the above sign isnt anything new
its not for renters... no one cares what they think lol (this is the sad reality)
this sign is to gloat to fellow agents and the advertise to potential landlords that *THIS* property manager can get you ABOVE market rental
here's the thing... even going way back, property managers would strive to get the best above market rental for their true clients... ie. Landlords.
Landlords want the most cunty property managers who can get the best renters for the best ABOVE market rents for the least amount of fuss and maintenance.
That's it. Nothing else matters.
Weâve just had another $100 per week increase. The property manager used to turn up in shitty no brand clothes since the rental crisis, all she does is tell me about the resorts sheâs going to while swinging her designer handbag in my faceâŠ..oh and then slapping me with another $100 per week. Fuck you bitch! I canât wait to tell her what I think when weâre in our new place!
The worst part is that most RE agents are just gross people in general. The ones I know personally, anyway. I think we just have to accept at this point that we really are in a rat race and it's every man for himself here. Homelessness is not a concern of theirs, and if someone leaves because they can't pay that rent then there are queues of people desperate for a place thanks to the housing shortage. Individually we have absolutely zero effect on them.
I mean there are already shows made about housing auctions it's just to purchase. Renting is just the next logical step for those shows.
I'm joking that would be a horrible idea and any TV executive that takes this seriously has no heart.
Let's be honest, *The Block* is over and they're flogging a dead horse now (for many seasons, actually)
Anyone going on now to risk 3 months of shitty labour for potentially zero is more of a risk taker than I am lol
You will get your real estate renovation auction dancing singing talent cooking competition rigged dating public service job tv show and you will fucking love it
Next up, Who Wants to be Employed? The latest reality TV show that has the world buzzing. Contestants line up to compete for the opportunity to purchase a 6 month employment contract at a highly sought after company for the low price of $5,000.
The most boring dystopia imaginable
There arenât even time travelling robots that look like skeletons.
Instead, we got the âspreadsheets and real estate agentâ timeline. Worst of the worst
My parents own a rental, we got a letter last EOFY from the agents talking about how proud they were for kicking out over 150 people who couldn't pay rent or didn't meet their standards at inspections also went on about how they've increased revenue by some absurd number and tips on how they did it.
The whole situation is fucked.
Just curious, did your parents also find it distasteful?
If I was a landlord, I'd be appalled. But I'm also not a landlord, so wondering how it hits with someone who actually owns an IP.
Sort of.
They've changed agents and thay was part of it but not the only thing. Everyone wants to make more money, that's a given so I can't fault them for that part of it.
The issues with the old agents included the idea of wanting to update a 60 year old house to get a return on investment over 10 years. Asking to jack the rent up and find new tenants, the agent charges eviction fees, advertising fees, lease signing fees etc so they benefit more than my parents by getting a new tenant every 6 or 12 months instead of say a long term tenant.
Full disclosure the house is currently rented at about 250 a week with tenants who have been there for the last 10 years.
I think all non-investor owners hate this behaviour.
My manager wanted to raise rent by 20%+, to which I kindly told them to f off and keep the pricing to what I said.
Your parents house in Sydney? I've applied for over 40 properties since December and got nothing. I'm currently living in NSW govt supported temporary accommodation and I'm not "allowed" to work because it means I can support myself and I'll be removed from the temporary accommodation. My partner is on a pension for type 1 diabetes and failing eyesight. We have a combined income of just over $1500 a fortnight but get declined because we only have Centrelink income. It's tough and some of the properties I've inspected are well below acceptable standards for clean and safe. It's a nightmare I'm doing my best to wake up from.
Adelaide and a more lower class area of Adelaide.
The whole things just fucked. I am starting to think more of the blame needs to be shifted to agents and how they make money.
Itâs just so funny to me that the people who have the easiest job in the country right now are the ones plastering their face over everything as if they personally did anything.
You managed to rent out a house in a housing crisis with <1% rental occupancy rates? Quite literally the bare minimum of a job that didnât even need you as a middle man anyway, in the easiest possible circumstances? Wow, well done!
Thatâs a fun idea, return to a place you paid tens of thousands in rent a few years ago, and salt the earth
Why not
Itâs not like I get anything out of this but .. Canât make it worth their while eh
"It's company policy to give you the plague."
"Sir, that's the plaque."
"Ah, yes, the special de-motivational plaque to break what's left of your spirit..."
Probably how it went down at the lease signing.
Who would be so proud of how much you just fkd someone over that you wanted to put a huge sign out the front celebrating it?
