Underquoting is exceptionally frustrating for buyers and misleading to the market. It’s a slippery slope; once an agent starts underquoting properties successfully, it’s almost impossible for them to change their ways. Most buyers are upset because they waste time and money on completing due diligence, only to have their dreams
As we head into the final months of the selling period 2023, it’s become evident on several fronts how the market is currently performing. Quality renovated and new family homes that turn the key – move straight in that are priced well, are performing very well, and are selling under
One Charming Street in Hampton East has nine houses for sale simultaneously. Five of those houses are related to The Block 2023. You can see all Five Houses here as featured live on Domain. Will the block houses break a suburb record? The highest sale price for a home as close
The Insider’s Guide to Buying Property in Australia from Interstate or Overseas As much as I played a role in securing a NEWLY-BUILT FAMILY HOME POST-AUCTION for our Taiwan-based client, technology played an essential part in the acquisition. It allowed the purchase to take place seamlessly. Curious about how we
We decided to save you countless hours and shortlist the best Ten townhouses available for sale in Melbourne. When buying a Townhouse, you should always consider the Pros and Cons. It might be perfect if you lead a busy lifestyle and value time. On the other hand, if you enjoy
Homebuyers are falling off the mortgage cliff. How hard will the landing be? Remember when you could get two-year fixed term mortgages at 1.79%? If the same homebuyers were to refinance today, they would be looking at variable rates of around 5.75%. That, in a nutshell, explains a mortgage cliff.
Do you feel confident in your negotiation skills against real estate agents? Do you feel nervous or pressured in your conversations with real estate agents? Real estate agents have weekly training on how to negotiate the best price for the seller. The best sales agents sell anywhere from 4-10 homes
The City of Stonnington last night approved two major developments. On the ex-Ojay site at 671 Chapel Street, South Yarra, Daniel Grollo’s Build to Rent platform Home is planning a 22-storey mixed-use tower – a small portion of which (352 square metres) is for education and community space to be
Workers in the medical, legal and education fields are among a growing list of professionals who can save thousands of dollars when applying for a mortgage with a deposit of less than 20 per cent. A variety of different lenders offer waivers to certain professions on lenders’ mortgage insurance (LMI),
CoreLogic reported a further fall in housing values through the first month of spring, with the national Home Value Index (HVI) recording a -1.4% decline in September. Although values continue to trend lower, the rate of decline eased from a -1.6% fall in August. The loss of momentum in the
Understanding Underquoting | New Taskforce to Ensure Fair Property Market The Victorian Government has established a dedicated taskforce focused on unfair practices in the property market, including underquoting and ensuring all Victorians have fair and easier access to purchasing a property. At a time when households are struggling with cost-of-living
At its meeting today, the Board decided to increase the cash rate target by 50 basis points to 1.85 per cent. It also increased the interest rate on Exchange Settlement balances by 50 basis points to 1.75 per cent. The Board places a high priority on the return of inflation
The lag effect is the potential ineffectiveness of fiscal policy due to the time it takes to recognise an issue, implement the appropriate approach, and affect the economy. The March 2022 qtr inflation data highlighted a 5.1% figure that shocked many and led to the Reserve Bank of Australia raising
Whenever house hunting for our buyer advocate clients, we take a lot of things into account. The majority of buyers want to be close to cafes, parks, and public transport. Whilst families want a property in a sought-after school zone close to parks, playgrounds, cafes, and amenities. As buyer’s advocates
As buyer agents, we have all heard about Feng Shui from clients, our friends, families, colleagues, or acquaintances, whether it be a passing topic for conversation or a deep-thought discussion amongst peers. However, what exactly is Feng Shui? Why do some home buyers or even homeowners exercise this practice when
Acknowledgement of Country Industry Insider respectfully acknowledges the Traditional Custodians of the land of which we work, the Bunurong Boon Wurrung and Wurundjeri Woi Wurrung peoples of the Eastern Kulin Nation and pays respect to their Elders past, present and emerging.
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