Latest / The Real Estate Show / Mix 106.3's Real Estate Show - 05/09/26
Transcript
- 0:11Speaker 1: Thanks to JW Land, we have the opportunity right now
- 0:13Speaker 1: to relive the Saturday morning Mix 106.3 Real Estate Show. Renee,
- 0:18Speaker 1: not with us in the week just gone, but we
- 0:20Speaker 1: had plenty of amazing guests, including Paul Tomasini, who is
- 0:24Speaker 1: the CEO of an organisation called Tenancy Skills Institute. And
- 0:29Speaker 1: what they do is they help people is for people
- 0:31Speaker 1: who had a bit of a bumpy ride in the
- 0:33Speaker 1: rental space, they provide skills.
- 0:35Speaker 2: They show them how to be essentially.
- 0:38Speaker 1: Better tenants, if you like, and better prospects to go
- 0:41Speaker 1: into places. So this is a full-purpose organisation, and it
- 0:45Speaker 1: is an incredible service.
- 0:46Speaker 2: We had a great conversation with Paul.
- 0:49Speaker 1: Jenny Edwards also joined us, Director and Scientist at Lighthouse
- 0:53Speaker 1: Architecture and Science, and talked about this. renovating old government homes. So,
- 0:57Speaker 1: you know, with affectionately called Govies and why this is
- 1:01Speaker 1: starting to become a thing now. Why is it so
- 1:04Speaker 1: popular and all the cool things that you can do
- 1:06Speaker 1: with old Govies as opposed to a knockdown rebuild. And
- 1:10Speaker 1: then with Renee away, George Southwell, who is an agent
- 1:15Speaker 1: at Ray White Yes and Region, he came in and
- 1:18Speaker 1: joined us for the whole show. And we put this
- 1:21Speaker 1: discussion under the heading of boots on the street.
- 1:23Speaker 2: Market discussion and.
- 1:25Speaker 1: It was really good great to get some insights from
- 1:27Speaker 1: an agent who joined us in the studio so that
- 1:30Speaker 1: is what is ahead as a part of our real
- 1:32Speaker 1: estate podcasts again thank you for listening and we want
- 1:35Speaker 1: to say thanks again to JW land Well, George, I've
- 1:40Speaker 1: mentioned this a couple of times to you, and I
- 1:42Speaker 1: know that you're excited about this next conversation as well.
- 1:45Speaker 1: And this is something that sort of came from just
- 1:48Speaker 1: a chance encounter at the REACT Awards, the Real Estate
- 1:51Speaker 1: Institute ACT Awards, a couple of weeks ago. And we
- 1:55Speaker 1: were in one of the breaks. I was emceeing and
- 1:57Speaker 1: hosting that event. And a gentleman came to me and
- 1:59Speaker 1: introduced himself to me. And he said he was from
- 2:01Speaker 1: an organization called Tenancy Skills Institute. And then he told
- 2:05Speaker 1: me what it was. And it's like, oh my God,
- 2:08Speaker 1: how long has this been going on for? And why
- 2:10Speaker 1: aren't we doing it everywhere?
- 2:11Speaker 3: A hundred percent, Cam. I jumped on and had a
- 2:13Speaker 3: little bit of a read. And this is just so
- 2:16Speaker 3: needed in our local real estate market. And I think
- 2:19Speaker 3: it's a great initiative.
- 2:20Speaker 1: Let's learn more about it and say good morning to
- 2:22Speaker 1: Paul Tomasini, the CEO of Tenancy Skills Institute.
- 2:26Speaker 2: Paul, good morning.
- 2:28Speaker 4: Good morning. Thanks for having me.
- 2:29Speaker 2: Mate, thanks for coming on. Okay.
- 2:30Speaker 1: So from a chance conversation a couple of weeks ago,
- 2:33Speaker 1: you now find yourself with us on The Real Estate Show.
- 2:35Speaker 1: So tell us, please tell us, what is the Tenancy
- 2:38Speaker 1: Skills Institute and what is it that you aim to achieve?
