Ewan’s Hot Take: On lack of stock in the market

The real estate market in Sydney is experiencing a lack of stock and a lot of uncertainty, leading to missed opportunities for buyers. Ewan shared the advice of his lead agents, who recommended that buyers should focus on their goals and motivations for buying a property and make a purchase if they find something they like, rather than waiting for the perfect opportunity. Sellers should also consider their motivations for selling and focus on achieving their goals, rather than worrying about the state of the market. Morton emphasized that there are still good deals to be had, with recent examples of strong prices due to a lack of available properties and motivated buyers. Overall, the common theme among the lead agents was the importance of understanding one’s motivations and goals in the market and acting accordingly.