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Nice thread. Will check out all the links here. Mine are http://www.realestatetalk.com.au/blog/buying and http://www.brisbanetimes.com.au/business/column/real-estate-talk.
Kevin Turner | RealEstateTalk Host
Sellers Guide–appointing the best agent and how to make sure you get top dollar in any market.
[email protected] | Twitter: @RealestatetalkUpdate: Two more slots left! PM me for details!
It is difficult but not impossible to find a property that ticks both the positive gear and asset growth boxes. The secret is to look for the drivers that will offer both.
I recently interviewed Margaret Lomas about the growth drivers.
Margaret says the her drivers include:
· Population growth
· Demographic Mix
· Transport infrastructure
· Location of the nearest large centre
· Future plans for development
These are the best indicators for growth and the possibility of a strong rental return.
Kevin Turner | RealEstateTalk Host
Property Academy CEO Selling your home without an agent
[email protected] | Twitter: @RealestatetalkThe answer is simple. It is about:
1. Supply and demand
2. Stable employment
3. A healthy banking system
4. Borrowers who must take responsibility for the mortgage.
Australia and New Zealand tick all these boxes and while we might be going through an adjustment phase (driven largely by a lack of buyer confidence) we certainly have nothing that would resemble a ‘bubble’. Sales volumes are down and in some areas by as much as 30% and we have in excess of 6 to 12 months worth of stock but the underlying confidence and desire to ‘own a property’ is still very strong.
We are seeing Gen Y now willing to sacrifice some of life’s luxuries to get a property. That is a very positive sign.
Kevin Turner | RealEstateTalk Host
Property Academy CEO Selling your home without an agent
[email protected] | Twitter: @RealestatetalkKindly check your inbox Ryan! Thanks
Great post. Very informative.
Hello Swampy,
More agents are using this system and it can be good for both agent and seller. Just make sure the figure you are likely to get reflects the commission you will pay. 2% is the top of the scale you should pay. It can be as low as 1% but if you pay peanuts you will get monkeys. <moderator: delete advertising>
Kevin Turner | RealEstateTalk Host
Property Academy CEO Selling your home without an agent
[email protected] | Twitter: @RealestatetalkI wrote an article last last week about buyer's confidence being down due to global share markets and an increasingly uncertain future for the economy. You may want to read it here http://www.realestatetalk.com.au/blog/buying/30-buyer-confidence-is-down
Kevin Turner | RealEstateTalk Host
Property Academy CEO Selling your home without an agent
[email protected] | Twitter: @Realestatetalk