Tell me lies, tell me sweet little lies….
Just don’t tell me the two most common lies of real estate. When a sales agent is asked to price a property for market, they know they must impress the owner in order to obtain the listing. After all, first impressions are everything in a cutthroat industry like real estate. But it is a fine…
The Property Market Crash?
There has been ‘talk’ ever since I can remember about how and when the property market will crash here in Australia. But contrary to popular speculation this is highly unlikely to happen because of the key crises which would have to take place in order to take down a property market such as ours. For…
EOFY Investment Property Sales
If you’re thinking of selling your investment property, the end of financial year is the perfect time to sit down and get your affairs in order. Start by calculating what the cost of keeping your investment might look like, it could help you decides to sell now or hold on to your investment. First think…
Clayfield’s 6 Biggest Sales – Sure to Impress!
9 Roseby Avenue Clayfield $1,203,500 – 18 Apr 2019 Built in the late 1890’s the 3 bedroom “Duntulm” is a delightful example of Victorian-era Grand Colonials. The previous owners were clearly enamoured with her romantic features as this was the first time the property had sold outside the family in 35 years! 10 Union Street…
Winter is Coming … Markets, Politics & Investment Blues…Come in From the Cold
Despite the drop in temperatures outside, it seems to us that there is a glimmer of warmth in the post-election investment property market. With proposed policies to wind back negative gearing & capital gains tax incentives, market instability, plummeting house prices, all central issues in this election cycle, there were some ‘icy road’ policies in play and it appears the Liberal…
My last auction – What actually happens at auctions
I recently attended my first property auction and I hope to God it is also my last. My grandmother has recently downsized and put her home of 40 years up for sale. The property was for sale with us for about 3 months by private treaty where it was listed for $1.2m. We didn’t find…
The End For Purplebricks Australia
As many of us have already heard, The “No Commission” Real Estate Company Purplebricks has announced its inevitable withdrawal from the Australian market. If you recall, we had already begun observing the cracks in the purple wall back in November last year. But now, Vic Darvey, the companies CEO has made the “difficult decision” publicly…
An independent valuer is invaluable!
Particularly when you’re a seller suffering from the endowment effect. If you’re selling your much loved home and expecting an honest assessment from your sales agent, think twice before you take their word as gospel. Just because you’ve been given the answer you want to hear, doesn’t mean it’s accurate, in fact it’s probably anything…
Are you choosing the right agent?
When it comes to selling your property, the rule is: NEVER pay any agent under any circumstances until your home is sold for the price you want. In theory, it’s easy enough to remember, but implementing the idea can be hard, especially if you have a particularly persuasive sales agent on your hands! Follow this…
Are you your own toughest competitor at auction?
We all get nervous and make mistakes under pressure. Auctions are no different but when you’re battling it out with thousands of dollars on the line, it’s best to minimise the slip-ups. Bidding against yourself might not seem like something you could just accidentally do, but believe us it happens more often than you’d think!…
