Archive for February, 2018

RENTAL MARKET ON REBOUND

Although rent prices across the state have been on a downward trajectory for the last couple of years, the rate of decline has slowed in recent months remaining the same average median of $350 per week since April last year. The availability of rental properties remains above long-term averages but has retracted to 8300 listings metro wide, well down from the peak of 11,300 in 2016.

Although landlords don’t currently enjoy … Read the full post »

THREE’S A CROWD

Disclaimer: These comments are the writer’s own and do not necessarily reflect the current opinions and policies of the Real Estate Institute of Western Australia.

There’s little doubt that digital advertising of real estate is the preferred method consumers use to search for a property to buy or rent. In Australia, about 70 per cent of all properties that come to market find themselves … Read the full post »

THOUGHTS ON AGENTS’ FEES

Disclaimer: These comments are the writer’s own and do not necessarily reflect the current opinions and policies of the Real Estate Institute of Western Australia.

Us agents often joke that vendors, when deciding to sell want to know only two things: “What’s my property worth and how much is your fee?” Apologies to those of you that believe these two questions are important, but … Read the full post »

ON-LINE VALUATIONS ARE RUBBISH

Disclaimer: These comments are the writer’s own and do not necessarily reflect the current opinions and policies of the Real Estate Institute of Western Australia.

I was chatting with a colleague about this topic earlier this week with the ensuing discussion prompting me to re-run this earlier article.

More and more buyers and those of us broadly interested in real estate spend much of our … Read the full post »