In this podcast, Josh Phegan and Alexander Phillips discuss the impact of government intervention in the property cycle. Josh outlines stages of the cycle, and describes government agencies and regulations that affect negotiations. Alex illustrates the snowball effect from changes and differences in assessment rates. And Josh tells how interest rates can put the brakes on the market.
Alex and Josh continue with the importance of educating your owners early on about market dynamics, aligning their expectations around auction day, and helping them understand what’s happening in their market so they can make better decisions.