- 2:42Speaker 4: So look, simply we aim to achieve better rental outcomes
- 2:46Speaker 4: for everyone. Now, Tenancy Stills Institute is part of a
- 2:51Speaker 4: homelessness charity called InCommunity. And what we saw about nine
- 2:55Speaker 4: years ago, we saw that there was this intersection between
- 2:58Speaker 4: the work we were doing in the space of keeping
- 3:02Speaker 4: people housed and the work the real estate industry was doing.
- 3:05Speaker 4: So we've been working at that intersection for the last
- 3:07Speaker 4: nine years to try and join our sectors together and
- 3:10Speaker 4: create better rental outcomes. We started through tenancy education, which
- 3:15Speaker 4: is why we are the Tenancy Skills Institute. And so far,
- 3:19Speaker 4: mainly in Queensland. So Queensland has been our primary base
- 3:22Speaker 4: for the last nine years. We've trained nearly 29,000 people
- 3:26Speaker 4: now and given them the best head start when they
- 3:29Speaker 4: go into a tenancy so that they can be successful.
- 3:32Speaker 1: Okay. And so essentially it is you, people come to
- 3:34Speaker 1: you who have had a little bit of a bumpy ride, maybe,
- 3:37Speaker 1: and you show them how to be a good tenant.
- 3:41Speaker 2: Is that correct?
- 3:43Speaker 4: Absolutely. So it's for people that have maybe had a
- 3:45Speaker 4: tenancy that hasn't gone too well in the past or
- 3:47Speaker 4: for people that have never rented. What we know is
- 3:50Speaker 4: a lot of the things that we tend to take
- 3:52Speaker 4: for granted in terms of the knowledge and skills base
- 3:55Speaker 4: that you need to thrive in your tenancy, some people
- 3:58Speaker 4: just don't know. And particularly if you've never done it before, right?
- 4:02Speaker 3: Absolutely.
- 4:03Speaker 4: So we saw there was an opportunity. When we started
- 4:05Speaker 4: talking to property managers, we found that all of the
- 4:08Speaker 4: things property managers were telling us were causing tenancies to
- 4:11Speaker 4: fail were actually things that we could train people and
- 4:15Speaker 4: give them the skills so they went in and didn't
- 4:18Speaker 4: make those mistakes in their tenancies. More recently, we've been
- 4:22Speaker 4: working at that intersection to keep people in their tenancies
- 4:24Speaker 4: as well. And there's been some great outcomes there too.
- 4:28Speaker 3: Paul, being in the industry, it's like music to my ears.
- 4:31Speaker 3: If someone turns up and they do the learning and
- 4:33Speaker 3: the education, how do they then present that understanding or
- 4:38Speaker 3: knowledge that they've obtained to the industry?
- 4:42Speaker 4: Yeah, so there's two ways. So our students get a
- 4:44Speaker 4: certificate at the end of their course, which demonstrates their
- 4:48Speaker 4: competency that they've Know when one of our students comes
- 4:55Speaker 4: knocking on your door because they'll approach their tenancy very differently.
- 4:58Speaker 4: They'll approach the application process. They'll be informed and they'll
- 5:02Speaker 4: ask the right questions. They'll go through the right process.
- 5:05Speaker 4: So what our students tell us is their confidence levels increase,
- 5:10Speaker 4: not only in being able to apply for a tenancy,
- 5:13Speaker 4: been seen because they're actually applying and their applications are
- 5:17Speaker 4: strong but then when they get in they've been able
- 5:19Speaker 4: to navigate that process and when they do come along
- 5:23Speaker 4: bumps in the road those bumps don't become catastrophic.
- 5:25Speaker 1: Okay and finally and sort of briefly if you can
- 5:27Speaker 1: although I wish it wasn't briefly do you have an
- 5:29Speaker 1: example of a success story that you can share?
