What To Look For In Choosing a Selling Agent?

As Vendor advocates, one of our roles is to advise on agent selection. We meet and collaborate with numerous selling agents in the role, but some real estate agencies and selling agents stand out more than others.  What To Look For In Choosing a Selling Agent 1.   Knowledge: A selling agent must be an expert inContinue reading “What To Look For In Choosing a Selling Agent?”

Online Auctions vs. onsite auctions

In our experience so far, online zoom style auctions appear to be achieving the same results as onsite auctions and no barrier to achieving the desired result.  We still like onsite auctions – who doesn’t, with the theatre and the buzz around a freshly prepared property. After all, generally speaking, properties are at their best on auction day –Continue reading “Online Auctions vs. onsite auctions”

Baby Boomers are helping their children buy properties.

The Melbourne property market is forever evolving – a good example is how agents adapted to online Zoom auctions during the COVID lockdown. Another dynamic change we are seeing is the effect Baby Boomers are having on the property market. There are over 5.0 million Baby Boomer Australians aged 57-75, one of Australia’s largest populationContinue reading “Baby Boomers are helping their children buy properties.”

Are some “off-market” sales the new Expression of Interest? 

There seems to be more “off-market “sales now but are they just de-facto Expressions Of Interest? In the past, off-market sales were pretty straightforward. The agent called several potential clients and buyers advocates with the details and price, and if the price was met, the property sold. But in today’s market conditions, where sales prices canContinue reading “Are some “off-market” sales the new Expression of Interest? “

The Ballarat property update

Regional living has received plenty of coverage from the Melbourne media during the COVID outbreak. Stories of “mass migration” to our major regional centres give the impression that the opportunities to either invest or be an owner-occupier are limited.  Besides Greater Geelong, Ballarat is our largest and closest major regional city. Ballarat offers excellent infrastructureContinue reading “The Ballarat property update”

Attention property investors! Ignore the new Residential Tenancies Act at your peril

Here’s an excellent summary published by the REIV on the Residential Tenancies Act changes we wanted to share with you written by Gil King, CEO, Real Estate Institute of Victoria The looming changes to the Residential Tenancies Act (RTA) in Victoria are significant, and it’s critical for landlords to get across them. Symbolic of theContinue reading “Attention property investors! Ignore the new Residential Tenancies Act at your peril”

Is it better to sell my investment property with or without tenants?

What are the pluses and concerns of selling your property with or without tenants?   Generally, a tenant does not present a property at the same level as a vacated or professionally styled property. This leaves the property owner to guesstimate if the loss of rent (possibly four to five months) will be surpassed with anContinue reading “Is it better to sell my investment property with or without tenants?”

What is an acceptable deposit when buying real estate today?

The Reserve Bank governor Michele Bullock has signalled the end of cheques approaching with COVID speeding up digital banking and hastening the decline of old fashioned paper payment methods. “The level of cheque usage has now fallen to such low levels that there is an active discussion about the future of the system.”  How can you pay aContinue reading “What is an acceptable deposit when buying real estate today?”

Some outstanding results in A Grade suburbs

A-grade properties tick all the boxes for their prospective buyers, and despite differing price points, the fundamentals underpinning the property’s value are still the same. Located close to shops, amenities and the local “village”, A-grade properties are found on good streets and never main or arterial roads. Usually, they also had an excellent aspect –Continue reading “Some outstanding results in A Grade suburbs”