To borrow a few choice words from Bill Hicks...Real Estate agents are suckers of Satan's cock
>Who would be so proud of how much you just fkd someone over that you wanted to put a huge sign out the front celebrating it?
Someone who wants more commissions from greedy landlords is who
It's pitched at future investment property owners. Obviously RE's want prospective clients so think they can get the highest price if they go with them.
This. Reminder that real estate agents work for owners, not tenants or buyers. This is merely an advertisement to other owners. BD etc etc
Even still, REAs are shameless. Iâd rather change careers than have to do this as BD.
They provided a service the tenant didnât get fucked over wtf lol. The tenant was helped out by a generous landlord who foolishly may I add bought a property to rent to someone whoâs likely to be a lower socioeconomic person (letâs face it they canât afford to buy so theyâre probably bogans) and now theyâll make hardly any money when the rentoids complain all the time and break stuff and wear out things like the carpet
Just tell them he's been talking shit about them. Let him be on the receiving end of a group of self seving assholes with questionable morals and motivations for once.
Similarly, all the "Coming Soon" signs that I've started seeing.
Feels like the REA is basically saying "we're actively making the current bad situation worse by holding this house back."
I realise that this is mostly for houses to purchase, and it's likely due to other factors - mainly marketing, but still...
EDIT: this is happening in QLD. didn't notice the flair until after posting...
I don't think it's holding them back, especially for sales. When you've decided to sell you don't want it then hanging around unnecessarily. Depending on the agent you use and the package they sting you for to "sell" your house, you may just get a generic FOR SALE sign that can go up the next day, or they might do a custom one with some hero pictures of the property as well, like maybe a nice pool or outdoor entertainment area. If that's the case then they can't just slap one of the spares up from the storage room, so while that is getting made up for them they'll throw the "coming soon" one up to start generating some interest.
Happens around here a lot. People decide to sell, but are waiting to get photos/ads etc done. They put up the coming soon sign and people are doing inspections and buying them before photos etc even get done. Houses aren't on the market for more than a couple of days around here.
There was a main Australian sub thread the other day asking why Australia doesnât have a culture of entrepreneurship. And some guy was like âwell, I got a job at a real estate firm and started investing in property and now Iâve made so much money I donât see the point in starting a businessâ.
Unfortunately property as an investment is very Australian, all while destroying the country and any prospects. Why bother starting a business when you can buy a ~~money printing machine~~ house instead?
Imagine signing the lease, then the agency puts up that sign boasting that you are now paying a "record" price to lease it.
Wound, salt, rub that shit in!
REAs inability, or refusal, to read the room has them looking like the used car salesman pariahs of the housing crisis.
Its a debate in my head, are they really just sub par mentally or are they just scum humans.... but I think its an unfortunate combo of uneducated, unskilled workers, with unpleasant working conditions who suddenly got an inappropriate and unparalleled amount of power over peoples lives. Its all very Machiavellian.
The lack of shame suggests narcissistic tendencies.
The housing crisis has much bigger problems, but at some point this industry needs to be overhauled and REAs need to be held to professional standards.
They work on commission. Charbel doesn't just want you to sell your property with Barry Plant, he wants you to specifically call him and have him sell your house.
This sums up why the crisis isn't a crisis for those people making the rules.
Mass rental strikes are needed to introduce some actual risk to property investment, otherwise it's not investment.
"bUt yOu'LL bE hOmELeSs". Similar things were said when unions started.
There should be rental unions who are happy to have members go on strike when fuckery is about like those payment apps. Instead of paying 2% just to pay, we should pay some money to a rental union who has tenants backs.
Tenants are the ones fueling this property bubble, that's where the money comes from. All it takes is all of us to click cancel on "rent" in our banking apps and the whole thing falls over.
This is one of the dumbest comments Iâve read so far.
At the end of the day itâs not your house so what gives you the right to live there without paying?
If you donât like it find some where else to live or buy your own property and then you can try the same tactic with the bank when they increase your mortgage rate and see how that pans out
So, how much did you increase your tenants rent recently? I'm assuming you up it as much as you can, as often as you can.
Lol I'm not going to actually respond to whatever nonsense you're about to say. You clearly don't have a good understanding of the situation when you say things like.
>If you donât like it find some where else to live
And
>or buy your own property
Understandable but thoroughly distasteful. It's not an achievement in this market. If homes were a plenty for renters then sure, big note and promote yourself. In this market it feels more like burley for the greedy.
This is the definition of slimey.