- 5:33Speaker 4: Look, we've got 28,000 success stories, and it's about the
- 5:37Speaker 4: change that happens with inside people. But I think more recently,
- 5:41Speaker 4: what we've seen we've been able to do with this
- 5:42Speaker 4: and the relationships we're building is also keep people in
- 5:46Speaker 4: their properties and avoid unavoidable ends to tendencies. So I
- 5:52Speaker 4: could talk to you all day about all of the
- 5:55Speaker 4: great outcomes of people. But I think it's just people
- 6:00Speaker 4: being able to navigate through successfully in their tendencies and
- 6:04Speaker 4: come out and thrive in those tendencies and have a
- 6:06Speaker 4: really great base for home so the other parts of
- 6:09Speaker 4: their life take off.
- 6:10Speaker 2: All right, mate.
- 6:10Speaker 1: Well, we can only say congratulations and well done for
- 6:13Speaker 1: what you're doing because you are changing lives.
- 6:15Speaker 2: There's no doubt about that.
- 6:18Speaker 1: Tenancieskills.com.au is the website and we would love to speak
- 6:23Speaker 1: to you again towards the end of the year and
- 6:24Speaker 1: you know, get an update to see how it continues
- 6:27Speaker 1: to go. So thank you so much for joining us
- 6:28Speaker 1: this morning.
- 6:29Speaker 3: Sounds great.
- 6:30Speaker 4: Thanks for your time.
- 6:31Speaker 1: Paul Tomasini, CEO, Tenancy Skills Institute. And once again, that
- 6:35Speaker 1: website that you can go and learn more, tenancyskills.com.au. Now, George,
- 6:42Speaker 1: I know, again, this one has just brought a smile
- 6:44Speaker 1: to your face.
- 6:44Speaker 3: I know, Kim. It's awesome.
- 6:46Speaker 5: Yep.
- 6:47Speaker 1: All right. So we're talking about renovating old government houses.
- 6:52Speaker 1: And so this has popped up a couple of times now,
- 6:54Speaker 1: and it's just like, right, we have spoken to our
- 6:57Speaker 1: next guest on the show a few times over the years,
- 7:00Speaker 1: but she joins us again now because this is a
- 7:02Speaker 1: beaut story. Jenny Edwards is Director and Scientist at Lighthouse
- 7:07Speaker 1: Architecture and Science joins us right now.
- 7:08Speaker 2: Good morning, Jenny. Welcome back.
- 7:10Speaker 3: Good morning.
- 7:11Speaker 5: Great to be here, Ken.
- 7:13Speaker 4: All right.
- 7:13Speaker 3: Okay.
- 7:13Speaker 1: So now we saw this story in, I think it
- 7:17Speaker 1: was All Homes a couple of weeks ago, and it
- 7:18Speaker 1: is in around renovating old government homes or affectionately known
- 7:23Speaker 1: as govies.
- 7:24Speaker 2: Can you tell us a little bit about what you've
- 7:26Speaker 2: been doing?
- 7:27Speaker 6: Totally.
- 7:28Speaker 5: Look, ex-Govies, let me start by saying they have so
- 7:31Speaker 5: much potential, people, everyone out there who's got an ex-Govie.
- 7:36Speaker 5: We tend to think that knockdown rebuild is the only
- 7:38Speaker 5: way to get a comfy house, but these little houses
- 7:41Speaker 5: are so solidly built. And with some really simple and
- 7:45Speaker 5: cost-effective stuff, you can massively lift their energy efficiency and
- 7:50Speaker 5: their comfort levels and reduce the energy bills. So it
- 7:53Speaker 5: really comes down to the really unsexy stuff, Cam, of
- 7:57Speaker 5: draft sealing and insulating the house and that stuff. And
- 8:04Speaker 5: then the simple strategies of trying to soak up the sun.
- 8:07Speaker 5: And I know you can't turn a house around, so
- 8:09Speaker 5: your house may or may not have great orientation. But
- 8:13Speaker 5: if you can take advantage of northern light into the
- 8:16Speaker 5: living areas or the kitchen somehow or improve that slightly,
- 8:20Speaker 5: it can make a massive difference.
- 8:21Speaker 6: So that's what we've done to one in Deakin recently.
- 8:25Speaker 5: And, yeah, huge, huge benefits, you know, taking it from three.
- 8:28Speaker 6: Star up to over seven star. So massive changes.
