17 June 2009

More mistakes to come...

It looks like the NSW state government is set to repeat the mistakes of the federal government with additional incentives for newly constructed property.

26 May 2009

The emotional auction game

The article in the SMH on May 24 called ‘Emotion runs high as an era ends’ shows just how easy it is for bidders to get carried away with the auction day hype.

29 April 2009

Fools rush in...

It seems as though everyone wants to know where the next property ‘hot spot’ is going to be where prices are expected to jump giving buyers a financial windfall in the near future. Don't get caught up in the hot spot myth. There is no substitute for thorough research before you buy.

15 April 2009

I find it staggering the amount of important information I overhear buyers share with selling agents at an open home…

If you want to buy real estate well, rule number one is to remember who is working for whom.

02 April 2009

Don’t write off properties going to auction - become informed instead!

So often I have people telling me that they want to buy a property but they don’t want to bother with properties that are up for auction.

24 March 2009

Waterfront apartment sells for $12 million in Manly. (As reported in the Manly Daily on 10 March)

I believe this sale demonstrates how buyers can easily be influenced by asking prices in any market. The developer was looking for $13.1m for this property and achieved a $12 million dollar sale.

18 March 2009

First home buyers caught up in Government induced frenzy

At the moment, I can’t believe how many sub $600,000 properties are selling so close to and above the asking prices – a result we haven’t seen since the buying frenzy in 2002. I speak with dozens of selling agents every week and they can’t believe it either.


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