It is often said that you make money in real estate when you buy (rather than sell), so acquiring local knowledge will avoid the chance of overpaying, and the long-term negatives of added interest and overleveraging that accompany one of the property market’s most derided moves.
With many real estate brands reporting record growth in recent months, coupled with interest rate lows, flexible lending and working arrangements, pioneering practices are rising to the challenges of pandemic-driven consumer behaviour.
If you read any auction stories in the Sunday papers or online, the words “clearance rates” will inevitably be mentioned. They indicate the strength of the selling market by measuring the percentage of homes sold at an auction or beforehand. The higher the clearance rate, the greater the buyer demand on that particular weekend.
An appealing outdoor zone and landscaped gardens can hugely increase the value of a home, which is why prospective sellers should start putting their green thumbs to good use now.
Selling your home or investment in spring is certain to attract keen buyer interest and vendor competition. But this ever-promising selling season also ensures your property is presented at its blooming best.
Signing contracts of sale for any property can seem daunting, at first. But, when handled correctly, the procedure should be straightforward and easy to understand — for buyer and seller.
Selling your home is one of life’s major decisions — with successful outcomes often attributed to the real estate agent representing your property. So, it makes sense to do your research if you aim to minimise stress and maximise financial returns.
Many people dread the thought of moving house, but it can be a cathartic and rewarding experience if approached with a positive mindset.
Designed primarily as the first contact point in what agents hope is a lifelong relationship, the obligation-free quote can be a positive experience for interested parties, depending on how it is handled. In effect, the appraisal should be the first step towards obtaining at least three opinions of your property’s value, with the median (or middle) value probably a more accurate indication of its worth.
Imagine that your dream home is up for sale and you can’t live without it. The only problem is that your current home isn’t even on the market, never mind sold. But don’t lose hope. Bridging finance can be the answer to your property aspirations, provided you meet certain criteria.