Posts Tagged ‘Selling’

The Importance of Investing in a Marketing Campaign

In our daily work life as Agents, we often meet with sellers who are totally sold on the idea of selling their home for a premium price, but not sold on the idea of investing in a marketing campaign.  The main reason for this seems to be hesitation at making an investment without the guarantee of a sale.  Now, in a flat market, this can seem like an understandable concern; … Read the full post »

Property Terminology 101 – Part II

Following on from last week, here is Property Terminology Part II, aiming to provide a simple and clear definition of property terms you may come across from time to time.

Strata Title: The formal ownership of a property within a strata plan where the property is defined within horizontal and vertical boundaries, and proprietors have joint rights over the land and common areas.

Company Title:  The building and land are owned by … Read the full post »

Property Terminology 101

As property professionals we regularly use specific terminology in our communications, often without spelling out what these terms mean, coming from a place of assumption that people just ‘know’.   However, feedback indicates this is not always the case, so over the next two newsletters we have outlined a simple breakdown of some of the most common terms used in the context of real estate.

Appraisal:  An estimate of a property’s market … Read the full post »

Buoyant Property Market

The local and national media has been recently reporting about the buoyancy of regional property markets amidst the COVID19 pandemic, highlighting the Sunshine Coast as one of the most popular markets, particularly for buyers from Sydney and Melbourne.

This month the Australian Bureau of Statistics reported a significant shift of people moving from capital cities to the regions including a net loss of 14,000 in Sydney in the first half of … Read the full post »

Timing is Critical: The Window of Opportunity

There has been a significant amount of commentary around the Australian property market in 2020 in the context of COVID19, and many attempts to predict what’s around the corner in 2021.  One thing that is clear is that many of the dire predictions about the Australian property market falling off a cliff, just have not come to fruition.  Despite coronavirus lockdowns, recession, and rising unemployment – our property market has … Read the full post »

Market Sentiment QLD

The Queensland real estate industry body, the REIQ, have been carefully monitoring not only the state property market in the wake of the COVID19 global pandemic, but also consumer sentiment across Queensland regarding consumer confidence in recovery and general outlook.

Whilst there is evidence property prices have dropped nationally by 2%; Queensland has fared somewhat better overall with a 0.3% drop, and the Sunshine Coast, very much a lifestyle-driven regional market, … Read the full post »

Demand for Lifestyle Regions on the UP!

The media is flooded with stories, mostly negative, about the Covid19 virus and its impact on the national economy – particularly focused on employment, business confidence, and diminishing international migration so critical to growing our economy, particularly in the property development sector.

However, amidst all this doom and gloom, there have been some interesting and quite positive trends emerging that are really starting to gain traction and the attention of industry … Read the full post »

Change of Name on Property Contracts

There are occasions when after a contract is executed, the buyer wishes to change the name; for example – the buyer decides they now want to purchase in the name of a company or trust instead of an individual, or the buyer wants to remove or add the name of a spouse or partner.

Reasons for this are varied and can be driven by professional advice from an accountant or solicitor, … Read the full post »

Winter Outlook for Property Market

According to some leading property analysts across the nation, and indeed many agents experiencing a surge in enquiry as the COVID-19 restrictions ease; this winter could prove a more active market than anticipated.

The spring season is normally the most popular time to sell homes, with the weather warming and gardens in full bloom; however, confidence is starting to trickle back into the market, as many are now seeing some light … Read the full post »

Importance of Disclosure

Many years ago when a contract was prepared it was up to the buyer to execute due diligence and carry out relevant searches and enquiries to assess whether there were any issues with the property; the onus was on the buyer, known as a caveat emptor – ‘let the buyer beware.’

Thankfully, we now have much greater emphasis on protection for the buyer, particularly in the residential property market; there are … Read the full post »

COVID-19 – Is it affecting the market yet?

Right now everyone is asking us how the market is being affected by COVID-19 and if it is a good time to sell or whether buyers have pulled back. Since Saturday, we have put three of our current listings to contract. If you were considering selling in the next few weeks or months, we would recommend to do in now as we have active buyers looking to buy right away.

At … Read the full post »

Listings Needed URGENTLY!

Here at Wright Property we have had a busy start to 2020, particularly dealing with high volumes of buyer enquiry.  We are urgently seeking listings to meet demand and can confidently advise that right now is absolutely a SELLERS MARKET in Mount Coolum and immediate surrounds.

One of the reasons for this surge in enquiry could be attributed to the latest figures released by the ABS showing a strong uplift in … Read the full post »

Next Entries »