Trick or Treat? Melbourne Property Market Now
Trick or Treat? Melbourne property market now is offering both. Patchy, erratic and all over the place. Just the way we like it at Buyer Solutions and not at all what we have come to expect in the raging market conditions that prevailed in 2016 and 2017. Property buyers could find this confusing and comments […]
Exceptional sales result with Buyer Solutions Vendor Advocates
Yesterday we had an exceptional sales result with Buyer Solutions Vendor Advocates. With our Vendor Advocates you can be confident of receiving trustworthy, independent advice when selling. One of the most important financial transactions you will ever make is selling a home or investment property. Recently an investor with an acre of land for redevelopment […]
Finalist REIV Awards 2018
Later this week at the REIV Awards for Excellence the winners will be announced for 2018. I am honoured once again to be one of only four finalists for the REIV Buyers Agent of the Year category. A lot of hard work goes into even being eligible to apply for this award. We are in […]
No ‘Bricks and Slaughter’ in Hawthorn
I need to speak on the recent article by 60 Minutes entitled Bricks and Slaughter. Personally, I think it made incorrect generalizations about the future of the property market. In fact, other media outlets share our view. The property market moves at different speeds at different times depending on what and where you are buying. […]
Why did a property sell 50% above the quote range?
Why did a property sell 50% above the quote range? Special value to a special buyer? Buyer Solutions team inspected a villa unit in Balwyn North last month in Corhampton Road. It was an unrenovated, modest unit with some good attributes. The client we were working for at that time didn’t wish to renovate and […]
Property finance crunch
There is a property finance crunch happening right now in 2018. We are hearing that loans are hard to come by after the Royal Commission into banking has forced change on lenders. The amount you can borrow is being impacted. Also, whether you can borrow may have changed. If you could have borrowed $1 million […]
Rent fair? Changes are coming to the Residential Tenancies Act in Victoria
Rent fair? Changes are coming to the Residential Tenancies Act in Victoria. Parliament voted through these changes late on the 6th of September, 2018. So tenants, landlords and property managers get ready for 130 changes that will affect your relationships going forward. At the latest, this will be introduced in July, 2020 but I expect […]
Investing in property – capital growth or high yield?
Property investors need to ask “What’s more important when investing in property, capital growth or high yield?” Goal 1 – to create wealth – you need Capital Growth As an investor, personally I favor capital growth oriented assets. I want my investments to go up over time. My expectation is that an investment property should […]
Buyer Solutions Finalists in the Australian Small Business Awards 2018
Announcing Buyer Solutions finalists in the Australian Small Business Awards 2018 in the Champion Real Estate Agency category. Of the eighteen finalists, Buyer Solutions was the only agency from Victoria in the national list. This is the largest awards program for small business in Australia. “The Small Business Champion Awards is a celebration of small business […]
Having trouble with private sales?
Are you having trouble with private sales? The market is rough out there for the inexperienced buyer. Numbers of private sales are increasing and auctions decreasing in 2018. According to the REIV last weekend there where 886 auctions held. The same time last year there where 932. Also, clearance rates at auctions have dropped from 72% same […]