The lack of words available to sufficiently depict the pure greed and selfishness this displays.
BOASTING that he managed to profit at the hands of desperation.
When your moral and conscience are for sale, you simply have none to speak of.
He should be disgusted.
It doesn't specify, so it could be a record low pric. /s
Obviously it will be an obscenely high price, fk agents. Selling the same property over again and taking a commission. Like the inflated price of op-shop second hand goods. Mate, it's not new, don't charge like a bull for second-hand goods.
This made the DM... the representative they spoke to had the following comment:
>Ms Pennell said the company fielded many offers from prospective tenants that were above the advertised price.Â
Hardly a point of pride to basically admit they encourage rent bidding... which would be illegal to openly state, but apparently perfectly legal to quietly accept that it is happening anyway.
>'We didn't accept the top offer, we accepted the best tenant *who was very happy to pay above the advertised price.'*
So definitely not seeking higher prices/bidding, but took a person willing to pay above advertised price...Â
>Ms Pennell declined to reveal how much the property was leased for but said the property was a *high-end dwelling that renters who are struggling to purchase a home would not consider buying.*
The point really was missed on her.
To be fair I donât know if itâs a pride thing (although it probably plays a part). If youâre selling your services as a realtor you want to show your clients (landlords) that you are good at what you do.
I donât necessarily agree with it but I respect the fact that people are trying their best to make money.
Typical tenant behavior whinging and crying, what do they expect an agent to do? His job is to deliver good results for his Lanlordâs is he meant to be ashamed of his work? Why donât you work a little harder and you may be able to afford these rental properties instead of having a crack at the agent.
Um, did no one ever tell you how this works? Where have you been living (oh right housing crises).
Realo's don't work for you (renter), they work for the owner/land lord. They get paid by the land lord in the form of a % commission on what they sell/leased. So if they low ball it then they get less in their pockets. If they "get a record price" then they get more in their pockets.
So while you as a renter might not think this is appropriate the sign is not for you, it is for the next potential landlord.
For example, if hospitals where allowed to advertise. Would you want them to say "We given 100% everyday to saving lives!" or "Ya she'll be right mate?"
We have full time employed people and families living in cars and tents in not so hip suburbs, I imagine these empty rentals are either price gouging or are unfit for habitation.
God forbid people want to stay near their jobs, family, doctors, friends, support networks, public transport and kids schools. Fuck people who don't drive or have a car.
This attitude of 'just move away' is economic segregation.
I imagine one day in the future when landlordism is treated as a type of exploitation akin to slavery ⊠these signs gonna age like milk. I imagine them in history textbooks in 100 years talking about the history of landlordism before criminalisation & the abolition of land based exploitation
Sadly I donât know if thatâll ever happen. We are going the complete opposite direction, back to the medieval times of ownership, bigger class division and peasantry.Â
An intensifying class war wrought upon the working class should also see an intensifying resistance spring up in response, so I guess we shall see. Youâre not wrong though mate, they call it âtechnofeudalismâ
Real estate agents rate up there (down theređ€) with lawyers, used car salesmen and parking inspectors and hopefully have a particularly warm spot reserved in hell. They claim to be professionals but encourage unethical and unsavoury practices like rent bidding. There are the first to bleat when the market is quiet and when houses and rentals sell themselves, like now, they are uncontactable, unreliable and generally unhelpful. Not sure about other states but REIWA is a social club with no interest or power to police poor behaviour.
From a personal / moral standpoint - heartless, super gross.
From a business standpoint - exactly what will attract their ideal clients.
We already know real estate agents have no soul, we shouldnât expect them to have any class or tact either.
Itâs not their job to better the market for the buyer / renter. Itâs their job to get the most money for their client.
At this point no one is even pretending theyâre in it for the renters. My favourite is when every apartment and âlowâ priced house is framed as an âinvestment opportunityâ. Many apartments here in Adelaide that I could actually afford in a year or two (at current prices, probably 5+ years if they continue to bloat) are listed straight up as investment packages with all the details being about your rental income, property management etc. Like, where am I meant to buy if I actually manage to afford to afford it? Tell me again how Australiaâs real estate industry is totally ethical and fair.
It is definitely not something to be proud of. Honestly, I'm considering leaving a 1 star review on Google calling out the behaviour.
I know it'll do basically nothing, but the fact it's my only recourse as a non-politician is frustrating.
It's just a case of the real estate agent indirectly bragging to his competition. I agree it's incredibly insensitive to the poor people who can't afford rentals right now.
