tag:blogger.com,1999:blog-30749597194632438882024-03-20T22:29:35.836+11:00Harcourts - The Property PeopleSpecialising in residential sales and property management. The Property Peoplehttp://www.blogger.com/profile/14555740465422515070noreply@blogger.comBlogger80125tag:blogger.com,1999:blog-3074959719463243888.post-32731196158442165802015-03-27T16:08:00.000+11:002015-04-28T16:09:31.894+10:00Top 5 reasons to choose a professional property management service<span style="font-family: Verdana, sans-serif;">Ask any experienced property investor (landlord) and they’ll tell you that property management is not for the faint hearted! Many new landlords assume that managing tenants and the property itself is simple and straightforward. They don’t realise there is a huge amount of administration and effort that goes into successfully managing a property.</span><div>
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<span style="font-family: Verdana, sans-serif;">I have compiled a list of 5 of the most important things a professional property management agency will do for you in managing your investment property.</span></div>
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<span style="font-family: Verdana, sans-serif;"><b>1) Finding the right tenant</b></span></div>
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<span style="font-family: Verdana, sans-serif;">A professional property management agency knows how to find the best tenant to occupy your property. Property management agencies conduct background checks, reference checks and conduct interviews to ensure that only the best tenants are considered. </span></div>
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<span style="font-family: Verdana, sans-serif;"><b>2) Day-to-day tenant management</b></span></div>
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<span style="font-family: Verdana, sans-serif;">Property management agencies spend most of their time on the day-to-day management of their landlord’s properties. Property Managers speak to tenants about rent owing, rent increases, noise complaints, and many other issues that arise on a daily basis. </span></div>
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<span style="font-family: Verdana, sans-serif;"><b>3) Property maintenance and upkeep</b></span></div>
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<span style="font-family: Verdana, sans-serif;">Another aspect of managing a property is property maintenance and repairs. Landlords often under-estimate the amount of work and patience this requires; from dealing with the tenant and addressing their queries, identifying the issue, getting the best quote, and then getting the appropriate repairman/tradesperson to fix the problem. Next is the liaison with the tenant to ensure the repairman can get access at the required time, follow-up, and finally billing and payment. </span></div>
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<span style="font-family: Verdana, sans-serif;"><b>4) Rent payments and other issues</b></span></div>
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<span style="font-family: Verdana, sans-serif;">Keeping track of rent monies and other payments such as water usage is a huge factor when it comes to managing an investment property. Professional property management agencies have the software and systems to keep track of monies paid, and can immediately attend to non-payments before they become a larger problem. </span></div>
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<span style="font-family: Verdana, sans-serif;"><b>5) Regular and thorough inspections of your property</b></span></div>
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<span style="font-family: Verdana, sans-serif;">An investment property needs regular inspections that are fully documented, and if needed, supported by photos.<br /></span><span style="font-family: Verdana, sans-serif;">Property Management agencies will organise for these inspections to be done, to ensure tenants are looking after the property as detailed in the tenancy agreement. Any issues are dealt with efficiently by the Property Manager.</span></div>
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<span style="font-family: Verdana, sans-serif;">Harcourts’ property management service is industry leading and multi-award winning.</span></div>
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<span style="font-family: Verdana, sans-serif;">For any property management advice, speak to one of our highly experienced property management professionals on 4628 7444.</span><span style="font-family: Verdana, sans-serif;"><br /><br /> </span><br /> </div>
The Property Peoplehttp://www.blogger.com/profile/14555740465422515070noreply@blogger.com0tag:blogger.com,1999:blog-3074959719463243888.post-84655875352388456032015-03-20T16:02:00.000+11:002015-04-28T16:03:21.625+10:00March Auction Results!<span style="font-family: Verdana, sans-serif;">Last week we had our March in-room auction event, held at the Rydges Hotel in Campbelltown. </span><div>
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<span style="font-family: Verdana, sans-serif;">The 18th of March in-rooms auction event was certainly action packed! 12 properties were up for Auction, and we had a massive audience of over 200 people.</span></div>
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<span style="font-family: Verdana, sans-serif;">This auction event achieved some outstanding results, selling 9 of the 12 properties submitted to auction – a 75% clearance rate. Here’s the summary:</span></div>
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<span style="font-family: Verdana, sans-serif;"><b>RABY</b>, 32 Mirage Avenue -<b><span style="color: red;"> SOLD!</span></b></span></div>
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<span style="font-family: Verdana, sans-serif;"><b>LEUMEAH</b>, 17 Illawarra Road -<b><span style="color: red;"> SOLD!</span></b></span></div>
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<span style="font-family: Verdana, sans-serif;"><b>RABY,</b> 24 Boeing Crescent - <b><span style="color: red;">SOLD!</span></b></span></div>
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<span style="font-family: Verdana, sans-serif;"><b>BRADBURY,</b> 1 Bocking Avenue - <b><span style="color: red;">SOLD!</span></b></span></div>
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<span style="font-family: Verdana, sans-serif;"><b>GREGORY HILLS,</b> 64 Healy Avenue – <b><span style="color: red;">Not yet sold</span></b></span></div>
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<span style="font-family: Verdana, sans-serif;"><b>ESCHOL PARK</b>, 11 Trebbiano Place - <b><span style="color: red;">SOLD!</span></b></span></div>
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<span style="font-family: Verdana, sans-serif;"><b>AMBARVALE</b>, 21 Tremlow Crescent - <span style="color: red;"><b>SOLD!</b></span></span></div>
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<span style="font-family: Verdana, sans-serif;"><b>LEUMEAH</b>, 10 Carrington Circuit -<b><span style="color: red;"> SOLD!</span></b></span></div>
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<span style="font-family: Verdana, sans-serif;"><b>ROSEMEADOW</b>, 2/260 Copperfield Drive - <b><span style="color: red;">SOLD!</span></b></span></div>
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<span style="font-family: Verdana, sans-serif;"><b>BARDIA</b>, Lot 2132 Wootten Avenue –<b><span style="color: red;"> Not yet sold</span></b></span></div>
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<span style="font-family: Verdana, sans-serif;"><b>BARDIA</b>, Lot 2197 Wootten Avenue –<b><span style="color: red;"> Not yet sold</span></b></span></div>
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<span style="font-family: Verdana, sans-serif;"><b>ROSEMEADOW</b>, 11 Jessica Place - <span style="color: red;"><b>SOLD!</b></span></span><span style="font-family: Verdana, sans-serif;"><br /></span><span style="font-family: Verdana, sans-serif;">There was also good bidding on the properties passed-in on the night. Negotiations are continuing and we expect these to sell in the next couple of weeks.</span></div>
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<span style="font-family: Verdana, sans-serif;"><b>18th MARCH AUCTION EVENT STATISTICS:</b></span></div>
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<li><span style="font-family: Verdana, sans-serif;">Of the properties SOLD, our team achieved on average $21,333 above our vendors’ reserve selling prices.</span></li>
<li><span style="font-family: Verdana, sans-serif;">Of the properties SOLD, our team achieved an average of 43 buyer inspections per property during the intensive 21-day marketing campaign leading up to the auction.</span></li>
<li><span style="font-family: Verdana, sans-serif;">Of the properties SOLD, there was an average of 5 bidders vying for each property. </span></li>
<li><span style="font-family: Verdana, sans-serif;">9 of the 12 properties submitted to auction SOLD – a 75% clearance rate!</span></li>
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<span style="font-family: Verdana, sans-serif;">It was another great auction event with great results. Thank you to our Auctioneer, Paul Casarotto, and the wonderful support from Domain, The Macarthur Advertiser and Harcourts NSW.</span></div>
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<span style="font-family: Verdana, sans-serif;"><b>OUR NEXT IN-ROOM AUCTION EVENT WILL BE HELD ON 15tH APRIL 2015. SEE OUR WEBSITE FOR MORE INFORMATION.</b></span></div>
The Property Peoplehttp://www.blogger.com/profile/14555740465422515070noreply@blogger.com0tag:blogger.com,1999:blog-3074959719463243888.post-12123214389126343832015-03-13T15:55:00.000+11:002015-04-28T15:55:54.648+10:00What to really focus on at open home inspections<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;">I</span><span style="font-family: Verdana, sans-serif;">nspecting potential properties can be both fun and at times draining. Before you begin to inspect at open homes, the best thing to do is to have a list of property attributes. These would be your “must-have attributes” and “nice-to-have attributes”. For instance, “must-have attributes” would be the number of bedrooms, bathrooms, garaging etc. “Nice-to-have” attributes may be a theatre room, or home gym.</span></div>
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<span style="font-family: Verdana, sans-serif;">There are also more things you should look out for at open home inspections:</span></div>
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<span style="font-family: Verdana, sans-serif;"><b><u>The dwelling’s structure</u></b></span></div>
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<span style="font-family: Verdana, sans-serif;"><b>Damage from pests</b> – recent termite damage in wooden structures is of high concern. Have a look for bores through wooden frames or dirt tubes in the foundation.</span></div>
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<span style="font-family: Verdana, sans-serif;"><b>Poor construction</b> – windows and doors that jar, or cracks in the walls around doors and windows are both signs of poor construction.</span></div>
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<span style="font-family: Verdana, sans-serif;"><b>Wet spots on walls or ceilings</b> – condensation within the home can lead to mould build-up, timber decay, leaks, corrosion and even loss of structural integrity.</span></div>
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<span style="font-family: Verdana, sans-serif;"><b>Cracks in the foundation</b> – some small cracks can be harmless, however large cracks running down the foundation or across could mean a home is shifting, which can cause significant structural damage over time.</span></div>
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<span style="font-family: Verdana, sans-serif;"><b><u>The neighbours</u></b></span></div>
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<span style="font-family: Verdana, sans-serif;"><b>Do they have pets</b> – it might not be an issue, particularly if you have pets of your own. But look for problem pets. Can you hear non-stop barking? Is there any evidence of pet damage to shared fences or common areas?</span></div>
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<span style="font-family: Verdana, sans-serif;"><b>Do you have a good level of privacy</b> – take a good look around the home from every angle. Would it give you the privacy you want?</span></div>
