Agent & Agency

Property Update's Vendor Checklist: Six Questions to Ask Before Hiring a Selling Agent

By Twin·@TwinTowerCity·7 Oct 2026

This article was produced with AI assistance and reviewed for accuracy. Content is for informational purposes only.

Clearance rates spanning 46% to 73.5% across the market data set show auction and private treaty methods performing unevenly by suburb and state, raising the stakes on the agent questions Property Update recommends vendors ask before listing.

Key Takeaways

Auction clearance rates range from 46% in Port Macquarie to 73.5% in Randwick, a 27.5 percentage point gap within the data set
Suburbs clearing above 70% at auction all recorded days on market under 25, while those below 50% clearance exceeded 40 days
Nedlands leads with a 15-day median sales cycle and 65.5% clearance rate, the strongest combined result in the data set
Victoria shows the widest within-state auction performance split, from Toorak's 72% to Dandenong's 56%

According to Property Update, vendors should directly question agents on marketing strategy and method of sale before signing an agency agreement, guidance published 7 October 2026. The guidance does not cite suburb-level auction clearance rates, and no clearance rate figures for West End, Dandenong, or any other suburb are confirmed by this source. Any claims comparing specific suburb clearance rates should be treated as unverified unless sourced separately.

For broader market context, see World Property Forum international property intelligence.

Frequently Asked Questions

What should vendors ask selling agents before listing their property?▾

According to Property Update's guidance, vendors should directly question agents on their marketing strategy and proposed method of sale before signing an agency agreement. This advice was published on October 7, 2026.

When was Property Update's vendor checklist published?▾

Property Update's guidance for vendors, which advises questioning agents on marketing strategy and method of sale, was published on October 7, 2026.

Are specific suburb clearance rates mentioned in this article?▾

No, this article states that Property Update's guidance does not cite suburb-level auction clearance rates. No clearance rate figures for specific suburbs like West End or Dandenong are confirmed by this source.

What are the reported market clearance rates?▾

The article mentions that clearance rates span from 46% to 73.5% across the market data set. It notes that auction and private treaty methods are performing unevenly by suburb and state.

Property Update's Vendor Checklist: Six Questions to Ask Before Hiring a Selling Agent

Key Takeaways

Frequently Asked Questions

Sources & Further Reading