March 22, 2024
“We’re ready to sell – should we auction…?” At Modo we are big fans of the auction process not just because of the numerous benefits for our Sellers but the transparency that comes with it. However, not every campaign suits an auction strategy – here are some points to consider. Market appetite? Is […]
February 29, 2024
For 18 months, this office just sat vacant, gathering dust with an online listing that had little information and dark low quality photos. Then Modo came along and flipped the script. In the end, we didn’t just sell the office; we exceeded expectations by selling it for more than the asking price! How did we […]
October 20, 2023
“Initiative is like a magical cure-all elixir. Pick up the phone and make a call, send an email, follow up all leads.” Our commercial team did two off-market deals this week, one sale in Bundoora and a lease in Ringwood. Both came to fruition because of how we follow up with our clients. 16 […]
June 9, 2023
As much as real estate agents love to say that we know what a property is going to sell and lease for, we can’t look into a crystal ball and see the future. There are many factors at play that influence the market or demand for properties and these conditions can change very quickly. That […]
March 30, 2023
Have you or someone you know said this recently? “I’ve just missed out on a property I wanted” “It’s just gone under offer” “The agent said they actually sold off market” “There were multiple offers” As agents, we spend a lot of time on the road and there has been a notable increase in ‘sold’ […]
February 23, 2023
Over the past couple of decades, there has been a real attitude shift amongst real estate professionals regarding the amount of property information that is displayed to the public when advertising. This happened circa 2005-2007 and almost directly correlates with the rapid rise of realestate.com.au and realcommercial.com.au (REA group), commercialrealestate.com.au (Domain) and propertylook.com.au (commercial portal […]
January 19, 2023
The musings of a commercial agent Last Sunday I went for a walk along Riversdale Road in Hawthorn because, frankly, I like checking out retail strips. I’m not embarrassed to admit that I deeply enjoy admiring historic brick buildings and taking in the ‘personality’ of each suburb, city, or country I walk around in with […]
November 24, 2022
With phone technology undergoing serious improvements over the years, more agents are arguing that smartphone cameras can now replace professional photography. What does this mean for commercial real estate marketing? I can still remember being in my early 20s and my first boss telling me “the advert only needs to be good enough to get […]
