Current Market Insights

Harris Partners Real Estate

The Current Market Insights Podcast is brought to you by Harris Partners Real Estate. Understanding the property market can be a challenging thing, with highs and lows, twists and turns. The media and agents tend to spread the news they want you to hear, with the advice they want you to follow. Current Market Insights is an unbiased look into what is happening, what tips you can use to buy, sell, or rent, and that you wont find anywhere else.

  1. 6 HRS AGO

    Episode 115: Sydney Real Estate Faces A Trust Reckoning After A 10-Year Ban

    A ten-year ban doesn’t just end one agent’s career. It detonates a trust problem that’s been sitting in plain sight across Australian real estate for years. Ciaran O'Brien sits down with industry veteran Peter O'Malley to unpack why the Josh Tesolin case has triggered a genuine public brawl between high-profile agents, trainers, and business leaders, and why the loudest arguments aren’t really about personality, they’re about power, money, and credibility. We get specific on the mechanics that matter to consumers: how underquoting becomes normalised, why it can look “strategic” in a hot market, and why it turns ugly when incentive fees enter the picture. Peter explains the moment many people stop seeing it as sales theatre and start seeing it as misconduct: vendors being told there’s no buyer interest, then being pushed into paying a bigger commission, only to learn demand was strong all along. From there, we switch to practical guidance for anyone selling a home in NSW or anywhere watching these reforms closely. With auction clearance rates softening, the old tricks can backfire fast, and regulators like NSW Fair Trading are increasingly focused on price guides, compliance, and the digital footprint of campaigns. If you’re hiring an agent, we share the questions worth asking so you can protect your price, your timeline, and your peace of mind. If this helped, subscribe, share it with a friend who’s selling, and leave a review so more Australians can find straightforward property advice. Send us Fan Mail As always if there is a specific topic you would like for us to cover, please reach out and let us know!

    26 min
  2. 19 APR

    Episode 114: Sydney Market Confidence Breaks

    Sydney feels like it has hit a new gear, and not the fun kind. Buyer confidence has slipped hard, open home crowds have thinned out, and auction clearance rates are now printing numbers many people have not seen in years. We sit down and get specific about what that looks like on the ground, from the way buyers are negotiating to the brutal reality of properties that simply cannot find competition, even after price guides move. We also pull apart what’s driving the hesitation. Interest rate risk is back in focus, with the RBA and inflation sitting over every borrowing decision, while global shocks and supply chain fears add another layer of uncertainty. Then we zoom out and ask the bigger question: if this is a downturn, why hasn’t Sydney property collapsed? We cover the key supports still holding the market up, including high immigration, rapidly rising Sydney rents, the eye watering cost of renovations, and the fact that unemployment remains steady for now. Finally, we dig into the politics that could reshape the next phase, especially talk of capital gains tax changes aimed at property investors. If investors exit, does that free up homes for owner occupiers, or does it pour fuel on the rental crisis and make saving a deposit even harder? If you’re buying, selling, investing, or renting in Sydney, this conversation connects the dots across housing affordability, tax policy, and real world market behaviour. Subscribe, share this with someone arguing about house prices, and leave us a review with your own read on the Sydney market. Send us Fan Mail As always if there is a specific topic you would like for us to cover, please reach out and let us know!

    33 min
  3. 6 APR

    Episode 113: The Underquoting Crackdown Is Here

    The New South Wales government just tabled legislation that could fundamentally change how real estate agents operate. Fines are tripling, agents will be forced to publish a price on every listing, and a new statement of information will create a paper trail that makes underquoting almost impossible to hide. In this episode Peter O'Malley breaks down what the proposed bill actually says, why the days of "price on application" are numbered, and how the government is quietly laying the tracks to prosecute agents who have been getting away with this for years. If you're buying, selling or even just watching the market, this is essential listening. You'll learn why agents underquote in the first place and why it works so well, how the new statement of information creates a trap for agents who advertise one price and expect another, and why properties passing in more than 10% above the guide will now trigger government scrutiny. Peter also shares a real example from this week of an agent quoting 2.6 million on a property where the seller wants 3.1 million and explains why that kind of behaviour is exactly what this bill is designed to catch. Whether you're about to list your home or you've ever felt misled at an auction, this episode shows you what's changing and what to watch for so you're not the one left exposed. Send us Fan Mail As always if there is a specific topic you would like for us to cover, please reach out and let us know!

    29 min
  4. 4 MAR

    Episode 109: From Offers To Exchange: Protecting Yourself In NSW Property Deals

    In this episode of Current Market Insights, Ciaran O’Brien and Peter O’Malley unpack the part of buying in NSW that most people think they understand, until it gets real. Offers are easy. Exchange is the moment it becomes binding. And the pathway you choose changes everything.   They break it into the non binding world of verbal, letter, text, and email offers, versus the binding options where a contract is actually signed. Cooling off gets explained in plain English, including why it is designed to balance risk and why pulling out costs you 0.25% of the purchase price. Then they get into 66W and what it really means to waive your right to cool off and go unconditional. From there, they talk about why agents push to move you from offer to contract, how gazumping happens right up until exchange, and why the modern, frictionless digital signing process can make people feel safe when they are anything but safe. To bring it to life, they walk through the Wallara case discussed in the media. A $10.6 million sale, a deposit that was not actually there, a bounced cheque, a $100,000 transfer, and a vendor who says she only found out the full story weeks later. They also cover what happens when a buyer fails to complete, including penalty interest, the 14 day notice to complete, and why people misunderstand open ended damages. Send us Fan Mail As always if there is a specific topic you would like for us to cover, please reach out and let us know!

    33 min

About

The Current Market Insights Podcast is brought to you by Harris Partners Real Estate. Understanding the property market can be a challenging thing, with highs and lows, twists and turns. The media and agents tend to spread the news they want you to hear, with the advice they want you to follow. Current Market Insights is an unbiased look into what is happening, what tips you can use to buy, sell, or rent, and that you wont find anywhere else.

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