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Interesting reading exactly on many issues ..lol
Lazy journalists for years have taken Jenman at face value, a source of easy stories for them and something that Jenman relies on to help him promote himself which essentially allows him to sell more franchises and books.
It seems strange that all the great real estate entrepreneurs of the world not one of them has a website proclaiming their greatness and one that rubbishes any business that they fail to understand. Is Neil Jenman that special?My question was about auctions not about Neil Jenmans word. I have sold a number of houses and purchased at auction myself I was just considering if the time was right.?
But after reading this : " INTEREST rate hikes have bitten the property market around the country, with weekend auction clearance rates continuing to weaken." http://www.news.com.au/business/money/story/0,25479,23458144-5013951,00.htmlI'm starting to think it's not the time to auction.
As for 50% chance of selling at lower price that is upto the individual if they are going to go below their reserve.
I have sold $50k past my reserved price then another time 20k past with one passing in under reserve to later find my reserve was to high in the first place and I should have taken the auction offer.
Auctions are not for every property but a unique property can reward well , or a property with many interested buyers.Sadly you cannot believe a word Neil Jenman has to say, he tends to spend more time knocking peoples systems to promote himself.
15th February 2008
Jenman was ordered to pay $ 20,000 to Victor Ollis for making false statements about the nature of Ollis’s business with costs of the legal battle to be decided at a later date.The judgment runs to 35 pages but we are happy to reprint the paragraph that shows the damages that Jenman must pay below.
130. Taking into account the lack of justification as to four imputations in the States and Territories other than New South Wales, the postition in New south Wales (having regard to the contextural imputations) and poor reputation of the plaintiff I assess the plaintiff's damages as $20,000. This is primarily because of imputation (g) (arranging for criminals to visit his critics) and to a lesser extent imputation (d) (forcing some tenants to live in atrocious condition).
Anyway this ruling sends out a clear message that Neil Jenman the founder of the Jenman system, makes accusations that in a court of law have found not to be true. Anyone thinking about using a Jenman agent should bear this in mind
Real estate agents launch defamation action against Google
Prices here in North QLD are ranging from $1300 – $1600
