Monday, October 29, 2007

Unnecessary Election Jitters

No one wants to have the distraction of an election on their auction day, so real estate agents and vendors have been playing a guessing game as to how to run their auction campaigns to the best effect

Whilst some have abandoned a spring campaign altogether, Michael Marquette of Marquette Turner points out that this favours vendors as there'll clearly be less stock on the market.

An election, in Australia, regardless of the result, will seriously have little if any effect on the Australian housing market, says fellow director Simon Turner.

There are so many other factors that are involved in creating market conditions that "sitting on ones hands" proves beneficial to no one.

No comments: