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Tag Archive 'selling'

Australian’s love to renovate! Just take a look at the weekly TV Guide – reality television shows are a huge part of our daily renovation diet. And what would the weekend be without a trip to a DIY store? When it comes to renovating your investment property, it’s important to ensure you add value without […]

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Melbourne’s auction market has had a strong start to the year with both volumes and clearance rates well up on the same period last year. To start with, the Real Estate Institute of Victoria (REIV) reported 3,000 auctions held over the month of February 2015. This is 13 per cent higher than the number of […]

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As the name suggests, a pre-settlement inspection is an inspection a buyer makes after they’ve signed a contract to buy a property, but before making the final settlement payment and taking possession. Under the terms of a property sale and purchase agreement, new home buyers are entitled to take ownership of the property in no […]

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Many real estate specialists believe that apartments are a better investment than houses. This opinion is based on pure investment terms and if the investor is looking to build a property portfolio. Apartments tend to rent out more easily than houses in most locations, have lower costs and require less upkeep. However, a house may […]

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Selling Over Summer

There’s little doubt that spring is the season when most people contemplate selling their home. But that doesn’t mean no one sells in summer or that there are no buyers out there. On the contrary, with fewer properties on the market, competition can often be fierce. Properties that have a fantastic ocean view or an […]

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Clearance Rate History

The Real Estate Institute of Victoria (REIV) began recording auction market data back in 1981. Analysis of that archived data shows that in the last 31 years the average clearance rate at auction has been 66%. The statistics show that the clearance rate for the 1980s was 66%. In that decade there were around 155,000 […]

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Early Buyer Possession

Possession of a home usually changes from seller to buyer at settlement, but in some cases a home buyer asks the seller to grant possession before settlement takes place. A common situation whereby early possession is requested is when the buyer must move from there current home before a loan can be processed. Vendors make […]

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Getting ready to sell

How important is presentation when you come to sell your property. Kim Ward, Sales Director of Sandhurst Residential Real Estate makes some worthwhile comments. Experience shows that vendors who invest in going that “extra mile” with presentation usually achieve a quicker sale and sometimes, a higher price. In a cautious market, the “wow” factor is […]

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Choosing a real estate agent to handle the sale or management of your property can be a daunting task. You are entrusting them with your biggest asset so it makes sense to do your research. So why should you use a PPG member? The simple answer is that by choosing to use a PPG member […]

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Is there a right time to sell?

Real estate agents have long debated and even advocated that there is a “right” season to sell property. Some argue that summer time is simply too busy while others will suggest that homes don’t look their best in winter, or even that buyers are distracted by the football season. While many agents advise potential sellers […]

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