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<span style="font-family: Verdana, sans-serif;"><b><u>The location</u></b></span></div>
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<span style="font-family: Verdana, sans-serif;"><b>The property is on a busy main road</b> – can you hear the noise from inside the house? A property on the main road also attracts lower prices than others that are not.</span></div>
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<span style="font-family: Verdana, sans-serif;"><b>The property is next to a retail or commercial space </b>– this can cause issues with local business traffic, parking and noise.</span></div>
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<span style="font-family: Verdana, sans-serif;"><b>The property’s proximity to a train line</b> – a property close to public transport is always convenient and attractive to tenants, however, one backing onto a train line can be very noisy. </span></div>
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<span style="font-family: Verdana, sans-serif;"><b>Powerlines over the property</b> – these lessen the value of property as they are unsightly, sometimes noisy, and are a concern due to claims that living close to them can cause health issues.</span></div>
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<span style="font-family: Verdana, sans-serif;"><b>The property is on a flood plain</b> – look into the property’s history to ascertain whether the property is located in an area that is affected during times of heavy rainfall.</span></div>
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<span style="font-family: Verdana, sans-serif;">These are the main considerations to look into when going through an open home. If you do decide that the home is for you, gain the help of an independent property inspector to cast a professional eye over the property.</span></div>
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<span style="font-family: Verdana, sans-serif;"><b>For more information about buying or selling property, contact a Harcourts Sales Consultant today on 4628 7444.</b></span></div>
The Property Peoplehttp://www.blogger.com/profile/14555740465422515070noreply@blogger.com0tag:blogger.com,1999:blog-3074959719463243888.post-16909617124526066962015-03-06T16:10:00.000+11:002015-03-10T16:11:47.564+11:00Smart Property Searching<span style="font-family: Verdana, sans-serif;"><b>With interest rates remaining low and house prices affordable, more buyers are looking to either get into the property market, upgrade or invest. </b></span><div>
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<span style="font-family: Verdana, sans-serif;">However, before you take the plunge, you should be diligent, do your homework, and be a smart property searcher. </span></div>
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<span style="font-family: Verdana, sans-serif;">Online real estate websites have certainly changed the way we search for properties. It is an invaluable resource to efficiently find properties and gain detailed information – all with a few clicks on the mouse! Real estate websites allow you to call up properties for sale in specific price ranges and locations, zoom-in on floor plans and maps, find comparable sold properties, and much more...</span></div>
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<span style="font-family: Verdana, sans-serif;">Google's Street View and Google Earth is also regularly used to virtually venture up and down streets of interest, viewing properties from different angles.</span></div>
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<span style="font-family: Verdana, sans-serif;">Given all this, online information is still no replacement for physically inspecting a property, the surrounding area, and the suburb. The Internet is a limited experience, and some visuals and information can be a year or more old! Add to this, your mind can also add to the online visuals and anticipate what is real – and when you visit the property you realise certain aspects are quite different.</span></div>
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<span style="font-family: Verdana, sans-serif;">Seeing a house for yourself can also tell you all sorts of things the Internet can't. By inspecting the property and its immediate surrounding area you gain an understanding of its vibe, the quality of shopping and dining, neighbours, infrastructure (current and upcoming), the people who live there, and the best and worst streets. None of this can be fully appreciated from the Internet. </span></div>
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<span style="font-family: Verdana, sans-serif;">Also, be wary of relying on data gained from the Internet - it is possibly out-of-date or even inaccurate! </span></div>
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<span style="font-family: Verdana, sans-serif;">Speaking to a highly experienced real estate agent in the area and gaining accurate and current information is highly important before making property decisions. In addition you can give the agent your specific property requirements that should then be utilised to inform you about relevant properties as they hit the market.</span><span style="font-family: Verdana, sans-serif;"><br /></span><span style="font-family: Verdana, sans-serif;"><br /> </span><br /> </div>
The Property Peoplehttp://www.blogger.com/profile/14555740465422515070noreply@blogger.com0tag:blogger.com,1999:blog-3074959719463243888.post-72281677905775356102015-02-27T16:06:00.000+11:002015-03-10T16:08:17.500+11:00Campbelltown Triumphs at Real Estate Awards<span style="font-family: Verdana, sans-serif;">Our team recently attended the Harcourts New South Wales Quarterly Awards to celebrate individual and office real estate achievements for the October – December 2014 quarter. </span><div>
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<span style="font-family: Verdana, sans-serif;">We competed against 66 other real estate offices, 150 sales consultants, and over 60 property management professionals across NSW to gain these highly sought-after awards.</span></div>
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<span style="font-family: Verdana, sans-serif;"><b><u>Individual Awards Won:</u></b></span></div>
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<span style="font-family: Verdana, sans-serif;"><b>Customer Service Award</b> - Colleen Rapley</span></div>
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<span style="font-family: Verdana, sans-serif;"><b>Business Development Manager Award</b> - 1st place, Sarena Rowley</span></div>
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<span style="font-family: Verdana, sans-serif;"><b>Bronze Sales Achievement Award</b></span></div>
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<span style="font-family: Verdana, sans-serif;">Gary Ghassibe</span></div>
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<span style="font-family: Verdana, sans-serif;">Tod Campbell</span></div>
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<span style="font-family: Verdana, sans-serif;"><b>Silver Sales Achievement Award</b></span></div>
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<span style="font-family: Verdana, sans-serif;">Tom Spiljar</span></div>
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<span style="font-family: Verdana, sans-serif;"><b>Gold Sales Achievement Award</b></span></div>
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<span style="font-family: Verdana, sans-serif;">Garth Makowski</span></div>
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<span style="font-family: Verdana, sans-serif;">Steve Arentz</span></div>
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<span style="font-family: Verdana, sans-serif;"><b>Sapphire Pin</b></span></div>
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<span style="font-family: Verdana, sans-serif;">Steve Arentz</span></div>
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<span style="font-family: Verdana, sans-serif;"><b>Emerald Pin</b></span></div>
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<span style="font-family: Verdana, sans-serif;">Gary Ghassibe</span></div>
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<span style="font-family: Verdana, sans-serif;"><b>Top 10 Sales Consultants - Income to Office</b></span></div>
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<span style="font-family: Verdana, sans-serif;">7th place, Troy Holmes</span><span style="font-family: Verdana, sans-serif;"><br /></span><span style="font-family: Verdana, sans-serif;">10th place, Cathy Furness & Shaun Moss</span></div>
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<span style="font-family: Verdana, sans-serif;"><b><u>Office Awards Won:</u></b></span></div>
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<span style="font-family: Verdana, sans-serif;"><b>Property Management Office Excellence Award</b> - 1st place</span></div>
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<span style="font-family: Verdana, sans-serif;"><b>Property Management Business Development Office Award</b> - 1st place </span></div>
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<span style="font-family: Verdana, sans-serif;"><b>NSW Top Office (highest gross revenue)</b> - 1st place</span></div>
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<span style="font-family: Verdana, sans-serif;">Another great result for our team at Harcourts – The Property People. A well deserved win for our hardworking Receptionist and Administrator, Colleen Rapley. Also Sarena Rowley took top honours in property management business development. </span></div>
The Property Peoplehttp://www.blogger.com/profile/14555740465422515070noreply@blogger.com0tag:blogger.com,1999:blog-3074959719463243888.post-46654863934583908622015-02-20T15:55:00.000+11:002015-03-10T15:57:07.710+11:00February Auction Results!<span style="font-family: Verdana, sans-serif;"><b>Last week we had our first in-room auction event for 2015, held at the Rydges Hotel in Campbelltown. </b></span><div>
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<span style="font-family: Verdana, sans-serif;">Our first Auction event for 2015 was outstanding! Ten properties were up for Auction, and we had a massive audience of over 200 people.</span></div>
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<span style="font-family: Verdana, sans-serif;">This auction event gained some outstanding results, selling 6 of the 10 properties submitted to auction – a 60% clearance rate. Here’s the summary:</span></div>
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<span style="font-family: Verdana, sans-serif;"><b>RUSE</b>, 11 Borthwick Road - <b><span style="color: red;">SOLD!</span></b></span></div>
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<span style="font-family: Verdana, sans-serif;"><b>CAMPBELLTOWN</b>, 11 Paley Street – <b><span style="color: red;">Not yet sold</span></b></span></div>
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<span style="font-family: Verdana, sans-serif;"><b>CAMPBELLTOWN</b>, 79 Allman Street - <b><span style="color: red;">SOLD!</span></b></span></div>
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<span style="font-family: Verdana, sans-serif;"><b>AMBARVALE</b>, 34 Haredale Street - <b><span style="color: red;">SOLD!</span></b></span></div>
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<span style="font-family: Verdana, sans-serif;"><b>BRADBURY</b>, 10 Wandarra Crescent -<span style="color: red;"><b> SOLD!</b></span></span></div>
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<span style="font-family: Verdana, sans-serif;"><b>GLEN ALPINE</b>, 66 Heritage Way – <span style="color: red;"><b>Not yet sold</b></span></span></div>
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<span style="font-family: Verdana, sans-serif;"><b>GREEN VALLEY</b>, Lot 433 Wood Close – <b><span style="color: red;">Not yet sold</span></b></span></div>
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<span style="font-family: Verdana, sans-serif;"><b>GREEN VALLEY</b>, Lot 432 Wood Close – <span style="color: red;"><b>Not yet sold</b></span></span></div>
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<span style="font-family: Verdana, sans-serif;"><b>CAMPBELLTOWN</b>, 42/31-35 Chamberlain Street - <b><span style="color: red;">SOLD!</span></b></span></div>
