Articles

The Ultimate Guide On How To Add Value To Your Property: Expert Tips

Are you a homeowner looking to boost the value of your property? Look no further! In this comprehensive guide, we will provide you with expert tips and strategies to increase the value of your property. Whether you are planning to sell in the near future or simply want to enhance the market worth of your home, this guide has got you covered.

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Do real estate agents lie about other ‘offers’?

Real Estate Agents are always under scrutiny in their day-to-day dealings. This is because of the nature of their industry, the stakes are at their highest. We are talking about the biggest asset purchase or sale in both the vendor’s and buyer’s lives. We are talking about risking their own money and debt. There is only one property available and there can be only one winner and everyone else is the loser. There are no prizes for coming in second.

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What is a buyers agent

A buyers agent or buyers’ advocate is a licensed real estate agent who is procured by a prospective property purchaser to facilitate the acquisition of a property based on achieving the specific goals of the buyer. The buyers’ agent is tasked with sourcing, evaluating, appraising, negotiating, and securing property on behalf of their client.

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How to Lose Money in Real Estate [Parody]

If you are sick and tired of making money from real estate and seeing constant success stories all through the media. There are certain steps that you can take to ensure that you lose money. Sydney property prices have had a strong thirty-year surge and it’s quite difficult to lose money when the whole market rises but if you follow all these steps there is a good chance that you could end up in the red.

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Why are you paying so much? [Waterfront Properties]

Waterfront properties carry a certain lure of a lifestyle that very few of us could imagine. Back when we used to take holiday locally or overseas, a common place we visit is the seaside. We may hire a house right on a beach, or stay in a hotel with a private beach just metres away. We are drawn to the lifestyle that living by the sea gives as it may help us relax and unwind. However, what are the real costs to owning a waterfront property, and is it worth the hassle?

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What would interest rates at 5% cost you? [Costs]

There have been murmurings of interest rate increases and with debt levels at their highest, the potential impact upon borrowers in their ability to make repayments could be devastating. There may be borrowers out there who will be squeezed as interest rates increase. But what is the real impact of interest rate movements and how likely are they to occur?

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Opportunity Cost of Selling – You only get one Alan Bond in your lifetime and I’ve had mine [Kerry Packer]

This infamous quote was a remark from Kerry Packer on the business deal that saw Alan Bond buy the Channel 9 network for just over $1 billion in 1987 and sell it back to Packer for $250 million just three years later. I can’t help but see parallels between this quote and today’s residential property market but not in the same way of people losing out after buying but rather people losing out after selling.

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Are You Thinking of Selling your Home? [Guide]

Selling your home is one of the most stressful times in anyone’s life. The uncertainty in outcome, the sheer amounts of money involved and the potential future use of the funds is enough to make anyone’s stomach fill with butterflies.

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Sydney house prices to surge 23pc this year….[or will they?]

ANZ Research published its insights and prediction for the rest of 2021. With forecasted gains of 23 per cent in the 2021 calendar year, this is up from their previous prediction of between 15 to 20 per cent in March 2021. If you go back even further than that, this prediction is up from their November prediction of 9% for 2021.

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What would happened to Sydney if the Bubble Burst tomorrow? [Worst Case Scenario]

I generally avoid using speculation as a mechanism to help make decisions, it tends to lead to decision making toward hopeful outcomes with low probability. Speculation can help us understand the impact of possible scenarios when something changes outside of our control such as “What would happen to Sydney if the property values dropped 30 per cent tomorrow?”

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Why you should improve your Due Diligence Approach and Avoid Missing Out [Guide]

Due diligence is a vague term used to describe a level of research taken prior to a decision being made. There is no legal requirement nor parameter of what this can entail. For the nervous or process driven, this could be a time-consuming exercise which could result in analysis paralysis, the feeling of being so overwhelmed with tasks and decisions that no action is taken and the property is sold. For the nonchalant, it could be as simple as a strata, or building inspection report review and a contract review by a solicitor.

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What is Company Title: Unrealised Opportunity or Potential Pitfall [Question]

Company title was the answer to the property law problem of airspace subdivision prior to the implementation of Conveyancing (Strata Titles) Act 1961. Company title was a system of ownership where the owner does not actually acquire an estate or interest in real estate. What is actually owned is a number of shares in a company. That company owns the building and land as a whole and each owner of shares would be assigned certain rights of exclusive use for their apartment.

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What is Australia’s Best Invention?

Australians are an innovative bunch, the cochlear implant, and wi-fi technology are just two Aussie inventions that have changed the fabric of the world and the lives of billions but what is the most important invention for Australians? We’ll have to go back in time to answer this question.

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Houses are Cheap [Counter-Intuitive Thinking]

I don’t really believe people really understand how lucky we are in Australia. I have travelled all over the world seeing poverty in its extreme, corruption at its worse, and life at its cheapest. Yet I still receive comparisons of how much the Sydney median house price could purchase a French Chalet or a Caribbean island in newspapers. I understand that these ‘articles’ are click bait but the level of buyers frustration through auction results has given a real sentiment that people feel that they are paying too much for property.

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Living Spaces v Dead Spaces [Architecture]

Urban planning and architecture are centered on the notion of creating living spaces that facilitate human interaction, ease tensions, and excite the senses. The value of these spaces is not in the building materials that comprise it, nor the planning controls that regulate it. Its value is derived from its ability to create events within it. The idea transcends from the smallest rooms to entire cities.

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