Rodney Samuels Consulting: The State of the Market

With the Corona Virus dominating the new cycle at the moment it would be easy to think that the property market has been shut down.

A clearance rate of 90% was achieved on the weekend but that does not mean a lot given the amount of auctions held on the weekend.

What we have seen is a massive shift to private sales and expressions of interest.

What does this mean for the average buyer or seller?

Well actually not to much we can sell conduct inspections, we can still buy and sell properties but what we can’t do is have a public auction or have public opens.

Now agents need to work smarter with their buyers to do deals and probably a little bit harder.

Change brings opportunity so keep your eyes open.

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