- 8:31Speaker 2: Okay.
- 8:32Speaker 3: Jenny, it's obviously taking off. There's a lot more of
- 8:36Speaker 3: them that are being renovated and architecturally lifted to the
- 8:40Speaker 3: modern age. Is it the heritage aspect that people really
- 8:44Speaker 3: like or is it the good bones of those old
- 8:47Speaker 3: homes that don't have cracks in them? They're awesome.
- 8:52Speaker 5: Look, even if they've got cracks in them, often the
- 8:55Speaker 5: cracks are in the outer layer and they can be managed. Look,
- 8:59Speaker 5: actually cost. It is actually much cheaper to renovate a home.
- 9:03Speaker 5: A lot of people will tell you it's much more
- 9:06Speaker 5: cost effective to knock down and rebuild. But having done
- 9:09Speaker 5: it for 15 years at Lighthouse, both new build and renovations,
- 9:13Speaker 5: a major renovation and extension is typically.
- 9:16Speaker 1: $ 250, 000 to $ 300, 000.
- 9:17Speaker 6: Cheaper in the current market.
- 9:18Speaker 5: So it's a significant chunk of money But yeah, I
- 9:24Speaker 5: think people are, so financially, people are being driven toward renovation.
- 9:28Speaker 5: You know, no sort of construction is cheap right now.
- 9:31Speaker 5: But increasingly, people are starting to realise.
- 9:34Speaker 6: That, yeah, they do like the heritage value.
- 9:37Speaker 5: There is something really endearing about these older homes. And
- 9:40Speaker 5: a lot of newer homes all look the same in
- 9:43Speaker 5: a not very inspiring way.
- 9:44Speaker 6: Oh.
- 9:45Speaker 2: Ouch, and be careful of what you say to God.
- 9:47Speaker 3: Controversial.
- 9:49Speaker 2: Okay, so you've.
- 9:49Speaker 1: Mentioned that you can save yourself a chunk of money
- 9:51Speaker 1: or a bag of money, so that's a tick right
- 9:53Speaker 1: there for many people.
- 9:55Speaker 2: Why else is it becoming more popular? Because it is
- 9:58Speaker 2: growing in popularity, isn't it?
- 10:00Speaker 6: It is.
- 10:00Speaker 5: And I think another thing people are realising is that
- 10:03Speaker 5: you don't have to have a huge house. You know,
- 10:06Speaker 5: typically in Australia, we all know we've got the biggest.
- 10:08Speaker 6: Houses in the world.
- 10:10Speaker 5: And in display villages, we often see very large homes.
- 10:12Speaker 5: So people have aspired to that. People are starting to realise,
- 10:16Speaker 5: wait a minute, I don't need that much space. So
- 10:18Speaker 5: maybe this existing house actually is a really good starting point.
- 10:23Speaker 3: For a small.
- 10:23Speaker 6: Extension to achieve what I need.
- 10:25Speaker 5: So I think there's some really gradual cultural shifts finally
- 10:29Speaker 5: happening in relation to housing. So that's another one. Yeah, look, money, oh,
- 10:38Speaker 5: the other thing is garden. You know, a huge house
- 10:41Speaker 5: or a big extension or a knockdown rebuild leaves you
- 10:43Speaker 5: with no green space often. And a lot of these
- 10:46Speaker 5: houses have lovely established gardens around them.
- 10:49Speaker 6: So people realise, wait on, can I.
- 10:51Speaker 5: Work with that and maintain the garden? With heating, this
- 10:55Speaker 5: summer could be an absolute shocker. And having a garden
- 10:58Speaker 5: around your house adds a lot of benefit in.
- 11:01Speaker 3: Terms of energy efficiency and comfort. We often say, Jenny,
- 11:04Speaker 3: in the industry that gardens make homes. not houses.
- 11:08Speaker 6: Exactly.
- 11:09Speaker 3: Totally.
- 11:09Speaker 5: I couldn't agree more.
- 11:10Speaker 3: Jenny, just a quick one from me. What is thermal zoning?