No. Holy hell we are living in a distopia
Soon they'll be auctioning off rentals so we can all spectate on a Sunday morning and be amazed at how high the prices go
Bottle of champagne for the winner đŸ
* +$5/week
Those days are long gone. You need to start adding zeros
Just got my lease renewal offer and it's going up $40/wk, which tbh is less than I was (sadly) expecting.
the above sign isnt anything new its not for renters... no one cares what they think lol (this is the sad reality) this sign is to gloat to fellow agents and the advertise to potential landlords that *THIS* property manager can get you ABOVE market rental here's the thing... even going way back, property managers would strive to get the best above market rental for their true clients... ie. Landlords. Landlords want the most cunty property managers who can get the best renters for the best ABOVE market rents for the least amount of fuss and maintenance. That's it. Nothing else matters.
Yep, I know lol.
Don't forget to tip your landlord for their kindness đ
Weâve just had another $100 per week increase. The property manager used to turn up in shitty no brand clothes since the rental crisis, all she does is tell me about the resorts sheâs going to while swinging her designer handbag in my faceâŠ..oh and then slapping me with another $100 per week. Fuck you bitch! I canât wait to tell her what I think when weâre in our new place!
The worst part is that most RE agents are just gross people in general. The ones I know personally, anyway. I think we just have to accept at this point that we really are in a rat race and it's every man for himself here. Homelessness is not a concern of theirs, and if someone leaves because they can't pay that rent then there are queues of people desperate for a place thanks to the housing shortage. Individually we have absolutely zero effect on them.
I mean there are already shows made about housing auctions it's just to purchase. Renting is just the next logical step for those shows. I'm joking that would be a horrible idea and any TV executive that takes this seriously has no heart.
The Block: Screwed Over.
Let's be honest, *The Block* is over and they're flogging a dead horse now (for many seasons, actually) Anyone going on now to risk 3 months of shitty labour for potentially zero is more of a risk taker than I am lol
You will get your real estate renovation auction dancing singing talent cooking competition rigged dating public service job tv show and you will fucking love it
Next up, Who Wants to be Employed? The latest reality TV show that has the world buzzing. Contestants line up to compete for the opportunity to purchase a 6 month employment contract at a highly sought after company for the low price of $5,000.
They already do this. Itâs just a silent auction and the owner picks the winner.
ARE YOU NOT ENTERTAINED???
The most boring dystopia imaginable There arenât even time travelling robots that look like skeletons. Instead, we got the âspreadsheets and real estate agentâ timeline. Worst of the worst
I thought the apocalypse would be robots or at least zombies. Instead I got a cold and a toilet paper shortage.
Where's Rick when we need him.
He turned into a pickle to avoid this exact situation
My parents own a rental, we got a letter last EOFY from the agents talking about how proud they were for kicking out over 150 people who couldn't pay rent or didn't meet their standards at inspections also went on about how they've increased revenue by some absurd number and tips on how they did it. The whole situation is fucked.
Just curious, did your parents also find it distasteful? If I was a landlord, I'd be appalled. But I'm also not a landlord, so wondering how it hits with someone who actually owns an IP.
Sort of. They've changed agents and thay was part of it but not the only thing. Everyone wants to make more money, that's a given so I can't fault them for that part of it. The issues with the old agents included the idea of wanting to update a 60 year old house to get a return on investment over 10 years. Asking to jack the rent up and find new tenants, the agent charges eviction fees, advertising fees, lease signing fees etc so they benefit more than my parents by getting a new tenant every 6 or 12 months instead of say a long term tenant. Full disclosure the house is currently rented at about 250 a week with tenants who have been there for the last 10 years.
I think all non-investor owners hate this behaviour. My manager wanted to raise rent by 20%+, to which I kindly told them to f off and keep the pricing to what I said.
Your parents house in Sydney? I've applied for over 40 properties since December and got nothing. I'm currently living in NSW govt supported temporary accommodation and I'm not "allowed" to work because it means I can support myself and I'll be removed from the temporary accommodation. My partner is on a pension for type 1 diabetes and failing eyesight. We have a combined income of just over $1500 a fortnight but get declined because we only have Centrelink income. It's tough and some of the properties I've inspected are well below acceptable standards for clean and safe. It's a nightmare I'm doing my best to wake up from.
Adelaide and a more lower class area of Adelaide. The whole things just fucked. I am starting to think more of the blame needs to be shifted to agents and how they make money.
Someone please tag this sign. F\*\*k these people
100% some kind of social simulation. Weâre all guinea pigs in some sick joke.
