Everyone has an opinion, and some people feel compelled to speak out. Here are just a few comments prompted by daily news broken on Real Estate Business.
On real estate agent banned for five years (Click here for original stroy)
A disgrace to the industry. Should have been disqualified for life. A few dishonest agents can give us all a bad name. Leonie Burns
I understand Sean Kenny lost his licence but kept the $150,000 profit. Do you think that's fair? Ian Eldershaw
Congratulations to the Office of Fair Trading for finally taking action against unscrupulous agents. Kevin Nixon
On agents using Twitter to double their business (Click here for original story)
I totally agree with Paul from Altitude Real Estate. I have been using Twitter since May and I love it. It is perfect for real estate and for my business. I have seen an enormous increase in traffic to our website. We have also started Tweeting from auctions and the results go immediately to the front page of our website. Not only does it generate traffic, the best part is that it's free! Kylie Emans
On property managers adapt to falling rental market (Click here for original story)
I agree wholeheartedly with the content of this report, and believe it is safe to say regional area such as Mandurah in WA have suffered from declines longer than our metro counterparts. We have been decreasing rental prices for approximately seven months now and both my colleagues and I find it frustrating [trying to] explain this to investors that have multiple properties in their portfolio in varying parts of the state and country, that different demographics are affected in differing ways [and that there are] so many facets that can alter their bottom line. I appreciate reports such as this, because I can incorporate them into the monthly newsletters to our clients... backing up what we are trying to tell them without them thinking it's “just an excuse”. Diana Gilbert
On the REIV to crack down on misleading advertising (Click here for original story)
About time… I recently flew from Perth to Melbourne to attend an auction after being told less than 48 hours before the auction by the Agent who we’ll call “Ray” that I would certainly buy the house at auction for $600,000. After taking the weekend off work and booking a last minute flight at great expense, a 3+ hour flight arriving at 5am Melbourne time, I waited for the auction and was disgusted to find out that the vendors reserve was $640,000 and the house sold for $665,000... Thanks “Ray”.