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<span style="font-family: Verdana, sans-serif;"><b>ST HELENS PARK</b>, 90 Kellerman Drive - <span style="color: red;"><b>SOLD!</b></span></span></div>
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<span style="font-family: Verdana, sans-serif;">There was also strong bidding on the properties passed-in on the night. Negotiations are continuing and we expect these to sell in the coming days.</span></div>
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<span style="font-family: Verdana, sans-serif;"><b>17th FEBRUARY AUCTION EVENT STATISTICS:</b></span></div>
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<ul>
<li><span style="font-family: Verdana, sans-serif;">Of the properties SOLD, our team achieved on average $37,250 above our vendors’ reserve selling prices.</span></li>
<li><span style="font-family: Verdana, sans-serif;">Of the properties SOLD, our team achieved an average of 31 buyer inspections per property during the intensive 21-day marketing campaign leading up to the auction.</span></li>
<li><span style="font-family: Verdana, sans-serif;">Of the properties SOLD, there was an average of 7.5 bidders vying for each property. </span></li>
<li><span style="font-family: Verdana, sans-serif;">6 of the 10 properties submitted to auction SOLD – a 60% clearance rate.</span></li>
</ul>
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<span style="font-family: Verdana, sans-serif;">What a fantastic night! The room was absolutely packed and the energy was electric. Everyone worked so well together to create the best possible auction night, and it transpired to excellent results. </span></div>
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<span style="font-family: Verdana, sans-serif;">Thanks again to our Auctioneer, Paul Casarotto, and the wonderful support from Domain, The Macarthur Advertiser and Harcourts NSW.</span></div>
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<b><span style="font-family: Verdana, sans-serif;">OUR NEXT IN-ROOM AUCTION EVENT WILL BE HELD ON 18tH MARCH 2015. SEE OUR WEBSITE FOR MORE INFORMATION.</span><span style="font-family: Verdana, sans-serif;"><br /></span></b><span style="font-family: Verdana, sans-serif;"><br /> </span><br /> </div>
The Property Peoplehttp://www.blogger.com/profile/14555740465422515070noreply@blogger.com0tag:blogger.com,1999:blog-3074959719463243888.post-65886137932250423622015-02-13T15:49:00.000+11:002015-03-10T15:51:17.204+11:00Your Guide to Preparing for Auction<span style="font-family: Verdana, sans-serif;">The process of selling your home through auction can be both an exciting and stressful one. There’s a lot to consider before you even get to auction day. That’s why it pays to be as prepared as you can be, have all of your concerns and questions answered, and make a few crucial decisions before the big day.</span><div>
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
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<span style="font-family: Verdana, sans-serif;"><b>BEFORE THE AUCTION</b></span></div>
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<span style="font-family: Verdana, sans-serif;">Auctioning your property is about so much more than simply showing up on auction day. There’s a lot that goes into it beforehand to ensure you achieve the best result possible for your property. Effectively marketing your property is top of the list!</span></div>
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<span style="font-family: Verdana, sans-serif;">Your agent should walk you through your marketing plan in detail, from the images that’ll be selected and advertised, the copy that will be included, to where the property will be advertised (online, papers, brochures, in-office).</span></div>
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<span style="font-family: Verdana, sans-serif;">During the campaign, in lead up to auction day, you should expect to hear from your agent on a regular basis, plus a meeting updating you on buyer activity at least once a week. </span></div>
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<span style="font-family: Verdana, sans-serif;">Your agent should also be keeping you informed of the market, so that you are in the best position to make decisions come auction day.</span></div>
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<span style="font-family: Verdana, sans-serif;"><b>MARKETING</b></span></div>
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<span style="font-family: Verdana, sans-serif;">When it comes to marketing your property before auction, the rule seems to be “more is more”! The success of your auction can be largely dependent on your marketing campaign. The latest research from Harcourts Group Australia, showed a direct correlation between the amount spent on marketing versus how much interest was generated for a property, and what price it sold for. That is money spent on a comprehensive marketing program gained more buyers, more competition on auction day, and a higher final sale price.</span></div>
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<span style="font-family: Verdana, sans-serif;"><b>THE RESERVE PRICE</b></span></div>
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<span style="font-family: Verdana, sans-serif;">It’s important for you to understand and be clear on what your reserve price is, and how it’s used during the auction. Your agent or auctioneer should be able to explain this to you in detail. You don’t have to disclose your reserve price to your auctioneer, but if you do, it shouldn’t affect how your auctioneer performs during the auction. They should be working to ensure you get the best price possible for your property.</span></div>
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<span style="font-family: Verdana, sans-serif;">That being said, try to avoid openly discussing price with others, to reduce the risk of price leaking out into the market. </span></div>
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<span style="font-family: Verdana, sans-serif;"><b>WHAT IS YOUR ROLE ON THE DAY?</b></span></div>
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<span style="font-family: Verdana, sans-serif;">If possible, it is ideal to have you there on auction day if there are any last minute questions.</span></div>
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<span style="font-family: Verdana, sans-serif;"><br /></span></div>
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<span style="font-family: Verdana, sans-serif;">Your agent will also want to confer with you depending on how the auction is going. If bidding stops below your reserve price for example, your agent will want to discuss next steps with you.</span></div>
The Property Peoplehttp://www.blogger.com/profile/14555740465422515070noreply@blogger.com0tag:blogger.com,1999:blog-3074959719463243888.post-75936046231732351562015-02-06T15:44:00.000+11:002015-03-10T15:46:08.029+11:00Buying off-the-plan apartments<span style="font-family: Verdana, sans-serif;"><b>Buying off-the-plan is an attractive choice for both owner occupiers and investors, however you need to look into the detail to work out if it is the right option for you.</b></span><div>
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<span style="font-family: Verdana, sans-serif;">Buying off-the-plan has the advantage of locking in the NOW price (and settling on the property later), as well as a number of tax advantages. Off-the-plan properties are also ideal for investors or buyers who need time to organise their finances. </span></div>
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<span style="font-family: Verdana, sans-serif;">There are also Government incentives for all when purchasing a new property. You should contact their Office of State Revenue or visit their website for more information www.osr.nsw.gov.au.</span></div>
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<span style="font-family: Verdana, sans-serif;">Conversely, buying off-the-plan is not for people who need to relocate or move residence in a short period of time. Off-the-plan apartments can take around 2 years to build before owners are able to move in, which does not suit a lot of people.</span></div>
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<span style="font-family: Verdana, sans-serif;">Here are a few more items you should consider before buying an off-the-plan apartment.</span></div>
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<span style="font-family: Verdana, sans-serif;"><b>Do research</b></span><span style="font-family: Verdana, sans-serif;"><br /></span><span style="font-family: Verdana, sans-serif;">Do your research to find out growth and expected yields in that area. Get an estimate of your quarterly strata fees. If you are looking for investment, find out the potential rent return as well as the vacancy in that area. Also, make sure you find out what things are tax deductible for you and their implications, as well as the government incentives mentioned above.</span></div>
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<span style="font-family: Verdana, sans-serif;"><b>Do register on project agencies’ databases</b></span></div>
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<span style="font-family: Verdana, sans-serif;">Sales people will always first speak to the potential buyers who are the easiest to contact. People on development project databases often get the first opportunity on available apartments.</span></div>
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<span style="font-family: Verdana, sans-serif;"><b>Do act decisively</b></span></div>
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<span style="font-family: Verdana, sans-serif;">Usually the first third of the project is sold, not only to members of the agencies databases, but also to buyers who act quickly. Obviously the apartments with the best aspects and most desirable features are sold first.</span></div>
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<span style="font-family: Verdana, sans-serif;"><b>Do understand the value of time</b></span></div>
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<span style="font-family: Verdana, sans-serif;">Generally, property prices increase annually (and occasionally dip in value). Don’t panic – over time your investment will serve you well.</span></div>
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<span style="font-family: Verdana, sans-serif;"><b>Do buy in the areas people want to live</b></span></div>
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<span style="font-family: Verdana, sans-serif;">The top three priorities people have for choosing somewhere to live are proximity to schools, work and transport. Some other things to consider include access to shopping centres, recreation facilities, parks, cafes and restaurants.</span></div>
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<span style="font-family: Verdana, sans-serif;"><b>Do have your solicitor look at the contract</b></span></div>
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<span style="font-family: Verdana, sans-serif;">It’s important to choose a solicitor who understands and is experienced in off-the-plan contracts.</span></div>
The Property Peoplehttp://www.blogger.com/profile/14555740465422515070noreply@blogger.com0tag:blogger.com,1999:blog-3074959719463243888.post-87044042275098721412015-01-30T15:39:00.000+11:002015-03-10T15:41:20.492+11:00Property Management and Your Investment<span style="font-family: Verdana, sans-serif;"><b>The “corner stone” of a successful investment property is having the best people managing your valuable investment.</b></span><div>
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<span style="font-family: Verdana, sans-serif;">Property management is a highly important service that is often undervalued. Having the best property management team looking after your investment property can mean the difference between a smooth or rocky investment, and profitable or unprofitable one!</span></div>
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<span style="font-family: Verdana, sans-serif;"><br /></span></div>
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<span style="font-family: Verdana, sans-serif;">Our property management team at Harcourts – The Property People works extremely hard to deliver the very best service to our investment clients. Our property management team performs so well that they are consistently placed in the top three in NSW within the Harcourts Real Estate group.</span></div>