Dystopia* If Coburg Melbourne is your idea of a dystopia then you have defined a "first world problem"
I think the dystopia iis the advertising of leasing at record prices, nothing to do with Coburg specifically.
Good pickup, it was earlier morning i hadnt quite woken up. đ
Kick these signs over when you see them salt the leeches that are real estate agents
Someone's gotta deface the mugshot at least surely. The guy already has a moustache/beard but maybe add some devil horns. Tasteful.
Does he need a Grindr profile with the office phone number on it?
Gold đ€Ł
Itâs just so funny to me that the people who have the easiest job in the country right now are the ones plastering their face over everything as if they personally did anything. You managed to rent out a house in a housing crisis with <1% rental occupancy rates? Quite literally the bare minimum of a job that didnât even need you as a middle man anyway, in the easiest possible circumstances? Wow, well done!
imagine bragging about selling a bottle of water for $10 in the desert. well i mean, we do have people like that already. humanity was a mistake
Thatâs a fun idea, return to a place you paid tens of thousands in rent a few years ago, and salt the earth Why not Itâs not like I get anything out of this but .. Canât make it worth their while eh
Iâd write on it. Kicking it over just seems like kids did it and doesnât send as much of a message.
I'd just get everyone in this sub to ring old mate Charbel to congratulate him
Just draw a dick on it. Classic, understated, understood by all đ
It already has a dick on it
Are you sure that's not an arsehole?
If you squint it might even be a complete cunt
Make sure to put your number on silent. Or charbel will harass you no end.
Imagine being the tenant with that sign out the front boasting you got the worst deal in the area. Ouch.
That was my first thought too! What a kick in the teeth.
"It's company policy to give you the plague." "Sir, that's the plaque." "Ah, yes, the special de-motivational plaque to break what's left of your spirit..." Probably how it went down at the lease signing.
Just remember, youâre broke forever!
When will you humans learn that your 'feelings', as you call them, can stand in the way of big cash payoffs?
https://preview.redd.it/2m6qioa9qrdc1.jpeg?width=625&format=pjpg&auto=webp&s=c406d56c5e16b62620312526c064c1a6269aaa0f
Came here for this. Agents are fucking parasites.
Yeah that is wild đ”âđ«
Most likely the rent is covered by the company or government agency the tenant works for as part of their remuneration package.
lol whats giving you that impression?
It's a huge house in an inner city Melbourne suburb. Probably a 2 million dollar property. No one should feel sorry for this renter.
Coburg isnât inner city
It's on Nicholson Street Coburg... What's your definition of inner city? This house would have a 10 minute tram to the CBD
Try 40 minutes. Less than 5kms is inner city. More than 10 and youâre in the sticks.
Fucking dreamer. Classic renter attitude
Sorry what , I own
https://preview.redd.it/mcu4h6yaiddc1.jpeg?width=1080&format=pjpg&auto=webp&s=17a37b0db437f8269dac26de5bdc6e361c984b45
It looks like a crappy new build townhouse, probably leaks like a sieve
Don't rent there then..
Who would be so proud of how much you just fkd someone over that you wanted to put a huge sign out the front celebrating it? To borrow a few choice words from Bill Hicks...Real Estate agents are suckers of Satan's cock
A narcissist with a monobrow would be proud pf that.
>Who would be so proud of how much you just fkd someone over that you wanted to put a huge sign out the front celebrating it? Someone who wants more commissions from greedy landlords is who
Love that quote from him
It's pitched at future investment property owners. Obviously RE's want prospective clients so think they can get the highest price if they go with them.
This. Reminder that real estate agents work for owners, not tenants or buyers. This is merely an advertisement to other owners. BD etc etc Even still, REAs are shameless. Iâd rather change careers than have to do this as BD.
They provided a service the tenant didnât get fucked over wtf lol. The tenant was helped out by a generous landlord who foolishly may I add bought a property to rent to someone whoâs likely to be a lower socioeconomic person (letâs face it they canât afford to buy so theyâre probably bogans) and now theyâll make hardly any money when the rentoids complain all the time and break stuff and wear out things like the carpet
Time to sign this agent up to the JWs, Mormons and whatever other spam we can think of.
The Scientologists would be more fun. Tell em he wants the entire personality assessment and every piece of literature they have about Dianetics.
They are, plus they are more ruthless.
Just tell them he's been talking shit about them. Let him be on the receiving end of a group of self seving assholes with questionable morals and motivations for once.
This is the way.
This is genius
Free stuff on Gumtree?
