We love nothing more than data, data and data, and in this episode we interview Dr Nicola Powell, Senior Research Analyst at Domain, she is at the helm of Domain’s data reports and has appeared in various mainstream media outlets. Nicola delves deep into the search data and behavioural science of buyers and sellers, also giving us tips and tricks on how to utilise Domain data to make better property decisions. 

Here’s what we covered:
How many properties were on the market at a discount?
What makes sellers decide to price edit?
How many properties are sold through private treaty?
Why the Australian market is made up of thousands of micro markets.
What macro data should home buyers be looking for?
How many properties are currently transacting?
Is the fear of a second lockdown in Sydney impacting the supply of property?
What are buyers searching for in their future property?
What areas are people searching for the most?
What data is Domain harvesting from you?

This weeks Dumbo:
Falling in love with a property that has transacted several times in a short period of time

RELEVANT EPISODES:Episode 123 | Martin NorthEpisode 125 | Damien CooleyEpisode 133 | Alice Stolz

Domain Reports:House Price ReportHealthy Suburbs

HOST LINKS:Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan

Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: hello@wealthful.com.au

Send in your questions to: questions@theelephantintheroom.com.au

EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded in August, 2020.

https://www.theelephantintheroom.com.au/podcasts/140

We love nothing more than data, data and data, and in this episode we interview Dr Nicola Powell, Senior Research Analyst at Domain, she is at the helm of Domain’s data reports and has appeared in various mainstream media outlets. Nicola delves deep into the search data and behavioural science of buyers and sellers, also giving us tips and tricks on how to utilise Domain data to make better property decisions.  Here’s what we covered: <ul> <li style="font-weight: 400;">How many properties were on the market at a discount?</li> <li style="font-weight: 400;">What makes sellers decide to price edit?</li> <li style="font-weight: 400;">How many properties are sold through private treaty?</li> <li style="font-weight: 400;">Why the Australian market is made up of thousands of micro markets.</li> <li style="font-weight: 400;">What macro data should home buyers be looking for?</li> <li style="font-weight: 400;">How many properties are currently transacting?</li> <li style="font-weight: 400;">Is the fear of a second lockdown in Sydney impacting the supply of property?</li> <li style="font-weight: 400;">What are buyers searching for in their future property?</li> <li style="font-weight: 400;">What areas are people searching for the most?</li> <li style="font-weight: 400;">What data is Domain harvesting from you?</li> </ul> This weeks Dumbo: <ul> <li style="font-weight: 400;">Falling in love with a property that has transacted several times in a short period of time</li> </ul> RELEVANT EPISODES:<a href="https://www.theelephantintheroom.com.au/podcasts/123" target="_blank" rel="noopener">Episode 123 | Martin North</a> <a href="https://www.theelephantintheroom.com.au/podcasts/125" target="_blank" rel="noopener">Episode 125 | Damien Cooley</a> <a href="https://www.theelephantintheroom.com.au/podcasts/133" target="_blank" rel="noopener">Episode 133 | Alice Stolz</a> Domain Reports:<a href="https://www.domain.com.au/research/house-price-report/" target="_blank" rel="noopener">House Price Report</a> <a href="https://www.domain.com.au/healthy-sydney/" target="_blank" rel="noopener">Healthy Suburbs</a> HOST LINKS:Looking for a Sydney Buyers Agent? <a href="http://www.gooddeeds.com.au" target="_blank" rel="noopener">www.gooddeeds.com.au</a> Work with Veronica: <a href="https://linktr.ee/veronicamorgan" target="_blank" rel="noopener">https://linktr.ee/veronicamorgan</a> Looking for a Mortgage Broker? <a href="https://www.wealthful.com.au/" target="_blank" rel="noopener">www.wealthful.com.au</a> Work with Chris: <a href="mailto:hello@wealthful.com.au" target="_blank" rel="noopener">hello@wealthful.com.au</a> Send in your questions to: <a href="mailto:questions@theelephantintheroom.com.au" target="_blank" rel="noopener">questions@theelephantintheroom.com.au</a> EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded in August, 2020. <a href="https://www.theelephantintheroom.com.au/podcasts/140" target="_blank" rel="noopener">https://www.theelephantintheroom.com.au/podcasts/140</a>

Who's really in control when you buy a property?

The Elephant In The Room is where the things that no one wants to talk about, actually get talked about.  

Veronica Morgan, real estate agent, buyers agent and co-host of Foxtel’s Location Location Location Australia & Chris Bates, financial planner, mortgage broker and wealth coach have joined forces to find out what’s really going on in the world of real estate.

Veronica and Chris talk to property owners and buyers every day in their respective lines of business. They’ve observed a wide spectrum of confidence in people’s decision making ability when buying and selling property, often to the detriment of the individuals concerned. They are both fascinated by consumer behaviour and together they’re going to uncover who’s really making the decisions when you buy a property.

In each episode they get into the psyche of buyers, agents, auctioneers and other industry experts to learn the truth about how buyers are influenced and why they do the things they do. In every episode you’ll learn from the mistakes of a “property dumbo” as well as Chris & Veronica’s “elephant rider bootcamp” training session.

The plan? This property podcast has been created to help us all make better property decisions!

We talk about the things no one wants to talk about in the Property Market

The Elephant In The Room Property Podcast | Inside Australian Real Estate

Understanding buyer preference through Domain search data, what are people looking for?

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