- 11:14Speaker 3: I saw this in the article and I was like,
- 11:16Speaker 3: I'm just going to have to find out what thermal
- 11:18Speaker 3: zoning is.
- 11:20Speaker 5: Look, it simply means being able to close zones off.
- 11:23Speaker 6: So, you know, there's a big phase where we.
- 11:24Speaker 5: Did lots of huge open plan areas and double story
- 11:28Speaker 5: voids and those sorts of areas are incredibly difficult to
- 11:33Speaker 5: to heat to a comfortable level and really energy inefficient.
- 11:36Speaker 5: So just in the design phase, thinking about, okay, let's
- 11:39Speaker 5: have a nice big sliding door here or something or
- 11:42Speaker 5: other so I can open it up to create that
- 11:44Speaker 5: feeling of space. But when I'm heating.
- 11:47Speaker 6: The living area, I can close that down and so
- 11:49Speaker 6: I'm only heating the space where we are.
- 11:51Speaker 5: So yeah, really simple stuff. Doors, basically it means.
- 11:54Speaker 4: Doors.
- 11:55Speaker 6: Thanks, Jenny.
- 11:56Speaker 2: All right.
- 11:56Speaker 6: Okay.
- 11:57Speaker 2: So that's amazing.
- 11:58Speaker 1: Thank you so much for joining us this morning and
- 12:00Speaker 1: happily I'm going to report that we're having you back
- 12:02Speaker 1: in a few weeks for a really exciting reason.
- 12:05Speaker 2: Which we won't touch on now.
- 12:06Speaker 5: No, it's a secret.
- 12:08Speaker 2: Yep. As always, it's amazing to speak to you. Thank
- 12:11Speaker 2: you so much for joining us this morning.
- 12:13Speaker 6: My pleasure have a great day you.
- 12:14Speaker 1: Too bye uh jenny edwards there director and scientist at
- 12:18Speaker 1: lighthouse architecture and science talking about renovating old govies now
- 12:23Speaker 1: george as we're getting the show together this week uh
- 12:25Speaker 1: you know we've already spoken to two amazing people so
- 12:28Speaker 1: far i thought to myself right um who what's our
- 12:30Speaker 1: third interview because i bring it together in the background
- 12:33Speaker 1: And then.
- 12:33Speaker 2: I thought to myself, we've got a real estate agent
- 12:36Speaker 2: who's going to be in the studio. Why don't we
- 12:39Speaker 2: just have a conversation?
- 12:40Speaker 4: I don't know.
- 12:40Speaker 3: We didn't have to dial any numbers.
- 12:42Speaker 2: Look at that.
- 12:43Speaker 1: And me sometimes miss dialing numbers as well. So I thought, look,
- 12:47Speaker 1: we'll put this under the heading of Boots on the
- 12:49Speaker 1: Street market discussion, if you like.
- 12:52Speaker 2: And let's begin.
- 12:53Speaker 1: And we talk about this all the time because we
- 12:55Speaker 1: hear about in.
- 12:56Speaker 2: The media, mostly in the media.
- 12:58Speaker 1: And Renee and I have to be very, very careful
- 13:02Speaker 1: with this about managing this sort of doom and gloom,
- 13:05Speaker 1: this clickbait style interview headlining.
- 13:07Speaker 2: And we're very, very conscious of it.
- 13:09Speaker 1: So what's it really like dealing in real estate day
- 13:12Speaker 1: to day on the street at the moment?
- 13:14Speaker 2: Because it's a tricky market.
- 13:15Speaker 3: Yes. In the industry, we talk about the market being
- 13:18Speaker 3: between our ears in your head. It's certainly on a
- 13:23Speaker 3: national level. We had that report come out on Tuesday.
- 13:25Speaker 3: They've indicated that the market has dropped nationally by between
- 13:28Speaker 3: about 1% and 2% right around the country. When you
- 13:32Speaker 3: look at the town that we mainly operate in, Yass,
- 13:36Speaker 3: it's had 7% growth cam quarter on quarter. That doesn't
- 13:40Speaker 3: line up with those figures. And so we started to
- 13:42Speaker 3: dig into that this week as a team. We were
- 13:43Speaker 3: sitting down having a discussion. And just a very quick
- 13:46Speaker 3: example with some stats. We listed a lovely little renovator
- 13:52Speaker 3: in Yass. So in Yass, that market is 500 to 700.
