Elite Agent

Consumer Affairs in VIC drew a bit of a line in the sand this week, declaring that their 2-year taskforce ‘trial’ to police underquoting challenges was a success and they were making the taskforce a permanent fixture in their outfit.

The taskforce announced that in the past two years: 2800+ reports were submitted by the public, with more than 30 per cent coming from other agents. 1900+ sales campaigns monitored. 180+ auctions attended. It’s a good start, but looking at these figures I can’t help but feel that if they’re going to really stand a …

Consumer Affairs in VIC drew a bit of a line in the sand this week, declaring that their 2-year taskforce ‘trial’ to police underquoting challenges was a success and they were making the taskforce a permanent fixture in their outfit. Read More »

Andy Reid: Auctions are a team effort, not a solo performance

The campaign’s run its course, the buyers have been through, and the crowd has formed. When the auctioneer trots out and welcomes everyone to the auction, all eyes and ears point towards the one with the gavel, as the listing agent takes a deep breath in the hope that they’ve done enough for a successful …

Andy Reid: Auctions are a team effort, not a solo performance Read More »

Smart glasses could enhance auction transparency

Virtual reality smart glasses have the potential to bring greater transparency to the real estate industry and help auctioneers and agents improve their craft, but they won’t become widely used until they are mainstream in people’s homes. Leading auctioneer, coach and speaker, Andy Reid, said he had recently tried the Ray-Ban Meta smart glasses to …

Smart glasses could enhance auction transparency Read More »

To auction or not to auction, that is the question!

With clearance rates dropping, volume of buyers on the wane and the logical price of the market drifting further away from vendor expectations, the general ritual has been to move away from the auction process and head towards private sale. The main message being sold to vendors currently is to offer ‘greater control’ over the …

To auction or not to auction, that is the question! Read More »