Listings Up 50%: The Perth Market Buyers Have Been Waiting For with Rowen Powell

Listings are up 50% and days on market have doubled, yet this is the exact market buyers have been waiting two years for. In this episode, Michael sits down with Rowen Powell, director of Verve Buyers Agency, to unpack what is really happening in the Perth property market beneath the doom and gloom headlines.🔔 Subscribe & leave a comment with your questions — we build episodes around what YOU want to know.General advice only and not personal advice. CRN 485467---------------------------------In this episode:Why rising listings and longer days on market are actually a win for buyersHow to spot quality fundamentals: orientation, location, land size and school zonesWhy owner occupiers are back as king and what is driving the shiftThe two-speed Perth market and how price point and income split itWhy subject to sale offers are making a comeback and how to use themHow buyer fatigue leads people to overpay and how to avoid itWhat to look for when choosing a high performing agent in a softer marketHow high net worth buyers think differently and what you can learn from themWhere Rowen sees the Perth market heading from September onwards---------------------------------Subscribe:https://www.youtube.com/@ThatBackyardPropertyPodcastInstagram: https://www.instagram.com/backyardpropertypod?igsh=MWhkOWx5YzJxdDc3ag==Website: https://tuskfinance.com.auConnect with Michael:Facebook: https://www.facebook.com/tuskfinancemkInstagram: https://www.instagram.com/mortgageswmichaelLinkedIn: https://www.linkedin.com/in/michaelkillinerTikTok: https://www.tiktok.com/@backyardpropertypodcastTusk Finance: [email protected]:(00:00) Listings up 50%, the market buyers have waited for(00:45) Welcome back Rowen Powell, Verve Buyers Agency(02:00) Why more time and more viewings change buyer behaviour(04:45) Quality fundamentals: orientation, location, school zones(07:15) Why stock levels are changing across Perth(08:50) Tax reform and the return of the owner occupier(11:05) Perth as a two-speed economy(13:25) Pulling the trigger in falling versus rising markets(15:50) The income cap and why subject to sale is back(18:20) Improving a home before listing a sub sale(19:40) How to choose the right agent in a soft market(21:55) Surprising sales and the reality of buyer fatigue(23:40) Where to next for the Perth market(25:50) How high net worth buyers think differently(29:30) Rowen on his engagement and clarity(30:35) Parting advice: understand why you are buyingProduced by Podwave Studios: https://www.podwavestudios.au#PerthProperty #PerthRealEstate #PropertyMarket #BuyersAgent #PerthPropertyMarket #RealEstateAustralia #PropertyInvesting #HomeBuying #FirstHomeBuyer #SubjectToSale #BridgingFinance #PropertyTips #AustralianProperty #PerthHomes #OwnerOccupier #PropertyAdvice #RealEstateTips #HomeLoans #TuskFinance #BackyardPropertyPod