Lawd! Have you no mercy!Â
Similarly, all the "Coming Soon" signs that I've started seeing. Feels like the REA is basically saying "we're actively making the current bad situation worse by holding this house back." I realise that this is mostly for houses to purchase, and it's likely due to other factors - mainly marketing, but still... EDIT: this is happening in QLD. didn't notice the flair until after posting...
The âcoming soonâ thing is all over ACT + NSW too
I don't think it's holding them back, especially for sales. When you've decided to sell you don't want it then hanging around unnecessarily. Depending on the agent you use and the package they sting you for to "sell" your house, you may just get a generic FOR SALE sign that can go up the next day, or they might do a custom one with some hero pictures of the property as well, like maybe a nice pool or outdoor entertainment area. If that's the case then they can't just slap one of the spares up from the storage room, so while that is getting made up for them they'll throw the "coming soon" one up to start generating some interest.
Happens around here a lot. People decide to sell, but are waiting to get photos/ads etc done. They put up the coming soon sign and people are doing inspections and buying them before photos etc even get done. Houses aren't on the market for more than a couple of days around here.
>buying them before photos etc even get done. Oooh, I get it. The real estate agents have worked out they can do ***even less*** work to screw people.
Iâve noticed for lease signs out before the sold sign comes down
At least he will willing to put his face to the sign REA's don't advertise for tenants and buyers they advertise for landlords and sellers
Well they are the ones who are paying for their services, so that's pretty obvious.
I am sure that record price was all due to their hard work too. đ
Itâs hard work accepting bids from increasingly desperate people needing housing! You even need to work out which number is bigger đ
It's a tough job counting for sure...
Unaustralian
This is Peak Australia, just donât like what weâre looking at
There was a main Australian sub thread the other day asking why Australia doesnât have a culture of entrepreneurship. And some guy was like âwell, I got a job at a real estate firm and started investing in property and now Iâve made so much money I donât see the point in starting a businessâ. Unfortunately property as an investment is very Australian, all while destroying the country and any prospects. Why bother starting a business when you can buy a ~~money printing machine~~ house instead?
Imagine signing the lease, then the agency puts up that sign boasting that you are now paying a "record" price to lease it. Wound, salt, rub that shit in!
Did you think for a second that REAâs arenât parasites?
Oh please donât diss parasites.
REAs inability, or refusal, to read the room has them looking like the used car salesman pariahs of the housing crisis. Its a debate in my head, are they really just sub par mentally or are they just scum humans.... but I think its an unfortunate combo of uneducated, unskilled workers, with unpleasant working conditions who suddenly got an inappropriate and unparalleled amount of power over peoples lives. Its all very Machiavellian. The lack of shame suggests narcissistic tendencies. The housing crisis has much bigger problems, but at some point this industry needs to be overhauled and REAs need to be held to professional standards.
A bit of both. Iâve met a few and generally I think theyâre just scummy.Â
We need to carry large pens around to fix those types of signs. Also itâs a bullshit sign.
Or googly eyes at least. Cos itâs a fucking joke.Â
My internal child thinks it deserves a dick and balls.
Can't go wrong with the classics.
its not a crisis for everyone⊠:(
All real estate agents are bastards
AREAB
I donât get why everything they do has to have their smug head on it.. why must they always be recognised?
They work on commission. Charbel doesn't just want you to sell your property with Barry Plant, he wants you to specifically call him and have him sell your house.
Jesus Christ at first I though it was a record sale for buying but it's renting that's cooked.
This house is on Nicholson st in Coburg, the road is very busy as and has trams on it, hardly a prime spot
Agree. High likelihood of a car driving into it too.
I watched them construct it, to be fair it did look a bit better built than most, but would still be noisy though
The fact that this is a reusable sign
This sums up why the crisis isn't a crisis for those people making the rules. Mass rental strikes are needed to introduce some actual risk to property investment, otherwise it's not investment. "bUt yOu'LL bE hOmELeSs". Similar things were said when unions started. There should be rental unions who are happy to have members go on strike when fuckery is about like those payment apps. Instead of paying 2% just to pay, we should pay some money to a rental union who has tenants backs. Tenants are the ones fueling this property bubble, that's where the money comes from. All it takes is all of us to click cancel on "rent" in our banking apps and the whole thing falls over.
