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How to be a clever analyst of latest property news and the headlines

Recently, we interviewed property journalist Kirsten Craze on The Elephant in the Room property podcast. She was very revealing about the emotive nature of latest property news and specifically why the headlines can’t be relied upon. Kirsten brought along a series of latest property news headlines that had appeared in the space of a few […]

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How to make an offer on a house or apartment

Property buyers need to know how to make an offer on a house or apartment so that they don’t act too fast and overpay or, conversely, muck around and end up missing out to another buyer. The fundamental rule to follow under most circumstances is not to make an offer until you are ready to […]

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How much can you trust a Real Estate Agent?

Lets talk about the Elephant in the Room: can you trust a real estate agent? I’ve been working on an exciting project over the last couple of months, it’s a podcast that explores buyer behaviour and we’ve been interviewing sales agents and auctioneers to find out the specific strategies and tactics they employ to influence […]

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What to look for in a Strata Report

Tips to look for in your Pre-purchase Strata Report The first thing you need to understand is that the quality of reports are highly variable and can only be as good as the quality of the information that’s made available for the inspector. Not all strata managers are the same and some are terrible at […]

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How do you set a maximum auction bid?

You should set your limit, your maximum bid, before you go to auction. So, how do you set a maximum auction bid? First of all, you need to forget all the other buyers and forget about the vendor, just for a moment. This is about you and the property. It’s about how uniquely this property […]

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What does auction price guide mean?

Every state or territory in Australia has laws to prevent agent underquoting. These laws are meant to make sure that the agent quotes a price that is realistic and close to the figure prospective buyers can expect the property to sell for. The thing is, they’re not all that reliable. So it’s really important, as […]

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How do you make a pre auction offer?

A lot of buyers are really scared about going to auction because they fear being outbid or they’re just daunted by the prospect of performing in public. Now because of this, a lot want to make an offer prior to auction. They think this is the best way to go about it. So, how do […]

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Current property market conditions – A glimmer of hope in the current spring stock-starved market

Let’s face it, the spring property market this year in Sydney is shaping up to be a bit of a Malcolm Turnbull (in other words, a fizzer). It’s been well publicized that the level of new listings is lower than in previous years. I have seen buyers knee-jerking in their response to this by paying […]

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