Craig

Well, that's what you would hope.

But we're seeing more and more properties actually in our areas where it changes from agent to agent.

You know, so the first agent tries, market says no, the listing expires and then the vendor moves on to the next agent.

and so forth and so on, sometimes not changing their vendor expectation.

I mean, there's a very famous story about a house in Haberfield that has been up for sale at one point or another over the last 10 years.

And every time it comes up with an agent, it's about a million more than what its market value is.

So it's a tricky one, but obviously the agent should be informing the vendor, these are the comparable sales.

This is what your property is worth.

And this is how we can list it accordingly.

When they're trying to, you know, what they call buy the listing, get the vendor to sign an agency agreement.

I think that is due to the very competitive market, you know, that they're in when it

It's very cutthroat and then some agents do exactly that.

They manage the vendor's expectations whilst the property is for sale.

Good morning, Craig.

Yeah, what a headline.

I wanted to touch back on this because I have had a few clients, particularly from overseas, asking about how accurate the predictions are.

Firstly, I'd like to make it very clear that, you know, this headline saying that the Dubai market is going to crash by 15% is actually quite misleading.

Let's talk first about supply and delivery.

Yes, there are a lot of homes that are due to be handed over this year and next, but in Dubai, only about 56% of projects

ever reach handover on time.