Archive for October, 2019

Get Your Price Right

A significant proportion of property sellers discount their
property in order to sell. This is because most property owners have an
expectation that their property is worth more than the market sentiment and
agents have a fiduciary responsibility to maximise the selling price.

The current market conditions make it imperative to ensure
buyers activity engage with a newly listed property … Read the full post »

Foreign Buyer Tax Must Go

On the lazy pretext of “everyone else is doing it”, the
McGowan government introduced a new tax on foreign buyers of property as a way
of raising additional revenue. About $123 million is expected to be raised over
the forward estimates by charging foreigners an extra 7 per cent transfer duty
on top of the original stamp duty normally payable. This extra revenue was
designed to off-set any raises in TAFE fees which, … Read the full post »

Choose your Agent on their Merit

When the time comes to
sell or lease your property, would-be vendors and landlords increasingly look
to the internet to help shortlist agents that might meet their needs.

Well established
methods of choosing your agent such as re-employing an agent previously used,
adverts in the Herald, recommendations from friends and relatives or visiting
Home Opens to meet agents remain effective methods.

In the on-line space,
REIWA offers … Read the full post »