Archive for August, 2018

NEW VIC TENANCY LAWS TO DRIVE UP RENTS

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.

The Victorian State government recently announced changes to residential tenancy laws that will inevitably limit property investment and drive up rents.

Some of the changes bring Victoria into line with laws already in place in Western Australia such as limiting the … Read the full post »

GET YOUR PRICE RIGHT OR PAY THE PRICE

More often than not, vendors believe their property is worth more than a market consensus of a fair price. Opinion of market value for property is largely a subjective exercise; various agents will often have differing views of market price, friends and relatives have their own opinions as does the property owner.

Given the difficulty in accurately determining fair market price prior to … Read the full post »