- 13:56Speaker 3: We sold it for 577,600. And there was 27 inspections
- 14:00Speaker 3: over the 71 days that it was on the market.
- 14:03Speaker 3: We've then listed a three-bedroom townhouse in Yass, beautifully renovated,
- 14:10Speaker 3: all done and dusted with lovely plantation shutters.
- 14:12Speaker 2: Yes.
- 14:13Speaker 3: And we went back to that list of 27 people
- 14:15Speaker 3: and we rang through them. Now, normally as an agent,
- 14:17Speaker 3: you'll ring through that list and two of them will
- 14:19Speaker 3: have purchased. one of them being the buyer that's bought
- 14:22Speaker 3: it and the other one will have purchased. Six out
- 14:25Speaker 3: of the 27 have purchased in the last four weeks.
- 14:28Speaker 3: We've then gone back to those six, found out where
- 14:30Speaker 3: they purchased. They all purchased in Yass. And so when
- 14:33Speaker 3: we say that the market's not active, it's completely flipping
- 14:36Speaker 3: it on its head.
- 14:37Speaker 2: Yeah.
- 14:37Speaker 1: And look, I must say I've had– and Canberra is–
- 14:41Speaker 1: and Canberra and the Capital Region is its own market
- 14:43Speaker 1: within itself.
- 14:43Speaker 3: There's no doubt about that.
- 14:44Speaker 5: Correct.
- 14:44Speaker 1: But similar conversations that I have when I bump into
- 14:47Speaker 1: agents in the street or when you're having conversations, and
- 14:50Speaker 1: they're saying very similar things as well.
- 14:52Speaker 3: Yes, and people get on with life too, Ken. They
- 14:55Speaker 3: have life events. They're having a baby. Obviously, we have
- 14:59Speaker 3: a lot of separations in our industry. And then one
- 15:01Speaker 3: of the ones that's been coming through lately is people
- 15:03Speaker 3: that have had a loved one pass away. They've been
- 15:07Speaker 3: hanging on to the asset, waiting for the market to improve.
- 15:11Speaker 3: They're sick of mowing the lawn. They've planted the joint
- 15:13Speaker 3: 12 months ago and they're just getting on with it.
- 15:15Speaker 2: Okay. So for people who have to move, it's simple.
- 15:19Speaker 2: They have to move.
- 15:19Speaker 3: We know that.
- 15:20Speaker 1: What's your advice to people who are making discretionary moves
- 15:23Speaker 1: in this current market at the moment though? Yeah.
- 15:26Speaker 3: The discretionary moves, we have to look at where you're
- 15:28Speaker 3: going and what is that gap. So if we're upgrading
- 15:31Speaker 3: at the market, at the moment, it's a great time
- 15:34Speaker 3: to do it.
- 15:34Speaker 2: Yep.
- 15:35Speaker 3: But discretionary moves, if you want to do something, time's
- 15:39Speaker 3: the one thing that we can't get back. Let's get
- 15:41Speaker 3: on and do it. And the beautiful thing about this
- 15:43Speaker 3: market and the capital region market is that the worst
- 15:46Speaker 3: case scenario is still probably only 1% or 2% of
- 15:49Speaker 3: the value of the home.
- 15:50Speaker 6: Yeah.
- 15:50Speaker 2: Okay.
- 15:51Speaker 1: And so what do you think happens as we come
- 15:54Speaker 1: into the warmer months? So things are already sort of okay,
- 15:57Speaker 1: as you're saying, in different pockets, right?
- 15:59Speaker 2: So what happens from here, do you think?
- 16:01Speaker 3: Well, on Tuesday, we had blue skies, 22 degrees. and
- 16:05Speaker 3: they came out of their burrows. The phone started ringing again.
- 16:08Speaker 6: Really, really?
