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The other agent is UNDERQUOTING — What should you do?

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Manage episode 491339296 series 2286295
Content provided by Tom Panos - Real Estate Coach & Trainer and Tom Panos - Real Estate Coach. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Tom Panos - Real Estate Coach & Trainer and Tom Panos - Real Estate Coach or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

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Auction Training from Greece
00:13 – What is the best time to auction on Saturday?
02:33 – If your property is on the market and there’s a competing property where the other agent is underquoting — what should you do?
04:25 – What is the ideal time to set the reserve price?
06:35 – Advice for inexperienced agents handling price & how to salvage the relationship and the campaign. The Buyer Excite Price vs The Vendor Ask Price
11:44 – Agent error in the Clearance Rate. There are 2 clearance rates in the market
12:20 – Should every property go to auction? These are the 3 determining factors
16:24 – July is Sprint month; it determines your listings for Spring. Real Estate Gym doors close on 30 July 2025

  continue reading

Chapters

1. Best time for property auctions (00:00:00)

2. Setting the reserve price effectively (00:04:10)

3. Biggest mistakes with auction pricing (00:06:46)

4. Should every property go to auction? (00:13:04)

5. July: The foundation for spring success (00:16:14)

776 episodes

Artwork
iconShare
 
Manage episode 491339296 series 2286295
Content provided by Tom Panos - Real Estate Coach & Trainer and Tom Panos - Real Estate Coach. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Tom Panos - Real Estate Coach & Trainer and Tom Panos - Real Estate Coach or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Send us a text

Auction Training from Greece
00:13 – What is the best time to auction on Saturday?
02:33 – If your property is on the market and there’s a competing property where the other agent is underquoting — what should you do?
04:25 – What is the ideal time to set the reserve price?
06:35 – Advice for inexperienced agents handling price & how to salvage the relationship and the campaign. The Buyer Excite Price vs The Vendor Ask Price
11:44 – Agent error in the Clearance Rate. There are 2 clearance rates in the market
12:20 – Should every property go to auction? These are the 3 determining factors
16:24 – July is Sprint month; it determines your listings for Spring. Real Estate Gym doors close on 30 July 2025

  continue reading

Chapters

1. Best time for property auctions (00:00:00)

2. Setting the reserve price effectively (00:04:10)

3. Biggest mistakes with auction pricing (00:06:46)

4. Should every property go to auction? (00:13:04)

5. July: The foundation for spring success (00:16:14)

776 episodes

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