216 blog posts Filter

The Blog

Selling for More in 2024

March 14, 2024

Uncategorized

Whilst every property has a fundamental value, the odds of outperforming the market price can be increased, by adopting some simple yet effective strategies. Presentation The modern buyer is time poor and adverse to spending additional money on a property post settlement. Many buyers subconsciously overstate the cost of works and wipe the inflated figure […]

What We Know 2024... so far

February 29, 2024

Uncategorized

Assessing where property markets are headed for the forthcoming calendar year is difficult in the first 8 – 10 weeks of 2024. January is the least active month of the year, with most auctions beginning from February onwards. Here’s what we know so far however, about the 2024 property market: The  rental crisis January may […]

How does migration affect the housing market?

February 15, 2024

Uncategorized

Overseas migration is often blamed for being one of  the primary reasons influencing the housing market, but there are so many other factors driving property values. Historical data indicates that more than  two in three  migrants become renters. This means overseas migration most immediately impacts the rental market rather than purchases. This reaffirms the upward […]

What’s ahead for property in 2024

February 2, 2024

Uncategorized

Is the property set up for strong growth? As we look ahead to the property market in 2024, it’s clear that we are at a pivotal moment.  The market has experienced a period of stability, but signs of growth are beginning to emerge.  In some places, in particular, property values have started to increase, despite […]

The Story of the Chinese Farmer by Alan Watts

January 19, 2024

Uncategorized

Alan Watts was an influential philosopher who gave lectures at universities across the United States. We’re lucky most of these lectures can be found on YouTube — one of these is “The Story of the Chinese Farmer,” which is my favourite. I read somewhere it’s originally a Chinese fable. But I think it doesn’t really […]

Underquoting is now... worse than ever

December 22, 2023

Uncategorized

Regulatory efforts to control underquoting have failed. Although there are laws prohibiting an agent from overestimating a price to a vendor and underquoting a purchaser, the practice of underquoting is still rife in many areas and getting worse. Some agents have gone from underquoting by 10% to quoting 20% – 25% below what could be considered […]

Five property management ‘musts’ ahead of the holidays

December 8, 2023

Uncategorized

Holidays! It’s time to celebrate! But not before taking care of these five property management ‘musts’! It’s that time of the year – when thoughts turn to celebrating and vacationing. But just because the business year is winding down, it doesn’t mean you can forget about your rental. Whether you’re planning on taking off for […]

Buyer Beware…

November 24, 2023

Uncategorized

Common Issues Buyers Don’t Consider Agents and vendors have an obligation to a point to disclose material facts to prospective buyers. This is usually done in the agent’s marketing and the Contract of Sale, which is prepared by the vendor’s conveyancer/solicitor. There are common issues that are not considered by home buyers and are not […]

Protect yourself at all times.

November 10, 2023

Uncategorized

In the world of boxing, just before the opening bell signals the start of a bout, the referee imparts a simple yet crucial command to both fighters: “Protect yourself at all times.” To those unfamiliar with the intricacies of the sport, this directive might appear to be a call to maintain a strong defensive stance […]

How’s the Market?

October 27, 2023

Uncategorized

Demand continues to exceed Supply The mortgage cliff may be impacting household expenditure, but it’s not impacting the property market, at this stage. In a nightmare scenario for the RBA and a welcome surprise for vendors, property prices continue to drift higher. The overriding element playing out in property markets across the country is a […]

The (agent’s) Holding Yard

October 13, 2023

Uncategorized

Getting consensus on what constitutes an ‘off market’ listing is  difficult. Almost every agent  has a different definition compared to the previous. Defining the true benefit to the seller of  an ‘off  market listing’ is  equally difficult. Some agents will claim the seller can save on advertising costs, others will claim you can get a […]

Selecting the RIGHT tenant... for your investment property

September 28, 2023

Uncategorized

Selecting the right tenant for your property is crucial. Whilst the agent has a right to offer a view on the respective applicants, ensure that the final approval rests with you as the landlord. When you are selling, attaining the highest possible price is the only game in town. However, when you are leasing your […]

Embracing Change: When to downsize your home sweet home

September 14, 2023

Uncategorized

Change is a constant companion in our journey through life. Our needs, priorities, and circumstances evolve as we traverse the various stages of our existence. One such transition that many of us will inevitably face is the decision to downsize our beloved abode. While the idea of parting with a home that holds cherished memories […]

Exploding the auction myth

August 31, 2023

Uncategorized

It is a long-held myth that public auctions outperform controlled negotiations as a selling method. Sure, on very rare occasions when there is a bidding frenzy in a strong market and two or more buyers are determined not to be outbid for the property, a stunning price above expectations may be achieved. Could a better […]

Stock levels and prices rise in unison.

August 17, 2023

Uncategorized

Stock levels, property prices, and sales volumes rose as interest rates were kept on hold in both July and August. Many economic indicators are beginning to reflect a change in consumer behaviour, but the resilience of the property market has left many, including the RBA, surprised. There is little doubt that the impact of the […]

Can You Put That in Writing?

August 4, 2023

Uncategorized

When it’s time to sell, like most people, you will probably speak with a few real estate agents to get their respective views on how best to market and price your property. During the agent selection process, you will get a wide degree of variance from the agents on the expected selling price and service […]

Stock Surge

July 21, 2023

Uncategorized

How will the market perform with higher stock levels? Now the 2022/23 financial year has closed out, it is fair to say it has been a rollercoaster ride for buyers and sellers. And there is still a lot more to go on this joyride. In late 2022, in some area’s prices were down 15% from […]

Priced pitch perfect

July 7, 2023

Uncategorized

There have been many exceptional sales in 2023, demonstrating there is still excellent buyer demand in the market. Year to date, some sales have outperformed the market conditions, some have been at market price – whilst other results have underperformed. Aside from Presentation and Process of Sale, Price is the third major variable that determines the ultimate success […]

How’s the Market?

June 23, 2023

Uncategorized

Lots to watch, and much to ponder…. The true status of the property market is not easily understood at present, mainly due to historically low stock levels. As the Mortgage Cliff that was meant to derail the housing market looms, many buyers are surprised to find themselves in competitive bidding situations for the best listings. […]

The three outcomes at Auction

June 9, 2023

Uncategorized

At an auction there are typically three possible outcomes on the day. Great competitive bidding that goes above the reserve and the property is successfully sold. There is some bidding, but the reserve is not reached, and the vendor then has a decision to make. Nothing – no bids, the property is passed in. With […]