Anjiep, I'd be interested to know the value of your home. For $14,300, at 2.5%+GST, thats over $520,000. Considering you need a conveyancer or solicitor anyway, let's leave that aside for a second; and lets take the $1,500 that you see as value off the agent's fees, leaving us at $12,800.I am yet to see a property worth around 1/2 a million…[Read more]

You're right, people won't pay more for your place when in 6-8 months time, they can build the same thing for less on the block next door. All you're really offering them is time: time saved by not having to build.Because of the general constant supply of available land in these areas, you really won't be offering anything that someone can't build…[Read more]

Jenman agents… dont start – one of the posts above claimed that normal agents were interested in building their databases more than selling houses… I challenge you to call a Jenman agent. Last time I called one, from a landline phone, before I was even able to talk to an agent, the secretary bugged me for my details 'just in case we get cut…[Read more]

Tools,There are plenty of properties that sell by either Sale By Set Date (R) or private sale with conditions attached. As to whether the vendors accept your offer, depends on the competition you're up against, vendor's motivation, whether other components of your offer suit the vendor, whether you're paying the vendor a premium for the conditions…[Read more]

Originally posted by wolverine80:
I’ve found a new aussy website that lets you list your property for sale/rent for free.

http://www.listnow.com.au

I’ve listed a few of mine there. It’s pretty good and my listings been viewed 100 times since I put it up.

Anyone know this mob? Why would they let me list my properties for free when all the other…[Read more]

Quick question kmiddlet, you mentioned you had sold before, but let me put something to you to highlight the point I was making:

If you’re the vendor faced with two offers that are identical (or relatively so) in every aspect except for the deposit, which one would you as the vendor pick out of these two:

a) $1 deposit, remainder payable on…[Read more]

Vendor would have to be keen to accept that offer… they probably won’t because ( as your question was about 14 days subject to finance), they have to take the place off the market and pretty much wait on you. Do things like the building & pest inspection before signing or during the cooling off period, and show your solicitor before signing – or…[Read more]

What suburb in Melbourne is the property?

(“,) $$$ HoLdEnCoMmOdOrE $$$ (“,)

As another agent (see my earlier replies to this post), I completely agree with you cjm.
Buyers: get cashed up and tell the agent – you’ll find that although the agent is paid by the vendor, they won’t get paid at all unless they make deals. Be creative like cjm mentioned, but make sure the agent’s you’re dealing with know that you’re pre-approved…[Read more]

That agent wasn’t from a company with the initials R W were they? (R.. W….) Haha, we have that a bit around here.

(“,) $$$ HoLdEnCoMmOdOrE $$$ (“,)

Same with my agency – we have listing territories – where we can only list certain things, but I can sell anything with our company logo on it – anything Victoria-wide. Works well as agents are able to offer more to the buyers, and gets a better result for vendors as there are more people working on their property.

(“,) $$$ HoLdEnCoMmOdOrE $$$ (“,)

Most of the time it will mean the person who listed the property from that agency – i.e. the person from that agency that signed up the authority to put the property on the market. Most of the time the listing agent then manages the listing – does the open for inspections, presents offers etc.

(“,) $$$ HoLdEnCoMmOdOrE $$$ (“,)

Everyone is given an equal opportunity though… their best price. I know where you’re coming from jneale, in that there should be more communication, because as the agent with an offer on the table but not being the actual agent presenting the offers, we’re stressing too.
The problem I’ve encountered with it the other way is that you end up…[Read more]

So you’re saying that every agent in town would rather not get any money at all than drop it by even just 0.5 or 1%? There’s a clear market there for one of the agents to cut their commissions and really boost their market share. You should try to sell that to them, see how they respond. Either that or get them to pay for all advertising and get a…[Read more]

In Vic it’s allowed -s27 application. Your accountant doesn’t sound too savvy with the property side of things – might want to get a new one just to get this project over the line.

(“,) $$$ HoLdEnCoMmOdOrE $$$ (“,)

Amanda is spot-on. I’m an agent, and I can pretty comfortably say that if someone doesnt give you a range at all, they’ll sit in your database forever – whats the point – they might be after a 3bed with 2 bathrooms etc… but they vary from 200 to 700k.

Like Amanda has said, give a range, or a figure that is flexible and see how you go. I know…[Read more]

Would I be right in saying your ex-girlfriend’s father had been in the industry for a while, maybe a director, but probably not? Go into any agency and pick out someone who lives or has done business locally, relatively young or noticeably keen, and take them out for a coffee (not to bribe them or anything, and not for too long, because at that…[Read more]

The agent did the right thing, asked for your best offer, and you had every chance, just as the other buyer did, to put in you best offer. Maybe you’ll listen next time.

The agent would have presented those offers to the vendor, having said ‘this is the best we’ve got at the moment’ and the vendor gets the final say. They acted…[Read more]

Think about it though – you want to have a good fight with your agent – if they end up getting you to pay what they wanted, they’re good – and you know they’re going to get the best price for your property. They’re in sales – if they can’t sell themselves to you, then they’re not worth it.

(“,) $$$ HoLdEnCoMmOdOrE $$$ (“,)

Depends where it is – in Vic, comm’s are completely negotiable. if thats the case, write it on the authority that 1%+GST if tenant or any associated party buys it, or 2%+GST if any other party (something to that effect anyway – you call the shots)

(“,) $$$ HoLdEnCoMmOdOrE $$$ (“,)