Estate agents gear for bumper spring season

Estate agents gear for bumper spring season

by 0 comments

Real estate agents can look forward to a bumper spring selling season, statistics from RP data today revealed.

According to the property information provider, nearly 34,000 pre-listing reports, known as Comparative Market Analysis or CMAs, have been prepared by estate agents in the last two weeks, a 5 per cent rise on July’s pre-listings.

RP Data executive general manager David Williams said today’s data also represented a 36 per cent increase on this time last year.

“CMA activity has been trending upwards since the start of the year, signalling a dramatic increase in pre-listing activity and industry compliance,” Mr Williams said.

Other recent data releases from RP Data also point to healthy market conditions.

The national weighted average clearance rate is nudging 80 per cent and property values have increased by 4.5 per cent over the first half of 2009.

Real estate agents can look forward to a bumper spring selling season, statistics from RP data today revealed.

According to the property information provider, nearly 34,000 pre-listing reports, known as Comparative Market Analysis or CMAs, have been prepared by estate agents in the last two weeks, a 5 per cent rise on July’s pre-listings.

RP Data executive general manager David Williams said today’s data also represented a 36 per cent increase on this time last year.

“CMA activity has been trending upwards since the start of the year, signalling a dramatic increase in pre-listing activity and industry compliance,” Mr Williams said.

Other recent data releases from RP Data also point to healthy market conditions.

The national weighted average clearance rate is nudging 80 per cent and property values have increased by 4.5 per cent over the first half of 2009.

promoted content
Recommended by Spike Native Network
Listen to other installment of the Real Estate Business Podcast
reb top 100 agents 2017

With a combined sales volume of over $14 billion in 2017, the Top 100 Agents ranking represents the very best sales agents in Australia. Find out what sets them apart and learn their secrets to success.

featured podcast

featured podcast
How this agent grew his database by 50% in five years

In this episode of Secrets of the Top 100 Agents, Robert Pignataro joins host Tim Neary to explain how he increased his personal database by...

View all podcasts

Does the benefit of being part of a branded group outweigh the cost?

Yes
No
Depends on the group
Do you have an industry update?