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<span style="font-family: Verdana, sans-serif;"><br /></span></div>
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<span style="font-family: Verdana, sans-serif;">Here’s a little insight into the first class and award-winning service our team provides:</span></div>
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<ul>
<li><span style="font-family: Verdana, sans-serif;">When first advertising a vacant property, we work swiftly to advertise the property to as many potential tenants as possible. This results in maximum applications in the shortest possible time. This way we get a tenant into your property and paying you rents faster. </span></li>
<li><span style="font-family: Verdana, sans-serif;">From tenant applications received, our property management team uses our systems to diligently scrutinise applying tenants, and help our landlords make the final selection. This is a highly important part of the process, as the “big picture” of the final selection is: less maintenance expenses, little or no rental arrears, and maximum capital growth on your property.</span></li>
<li><span style="font-family: Verdana, sans-serif;">Our first class service and systems ensure rent is paid on time, expenses and bills are tracked and paid, and there are regular inspections conducted on the property to ensure it is being kept as agreed. </span></li>
</ul>
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<span style="font-family: Verdana, sans-serif;">At Harcourts our property management team are leading the way in property management service. Eight dedicated Property Managers and several support staff work to ensure that all details are attended to.</span></div>
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<span style="font-family: Verdana, sans-serif;">Investing in a quality Property Management agency makes a lot of sense. A well-managed investment property will provide maximum income, no hassles, and the best long-term outcome.</span></div>
The Property Peoplehttp://www.blogger.com/profile/14555740465422515070noreply@blogger.com0tag:blogger.com,1999:blog-3074959719463243888.post-40366827361099369472015-01-23T13:22:00.000+11:002015-03-10T13:23:20.222+11:00Preparing Your Home for Sale<span style="font-family: Verdana, sans-serif;">Every seller wants his or her home to sell at top dollar. And 99% of the time it is not about “good luck” - it’s about careful planning and knowing how to spruce up your home that will send potential buyers scurrying for their cheque books.</span><div>
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<span style="font-family: Verdana, sans-serif;">Here are some ideas on how turn your property into an irresistible and marketable home.</span></div>
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<span style="font-family: Verdana, sans-serif;"><b>1. Disassociate yourself with your home</b></span></div>
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<span style="font-family: Verdana, sans-serif;">Give your agent the opportunity to do their job, and potential buyers the space they need to be drawn to your property. Sellers that linger during an open inspection, or start telling stories about their property, will turn most buyers off.</span></div>
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<span style="font-family: Verdana, sans-serif;"><b>2. De-personalise</b></span></div>
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<span style="font-family: Verdana, sans-serif;">Pack away personal photos and family heirlooms. Buyers want to be able to imagine their own life in your home.</span></div>
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<span style="font-family: Verdana, sans-serif;"><b>3. De-clutter</b></span></div>
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<span style="font-family: Verdana, sans-serif;">De-clutter systematically, completing one room at a time. </span></div>
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<span style="font-family: Verdana, sans-serif;"><b>4. Clean out and organise storage spaces</b></span></div>
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<span style="font-family: Verdana, sans-serif;">Buyers love to see what kind of storage space they will have. Imagine if they open a closet and everything falls out! If they open an organised closet, it makes buyers feel your home is easy to live in, and that you have taken good care of it.</span></div>
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<span style="font-family: Verdana, sans-serif;"><b>5. Rent a storage unit</b></span></div>
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<span style="font-family: Verdana, sans-serif;">Almost every home looks better with less furniture. Consider storing items that block walkways or aren’t necessary to keep in the house while you’re trying to sell.</span></div>
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<span style="font-family: Verdana, sans-serif;"><b>6. Remove or replace favourite items</b></span></div>
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<span style="font-family: Verdana, sans-serif;">If the chandelier in the dining room is a family heirloom, take it down. If buyers never see it, they won’t want it to be included with the house.</span></div>
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<span style="font-family: Verdana, sans-serif;"><b>7. Make minor repairs</b></span></div>
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<span style="font-family: Verdana, sans-serif;">Fix things such as cracked tiles, leaky faucets, burnt out light bulbs and doors that won’t close properly.</span></div>
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<span style="font-family: Verdana, sans-serif;"><b>8. Make the house sparkle</b></span></div>
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<span style="font-family: Verdana, sans-serif;">Buyers will not be impressed if they see lots of dust or dirt. Make sure your home sparkles, or hire a professional cleaner if you need some help.</span></div>
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<span style="font-family: Verdana, sans-serif;"><b>9. Check your street appeal</b></span></div>
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<span style="font-family: Verdana, sans-serif;">If a buyer doesn’t like the exterior of your home, you’ll never get them to look inside. Mow the lawn, trim back plants, clean up, and plant flowers to enhance your home’s street appeal. </span></div>
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<span style="font-family: Verdana, sans-serif;">It always helps to put yourself in the shoes of the buyer, and by making a few little improvements to your home, you are giving it the best chance to sell at the best price.</span></div>
The Property Peoplehttp://www.blogger.com/profile/14555740465422515070noreply@blogger.com0tag:blogger.com,1999:blog-3074959719463243888.post-52175710505634422132015-01-16T13:17:00.000+11:002015-03-10T13:18:49.158+11:002014 Real Estate Year in Review<span style="font-family: Verdana, sans-serif;"><b>Happy New Year everyone and welcome to 2015! I hope you’ve had a wonderful break over the holidays and are recharged and ready for an outstanding and successful 2015.</b></span><div>
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<span style="font-family: Verdana, sans-serif;">At Harcourts – The Property People, we are excited about the year ahead. We have a huge list of exciting projects and plans to be realised over the next 12 months in both our sales and property management departments.</span></div>
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<span style="font-family: Verdana, sans-serif;">Looking back, 2014 was a highly successful real estate year. Most suburbs enjoyed excellent median price growth of between 15-19 per cent from 2013, with many suburbs achieving record house sales. </span></div>
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<span style="font-family: Verdana, sans-serif;">2014 was another huge and successful year for our auction sales. We conducted 13 in-room auction events over the year, placing 100 local properties to auction. Overall, we achieved a 68 per cent clearance rate at the auction events, with a median of 12 days on the market before selling for the properties that were “passed-in”.</span></div>
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<span style="font-family: Verdana, sans-serif;">I expect that in 2015, sales will continue to hold strong, however growth be at a steadier rate than that experienced throughout 2014. </span></div>
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<span style="font-family: Verdana, sans-serif;"><br /></span></div>
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<span style="font-family: Verdana, sans-serif;">In property management, I expect vacancy rates to remain low and rent prices to remain steady, or perhaps increase a little over the year.</span></div>
The Property Peoplehttp://www.blogger.com/profile/14555740465422515070noreply@blogger.com0tag:blogger.com,1999:blog-3074959719463243888.post-90170404007940059832014-12-05T13:11:00.000+11:002015-03-10T13:12:33.162+11:00Protecting your Home Over the Holiday Season<span style="font-family: Verdana, sans-serif;"><b>We are fast approaching the festive season when many of us travel to see our families or head to our favourite holiday spots, leaving our homes unattended.</b></span><div>
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<span style="font-family: Verdana, sans-serif;">Statistics show that home burglaries are highest over the Christmas holiday and festive season. Thieves know that many families are away for an extended period of time, often leaving behind new goods from Christmas Day.</span></div>
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<span style="font-family: Verdana, sans-serif;">If you are planning to go away, it’s time to start thinking about how to best protect your home and contents while you’re away. An unoccupied house advertises itself to potential thieves without you even realising it!</span></div>
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<span style="font-family: Verdana, sans-serif;"><br /></span></div>
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<span style="font-family: Verdana, sans-serif;">Here are some great ideas to give your house a “lived-in” look that’ll leave no clue to thieves that you’re away. Before you go away you should:-</span></div>
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<ol>
<li><span style="font-family: Verdana, sans-serif;">Cancel any newspaper deliveries.</span></li>
<li><span style="font-family: Verdana, sans-serif;">Ask the post office to hold your mail, or get a neighbour to collect and hold it for you.</span></li>
<li><span style="font-family: Verdana, sans-serif;">Let your neighbours know you’re going away and ask them to keep an eye out for anyone around your home. Also ask someone to collect your mail (including catalogues etc).</span></li>
<li><span style="font-family: Verdana, sans-serif;">Give a neighbour your car keys and ask them to move your car out of the garage and leave in the driveway every couple of days. Alternatively you could ask them to park their car in the driveway.</span></li>
<li><span style="font-family: Verdana, sans-serif;">If you are away for an extended period of time, perhaps organise for a teenager or lawn mowing service to do your lawns and tidy the gardens.</span></li>
<li><span style="font-family: Verdana, sans-serif;">The garbage bin. If you don’t want to ask a neighbour to wheel it out and back in for you, put it away altogether.</span></li>
<li><span style="font-family: Verdana, sans-serif;">Install some electrical timers inside your home to turn selected lights on and off for a period every night.</span></li>
<li><span style="font-family: Verdana, sans-serif;">Turn the volume of your phone down and don’t leave a message telling people you’re away.</span></li>
</ol>
<span style="font-family: Verdana, sans-serif;">You may also have some ideas of your own. Remember, the key is to make your home look “lived-in”.</span></div>
The Property Peoplehttp://www.blogger.com/profile/14555740465422515070noreply@blogger.com0tag:blogger.com,1999:blog-3074959719463243888.post-68940205859640069512014-11-28T13:06:00.000+11:002015-03-10T13:08:05.123+11:004 Simple Tips to Improve the Appeal of Your Property<span style="font-family: Verdana, sans-serif;">So you’ve made the decision to sell your property, the next step is to get your place looking as good as possible before any photos are taken or potential buyer inspection dates.</span><div>
