Warlimont & Nut

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  • It is a dilemma most property sellers face when it's time to sell. Your well meaning family and friends have absolutely no effect on how the market values your property. What your property is worth in any given market is determind primarily by the law of supply and demand. Unfortunately there is no exact scientific formula that covers all properties in all market conditions, which you can use to calculate your property's worth. There are however a number of factors that come into the equation... View Post »
  • AN HONEST PRICE ESTIMATE

    Posted in:General Author: Isabella
    16 Feb
    When home sellers ask an agent to give them a price estimate on their property, quite often the sellers expect a higher price than an honest agent will quote. Some real estate agents may be tempted to raise their estimate price in order to get the listing. Once you have signed up and committed to an advertising  budget they commence negative market feedback designed to condition you to lower your price expectations. Despite the Fair Trading  Act of 1999, and more recent legislation, there... View Post »
  • Did you know that you have a much better chance of selling your property quickly if you price it to meet the market in the first weeks of the marketing campaign? This strategy is much more successful than pricing it on the highest price and hoping that someone might pay that "premium" price. You should always be careful of an unscrupulous agent promising you an unrealistic price. They may want your sole mandate so they might be telling you what you want to... View Post »
  • SELLERS-DON'T BUY FIRST

    Posted in:General Author: Isabella
    19 Dec
    Many home-owners face a similiar dilemma. When it's time to make a move, they don't know whether to buy first or sell first. If they sell first, it may be hard to find another suitable property at an affordable price. If they buy first, it may put them under pressure when selling their current home. And, high pressure often means a lower price. Just see what's happening at auctions at the moment. Financially pressured and bleeding sellers mean bargains for buyers. In recent years, buying first... View Post »
  • *1.* *Don't be emotional* Your investment property is not your home-it creates greater wealth for your future and provides income. Rental return, capital growth, tenant quality and demand should be your main considerations, not the colour of the walls. *2. Taking Advice* Ask someone who is knowledgeable of the rental market, someone who has built a successful rent roll or someone who is experienced in property investing. *3. Your Financial Goal* Chasing income may not always be the best strategy. Ask yourself:what are your future plans... View Post »
  • THE PRICING GAME

    Posted in:General Author: Isabella
    29 Sep
    It wasn't so long ago, when a homeowner decided to sell their property the agent would advertise it for the agreed price. The price was set by the agent in consultation with the homeowner. The advertised price was simply the price the owner wanted. It was straightforward, transparent and honest. Why has the advertised price of many properties today become so misleading, ambiguous and inaccurate? What has caused many agents to change the way they advertise the price of properties and deviate from the... View Post »
  • *Make arrangements to collect the keys to your new home after settlement *Change locks, update security system including doors *Confirm furniture removalist *Connect telephone *Connect Electricity and Gas *Advise Water Supply Department *Advise Council *Advise Electoral office, notify Post Office *Confirm settlement date and time *Advise Life Assurance office *Notify bank and charge accounts of your new address *Advise schools *Notify Motor Registration Branch of new address for vehicle and driver's licence *Record new address with Police Department if you have a gun licence   View Post »
  • BUYING A PROPERTY

    Posted in:General Author: Isabella
    25 Aug
    The great Australian dream is "a home of your own". To make this important decision successfully you should undertake some careful thought before making a commitment. Should the property be on the market for sale by Auction then it is wise to inspect the property, before the actual day of the auction either by private appointment or at "Open for Inspection" days. Whether the appointment is for sale by Auction or Private Sale, you should read the Vendors Statement (often called a Section 32)... View Post »
  • YOUR BASIC RIGHTS

    Posted in:General Author: Isabella
    04 Aug
    As a consumer you have four basic rights-Safety, Information, Competition and Redress. If you sign a standard real estate agreement you will almost certainly lose these rights. And it will be too late for you to do anything about it. SAFETY You have the right to be protected from financial and emotional harm. You should not pay unnecessary expenses. You should be safe from having your home sold for LESS than the Best Market Price. INFORMATION You have the right to expect the correct information, not just... View Post »
  • CONSUMER ALERT

    Posted in:General Author: Isabella
    01 Aug
    Back in the days when doctors made house-calls and pizza companies didn't, things were different. In those days, business was often done on a hand-shake. Consumers were more trusting. But then more companies were worth trusting. There was a spirit in our society which accepted that "your word was your bond". Today the spoken word means little. Instead, what counts is the written word. It doesn't seem to matter what you were told. What matters is what you SIGNED. When you sign on... View Post »

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