July 9, 2008
The slowing property market in Australia has meant that some real estate agents are finally having to do some work to earn their generous commissions.
The agent’s main problem is of course over-optimistic vendor’s expectations. In the good days of the boom an overpriced house just mean that it might take a month to sell instead of a week. Now with the average number of days to sell at 78 a realistic selling price is the starting point not the ending point.