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div>
<span style="font-family: Verdana, sans-serif;">The good news is, whether your property only needs a little or a lot of attention, you can start to improve the appeal of your property in these four simple and inexpensive steps.</span></div>
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<span style="font-family: Verdana, sans-serif;"><br /></span></div>
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<span style="font-family: Verdana, sans-serif;"><b>1. De-clutter</b></span></div>
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<span style="font-family: Verdana, sans-serif;">Buyers are generally looking for space. The more space you can show, the more attractive your home will be to buyers.</span></div>
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<span style="font-family: Verdana, sans-serif;"><br /></span></div>
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<span style="font-family: Verdana, sans-serif;">Don’t expect buyers to ignore your accumulated stuff and imagine your house in its clutter-free state. The aim is to make it as easy as possible for potential buyers to imagine themselves and their belongings in the house.</span></div>
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<span style="font-family: Verdana, sans-serif;"><br /></span></div>
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<span style="font-family: Verdana, sans-serif;">Tips to get you started:</span></div>
<div>
<ul>
<li><span style="font-family: Verdana, sans-serif;">Be systematic. Do one room at a time and don’t move on to the next room until it is complete.</span></li>
<li><span style="font-family: Verdana, sans-serif;">Depersonalise. You want your buyers to visualise themselves in your house, not you living in it! Pack away photographs, souvenirs, trophies, medals, certificates, posters, religious items and family heirlooms.</span></li>
<li><span style="font-family: Verdana, sans-serif;">Restore rooms to their core functions.</span></li>
<li><span style="font-family: Verdana, sans-serif;">Clear tables, counter tops and all surfaces.</span></li>
<li><span style="font-family: Verdana, sans-serif;">Consider storing off-site some items of furniture.</span></li>
</ul>
<span style="font-family: Verdana, sans-serif;"><b>2. Clean</b></span></div>
<div>
<span style="font-family: Verdana, sans-serif;">Once you have more room to work, undertake a thorough housecleaning. As well as your regular chores, focus on rarely-cleaned areas such as skirting boards and light fittings. Steam clean your carpets, and wash walls and windows. If you don’t have time to do this, there are cleaning companies that can help you.</span></div>
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<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div>
<span style="font-family: Verdana, sans-serif;"><b>3. Patch and paint</b></span></div>
<div>
<span style="font-family: Verdana, sans-serif;">Add a fresh coat of interior paint. Painting your walls can instantly brighten up your house and make it appear well cared for. First, patch up any holes, no matter how small. Favour white ceilings and off-white or beige walls with white skirting. These colours throw more light around the room and make it appear larger.</span></div>
<div>
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div>
<span style="font-family: Verdana, sans-serif;"><b>4. Garden work</b></span></div>
<div>
<span style="font-family: Verdana, sans-serif;">Spruce up your outside area. Get rid of green waste, trim the hedges, weeds, and mulch the flower beds.</span></div>
The Property Peoplehttp://www.blogger.com/profile/14555740465422515070noreply@blogger.com0tag:blogger.com,1999:blog-3074959719463243888.post-19266026660873213432014-11-21T13:00:00.000+11:002015-03-10T13:02:16.853+11:00The Property People Wins at Real Estate Awards<span style="font-family: Verdana, sans-serif;">Our team recently attended the Harcourts New South Wales Quarterly Awards at The Tea Room, QVB, Sydney, to celebrate individual and office real estate achievements for the July – September 2014 quarter. </span><br />
<div>
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div>
<span style="font-family: Verdana, sans-serif;">We competed against 66 other real estate offices, 150 sales consultants, and over 60 property management professionals across NSW to gain these highly sought-after awards.</span></div>
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<span style="font-family: Verdana, sans-serif;"><br /></span></div>
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<span style="font-family: Verdana, sans-serif;"><b><u>Individual Awards Won:</u></b></span></div>
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<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div>
<span style="font-family: Verdana, sans-serif;"><b>Property Management Business Development Listing Award - </b></span><br />
<span style="font-family: Verdana, sans-serif;">1st place, Sarena Rowley</span></div>
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<span style="font-family: Verdana, sans-serif;"><br /></span></div>
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<span style="font-family: Verdana, sans-serif;"><b>Top Lister - </b>1st place, Garth Makowski</span></div>
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<span style="font-family: Verdana, sans-serif;"><br /></span></div>
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<span style="font-family: Verdana, sans-serif;"><b>Top Auction Lister - </b></span><span style="font-family: Verdana, sans-serif;">Garth Makowski</span></div>
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<span style="font-family: Verdana, sans-serif;"><br /></span></div>
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<span style="font-family: Verdana, sans-serif;"><b>Auction Encouragement Award</b> - Shaun Moss</span></div>
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<span style="font-family: Verdana, sans-serif;"><br /></span></div>
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<span style="font-family: Verdana, sans-serif;"><b>Top Sales Consultant – No of Settled Sales</b></span></div>
<div>
<span style="font-family: Verdana, sans-serif;">1st place, </span><span style="font-family: Verdana, sans-serif;">Cathy Furness & Shaun Moss</span></div>
<div>
<span style="font-family: Verdana, sans-serif;">3rd place, Tom Spiljar</span></div>
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<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div>
<span style="font-family: Verdana, sans-serif;"><b>Top 10 Sales Consultants - Income to Office</b></span></div>
<div>
<span style="font-family: Verdana, sans-serif;">4th place, Cathy Furness & Shaun Moss</span></div>
<div>
<span style="font-family: Verdana, sans-serif;">7th place, Tom Spiljar</span></div>
<div>
<span style="font-family: Verdana, sans-serif;">8th place, Troy Holmes</span></div>
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<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div>
<span style="font-family: Verdana, sans-serif;"><b>Bronze Sales Achievement Award</b></span></div>
<div>
<span style="font-family: Verdana, sans-serif;">Gary Ghassibe</span></div>
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<span style="font-family: Verdana, sans-serif;"><br /></span></div>
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<span style="font-family: Verdana, sans-serif;"><b>Silver Sales Achievement Award</b></span></div>
<div>
<span style="font-family: Verdana, sans-serif;">Garth Makowski</span></div>
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<span style="font-family: Verdana, sans-serif;">Tod Campbell</span></div>
<div>
<span style="font-family: Verdana, sans-serif;">Troy Holmes</span></div>
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<span style="font-family: Verdana, sans-serif;"><br /></span></div>
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<span style="font-family: Verdana, sans-serif;"><b>Gold Sales Achievement Award</b></span></div>
<div>
<span style="font-family: Verdana, sans-serif;">Tom Spiljar</span></div>
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<span style="font-family: Verdana, sans-serif;"><br /></span></div>
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<span style="font-family: Verdana, sans-serif;"><b>Platinum Sales Achievement Award</b></span></div>
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<span style="font-family: Verdana, sans-serif;">Cathy Furness/Shaun Moss</span></div>
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<span style="font-family: Verdana, sans-serif;"><br /></span></div>
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<span style="font-family: Verdana, sans-serif;"><b>Sapphire Pin</b></span></div>
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<span style="font-family: Verdana, sans-serif;">Cathy Furness/ Shaun Moss</span></div>
<div>
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
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<span style="font-family: Verdana, sans-serif;"><b>Diamond Pin</b></span></div>
<div>
<span style="font-family: Verdana, sans-serif;">Tom Spiljar</span></div>
<div>
<span style="font-family: Verdana, sans-serif;">Garth Makowski</span></div>
<div>
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
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<span style="font-family: Verdana, sans-serif;"><b><u>Office Awards Won:</u></b></span></div>
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<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div>
<span style="font-family: Verdana, sans-serif;"><b>Property Management Office Excellence Award</b> - 1st place</span></div>
<div>
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
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<span style="font-family: Verdana, sans-serif;"><b>Property Management Office Revenue Award</b> - 1st place</span></div>
<div>
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div>
<span style="font-family: Verdana, sans-serif;"><b>Property Management Business Development Office Award</b> - 1st place </span></div>
<div>
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div>
<span style="font-family: Verdana, sans-serif;"><b>NSW Top Office (highest gross revenue)</b> - 1st place</span></div>
<div>
<span style="font-family: Verdana, sans-serif;"><b><br /></b></span></div>
<div>
<span style="font-family: Verdana, sans-serif;"><b>Top Auction Office for the Quarter </b>- 1st place</span></div>
<div>
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div>
<span style="font-family: Verdana, sans-serif;">I’m so proud of our awesome team! Our Property Management team, led by Sarena Rowley and Laura Makowski, won most of the major awards, testament to their top class service and tireless work ethic. Our Sales Department kicked some great goals too, with four of our agents in the Top 10 in NSW (Tom Spiljar, Troy Holmes, Shaun Moss and Cathy Furness). It is also fantastic to earn back our title as the number 1 auction office in NSW, and retain our title as the number 1 office in NSW.</span></div>
The Property Peoplehttp://www.blogger.com/profile/14555740465422515070noreply@blogger.com0tag:blogger.com,1999:blog-3074959719463243888.post-50659837674279341872014-11-14T12:46:00.000+11:002015-03-10T12:49:12.313+11:00November Auction Results!<span style="font-family: Verdana, sans-serif;">Last week we had our biggest in-room auction event for the year, held at the Rydges Hotel in Campbelltown. </span><br />
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<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div>
<span style="font-family: Verdana, sans-serif;">This auction event gained some outstanding results, selling 10 of the 16 properties submitted to auction – a 62.5% clearance rate. Here’s the summary:</span></div>
<div>
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div>
<span style="font-family: Verdana, sans-serif;"><b>RABY,</b> 20 Tornado Place - <b><span style="color: red;">SOLD BEFORE AUCTION</span></b></span></div>
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<span style="font-family: Verdana, sans-serif;"><b>ROSEMEADOW,</b> 7 Miranda Place -<span style="color: red;"> <b>SOLD!</b></span></span></div>
<div>
