Is the first offer actually the best offer?

Often a thought but rarely discussed at the right time is the topic of when and when not to accept an offer when selling a property. There are many arguments to support that a first offer is usually your best offer but on the other hand, I’m a firm believer that speed kills (sales); Is…

Adelaide property holding steady in Spring – Market update 5/10/16 (3)

MARKET Capital city dwelling values continued to show a strong headline rate of growth over the September quarter, with the CoreLogic Hedonic Home Value Index rising 2.9% over the past three months. The combined capital city index, which is heavily weighted towards the Sydney and Melbourne markets, recorded a 1.0% month-on-month gain, taking capital city…

Tinder… for first home buyers?

Yes that’s right, a new real estate portal aims to use a tinder like system to connect first home buyers whom are willing to combine their buying power in order to break into the market. The owner of the portal believes that one of the most powerful ways to catapult over the home ownership barriers…

How 2 make small spaces seem bigger

A blink of light 1. Use curtain rods that are wider than your windows: If you need curtains, install rods that are wider than the windows. This will open up the light source completely illuminating the room. 2. Place lights outside your window: When your windows are clean, add some lights or lamps outside for…

Understanding buyer behaviour is critical when selling a property

UNDERSTANDING BUYER BEHAVIOUR  is critical if you want to achieve the maximum result when selling a property. Understanding buyers will put your property in a better position to attract 100% of your available market, in doing so this can create the competition that can be leveraged to create a higher price. Demographic Different buyers will…

Why home buyers are being drawn to the Inner Southern Suburbs.

THE INNER SOUTHERN SUBURBS OF ADELAIDE have some of the most sought after homes in the Adelaide market. Suburbs located on the southern side of Cross Road in the Mitcham Council area are in particular high demand. Recent data shows that new listing numbers are lower than in previous years meaning that less people are…

What to expect this spring selling season – market update (2)

Spring is almost here. The trees are budding and there’s that sweetness in the air. So with the spring selling season on our doorstep, what does the market hold? Interest rates In August the RBA cut official interest rates by 25 basis points. With interest rates at historic lows, general interest rates were reduced by…

Adelaide market update (1) 23/8/16

Nationally this past week there were 1747 capital city auctions with preliminary results showing that 1485 of them were reported at the time of writing this article. This shows a preliminary clearance rate of 76.6% which compared to the same period last year there was an increase from 72.9%. While this shows a rise, there…

Beware the discount agent that promises the world…

Getting the best result for your property when selling is 100% based on the agent you choose for the job. Unfortunately many home owners approach the task of selecting an agent with criteria based on the promise of a high price vs. the most economical fees and charges. It happens quite often, the agent that…

Auction! Use it to your advantage.

A property and especially one that is your primary place of residence is one of a few opportunities a person will have in their lives to make a tax free capital gain, so it’s in their best interest to make as much profit as possible. The average days on market for a property sold by…