Author: skadadmin

Real Estate Auction Tips For Vendors

Post author By skadadmin
Post date July 28, 2020

1. Choose the right agent and auctioneer –

These are debatably the most important people involved in your auction. Your agent and auctioneer will have a big impact on the outcome of your auction, so it’s imperative to take time to find the right partner to help you sell your home. Choose someone with a proven positive history, look at the agent and auctioneer’s recent sales in the area, and make sure your auctioneer is registered under the Land Agent’s Act.

2. Set your reserve price –

As the Vendor, you can set the reserve price with your agent. Look at previous auction results in the area to get an idea of how much you can expect from your property, and consider the supply and demand during your time of sale. Make sure you’re not picking a holiday time, as people aren’t usually keen to buy during these periods. Talk with your agent and make sure you pick the peak time to sell your home.

3. Spend time preparing your home –

Whether it’s styling your home or making renovations to increase your property’s value, little changes can boost the appeal of your home in order to attract potential bidders. Keep your house looking nice all the way until auction day – you never know when a prospective buyer is looking. Speak with your agent about hiring furniture for Auction day if you’ve already moved out, as buyer’s like to see the appeal of the home and having the house styled helps greatly with this.

4. Advertising price –

When advertising your property prior to the auction it is necessary to give prospective buyers guidance on price. The advertising price should be set in accordance with the comparative market value of the property and with consideration of the reserve price. Speak to your agent in depth about what’s right for your home. Some buyers will not contact the agent if they see the property advertised for auction without an indicative price range so it is vital to provide this information to them, the more open and clear you are about it, the more people will seek more information!

5. Social Media Marketing –

In order to for you to have a successful auction and get the sought after price for your home, it is essential that you utilise social media advertising to attract as many prospective purchasers as possible to your auction. This is done by advertising the property in every possible medium and also making sure that all the neighbours are invited. Having a large crowd at an auction creates a perception to prospective buyers that there is strong interest in the property and that they need to bid in order to purchase the property. Even invite friends and family!

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A buyer’s market post COVID-19

Post author By skadadmin
Post date April 8, 2020

The restrictions introduced by our state and federal governments were necessary and helped to stop the spread of the virus, luckily, the property market continued to operate. The important safety and health of all persons involved the a lot of changes had to be made to operations, but it was a necessary reaction.

These restrictions certainly placed a strain the buying and selling of property. But with changes seeming to be on the horizon, what can we expect in these times on uncertainty?

With the country slowly opening up again our industry has stayed alive during the extreme times we’ve had. With less owners selling, meaning less properties available, competition has meant that buying a property has been a lot more difficult than usual.

Listings could potentially be on the rise as COVID-19 restrictions ease meaning a good number of properties may start becoming available. Remember, just because there is a property seemingly selling for cheap, doesn’t make it an automatic good purchase. In times like this, extra research and caution can be a helpful approach when looking to buy.

As always, due diligence is the key to making an informed purchase.

In times like this, extra research and caution can be a beneficial approach when looking to buy an investment property.

Since a lot of people have seemingly been some of the hardest hit by shutdowns, with many employed in industries such as hospitality, retail and entertainment, the market suddenly became quite hostile for these potential buyers making it almost impossible for them to get into real estate.

When you have bought property, whether as a home to live in or as an investment property, the low volatility is an advantage. In a situation such as the recent and disastrous COVID-19 pandemic, the non-liquid nature of owning residential property can serve an owner greatly.

While the property market might see some loss, it has shown that recovery and building capital gains happens in the long term and therefore may not cause as much panic for an owner or those wanting to sell.

With the economic conditions improving there are more opportunities to find an opening in the market. Team SKAD has the knowledge and experience to give you the best possible property journey, whether you’re a seller looking for the best return or a buyer looking for perfect property for your needs. Contact our sales team today to see what they can do for you.

Tags Properties, Rent

Properties

Tips to take the Stress out of Moving

Post author By skadadmin
Post date April 7, 2020

Accept that stress is a normal part of the moving process –

If you recognize from the get-go that you are probably going to stress over the course of your move, you’re less likely to let it set you back when it happens. Every move is going to involve a little bit of stress.

1. Give yourself enough time –

One of the biggest sources of moving stress is time and not having enough of it. A stress free move might not be entirely possible, but you can make it a whole lot easier by making sure to give yourself enough time to getting everything done.

2. Stay organized –

From packing and labelling boxes in a way that makes them easier to unpack, to keeping all of the documents you might need, to the contract with your movers. If you make organization a priority first off, you’ll set yourself up for fewer headaches and an easier overall move.

3. Consider Hiring a Moving Service –

A moving service can take a huge amount of stress off your back by doing all the physical work for you. Some even include the planning as well. It’s an easy and efficient way to cut down your stress during the moving process. Make sure to research the moving company to ensure it is a reputable choice.

4. Declutter in advance –

Clearing your home of any old, unwanted or unnecessary items before your move can save you time and stress, but it can also save you money! It might be hard to say goodbye to the memories but you will thank yourself later once you start unpacking in your new home!

By donating, recycling or throwing away things you don’t need, you’re cutting down on the amount of stuff you need to move. The less stuff you have, the smaller the truck and the fewer hours you need your removals team for. This is cost effective and helps you cut down your organising time as well!

The simple way to save money on your move is to avoid paying to transport things that you’re only going to throw away when you reach your new home!

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