<span style="font-family: Verdana, sans-serif;"><b>INGLEBURN,</b> 11 Moorhen Street - <b><span style="color: red;">SOLD!</span></b></span></div>
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<span style="font-family: Verdana, sans-serif;"><b>WOODBINE,</b> 7 Barrenjoey Close - <b><span style="color: red;">SOLD!</span></b></span></div>
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<span style="font-family: Verdana, sans-serif;"><b>BRADBURY,</b> 3 Gipps Street - <b><span style="color: red;">SOLD!</span></b></span></div>
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<span style="font-family: Verdana, sans-serif;"><b>BOW BOWING,</b> 7 Hamersley Place - <b><span style="color: red;">SOLD!</span></b></span></div>
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<span style="font-family: Verdana, sans-serif;"><b>ROSEMEADOW,</b> 1/20 Fortinbras Close - <b><span style="color: red;">SOLD!</span></b></span></div>
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<span style="font-family: Verdana, sans-serif;"><b>EAGLE VALE,</b> 14 Diamond Place - <b><span style="color: red;">SOLD!</span></b></span></div>
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<span style="font-family: Verdana, sans-serif;"><b>MACQUARIE FIELDS,</b> 2 Sixth Avenue – <b><span style="color: red;">Not yet sold!</span></b></span></div>
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<span style="font-family: Verdana, sans-serif;"><b>CAMPBELLTOWN,</b> 57 Chamberlain Street - <b><span style="color: red;">SOLD!</span></b></span></div>
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<span style="font-family: Verdana, sans-serif;"><b>GLEN ALPINE,</b> 15 Bishopscourt Place – <b><span style="color: red;">Not yet sold!</span></b></span></div>
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<span style="font-family: Verdana, sans-serif;"><b>RUSE,</b> 17 Cudgegong Road - <b><span style="color: red;">SOLD!</span></b></span></div>
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<span style="font-family: Verdana, sans-serif;"><b>CAMPBELLTOWN,</b> 25/31-35 Chamberlain Street – <b><span style="color: red;">Not yet sold!</span></b></span></div>
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<span style="font-family: Verdana, sans-serif;"><b>ESCHOL PARK,</b> 10 Eschol Park Drive –<b><span style="color: red;"> Not yet sold!</span></b></span></div>
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<span style="font-family: Verdana, sans-serif;"><b>ROSEMEADOW,</b> 39 Hamlet Crescent – <b><span style="color: red;">Not yet sold!</span></b></span></div>
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<span style="font-family: Verdana, sans-serif;"><b>CAMPBELLTOWN,</b> 1/182 Lindesay Street – <span style="color: red;"><b>Not yet sold!</b></span></span></div>
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<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div>
<span style="font-family: Verdana, sans-serif;"><b>11th NOVEMBER AUCTION EVENT STATISTICS:</b></span></div>
<div>
<span style="font-family: Verdana, sans-serif;"></span><br />
<ul><span style="font-family: Verdana, sans-serif;">
<li>10 of the 16 properties submitted to auction SOLD – a 62.5% clearance rate.</li>
<li>Of the properties SOLD, our team achieved an average of 23 buyer inspections per property during the intensive 21-day marketing campaign leading up to the auction.</li>
<li>Of the properties SOLD, there was an average of 4.8 bidders vying for each property. </li>
</span></ul>
<span style="font-family: Verdana, sans-serif;">
</span><span style="font-family: Verdana, sans-serif;"><div>
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
It was a fantastic auction night! Everyone worked so well together to create the best possible auction night, and it transpired to excellent results. There is also strong interest in the properties that didn’t sell on the night, and I am confident they will be sold this month. </span></div>
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<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div>
<span style="font-family: Verdana, sans-serif;">Thanks again to our outstanding Auctioneer, Paul Casarotto, and the wonderful support from Domain, The Macarthur Advertiser and Harcourts NSW.</span></div>
The Property Peoplehttp://www.blogger.com/profile/14555740465422515070noreply@blogger.com0tag:blogger.com,1999:blog-3074959719463243888.post-33727632189283743222014-11-07T12:37:00.000+11:002015-03-10T12:39:03.519+11:00Renovate your Outdoor Space<span style="font-family: Verdana, sans-serif;">Australians love nothing more than outdoor living areas, and with the warmer months ahead, it makes a lot of sense to make the most of your outdoor space. </span><div>
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div>
<span style="font-family: Verdana, sans-serif;">If you are looking at selling your home in the future, refining your outdoor living areas doesn’t have to cost a lot, but can greatly increase the appeal and selling price of your home.<br /><br /><b>Provide outdoor entertaining</b></span></div>
<div>
<span style="font-family: Verdana, sans-serif;">A good outdoor entertaining space is highly sought-after by buyers. This could take the form of a deck, a pergola, a retractable sun-shade, or verandah.</span></div>
<div>
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div>
<span style="font-family: Verdana, sans-serif;">Also consider the inclusion of an outdoor barbeque and dining area.</span></div>
<div>
<b style="font-family: Verdana, sans-serif;"><br /></b></div>
<div>
<b style="font-family: Verdana, sans-serif;">Outdoor lighting</b></div>
<div>
<span style="font-family: Verdana, sans-serif;">In the evening, a garden or an entrance looks wonderful with good lighting. It can emphasise a feature or hide a blemish. Carefully selected lighting can create a wonderful effect that makes your property very desirable. </span></div>
<div>
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div>
<span style="font-family: Verdana, sans-serif;">There is a huge range of solar lights available that can achieve a wonderful effect without wiring.</span></div>
<div>
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div>
<span style="font-family: Verdana, sans-serif;">Don’t forget to organise the inspections of your home at a time that shows your lighting off!</span></div>
<div>
<b style="font-family: Verdana, sans-serif;"><br /></b></div>
<div>
<b style="font-family: Verdana, sans-serif;">Car spaces</b></div>
<div>
<span style="font-family: Verdana, sans-serif;">Off-street car spaces are worth a lot, both in dollars and convenience. Covered off-street parking such as a carport or a garage is right at the top of the list for many buyers.</span></div>
<div>
<b style="font-family: Verdana, sans-serif;"><br /></b></div>
<div>
<b style="font-family: Verdana, sans-serif;">Landscaping</b></div>
<div>
<span style="font-family: Verdana, sans-serif;">Defined landscaped areas can add hugely to the overall presentation and desirability of your home – however it can detract if done badly. Achieve a balance between easy maintenance, water efficiency, and hard and soft surfaces to create a landscape in which your property stands out.</span></div>
<div>
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div>
<span style="font-family: Verdana, sans-serif;">Consider the plants you choose, as some are better at certain times of the year. With a bit of research you can have a garden that changes, having different features for every season.</span><br /> <br /><br /> </div>
The Property Peoplehttp://www.blogger.com/profile/14555740465422515070noreply@blogger.com0tag:blogger.com,1999:blog-3074959719463243888.post-31252871871302034622014-10-31T16:23:00.000+11:002014-11-04T16:24:48.952+11:00Choosing the Best Agent to Sell Your Home<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;">Many sellers think that the best real estate agent is the
one who gives them the highest "potential" sale price to sell their
home, and the lowest commission fee. But does this really represent good value?</span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;">When gaining market price appraisals from agents to sell a
property, sellers should be wary of those that price their property above the
others without comparable sales to substantiate that price estimate.</span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;">Unfortunately some agents will overprice properties because
they are either not educated in the area, or are simply just trying to win the
business. Choosing an agent on price alone can actually cost a lot of money
down the track when the property is not selling. An overpriced property that is
not selling can put the seller into the unfortunate position of having to sell
below market price to gain a quick sale (due to commitments elsewhere).</span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;">Incorrectly pricing property targets the wrong buyers.</span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;">Additionally, most buyers watch and know when a property has
been on the market for a long time. Even if the price is later adjusted to the
correct market price, the previous activity tarnishes the property and buyers
often think there is something wrong with it! All of this wastes a lot of time
and causes the seller a lot of stress. This inactivity also attracts
"bargain hunters" trying to secure a property at a rock-bottom price.</span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;">It is critical to correctly price a property.</span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;">When it comes to real estate agents and their commissions,
the ones who are cheap, or cut their fee easily when asked, are not going to be
tough, savvy and smart enough to negotiate with buyers. It's these strong
negotiation skills that sellers need from their agents to gain the best
possible price for their home.</span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;">When it comes time to sell, it's important that sellers
choose their real estate agent focusing on their reputation, current sales
track record, but more importantly their sales skills. This is what will get
the best final price!</span></div>
The Property Peoplehttp://www.blogger.com/profile/14555740465422515070noreply@blogger.com0tag:blogger.com,1999:blog-3074959719463243888.post-35823784379447818212014-10-24T16:15:00.000+11:002014-11-04T16:21:09.747+11:00Getting Started in Property Investment<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;">When it comes to building a retirement nest egg for the
future, property is still viewed as one of the safest long-term investments.</span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;">While some investors may want to buy and rent it out
straight away, others may choose to live in the home while they renovate it.</span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;">Investing in bricks and mortar can be a great way to create
wealth, but there are a few things to consider before diving into property
investment.</span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;"><b>Know your budget</b></span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;">It’s essential to have a thorough understanding of your cash
flow. You should ask your bank for pre-approval of your investment loan so you
know how much you are able to borrow before you start your property hunt.</span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;"><b>Don’t underestimate ongoing costs</b></span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;">Make sure your budget allows for extra costs such as
insurance, and general maintenance and repairs.</span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;"><b>Buy in a growth area</b></span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;">Find a property in an area where there is strong demand for
rental properties. Buying close to schools, universities, public transport and
shopping centres will make it more appealing to renters.</span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;"><b>Be realistic about your investment goals</b></span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;">Are you looking for fast capital growth, or do you want to
hold the property long term? During a strong market period, it will be easier
to renovate properties and sell them for quick profit. But in slower economic
times, it can take years to achieve the same growth.</span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;"><b>Look for essential, not extravagance</b></span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;">A rental property only has to be functional and clean. Don’t
