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A buyer’s market post COVID-19

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.

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Tips to take the Stress out of Moving

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!