Other videos in this series

When an insurance policy does not respond as expected, it is ultimately considered a landlord problem. But in reality, the consequences stretch far wider. Photo: Getty

When insurance doesn’t deliver

When insurance falls short, the impact reaches far beyond the landlord, placing pressure on property managers, straining relationships, and exposing agencies to hidden workload and reputational risk.

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Budget needs to focus on action, not talk to fix housing crisis

LJ Hooker is urging the Federal Government to reinvest billions in property tax revenue, including stamp duty, into housing supply, affordability and mobility measures. The group warns Australia’s housing crisis is driven by delivery constraints, not policy ideas, as prices rise and supply continues to lag demand.

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TRANSCRIPT

In regards to auction, the one thing that I would have to say is that real estate agents look at it purely as a negotiation method. 
 
A lot of people talk about running the process and the reality is it’s very, very, similar, almost identical to a private treaty. The only difference is you’re making a decision to negotiate on a set date. 
 
So if you put that into perspective, it is still in negotiation as you do with private treaty, but there’s a lot more speed. It’s more dynamic, and a lot of people prefer to negotiate that way. Particularly when competition’s involved in playing people off. You can certainly get some wonderful outcomes.