over capitalise or be persuaded to buy a property simply because it has a
stylish interior.</span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;"><b>Think carefully before negative gearing</b></span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;">If the rent you receive does not fully cover your loan
repayments, your property will be negatively geared. This can have tax
advantages, but it will also lead to financial stress if you don’t have the
cash flow to cover loan repayments, rates or body corporate fees.</span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;"><b>Still paying off your home?</b></span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;">It isn’t necessary to have your home completely paid off
before purchasing an investment property, however it is a good idea to have a
large portion of your own home paid off along with other debts such as credit
cards.</span><span style="font-family: Verdana, sans-serif;"> </span></div>
The Property Peoplehttp://www.blogger.com/profile/14555740465422515070noreply@blogger.com0tag:blogger.com,1999:blog-3074959719463243888.post-21227732969410890052014-10-17T16:11:00.000+11:002014-11-04T16:12:48.695+11:00October Auction Results<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;">Last week we had our in-room auction event for October, held
at the Rydges Hotel in Campbelltown.</span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;">This auction event gained some outstanding results, selling
6 of the 10 properties submitted to auction – a 60% clearance rate. Here’s the
summary:</span></div>
<div class="MsoNormal">
<b style="font-family: Verdana, sans-serif;"><br /></b></div>
<div class="MsoNormal">
<b style="font-family: Verdana, sans-serif;">ST HELENS PARK,</b><span style="font-family: Verdana, sans-serif;"> 19 Briggs Place - </span><b style="font-family: Verdana, sans-serif;"><span style="color: red;">SOLD!</span></b></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;"><b>CAMPBELLTOWN</b>, 149 Dumaresq Street – <b><span style="color: red;">Not yet sold</span></b><o:p></o:p></span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;"><b>MINTO,</b> 111 Eagleview Road - <b><span style="color: red;">SOLD!</span></b><o:p></o:p></span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;"><b>EAGLE VALE</b>, 27 Zeolite Place - <b><span style="color: red;">SOLD!</span></b><o:p></o:p></span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;"><b>AMBARVALE</b>, 45 Harthouse Road - <b><span style="color: red;">SOLD!</span></b><o:p></o:p></span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;"><b>AMBARVALE</b>, 49 Georgiana Crescent - <b><span style="color: red;">SOLD!</span></b><o:p></o:p></span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;"><b>BRADBURY</b>, 49A Chisholm Crescent – <b><span style="color: red;">Not yet sold</span></b><o:p></o:p></span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;"><b>CAMPBELLTOWN</b>, 13 Manning Street - <b><span style="color: red;">SOLD!</span></b><o:p></o:p></span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;"><b>GLENFIELD,</b> 7 Stirling Place - <b><span style="color: red;">Not yet sold</span></b><o:p></o:p></span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;"><b>GLEN ALPINE</b>, 71 Mount Huon Circuit - <b><span style="color: red;">Not yet sold</span></b></span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;"><b>15th OCTOBER AUCTION EVENT STATISTICS</b>:</span></div>
<div class="MsoNormal">
</div>
<ul>
<li><span style="font-family: Verdana, sans-serif;">6 of the 10
properties submitted to auction SOLD – a 60% clearance rate.</span></li>
<li><span style="font-family: Verdana, sans-serif;">Of the
properties SOLD, our team achieved on average $13,666 above our vendors’
reserve selling prices.</span></li>
<li><span style="font-family: Verdana, sans-serif;">Of the
properties SOLD, our team achieved an average of 12 buyer inspections per
property during the intensive 21-day marketing campaign leading up to the
auction.</span></li>
<li><span style="font-family: Verdana, sans-serif;">Of the
properties SOLD, there was an average of 4.7 bidders vying for each property.</span></li>
</ul>
<span style="font-family: Verdana, sans-serif;">Another great auction night! There was also strong interest
in the properties that didn’t sell, and I am confident they will lock down some
solid offers in the coming week.</span><br />
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;">Thanks again to our outstanding Auctioneer, Paul Casarotto,
and the wonderful support from Domain, The Macarthur Advertiser and Harcourts
NSW.</span></div>
<div class="MsoNormal">
<b style="font-family: Verdana, sans-serif;"><br /></b></div>
<div class="MsoNormal">
<b style="font-family: Verdana, sans-serif;">OUR NEXT IN-ROOM AUCTION EVENT WILL BE HELD ON 11th NOVEMBER
2014. SEE OUR WEBSITE FOR MORE INFORMATION.</b></div>
<div class="MsoNormal">
<br /></div>
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The Property Peoplehttp://www.blogger.com/profile/14555740465422515070noreply@blogger.com0tag:blogger.com,1999:blog-3074959719463243888.post-21626591729794327502014-10-17T15:52:00.000+11:002014-11-04T16:03:06.471+11:00September Auction Results<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;">Last week we had our in-room auction event for September,
held at the Rydges Hotel in Campbelltown.</span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;">This auction campaign gained outstanding results, selling 9
of the 9 properties submitted to auction – an impressive 80% clearance rate.
Here’s the summary:</span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
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<span style="font-family: Verdana, sans-serif;"><b>MINTO,</b> 111 Eagleview Road - <b><span style="color: red;">SOLD!</span></b></span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;"><b>AMBARVALE,</b> 45 Harthouse Road - <b><span style="color: red;">SOLD!</span></b></span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;"><b>BRADBURY,</b> 63 Fern Avenue - <span style="color: red;"><b>SOLD!</b></span></span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;"><b>GLEN ALPINE,</b> 31 Nepean Towers Avenue - <span style="color: red;"><b>SOLD!</b></span></span></div>
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<span style="font-family: Verdana, sans-serif;"><b>RABY,</b> 25 Spitfire Drive - <b><span style="color: red;">SOLD!</span></b></span></div>
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<span style="font-family: Verdana, sans-serif;"><b>CAMPBELLTOWN</b>, 22 Megalong Crescent - <b><span style="color: red;">SOLD!</span></b></span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;"><b>ROSEMEADOW,</b> 3 Lucius Place - <b><span style="color: red;">SOLD!</span></b></span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;"><b>ST HELENS PARK</b>, 1 Mackillop Crescent - <b><span style="color: red;">SOLD!</span></b></span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;"><b>BULLI</b>, 9 Sturt Place – <b><span style="color: red;">SOLD BEFORE AUCTION!</span></b></span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;"><b>17th SEPTEMBER AUCTION EVENT STATISTICS:</b><o:p></o:p></span></div>
<div class="MsoNormal">
</div>
<ul>
<li><span style="font-family: Verdana, sans-serif;">9 of the 9
properties submitted to auction SOLD – a 100% clearance rate!</span></li>
<li><span style="font-family: Verdana, sans-serif;">Of the
properties SOLD, our team achieved on average $15,750 above our vendors’
reserve selling prices.</span></li>
<li><span style="font-family: Verdana, sans-serif;">Of the
properties SOLD, our team achieved an average of 21.6 buyer inspections per
property during the intensive 21-day marketing campaign leading up to the
auction.</span></li>
<li><span style="font-family: Verdana, sans-serif;">Of the
properties SOLD, there was an average of 3 bidders vying for each property.</span></li>
</ul>
<span style="font-family: Verdana, sans-serif;">What a brilliant team effort! Great preparation from both
our sellers and agents, lots of hard work, and all of us efficiently working
together were all key to the success of the event.</span><br />
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;">Thanks again to our outstanding Auctioneer, Paul Casarotto,
and the wonderful support from Domain, The Macarthur Advertiser and Harcourts
NSW.</span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;">OUR NEXT IN-ROOM AUCTION EVENT WILL BE HELD ON 15th OCTOBER
2014. SEE OUR WEBSITE FOR MORE INFORMATION.</span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;">If you want to know more about the process and the benefits
of selling your property by auction, speak to one of our highly experienced
Sales Consultants on 4628 7444.</span></div>
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The Property Peoplehttp://www.blogger.com/profile/14555740465422515070noreply@blogger.com0tag:blogger.com,1999:blog-3074959719463243888.post-20065372890665671512014-10-10T16:04:00.000+11:002014-11-04T16:05:54.118+11:00Rental Reference Know How<span style="font-family: Verdana, sans-serif;">Finding a good tenant forms the foundation of a successful
investment. So how do you acquire a good tenant?</span><div>
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div>
<span style="font-family: Verdana, sans-serif;">Checking a tenant’s references and doing the appropriate
background checks are critical tasks to give you the best chance of a smooth
running and successful investment.</span></div>
<div>
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div>
<span style="font-family: Verdana, sans-serif;">Professional Property Management staff have access to
systems, and have the knowledge and experience to carefully look into applying
tenants and thoroughly evaluate them. Investors would be wise to choose an
experienced Property Manager and agency team that focuses on gaining a quality
tenant. A carefully selected tenant will result in a more trouble-free
investment.</span></div>
<div>
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div>
<span style="font-family: Verdana, sans-serif;">Two of the most important background checks your Property
Manager can do are previous rental history and employment record checks. This
sounds fairly straight forward, but there are many traps for the inexperienced.</span></div>
<div>
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div>
<span style="font-family: Verdana, sans-serif;">It comes down to finding out from the information gained if
the applying tenants have an excellent track record from their past tenancies.
That means paying their rent on time as well as looking after the rental
properties to the expected standard. Also the current ability for the tenants
to pay the rent is evaluated through information and proof from their current
employers.</span></div>
<div>
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div>
<span style="font-family: Verdana, sans-serif;">Owners managing their own property often get too involved to
be impartial. One of the mistakes many property owners make is relying on
personal references when investigating potential tenants. A bad personal
reference rarely exists - friends and relatives won't write or tell negative
things about those close to them. Professional and background checks are
absolutely essential.</span></div>
<div>
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div>
<span style="font-family: Verdana, sans-serif;">A Property Manager’s experience and expertise, as well as
that of the agency’s team, will save you a lot of time, money and stress in
managing your investment.</span><div class="MsoNormal">
<br /></div>
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The Property Peoplehttp://www.blogger.com/profile/14555740465422515070noreply@blogger.com0tag:blogger.com,1999:blog-3074959719463243888.post-47505589690749054842014-10-03T15:44:00.000+10:002014-11-04T15:45:46.422+11:00Switching From House to Apartment<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;">Moving into an apartment after living in a house can be a
big change. You may be moving out of home as a first home owner, or are looking
to simplify and downsize as your children may have moved out and into homes of
their own.</span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;">In Campbelltown, most apartment living is located closer
into the CBD, which is often the goal for people looking to make the switch.
