Our Agency charges 6.5% + Gst, $3.00 per month statement fee and 1 weeks rent + Gst when placing new tenants, thats it!
If agents are charging additional fees what’s the management fee for??
A rent rolls value depends on many things, ie; how many multipule landlords, how long the property has been with the agency, are the properties in good…[Read more]
Well I can see the property market already slowing in Brisbane. Our office has much more on the market now that we have had for the past 2 years. Prices that we were achieving for your averarge 3 bedroom Queenslander 6 months ago we are now srtuggling to get. Just watching other offices Auction results and I believe about 60% of them are being…[Read more]
Jez that seems expensive! Can’t help you on conveyancing in NSW but here in QLD about $350 – $500 is the go. No searches needed when selling mainly when buying. We don’t have a 149 here so I’m no good to you there either.
I think this Latham guy is an absolute joke, Can anyone really see him representing Australia on the international stage?
God help Australia if Labor get in! I don’t believe he will do half of what he says and if he does it will be Paul Keating all over again, country goes into huge deficet then it will take a liberal government to get us out of…[Read more]
If you want, I do not mind putting a pack together for you, and sending it out with all the information and forms you will need. My email address is [email protected] send me a message with your details. I own a Real Estate Office here in Brisbane and will help you out as much as I can.
Jenman really irkes me when he says agents get kick back from the media, or they charge the vendors more and keep the cream. I know a lot of agents and I do not know one who gets any sort of kick back and never have. What he is doing is scaring the public into using agents that use his system, whick he gets a kick back from. Mr hypocite…[Read more]
Brisbane lord mayor Tim Quinn can out this week and stated he wants to try and put caps on populations in certain areas. He believe the hugh migration into the North and South of Brisbane is having a major effect on number of areas; traffic, community planning etc. Wants to look at moving people west of Brisbane. Don’t know how sucessful he…[Read more]
Just for you info, from an agants point of view they only charge $22 per month for as many listings as you want. realestate.com charges $300 per month.
If a lot more people new about it and agents used it more, it could be very good given the chance and a few modifications.
Here in QLD it is definately NOT LAW you must pay a deposit. I have complete sales on as little as a $50 deposit, but the general rule we use is 10% or thereabouts once the contract becomes unconditional.
TERMS OF CONTRACT REIQ
2.4 ENTITLEMENT TO DEPOSIT
(1) The party entitled to recieve the deposit is:
a. if the contract settles, the…[Read more]
I biggest concern is the expense of management fees and inccuring cost of all that goes with it.
We had a unit on the Gold Coast and the on site manager was charging $10.00 to change an ligh bulb & $3.00 for the light bulb. Linen might get stained so it was replaced for about 50% more that I could buy it for and then charged to replace it.…[Read more]
Dosen’t the state of the street, houses and the surrounding area tell you what type of tenants that are going to be attracted to your house? – Think about it?
It could take many years for the area to come good, What IF you needed to sell and the market is not as good as it is now!
I herd a story once about a millionaire property investor,…[Read more]
Why are you collecting the rent? Should it not go to your PM, and then he/she fowards it onto you at the end of each month?
Any case here in rainy QLD tenants are allowed to get 7 days behind in rent before a formal notice can be issued. A further 7 days before another notice can be issued & if they still havent paid you may then issue a notice…[Read more]
Some of my experiences as a PM. I have rented dozens of properties of lower quality (55 – 20 yr old units) to Bosnian refugees and could not ask for a better tenant. They keep the units immaculate and their rent is ALWAYS paid on the exact date. At the same time I have rented $400 a week homes to doctors and the would never do it…[Read more]
For those people looking for property foreclosures my phone number 1s 07 3394 1595 or email [email protected]. More than happy for you to leave your details to me and I can pass on information as I get it.
My mate handles most of the major banks and some smaller banks here in Queensland/Nth NSW and just last week have now be given right…[Read more]
Send me your email address I may be able to help. I have a friend that works for the banks in repossessing homes. They basically make sure the occupants are out, organise a local REA and clean up the property ready for sale. As the market has been so busy over the last few years things have been a little slow for them and anything…[Read more]
My understanding is that if you buy a whole block of strata titled units you do need to set up a body corp, you can control it yourself but it still needs to be set up.. If it is a block of flats on one title then there is no body corp.
I find the property investment section of the major newspapers a good way to locate bloks of…[Read more]