Sydney Property Insider Podcast

This week, we talk about a more recent phenomenon in the Sydney property market, the fear of overpaying (or FOOP!). Michelle gives a brief history lesson on the change from the fear of missing out (FOMO) a few years ago to the complete pendulum swing to where we are today.   HERE’S WHAT YOU’LL LEARN FROM TODAY’S EPISODE:   The dramatic change from a vendor’s market to a buyer’s market; How properties that aren’t absolute stars are being left on the market for longer; Buyers taking the blinkers off and realising they hold more power; How constant media articles and news are changing expectations; Why an experienced real estate agent is essential to manage vendors and what they can achieve; Why off-market properties seem to be popping up more and more; The width between buyers and sellers expectations; Continuing to look at comparables, square metre-age cost; Why it can still be right to purchase now rather than rent for an additional 12 months; Cost in vs value out; Why it’s important not to use the selling