One of the most attractive features of living in the CBD is the benefit of
having most amenities and services within walking distance - major shopping
centres, amenities, restaurants, clubs, theatre etc. There is also less need
for a car in the CBD as public transport is excellent.</span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;">Then there are the more personal reasons for making the
change, such as simplifying your life, having less to look after, which means
more time to spend on the things you want to do.</span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;">No matter the reason, moving into an apartment after living
in a house can be a large adjustment.</span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;">There are practical issues such as the size of the
apartment, the location of the complex, what furniture you can fit in the new
premises and car parking.</span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;">And then there's the fact that you'll be living in close
proximity to others. You need to be more considerate of others when, for
example, it comes to having a party or you wish to play loud music in your
apartment.</span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;">Then there are the other rules of the complex such as what
you can put on your balcony, what pets you're allowed, and what you can and
can’t do to your apartment that may impact it externally. You should carefully
read the owner’s corporation rules before signing on the dotted line.</span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;">You also need to consider the sharing of common facilities
such as a swimming pool and barbeque area.</span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;">It would also be wise to find out the percentage of
owner-occupiers living there. With more owner-occupiers there is generally
greater care taken in looking after the facilities and the upkeep of the
complex.</span></div>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;">And then there’s the “community feel” of the complex. Have a
chat with the owner's corporation manager and possible future neighbours to
gain a feel for what it's like to live in the complex. Here you can find out a
wealth of information and discover the positives and negatives of living there.</span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;">Additionally walk around the area and look at the people who
reside there. It might be predominately young professionals, retired or
semi-retired people, or “empty nesters”. Depending on what you are looking for
this might influence your decision.</span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;">At Harcourts we currently have many new and existing
apartments for sale. In Campbelltown CBD we are selling many new off-the-plan
apartments and have some new projects that are launching in the next 12 months.</span></div>
<div class="MsoNormal">
<o:p></o:p></div>
The Property Peoplehttp://www.blogger.com/profile/14555740465422515070noreply@blogger.com0tag:blogger.com,1999:blog-3074959719463243888.post-27823835416638997412014-09-25T15:36:00.000+10:002014-11-04T15:40:47.596+11:00Attending an Open Home<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;">Attending open homes in search of your ideal property can be
an exciting time, however, you may find that there are a few issues on
otherwise fantastic properties that are holding you back.</span><br />
<span style="font-family: Verdana, sans-serif;"><br />Rather than discounting a property based on these issues,
have a closer look – these issues may have easy and cost-efficient fixes to
gain you your ideal home.</span><span style="font-family: Verdana, sans-serif;"><br /></span><br />
<span style="font-family: Verdana, sans-serif;">Before attending an open home inspection, it’s a good idea
to write a list of your top five priorities in a property so you have a
thorough understanding of your ‘must haves’, as opposed to those things that
you would ‘like to have’.</span><span style="font-family: Verdana, sans-serif;"><br /></span><br />
<span style="font-family: Verdana, sans-serif;">When attending open homes, have this list handy and check
them off. Then take a note of any issues; perhaps take photos of them, for you
to evaluate your options.</span><span style="font-family: Verdana, sans-serif;"><br /></span><br />
<span style="font-family: Verdana, sans-serif;">Here are a few examples of issues and fixes:</span><br />
<b style="font-family: Verdana, sans-serif;"><br /></b>
<b style="font-family: Verdana, sans-serif;">Construction</b></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;">Poor construction of walls or floors may seem like a huge
issue, but may be easy to fix. Some walls can be demolished to open up areas of
the house, and floors fixed or new floors placed over the top to gain what you
are looking for.</span><br />
<b style="font-family: Verdana, sans-serif;"><br /></b>
<b style="font-family: Verdana, sans-serif;">Unappealing design</b></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;">Don’t be discouraged by the ugly tiles in the perfectly
sized bathroom or kitchen. Tiles can easily be replaced. Many hardware stores
also have easily constructed modern flat-pack cabinetry, and many can also
install custom made timber, stone or acrylic bench tops.</span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;"><br /><b>Storage</b></span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;">Take note of the storage throughout the house and evaluate
whether it is enough for your needs. If there is a lack of storage consider
building a shed, built-in wardrobes, or a lovely set of drawers to serve your
needs.</span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;"><br /><b>Air Conditioning</b></span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;">If there isn’t any heating or cooling in the property, it is
easy to install air conditioning - and it certainly adds value to the property.
Also consider insulation to keep the temperature constant and to reduce your
power bills.</span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;"><br /><b>Exterior</b></span></div>
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<span style="font-family: Verdana, sans-serif;">The backyard is often full of opportunities to add value to
the property. Adding a pergola, BBQ area, paving and beautiful gardens are all
value adding projects.</span></div>
<div class="MsoNormal">
<span style="font-family: Verdana, sans-serif;"><br />Finally, when attending an inspection, don’t hesitate to ask
the real estate agent as many questions as you like. They are there to help you
get all the information you need.</span></div>
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<br /></div>
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The Property Peoplehttp://www.blogger.com/profile/14555740465422515070noreply@blogger.com0tag:blogger.com,1999:blog-3074959719463243888.post-45174857935972576392014-09-13T15:30:00.000+10:002014-11-04T15:32:19.992+11:00Auctioning Your Property<div class="MsoNormal">
<b><span style="font-family: Verdana, sans-serif;">T</span><span style="font-family: Verdana, sans-serif;">he Auction method of selling is highly successful for all
types of properties. Executed properly, and particularly in the current market
conditions, the Auction method can result in thousands of dollars more for the
property.</span></b></div>
<div class="MsoNormal">
<b style="font-family: Verdana, sans-serif;"><br /></b></div>
<div class="MsoNormal">
<b style="font-family: Verdana, sans-serif;">Why choose the Auction method to sell your property?</b></div>
<div class="MsoNormal">
</div>
<ol>
<li><span style="font-family: Verdana, sans-serif;">An Auction
removes the biggest obstacle that determines whether or not a buyer will
enquire about your property – that’s ‘Price’! Auction allows the natural market
forces of supply and demand to determine where your property’s true market
value lies.</span></li>
<li><span style="font-family: Verdana, sans-serif;">The Auction
method of selling is more aggressive when compared to other sale methods like
‘Fixed Price Sale’. Other sale methods can take up to 90 days to get a result,
where an Auction takes less than half that amount of time! An Auction sale’s
deadline means buyers cannot ‘sit back and wait’. This gives your agent greater
control over potential buyers who want your property.</span><span style="font-family: Verdana, sans-serif;"><br /></span></li>
<li><span style="font-family: Verdana, sans-serif;">The Auction
method makes your agent move! Your agent should be hands-on every day over the
Auction period, working with buyers in preparation for Auction day. Agents who
auction typically manage fewer properties; however boast significantly higher
sale prices.</span></li>
<li><span style="font-family: Verdana, sans-serif;">Did you know
that Auctions in the Macarthur area enjoy an impressive 30% higher SOLD rate compared
to other sale methods over the same 21 day marketing period? There can only be
a few reasons for this: restricted time on sale; more agent input, effort and
hours; and superior and more intense marketing campaigns. Put simply, there is
more ‘action’ in the Auction selling method.</span><span style="font-family: Verdana, sans-serif;"><br /></span></li>
<li><span style="font-family: Verdana, sans-serif;">Auction is
the only method of sale where buyers can negotiate a property in real-time and
in a totally transparent environment. There are no behind-doors negotiations!</span><span style="font-family: Verdana, sans-serif;"><br /></span></li>
<li><span style="font-family: Verdana, sans-serif;">An Auction
offers you interchangeable selling methods! If your property doesn’t sell at
Auction, it can be changed to a Range Sale or Fixed Price Sale.</span><span style="font-family: Verdana, sans-serif;"><br /></span></li>
<li><span style="font-family: Verdana, sans-serif;">Finally, the
Auction sale method is the only one to offer you three opportunities to sell –
i.e. sale prior to auction, sale at auction, and sale after auction. </span></li>
</ol>
The Property Peoplehttp://www.blogger.com/profile/14555740465422515070noreply@blogger.com0tag:blogger.com,1999:blog-3074959719463243888.post-1895397309075223722014-09-12T16:32:00.000+10:002014-09-12T16:32:00.206+10:00Spring Market 2014!<span style="font-family: Verdana, sans-serif;">Last week, the Reserve Bank announced a continuation of current interest rates, remaining steady at 2.5%. This makes it 13 consecutive months at this 60 year low.</span><div>
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div>
<span style="font-family: Verdana, sans-serif;">These low interest rates have fuelled the strong winter selling season. Current conditions with strengthening auction clearance rates indicate a robust spring selling season ahead!</span></div>
<div>
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div>
<span style="font-family: Verdana, sans-serif;">If you are thinking of taking advantage of the current market, you should start preparing now. </span></div>
<div>
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div>
<span style="font-family: Verdana, sans-serif;">So what do you first?</span></div>
<div>
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div>
<span style="font-family: Verdana, sans-serif;"><b>Get a market appraisal.</b> Before you go ahead and undertake property preparations and/or renovations get an experienced real estate agent’s advice. You don’t want to undertake costly renovations that gain you little or nothing on the sale price. It’s a waste of your time and money.</span></div>
<div>
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div>
<span style="font-family: Verdana, sans-serif;">A market appraisal will also show you comparable properties and what they have recently sold for. You may also want to ask your agent for a rent appraisal, to help you judge whether you want to sell or rent your property?</span></div>
<div>
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div>
<span style="font-family: Verdana, sans-serif;">This critical information will equip you with all the facts and figures for future decisions. </span></div>
<div>
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div>
<span style="font-family: Verdana, sans-serif;">For more tips on preparing your home for a spring sale, visit </span><a href="http://www.propertypeople.net.au/" style="font-family: Verdana, sans-serif;">www.propertypeople.net.au</a><span style="font-family: Verdana, sans-serif;"> and on the home page you can download the FREE e-book Preparing your home for sale.</span><span style="font-family: Verdana, sans-serif;"><br /></span>
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The Property Peoplehttp://www.blogger.com/profile/14555740465422515070noreply@blogger.com0