In the past 18 months somewhere in the vicinity of 12-15 homes have sold in the street in which I live.
Even in a conservative frame of mind, $300,000-$400,000 has been earned in commission. Yet, every home – except on one occasion – has been sold by different agents.
Not one agent phoned me, nor door knocked me, nor advised me of these sales.
What this reinforces is the old saying, if everyone does the same thing, you end up with the same result. You see, none of the agents did anything and they all ended up with the same result.