Well it certainly seems this way, where I'm currently working for a couple of clients in Sydney's western suburbs. 1-7 days on the market- a handful of inspections (if that) result close to or just under asking price. A no. of agents I know are simply turning up to the first open, handing out brochures (in some cases they're not even bothering to print these up) and sitting back and waiting for the offers. Easy as pie I'm just surprised there's still so few private sellers.