Business
This week on Episode 12 of Off Market... We talk conjunctional sales - with stock levels being so low, are conjunctional sales on the increase? Are agents using auctions to control the sales process and protect their sellers' interests? Are the days of the conjunctional sale over? We talk about the difference between the "doom and gloom" the media is portraying in the market and the reality- average days on market are way down and market conditions are on the up. How people changing their lifestyle in the wake of COVID-19 is affecting the property market down south. We talk affordable housing - Australia currently has a social housing shortfall of approximately 433,00 and 116,000 people in Australia are homeless on any given night. What will happen if house prices continue to rise? How can the real estate industry collaborate more closely with the government on these schemes? And we hear from Shane Penny of HKY Real Estate about how improved infrastructure has changed his local suburbs of Aveley and Ellenbrook. Thanks to Summit Homes for hosting us at The Viewpoint for this week's episode! 0:00 - Introduction 1:17 - The Viewpoint by Summit Homes Tour 2:24 - Under The Hammer & In the Industry 14:57 - The Real Press 20:25 - Hood Highlight 30:07 - Under The Hood 36:59 - Wrap Up & Play of the Week