This blog post outlines important features of a declining property market. An understanding of the current market dynamics will provide property buyers with the opportunity:   DON’T BELIEVE THE MYTH ABOUT LOW STOCK Contrary to popular belief, there is plenty of high-quality property on the market at the moment. The confusion arises because many sellers…

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buyers advocacy

Melbourne’s softening real estate market has put the spotlight on Melbourne’s obsession with Auctions. Unlike the rest of the world, the default position for Melbourne’s real estate agents is to sell the property by Auction. However, there is often a huge difference in selling price between auctioning a property with a real estate agent and using…

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Vendor Advocacy - Auction Property

Property prices across Melbourne have weakened for an 8th consecutive month, putting an end to the 5-year property boom. So how should you respond to such news if you are planning to sell your property? Jim McDonald, the owner of JMAC Vendor Advocacy, doesn’t mince his words: Vendors need to be very careful. These are…

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Brighton East is peeking out from Brighton’s shadow and property prices are attractive. It has an emblematic colour – and it’s not blue but green. Large swathes of parkland give it decidedly bucolic character and make it a magnet for families. In the 19th century, it was the home of the market gardens and farms, and…

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Property Advocate Melbourne

Melbourne’s cooling property market has put the heat on real estate agents and seen vendor advocacy usage rates soar. In this post, we’ll explain why many sellers are questioning the relationship with real estate agents, and choose to use vendor advocates instead. You may be thinking that a vendor advocate is just another costly middleman within…

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It’s a lot easier to buy a property at below market price than it is sell a property at above market price. It’s also possible to identify properties that are likely to increase in value at a higher rate than the average. JMAC knows how long a property has been on the market, or if  a…

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