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Australia’s Auction Clearance Rates: Week Ending Nov 9, 2009

Here are the auction clearance rates for Australian capital cities, for the weekend ending Nov 09, 2008.Source: RP Data FYI: See more articles on Auction Clearance Rates, Real Estate and The Auction Strategy PR: wait… I: wait… L: wait… LD: wait… I: wait… wait… C: wait… SD: wait… Advertisements

Australia’s Auction Clearance Rates: Week Ending Nov 02, 2008

Here are the auction clearance rates for Australian capital cities, for the weekend ending Nov 02, 2008. Source: RP Data FYI: See more articles on Auction Clearance Rates, Real Estate and The Auction Strategy

Unnecessary Auction Pain: A Case Study

CASE STUDY: A luxury home was auctioned in Merewether (a beachside suburb in Newcastle, Australia) on Saturday by an agency that we can call “Agency X”. It was a fascinating experience for a number of reasons, notwithstanding the fact that it didn’t sell. Marquette Turner Luxury Homes have a wonderful property for sale in Merewether […]

Australian Capital City Auction Clearance Rates (for week ending 28 Sep 08)

Auction clearance rates in the last week have remained uninspiring (the Melbourne figures in particular, but in no means exclusively, should be looked at in the context of annual figures etc). Quite simply, auctioning still remains very much a strategy for those with a propensity to gamble. Marquette Turner Luxury Homes maintain the opinion that […]

Australian Auction Clearance Rates Continue to Jitter

Auction Clearance rates for the week ending August 10, 2008 continued to show an uncertain market where buyers and vendors are struggling to find common ground. Low price expectations from would-be bargain hunters are making it difficult for many vendors to make decisions on auction day and Luxury property continues to perform poorly at auction. […]

Australian Auction Clearance Rates Crash!

Auction Clearance rates for the week ending July 27, 2008 indicate a property market in crisis. Sydney’s Clearance rate of just 36.5% is indicative of the disparity between vendors and buyers, with some real estate agents caught in the middle. Agent’s skills in both marketing and negotiating homes are being put to the test and […]

Luxury Homes Need Luxury Agents To Sell Them: Just Ask Wayne Cooper

Fashion designer Wayne Cooper’s Luxury Sydney home in Sydney’s Eastern Suburb of Tamarama failed to attract a bidder at auction yesterday. The entire process has been disastrous from start to finish with Wayne Cooper being convicted of assaulting her last Friday.  An apprehended violence order was amended so he could attend the auction. A bidder […]

Marquette Turner’s “Real Estate Radar”

Marquette Turner’s real estate radar® hones-in on property news to keep your finger on the pulse, and with interest rate cuts on the cards, our news couldn’t be more timely! A report conducted by the Real Estate Institute of Australia in June 2008 has showed that housing affordability has fallen across every Australian State and […]

Supply & Demand

When you market your property, you need to employ a strategy that can run counter to your emotional perception of the home’s value. This sometimes means listing at a price far below what you have emotionally anchored upon. Like any commodity, a home’s price will follow supply-and- demand trends. In theory, custom homes in desirable […]