Before most new apartment projects are completed an architect sat down with a developer about 5 years before that to plan the new apartment development. So if you want to know what is going to be happening in 5 years time from now an architect...
(Property trading is buying and selling in a 1-3 year period) To the casual observer, Mr and Mrs Bumptious at a dinner party sound super clever regaling stories of how they purchased an apartment for $X and sold it for $Y pocketing a huge profit. Picking...
Underquoting applies mainly to auctions and is term used to describe when the estimated selling price is below the owners reserve. It does not necessarily mean the estimated selling price is below the sale price. The intention or purpose of underquoting is to encourage more...
For home occupiers of apartments, the decision to buy or sell is driven mostly by life circumstances such as work, family, finances, love (or not) and lifestyle and usually not by economic or market cycles. Property investors have the option to buy, sell or hold available...
There is a lot of talk about the apartment market and many questions being asked. Who is buying the apartments? How many buyers are from overseas? Where are the best places to buy an apartment? How is the demand for apartments? Have we built too...
It is perplexing for some people selling an apartment when their value changes more or less than the median unit price. It begs the question, “What is the median unit price anyway?” Let’s come back to that … first let’s discuss a couple of brief...
This refers mostly to private sales but has some relevance to auctions as well. Selling your property in a reasonably short timeframe is every vendors’ dream. It is second only to selling for the best possible price. Yet most agents will tell you one of the...
From many years working in Real Estate Ray Wood has discovered the key issues when it comes to selling real estate. He has written about them in his best selling book "How to sell your home for more" We discuss this very topic with Ray and...