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Thank like
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rapidly take your business to the next
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level. Welcome to High Performance the podcast
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featuring Josh Fegan Alexander Phillips. Alexander
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without a doubt there's a real
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skill to be able to make
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sure those days on market are
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nice and short and we're seeing
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lots of agents that have maybe
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got some carryover listings that are
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coming from last year into 2025
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and it really gets me to
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think that like the skill this
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year without a doubt is going
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to be about that is going
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to be about that tight campaign
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management you've done it really launch, they don't really know why they're
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using off-market, and the interesting thing is it's actually a tool to
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be able to bring listings to market or to hold them back
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depending on what's happening in the market of the day. Tell us
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a little bit about, you know, tight campaign management, how do you
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view off-market, how do you view off-market, how do you view on-market,
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and then the conversation is what what you do to make sure
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that you can get a property sold in a shorter number of
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days than letting it go to, you know, you know, you know,
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weeks, weeks, weeks, weeks, weeks, weeks, weeks, weeks, weeks, weeks, weeks, weeks,
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weeks, weeks, weeks, weeks, weeks, weeks, weeks, weeks, weeks, weeks, weeks, weeks,
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eight, eight, eight, eight, eight, weeks, weeks, weeks, weeks, weeks, weeks, weeks,
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and weeks, weeks, weeks, weeks, weeks, weeks, weeks, weeks, weeks, weeks, weeks,
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weeks Thanks Ross. I think firstly I'd say across the country that
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this year there'd be 30 to 40% of stock
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that's left over that's coming back on the
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market which we you know experience ourselves this
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this week out of the 18 opens as
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seven that were left over but each one
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of those listings came on back up. on
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the market as a new listing. So we
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re- photographed a new price guide, new open
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times, a new vendor set up to sell
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meeting, you know, ones that were guided at
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five, now displayed at four and a half.
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as an example that one in itself we
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had 16 groups on the weekend where last
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year we didn't even get one open with
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16 groups so yeah you've got to also
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treat these as like a brand new listing
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new energy the vendors are looking for that
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if they're not you're going to have problems
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but I think you know they were big
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on just getting properties on the market if
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they've sold premarkers because we've shown a great
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buy-through and we've sold them mainly because we
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believe that's the best price way you're going
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to get the best price because you have
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database and domain an area all working at
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once and that creates tight campaign management because
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you're compressing everything explain that to the vendor
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that rather than you know 10 days here
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see how you go you might have a
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buy then you go on the market and
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you go on the market and you know
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in two weeks time you find another buyer,
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why not have that all happen at once
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and then build up the price and then
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build up making sure you've got multiple bidders
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on and you could satisfy the vendor that
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you've done everything possible but a lot of
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agents use that which I'll totally get as
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a listing tool because maybe they don't have
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the confidence to say let's get on the
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market spend 10 grand or 12 grand wherever
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the marketing is they do that sort of
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two-stage approach but then we're coming in and
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going let's do it all at once and
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this is why you do it and this
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is an example of why you do it
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so that that in itself I does speed
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up the process like all the properties we
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launched this week had at least three buyers
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agents and four or five buyers at the
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photos and the vendors are there seeing that
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that in itself probably shaves a week off
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you know the actual marketing campaign because they've
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already had offers you know every single one
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of our properties bar too had offers on
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the table even before they launched that does
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speed up the whole. process, yeah. You take
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all this as being normal. I was over
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in my marketplace, I mean the Balmain Roads
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or Peninsula, and there's a high-end apartment that
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came on, and it's 25 years, you know,
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since it's been sold, and the interesting conversation
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is that like it's all the old carpet,
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there's no furniture, it's obviously to cease to
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state, it actually looks really like pretty average
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inside of all the photos. And I thought,
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you know, if Alexander Phillips was taking on
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that list in... He would have had Prue
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go through, would have put carpet right the
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way down, would have got all new furniture
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right the way through it, would have had
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it started, would have had a windows cleaned
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and all of the above. And it's like
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a six, seven, eight million dollar property, you
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know, so it's up there. And the interesting
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thing is that, you know, you just can't
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rest on your laurels, like you've got to
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make the decision that this is absolutely your
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standard. And I think the big, seven, eight
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million dollar property, you know, you know, so
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it's, you know, it's up there. And the
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interesting thing is that you know, is that
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you know, is that you know, you know,
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you know, you know, is, you know, you
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know, you know, you know, you know, you
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know, you know, you know, you know, you
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know, you know, you know, you know, you
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know, you know, you know, you know, you
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know, you know, getting some buyers agents through
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once you've got your copy of the contract
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getting a couple of key buyers there so
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that first weekend of launch It has got
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a ton of momentum with people coming back
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for second inspections, plus buyers, plus buyer sellers,
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plus previous from previous campaigns. You're not waiting
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for people to go and discover it on
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the major real estate portals. You're adding to
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that. It's like a layer. This is the
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data from the portals. This is the data
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from the previous campaigns. These are the people
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from the previous campaigns. These are the buyers
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agents to keeping the days on market in
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under, you know, probably 28 days or less.
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an IPO period where there's people pushing you
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wanting to look at it. And your off
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market phases, the vendor thinks that you don't
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need to get the house ready, well no
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we still need to get it ready so
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why not get it ready? We make the
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phone calls, get the bars in, get it
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on the market and do it all at
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once. I think it's a lack of confidence
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in agents, lack of pushing back. lack of
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telling them to spend a dollar to make
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$10. They don't, probably, it's also, a lot
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of it's I think lazy, so they don't
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have the manpower. I just say just like
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the standards and you've got a standard on
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what the Alexander Phillips team is there to
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do and what PPD is there to do.
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This is how we do it each time
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and there's very little variance around the core
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of what actually makes a great campaign. Yeah.
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You
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