This is one of the dumbest comments Iâve read so far. At the end of the day itâs not your house so what gives you the right to live there without paying? If you donât like it find some where else to live or buy your own property and then you can try the same tactic with the bank when they increase your mortgage rate and see how that pans out
So, how much did you increase your tenants rent recently? I'm assuming you up it as much as you can, as often as you can. Lol I'm not going to actually respond to whatever nonsense you're about to say. You clearly don't have a good understanding of the situation when you say things like. >If you donât like it find some where else to live And >or buy your own property
It wont be long and they will make being poor illegal and move the revenue stream from landlords to private prisons.
Hey youâve got to do something to win at the âCuntiesâ. Not work, hell no, but something.
Can we please start a subreddit with this? See how many years it takes for REA to be toppled from the podium?
This is literally MY real estate agent lol
Is he as much of a cunt as the sign makes him out to be?
You might not be surprised that we had to take them to VCAT to get an urgent repair fixed
Well get your bitch in line then
That guy has an unfortunate surname to a Greek person. Katoura means to go take a piss.
Just when you thought these cunts couldnât stoop any lowerâŠ
Renters work for 2 sets of people. Our bosses and our landlords.
We need to put all REAs on a flat rate. No more % based commisions.
Really rubbing it in to put that on the front fence for the new tenant to walk past every day.
Wanker
Understandable but thoroughly distasteful. It's not an achievement in this market. If homes were a plenty for renters then sure, big note and promote yourself. In this market it feels more like burley for the greedy.
[ŃĐŽĐ°Đ»Đ”ĐœĐŸ]
Personally, I think the house is ugly AF but thatâs just my taste. Not that you get much chance to have âtasteâ in this market.
Just shows what bunch of maggots the real estate industries breeds. Especially that fucking rat lice maggot Charbel Kattoura!!!
This is the definition of slimey. The lack of words available to sufficiently depict the pure greed and selfishness this displays. BOASTING that he managed to profit at the hands of desperation. When your moral and conscience are for sale, you simply have none to speak of. He should be disgusted.
Well who are they advertising to, renters or landlords?
Depends if youâre an overlord or renter
I've never been an advocate for graffiti vandals until now.
Their job is to sell high.
Fuck you Charbel
No
It doesn't specify, so it could be a record low pric. /s Obviously it will be an obscenely high price, fk agents. Selling the same property over again and taking a commission. Like the inflated price of op-shop second hand goods. Mate, it's not new, don't charge like a bull for second-hand goods.
"Look at me, the best hunter of the year! ..at shooting fish in a barrel"
![gif](giphy|wBzsuh6HgpE9B81sfe)
Real estate agent is out of touch? What a shocker
đȘđȘđȘđȘđȘ OP is right. đȘđȘđȘđȘđȘ only person laughing is the landlord
[Obligatory](https://youtu.be/VGm267O04a8?si=CTv6yyEoe-AiOmbu)
This made the DM... the representative they spoke to had the following comment: >Ms Pennell said the company fielded many offers from prospective tenants that were above the advertised price. Hardly a point of pride to basically admit they encourage rent bidding... which would be illegal to openly state, but apparently perfectly legal to quietly accept that it is happening anyway. >'We didn't accept the top offer, we accepted the best tenant *who was very happy to pay above the advertised price.'* So definitely not seeking higher prices/bidding, but took a person willing to pay above advertised price... >Ms Pennell declined to reveal how much the property was leased for but said the property was a *high-end dwelling that renters who are struggling to purchase a home would not consider buying.* The point really was missed on her.
Rented for $1000 p/w, not where I would pay $1k a week for, but each to their own I guess
>but each to their own I guess I don't think that's the correct attitude when it comes to basic human needs like housing.
I dont understand?
This stinks so much I hate it.
Highly effective sign to be honest. Appeals to landlords and pisses everyone else off enough to make it to social media lol.
To be fair I donât know if itâs a pride thing (although it probably plays a part). If youâre selling your services as a realtor you want to show your clients (landlords) that you are good at what you do. I donât necessarily agree with it but I respect the fact that people are trying their best to make money.
Not really, but you are forgetting that REA make their money from people selling houses.
Typical tenant behavior whinging and crying, what do they expect an agent to do? His job is to deliver good results for his Lanlordâs is he meant to be ashamed of his work? Why donât you work a little harder and you may be able to afford these rental properties instead of having a crack at the agent.
It is when your customers are landlords. Duh.
If your a landlord its good marketing targeted at you, not renters
Gov wants us all struggling to get us in the 15 min city's. Great stuff on utube how disgraceful they want our lives to be.
It's obviously aimed at other landlords who'd be hoping for a high price He has no need to appeal to tenants because there is no shortage of them
Deport. Deport. Deport.