- 16:08Speaker 3: And then yesterday we put the woolen jumpers back on
- 16:10Speaker 3: and we were back in the burrows. But, no, people
- 16:13Speaker 3: get excited about spring. We really see an increase of
- 16:16Speaker 3: listings coming across all the major portals. I was talking
- 16:18Speaker 3: to all homes this week. They're certainly gearing up for
- 16:21Speaker 3: a busy spring. And what that does is it just
- 16:24Speaker 3: invigorates the market a little bit. People get a little
- 16:26Speaker 3: bit more excited after the finals of football and sport
- 16:30Speaker 3: this weekend to go out and just make that move.
- 16:32Speaker 3: You know, they've been talking about it all winter. They've
- 16:34Speaker 3: got their pre-approval. Rates are on hold. They want to
- 16:37Speaker 3: go and spend that.
- 16:38Speaker 1: Okay, and I love asking agencies as well, and you
- 16:41Speaker 1: get very, very different answers. So the conversations that you're
- 16:44Speaker 1: having with other agents, and let's maybe step outside the
- 16:48Speaker 1: Ray White brand because you all talk to each other, right?
- 16:51Speaker 1: So what do some of those conversations sound like at
- 16:53Speaker 1: the moment?
- 16:54Speaker 3: Yeah, very interesting. The number of appraisals that we've been
- 16:57Speaker 3: doing across the industry has increased dramatically over the last
- 17:00Speaker 3: three weeks. Now, most people would say, yes, that's quite normal.
- 17:04Speaker 3: It seems to be a little bit late this year
- 17:05Speaker 3: because people are normally four to six weeks away from
- 17:08Speaker 3: listing their home after they get an appraisal or find
- 17:10Speaker 3: out what's involved with selling the property. So I'd say
- 17:13Speaker 3: we're going to have a little bit of a later
- 17:14Speaker 3: spring market this year. And that's certainly reflecting in the
- 17:17Speaker 3: conversations that we're having around the town. But everyone's a
- 17:20Speaker 3: bit excited. Like, you know, let's get on with it.
- 17:22Speaker 3: Let's get that shift going and help people where we can.
- 17:25Speaker 1: And it is, it's a great time of year anyway,
- 17:27Speaker 1: isn't it? Like we come out of the cooler months
- 17:29Speaker 1: and now the run into Christmas happens and There's all
- 17:32Speaker 1: sorts of, you know, September, October, November, just the best
- 17:35Speaker 1: months ever.
- 17:35Speaker 3: Yeah, it'll be better when Durham Island beats Marist in
- 17:37Speaker 3: the first 15 grand final tomorrow down at Viking Park.
- 17:41Speaker 3: All right.
- 17:42Speaker 2: Well, okay.
- 17:43Speaker 1: No doubt people will have that conversation to you tomorrow
- 17:46Speaker 1: when you're there, won't they?
- 17:47Speaker 6: Correct. Correct.
- 17:48Speaker 3: It'll be good.
- 17:48Speaker 2: All right, George.
- 17:49Speaker 1: Well, again, I mean, you're going to stay with us
- 17:50Speaker 1: for the property of the week, which we get to
- 17:52Speaker 1: very shortly. to have someone in here speaking about this
- 17:55Speaker 1: and getting the insights. And so it's the between the
- 17:58Speaker 1: ears thing. Is that what you said?
- 17:59Speaker 3: Yeah, and ask the questions. Have the conversations with your
- 18:02Speaker 3: local agent and find out what's actually happening on the ground.
- 18:05Speaker 3: What are the numbers? How many people are coming through
- 18:07Speaker 3: the homes? And how many registered bidders are there and
- 18:09Speaker 3: what's happening?
- 18:10Speaker 1: Well, those are the interviews we most enjoyed in last
- 18:12Speaker 1: week's Mix 106.3 Real Estate Show. If you love hearing
- 18:16Speaker 1: about the latest trends or you're just up for a
- 18:18Speaker 1: sticky beak, be sure to drop by for a listen
- 18:21Speaker 1: this Saturday between 9 and 10.
- 18:23Speaker 5: Cam and Renee's Real Estate Show on Mix 106.3.