The Emotional or Financial purchase

During your property journey, there may come a time when you consider a particular property because it satisfies an emotional need rather than a financial need. An Emotional Property purchase may be: Apartment Holiday house Farm Townhouse Snow chalet Flat House and land package A Financial Property purchase may be: Period home on 700 sqm of land A property whereContinue reading “The Emotional or Financial purchase”

A flexible approach could help vendors get a better result

As the market re-opens, agents and vendors will use a variety of sales methods. Is the classic process of listing, marketing campaign, then zoom auction going to be the best strategy for vendors to sell their property after the recent COVID 19 shutdown? Vendors will need a flexible approach to achieve the best outcome, andContinue reading “A flexible approach could help vendors get a better result”

Is your pool and spa registered? November 1 is the deadline.

The Victorian Government has introduced mandatory registration for pools and spas commencing November 1 2020. Registration: Why take this step to register pools and spas? It’s part of a new process to ensure all pools and spas comply with building and pool regulations. Right now the State Government estimates there are 222,000 pools and spasContinue reading “Is your pool and spa registered? November 1 is the deadline.”

Would you buy a property sight unseen?

It’s an interesting question. There are many examples of purchases sight unseen, the most common being new off the plan residential towers. In the past, for new properties, this has been quite normal with local and overseas buyers prepared to buy based on the developers marketing materials.  But let’s talk about today under the currentContinue reading “Would you buy a property sight unseen?”

Can’t find the house you want? Here’s why and what to do about it.

Been wondering why you can’t find the house you want? Ok we know about “the now” – during the COVID-19 enforced shutdown there are almost no new listings. And when you go back to the end of 2019, Inner Melbourne median house prices surged, up 5.0% Q4 vs Q3 according to REIV data. However, itContinue reading “Can’t find the house you want? Here’s why and what to do about it.”

Who owns the marketing photographs of your property?

We recently came across a couple of client issues relating to property photography. Scenario 1  A client was perplexed that an agent selected the same photos for a new listing today that were used in the sale of their house five years ago!  However, the five-year-old photos are the property of the vendor who paidContinue reading “Who owns the marketing photographs of your property?”

Buying Properties as Foreigners and Immigration today.

With Australian borders currently closed to immigration, I have been looking at my crystal ball to see what impact this may have on the property market, as now one in three Australians were born overseas. As part of my research, I found the following Jack Derwin of KPMG Business Insider Australia makes the following observations: https://www.businessinsider.com.au/australia-international-border-closures-cost-migration-2020-8 Continue reading “Buying Properties as Foreigners and Immigration today.”