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 »
As a business we are always looking ahead to try and identify trends so we can plan for them and also provide quality advice to our clients. I do a lot of reading about social demography trying to understand why people act the way they do.
Social demographers have applied labels to different groups in society depending on when they were born to help them understand what influences them. Although you … Read the full post »
As we have written about often in our reports, the Australian property market is in fact made up of hundreds of smaller geographic property markets. They are all affected differently by their local social and economic factors, which directly determines their performance. By example, if we look at the performance of the Melbourne and Sydney property markets vs the Perth property market in the past two years we can see … Read the full post »
As we are about to roll into Summer and the end of 2016, we are now in a position to reflect on the significant market influences that have been driving, what has again been, an extremely buoyant year for the real estate market on the Great Ocean Road.
Stock levels (properties available for sale) are at an all time low. Having multiple interested parties in properties for sale has been very … Read the full post »
As Spring is upon us, it’s time to report on what has been an incredibly busy winter and look at what is probably the most fascinating property market and trading conditions that we have witnessed. There has, as usual, been a lot of commentary in the press as to the state of the Australian property markets and we will again try and demystify what is happening for you.
The best analogy … Read the full post »
Over the past 25 years I have been a keen observer of the behaviour of asset markets and their participants. I have closely watched both the share market and the property market and have seen fortunes made, and plenty lost, in that time. When I look back over that period, a common trait of those who I have watched thrive is that they knew the difference between strategy and tactics.
The … Read the full post »
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 »
Over the past 22 years in real estate, I have facilitated hundreds of property transactions and met thousands of people along the way. After a while you become an amateur psychologist and can predict how a person will react when presented with a particular circumstance. As a company we do a lot of training to understand why people act or react the way they do. At our weekly training session … Read the full post »
In life, stuff happens. It just does. Most of it is out of our control. But it still happens. What is important is how we react and how we bounce. This is both in actions and in attitude. Most businesses work in a competitive playing field and the industry we work in is highly competitive. If you work hard things often go your way, but also the ability to deal … Read the full post »
