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Discussion in 'Real Estate' started by Jacque, 15th Jun, 2006.

  1. Jacque

    Jacque Team InvestEd

    16th Jun, 2005
    Interesting article in yesterday's SMH about Neil Jenman and his past. I actually didn't know the following:

    "In 1993, Neil Jenman set himself a challenge. The real estate consumer advocate wanted to see if he could make $1 million in one week. So he organised a five-day real estate training seminar at Sanctuary Cove, charging $10,000 a head, and sold 118 tickets"

    Wow! Wouldn't have been one of the cheaper courses around at the time :eek: Guess I was lucky, then, to pick up all the audios from this course at my local library sale a few yrs ago for $1 :D

    The article goes on to discuss his epiphany from the realisation of the making of excess money :D and how he was inspired by the writings of the doctrine of Enough, a theory developed by the British management theorist Charles Handy on how making more and more money is not the key to personal fulfilment.
  2. Jenny

    Jenny Well-Known Member

    15th Aug, 2005
    Neil Jenman - who is this guy?? Should I know about him? Is he still prominent or has he settled into enoughness?

  3. Medine

    Medine Active Member

    22nd Aug, 2005
    Hi Jacque,

    Did the tapes sound like there was $10,000 of value at the seminar? Very impressive example of energy following thought!!

    Hi Jenny,

    Neil Jenman started a philosophy of "ethical" real estate agents (and, of course, charged a franchise fee for this!!) in the 1990s, when auctions were becoming popular. One of their basic philosophys was to offer homes for private sale only. I never used them, but had some clients who did and felt that they had varied success.

    Cheers, Medine
  4. TryHard

    TryHard Well-Known Member

    17th Aug, 2005
    From what I have seen of him, his initial intentions may have been well-founded, considering some of the scams involving property in the deep dark past. Reading his stuff really struck a cord in the early 90's (ish, if I remember rightly) when it was really hard turning over anything for a decent price.

    These days, every now and then a 'quality' current affairs show or two (choke) needing some scare value wheels him out to wax lyrical about how completely underhanded the entire property industry is. I think his rhetoric might have got a bit trodden on by the property boom :p - sellers having to pay $300 too much advertising probably don't care so much when they are making 300% capital gain :)


    PS * edit * oops sorry just read Medine's post properly - it was the early 1990's then :)
  5. shake-the-disease

    shake-the-disease Well-Known Member

    9th Jun, 2006
    I recently sold my PPOR. During the time we were interviewing and selecting an agent, we interviewed a local Jenman agent. It was an experience I'll never repeat nor forget. Let's just say I found it difficult to get them out of my house. My house ended up being sold for $180k more (obviously through a different agency) than the Jenmans agents suggested initial asking price.

    I'll let you join the dots on what their tactics and ethics truely are.
  6. Simon

    Simon Well-Known Member

    17th Sep, 2005
    Jenman has got famous trading on the average persons fear of Real Estate Agents. We all know someone who has a story. He seems to have dropped from public sight lately.

    Bit like Pauline Hansen traded on the unspoken xenophobia of the average Queenslander - please explain?

    After Jenman pilloried two lovely friends of mine he has lost any respect I may have had. These two are the kindest folks you could meet yet he made them into monsters.