Archive for the ‘Time on market’ Category

Sell or buy first

A common dilemma when you are trading your home for another is whether you sell first then buy, or if you buy first, then sell. The answer is quite clear…it depends! Which I know is not clear but it really comes down to how saleable your property is. This is determined by your price point and your price expectation relative to other properties in your area. It also comes down … Read the full post »

Pricing methods

When you come to sell your property you will be presented with several different pricing methods by different agents.

A small number will suggest not putting a price on the property. Their thinking is that if there is no price then the buyers have to ring and enquire. The agent can then get there details. The problem is that buyers find it annoying and research published by a leading real … Read the full post »

A buyers journey

It is really helpful, whether you are buying or selling, to understand the journey a buyer goes through when purchasing real estate. There are two distinct phases. There is the emotional attachment stage and the justification stage. The emotional attachment stage is all about finding the property they like. They start looking in the area that they like, and in the price range they can afford, and often the range slightly above … Read the full post »

Great Ocean Report September 2015

It is always interesting to watch the psychology of property market participants when there is a high level of volatility in the share market. In our modern media age, we are constantly barraged with headlines and those who are active in any investment market often find it difficult to find the right way forward, given the volume of incoming information. This large amount of information can be quite paralysing and … Read the full post »

Surf Coast Times Column. The principal or the interest? 20.08.15

With this week’s column, if your eyes glaze over after the second paragraph I certainly won’t be offended.

It’s about whether you should have a principal and interest loan or an interest only loan. I know..yawn. However if you are fortunate enough have a prime residence (your home) and an investment property and happen to have mortgages on both then it’s important that you have your loans correctly set up.

For those … Read the full post »

Surf Coast Times Column. Time on market 06.08.15

I wrote an article some months ago about timing the market. In a real estate sense that often means buying at the right time, selling at the right time and sometimes often both. When it comes to the selling part of this equation, what will affect your end result more than correctly timing the market is actually the time you spend on the market once it becomes available sale. Days … Read the full post »

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