It’s 6.00 pm Saturday and what a change in outlook this week from last week.
We have moved from pause Pre-Easter, to part-time Post-Easter, to full-time from next week.
The phones are ringing again, meetings and walk through of homes are happening and [...]
BY Mal James 2nd May 2020
Walking in the weather this week was mind-clearing and I miss those mountains.
It’s 6.00 pm Saturday and it’s been a solid week with the market seemingly turning one small corner, as a few more venture back out.
Two sweet little deals over the line (Sam Rigopoulos from Jellis Craig and Mark Konishi from Belle Property), the [...]
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 April 2020
Looking to establish an industry-wide, single style online Auction platform – managed by each agent?
It’s Saturday 6.00 pm and this week felt a little more positive in the Inner Melbourne high-end property market.
Why?
We think we all know we are at a bottom in terms of activity (almost none) – so it can only be up [...]
BY Mal James 29th March 2020
It’s 6.00 pm Saturday and our week has finished a lot better than it has for many others. We genuinely feel for you out there.
Today in Inner Melbourne high-end property we are focussing on;
What has happened in the market this year
What is happening right now
Our short and longer-term futures with Inner Melbourne Property.
We will do [...]
BY Mal James 21st March 2020
The Very Strong
4 bidders – Volcano – $4,322,500 – 23 Duke Street, Kew – Walter Dodich
This was a home we were intimately involved in the sale management of from start to finish and it was brilliantly sold by Walter Dodich. He priced it well, marketed it well and auctioned it well.
Whilst it got slightly more [...]
BY Mal James 22nd February 2020
G’day and welcome to “The Opening Market 2020”. Our first 100 Auction Test for high-end Inner Melbourne homes this year. Week one of our 3-week campaign. The results were pretty clear.
You can see them below and we also kept additional stats at all auctions today, which we have decided not to evidence here as ……. [...]
BY Mal James 19th September 2019
Opinion
This is a response to Kristin Stegley’s (The Age Sep 17th) and the Age editor’s (Sep 3rd) articles. I respect their positions and I respect the opinions expressed.
However, I do not support The National Trust and Melbourne Metro Council’s heritage protection orders going onto on individual homes if the owner is in disagreement.
Background
What is [...]
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 2nd February 2019
From all recent news reports, this year is going to be a “bad one” in property.
And by definition, a “bad one” is poor quality or not as hoped for.
We’re sorry, but we just don’t see “bad”.
We see the market, as we left it in 2018, a superior quality one – more sophisticated and better for [...]
BY Mal James 11th December 2018
As of 2018 $5,000 from each Seller Advocacy job is donated to 11climbers.org. The money donated will go towards alleviating Melbourne Homelessness and increasing the number of life changing surgeries for African young people. The balance of any fees will go to James Buyer Advocates.
Giving is the most selfish thing I do – it gives [...]
BY Mal James 17th November 2018
At 6.00pm the James Clearance rate for $M+ Inner Melbourne family homes was 50% on the 26 Auctions we covered in the Pre Xmas 100 Auction test today.
James Bidderman that is, bidders per auction, was 1.2, indicating the overall market is still easing/falling in price.
Bidderman needs 2 to tango and 3 to party – 1 is the loneliest number if you’re [...]
BY Mal James 20th October 2018
We bid with another 7 bidders in a boardroom auction* last Thursday on the same day AMP predicted a 20% drop
We bid with 8 other bidders in May at a public auction in the same week there was a 9% clearance rate in Kew
6 weeks ago we fought for a client $1.5 million above the quote in a fierce bidding [...]
BY Mal James 13th October 2018
This is the first of two articles about what is really happening in our markets.
We live in exciting times in the business, in the emotion of and in the life of Melbourne Top End real estate.
Is it a dawn or is it a midnight?
Who knows but it is one of the more interesting times we have seen, [...]