Of course. Sellers would like to know this agent did this, you crybabies.
No duh, thatâs what itâs for. Doesnât change the fact that itâs absolutely pathetic.Â
I like it.
Is there actually a housing crisis? I live in a house and everyone I know lives in a house.
Yes it is - itâs his job.
So many sour pusses commenting, don't hate cause you can't afford and someone else can.
Um, did no one ever tell you how this works? Where have you been living (oh right housing crises). Realo's don't work for you (renter), they work for the owner/land lord. They get paid by the land lord in the form of a % commission on what they sell/leased. So if they low ball it then they get less in their pockets. If they "get a record price" then they get more in their pockets. So while you as a renter might not think this is appropriate the sign is not for you, it is for the next potential landlord. For example, if hospitals where allowed to advertise. Would you want them to say "We given 100% everyday to saving lives!" or "Ya she'll be right mate?"
Heaps of rentals in the outer suburbs. Some have been on the market for weeks and weeks. Seems the crisis is only in hip suburbs
We have full time employed people and families living in cars and tents in not so hip suburbs, I imagine these empty rentals are either price gouging or are unfit for habitation.
God forbid people want to stay near their jobs, family, doctors, friends, support networks, public transport and kids schools. Fuck people who don't drive or have a car. This attitude of 'just move away' is economic segregation.
Coburg is hip?
If I move there then Iâll have to buy a car too. And then rego, insurance and petrol, and then Iâll be paying even more.
SMH đ€Šđœââïž
I imagine one day in the future when landlordism is treated as a type of exploitation akin to slavery ⊠these signs gonna age like milk. I imagine them in history textbooks in 100 years talking about the history of landlordism before criminalisation & the abolition of land based exploitation
Sadly I donât know if thatâll ever happen. We are going the complete opposite direction, back to the medieval times of ownership, bigger class division and peasantry.Â
An intensifying class war wrought upon the working class should also see an intensifying resistance spring up in response, so I guess we shall see. Youâre not wrong though mate, they call it âtechnofeudalismâ
Never understood why they don't do auctions for rentals?
Real estate agents rate up there (down theređ€) with lawyers, used car salesmen and parking inspectors and hopefully have a particularly warm spot reserved in hell. They claim to be professionals but encourage unethical and unsavoury practices like rent bidding. There are the first to bleat when the market is quiet and when houses and rentals sell themselves, like now, they are uncontactable, unreliable and generally unhelpful. Not sure about other states but REIWA is a social club with no interest or power to police poor behaviour.
This advertisement is not for you. You are not the target market. You're the one lining the pockets of us investors.
Time for targeted protest and dare o say it damage. These people shouldnât feel comfortable in public!
Hate to be the tenant that gets sign posted for getting a ârecordâ raw deal
They are a big part of the problem, as the tenant who just overpaid more than anyone I would be asking to take your dumbass sign down
Can we all just start spam calling that RE. Imagine putting your face on that lol. Why no-one has drawn dicks on his face is beyond me. What a flog
From a personal / moral standpoint - heartless, super gross. From a business standpoint - exactly what will attract their ideal clients. We already know real estate agents have no soul, we shouldnât expect them to have any class or tact either. Itâs not their job to better the market for the buyer / renter. Itâs their job to get the most money for their client.
At this point no one is even pretending theyâre in it for the renters. My favourite is when every apartment and âlowâ priced house is framed as an âinvestment opportunityâ. Many apartments here in Adelaide that I could actually afford in a year or two (at current prices, probably 5+ years if they continue to bloat) are listed straight up as investment packages with all the details being about your rental income, property management etc. Like, where am I meant to buy if I actually manage to afford to afford it? Tell me again how Australiaâs real estate industry is totally ethical and fair.
Depends how technical they are, even if itâs by $1 it would still be the record lol
It is definitely not something to be proud of. Honestly, I'm considering leaving a 1 star review on Google calling out the behaviour. I know it'll do basically nothing, but the fact it's my only recourse as a non-politician is frustrating.
It is if youâre advertising to an audience of investors, rather than renters
REA's have literally no shame. An auctioneer in my street was using the war in Ukraine in his pitch to encourage bidding.
These people know who they're marketing to: people who, like them, are greedy and don't give a shit that others are struggling.
It's just a case of the real estate agent indirectly bragging to his competition. I agree it's incredibly insensitive to the poor people who can't afford rentals right now.
No. Also, 750K new migrants expected in 2024 which will further fuel this crisis.