Archive for the ‘Torquay’ Category

Sentiment

When you are trying to make a decision in life, particularly a financial decision, one of the key aspects you need to seperate is the reality from the sentiment. It’s also often where the best opportunities lay.

What I mean by this is that sentiment is a fickle thing that doesn’t always match reality. The most identifiable example of sentiment change is the stock market. The stock market is an … Read the full post »

Great Ocean Report – March 2018

Welcome to our March Great Ocean Report. The main objective of our Great Ocean Reports is to explain, in language that most can understand, what is happening in the Australian property markets. Every day there are media reports on the state of the property markets and they vary in quality mainly because they are written by human beings (just like this one) and can only be subjective from the writers … Read the full post »

Radiate

One of the most challenging parts of anyone’s working life when they work in customer or client service is being consistently positive and bright when often they just don’t feel that way. Some days life conspires against you and no matter how hard you try to duck and weave, those curve balls keep hitting you. It’s hard to smile at the customer, your boss, staff or generally anyone unfortunate enough … Read the full post »

Perception vs reality

As real estate agents we get asked to meet with property owners to discuss their future plans on a daily basis. I enjoy this immensely because not only do I feel we are very well qualified to assist them, but I am fascinated with the psychological process that potential vendors put themselves through when deciding to sell their major asset.

The conversations start differently depending on whether they know us … Read the full post »

Selling in winter

We often get asked when is the best time to sell your property. Like anything in real estate there are no absolutes, it is a judgement made on the basis of probabilities of many factors. Winter is generally regarded as the low season for selling on the coast. This judgement is mainly made on the decreased foot traffic that the coast experiences at this time of year. Interestingly in the … Read the full post »

What is a housing bubble?

Recently, almost on a daily basis, we have been seeing property market commentary from “experts”, mostly economists warning of “Australia’s housing bubble”. Most people understand the concept but I thought I would clarify what it is and what it is they are concerned about.

According to Wikipedia, “a property or housing bubble is a form of economic bubble normally characterised by a rapid increase in market prices of real property … Read the full post »

Bidding at Auction

Bidding at auction can be quite intimidating for those who have never done it before. In reality, given that most people only transact in real estate once or twice in their lives, the opportunity to practise is quite limited! There are a few tips to it though that I’m happy to share.

The first tip I will give you is – don’t do it! If you can hire a professional … Read the full post »

2016 / 2017 New Years Update

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Great Ocean Report- July 2016

Our July report is always dedicated to a look back on the performance of the Surfcoast property market for the previous financial year. The 2015/16 financial year saw a very active coastal market buoyed by low interest rates and continued positive sentiment from the metropolitan property markets.

So let’s look at the performance of each of the towns during this period. As a reference these sales are house sales, that is … Read the full post »

Great Ocean Report April 2016

Great Ocean Report April 2016

It’s hard to believe that we are into April already but the upside is that we are getting a good handle on how 2016 is likely to play out, and so far it is looking quite favourable. In fact, mainstream media is struggling to hold our attention on the economic front, so they have to ramp up the bad news headlines in other areas just to … Read the full post »

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