Goulburn Real Estate Blog

News

June 28, 2019

Neither a rising nor falling market is a bad thing

By Andrew Trim
Author of Real Estate Dangers

The real estate market is not a single entity. It consists of millions of people making individual decisions based on their personal needs and opinions. Current real estate trends vary widely from state to state, city to city and even suburb to suburb, making the market virtually impossible to predict with accuracy.

Many sellers base their decision to sell on their own opinion of the real estate market. This opinion is often formed...

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June 21, 2019

Is Winter a Good Time to Sell?

By Peter O’Malley
Author of Inside Real Estate

As the cooler weather sets in, many people considering going to the market will be faced with a conundrum – sell in winter or wait until spring? The winter vs spring debate rolls around every year with predictions of low or no activity over winter and a plethora of new listings ready for the spring market.

Buyers are not seasonal. They buy when the right opportunity presents itself.

The number of listings on market...

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June 14, 2019

What does the result of the federal election mean for the Australian property market?

By Andrew Trim 
Author of Real Estate Dangers

Regardless of who won the 2019 federal election, Australians were promised by both Liberal and Labor that they would be able to purchase their first home with a deposit as little as 5%.

The First Home Loan Deposit Scheme, originally pitched by now re-elected Prime Minister Scott Morrison on May 12th and matched by Bill Shorten a few hours later, will be made available to individuals earning up to $125,000 or couples earning up...

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June 07, 2019

Cheap isn’t always cheerful: Why budget property management cost landlords

By Andrew Trim
Author of Real Estate Dangers

A common mistake that many property investors make is assuming that all property management is the same. This assumption can often lead to landlords choosing the cheapest service on the market, as they feel there is nothing to differentiate agencies from one another. What many landlords don’t realise is that choosing the cheapest property management team can become an expensive mistake in the long term. The team at First National Real Estate...

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May 31, 2019

Five Reasons Why Using a Good Agent is a Smart Decision vs Selling Yourself

By Andrew Trim
Author of Real Estate Dangers

Selling your home is one of the biggest financial decisions you’ll make, so it’s important to do it correctly. While it can be tempting to sell your house without an agent, saving yourself the fees, it’s important to recognise the advantages you have if you choose a good agent instead.

Time

Selling a home can be a lengthy process. It can take many arduous hours to sell a home – free time an...

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May 31, 2019

Congratulations Brody

Brody Willis has been named Sales Rookie of the Year for the First National Australian Network.

First National Real Estate’s highest achievers were presented with National General Excellence and Marketing Awards at Singapore’s Flower Dome at the First National Real Estate Convention 2019.

Our very own, Brody Willis has been recognised as the Sales Rookie of the Year at the national level after having been awarded with state honours earlier in the year at the NSW awards night.

This result is testament to...

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May 24, 2019

Know Your Purpose for Investing in Property

By Andrew Trim
Author of Real Estate Dangers

Many people assume property investors are rich and carefree.

This is far from true.

Most residential property investors are simply striving to create a better future for themselves and their families. They own one property – or possibly two – and rent it out in the hope that one day, with smart management and capital appreciation, they can use the value in that property so they don’t have to rely totally on government assistance.

Surely...

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May 17, 2019

Advertising: The Golden Rule

By Andrew Trim
Author of Real Estate Dangers

If an agent suggests an advertising campaign involving upfront marketing costs, ask them to pay for it. If the agent is so confident their marketing plan will result in a sale, they should be happy to front the costs.

A good agent will always be happy to receive reimbursement for marketing costs after the sale is completed, which mitigates the risk of financial loss for the seller. Selling a property is stressful enough...

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May 10, 2019

The Cost of Advertising

By Andrew Trim
Author of Real Estate Dangers

Marketing is not cheap. That’s why so many property advertisements have agents’ faces and agent names so predominantly displayed. If agents’ marketing costs can be subsidised by sellers, why not? Although the house is advertised, agents are also marketing themselves to other potential sellers. One major website will not allow agents to have their name displayed on an advertisement unless it is upgraded, providing further incentive for agents to convince sellers to...

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May 03, 2019

Are you paying to market your property... or your agent?

By Andrew Trim
Author of Real Estate Dangers

The real estate industry has convinced itself and the marketplace that the more exposure a property gets during the sales process, the better the outcome.

While this may seem logical, it’s worth digging a bit deeper. For example, is there a level of exposure that does more damage than good? When marketing a property for sale, does it need expensive exposure? Paying for exposure through expensive advertising presents two dangers: the loss of...

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