Real Estate Exposed – The week concluding 10 July

Phil Tarrant and Tom Panos discuss the hard-hitting topics relevant to real estate that others might shy away from.

On the heels of another rate rise, the duo discuss how property owners and prospective buyers are adjusting now that mortgage payment hikes are underway. The first two RBA announcements caused a stir – but things were noticeably quieter following the July decision. Have home hunters adapted to this shifting landscape as business as usual, and if so, how should that impact an agent’s strategy?

The pair look at the ways in which auctions are impacting sales. Clearance rates may be dropping, but Tom talks through the reasons why going through with an on-street sale still has significant merit under current conditions.

They also discuss the changing traffic patterns on social media as new platforms come to the fore and real estate professionals must decide where to focus their resources.

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