June Newsletter 2015 read more

Newsletter
WINTER
IS HERE!
Thinking of selling in June?
Recently SOLD
SOLD
Spring. The reality is there’s no one season to sell a property that will suit
timing of the sale is that the fundamental driver for property sales is
3
1
3
Sold Date:
12th May 2015
Think of a real estate ‘season’ and your mind may immediately fix on
everyone. What you need to realise before you focus too heavily of the
8 Marsh Avenue,
BALLINA
SOLD
6/60 Swift Street,
BALLINA
2
1
1
supply and demand. People feel that going on market in Spring will fetch
Sold Date:
11th May 2015
them a better price because gardens tend to look their best, it’s the
‘nesting’ season, and there’s more daylight. We’re not in London or
Vancouver, however—in Australia you can certainly have a beautiful backyard and plenty of sunlight during winter in most areas. Waiting an extra
month or two can mean the difference between being the shining gem
SOLD
Here are some tips:
*Choose an inspection time that will maximize daylight.
temperature. This is the time to take advantage of that lovely open fire if
2
1
1
Sold Date:
8th May 2015
in Winter or just one of the pack, surrounded in competition in Spring.
*For chilly spaces, ensure you pre-heat the property to a comfortable
1/5 Henry Philp Ave,
BALLINA
SOLD
you have one!
193 Patchs Beach Road,
PATCHS BEACH
2
1
1
Sold Date:
20th May 2015
*Consider baking to circulate a pleasant smell and to use the oven to
warm up the place. This is the only time when baking is advised.
*The only time when it’s a bad idea to sell in winter is if the garden is the
only highlight of the property.
*Be the seller that makes hay whether the sun is shining or not by hitting
the market when supply is low and buyers are still keen to purchase.
New Listings
Source: realestate.com.au/blog
12 Alexander Circuit, LENNOX HEAD
33 Swift Street, BALLINA
21 Casuarina Road, EAST BALLINA
1/7 Clarence Street, BALLINA
4/12 Grandview Street, EAST BALLINA
6 Wendy Street, EAST BALLINA
69 Houghlahans Creek Road, TEVEN
11 Killarney Crescent, SKENNARS HEAD
11/6-14 John Sharpe St, EAST BALLINA
401/3-7 Grandview St, EAST BALLINA
2/147B Cherry Street, BALLINA
SOLD
103/3-7 Grandview St,
EAST BALLINA
2
2
1
Sold Date:
5th May 2015
Upcoming Auction
33 Swift Street,
BALLINA
4
2
AUCTION:
ON-SITE
2
13th June
10.00am
6686 3511
Disclaimer: This newsletter has been prepared by Professionals Ballina. Every effort has been made to ensure the contents are accurate at the time of publication. Professionals Ballina take no responsibility for any subsequent action that may arise from the use of this newsletter.
6686 3511
Whale Watching Spots In Ballina
Upcoming Community Event
The most popular vantage points for whale watching in the
Ballina, Byron area are Ballina North Wall, Ballina Lighthouse Hill
car park and Angels Beach viewing platform. From May to
October, Ballina is an excellent spot to watch the migratory
humpback whales pass close to shore.
Ballina Jockey Club
Racecourse Rd, Ballina
11am—5pm
Sunday 12th July
2015
Tickets: $20
For more information:
ballinafinewineandfoodfestival.com.au
6 Ways to have a stress free Auction day
DO YOUR RESEARCH
Before you put your house up for auction it’s important that
you’re at least a little bit familiar with the industry. Go to other
property auctions, ask questions of the agents and most
importantly have a few conversations with the bidders. Property
auctions are something most people will rarely participate in, so
it’s difficult to acquire organic experience in this area. This is why
it’s so important to get out in the field and learn as much as you
can before your own auction. The industry changes every few
years so even if you went through an auction ten years ago, it’s
still worthwhile to attend upcoming auctions to see what’s
happening in the space.
INVEST YOUR TIME INTO THE PROPERTY
Think about retail merchandise and the way damaged stock is
sold. It’s usually discounted right? The same goes with houses. If
there’s a hole in a wall, fix it. If the paint is chipped, fix it. If the
garden is full of weeds, fix it. A potential buyer is going to be
looking at every single corner of the property and it’s their job to
find the flaws. Make their job really difficult by thoroughly fixing
anything that is wrong with the house. Never assume that a
buyer won’t notice a problem. If someone is spending a large
amount of money on a property, they’ll notice a problem.
KNOW YOUR LIMITS
If the property doesn’t sell during auction, the agent may engage
CHOOSE THE RIGHT AGENT
in negotiations with the highest bidder. You need to decide what
If you have any friends or acquaintances that have sold property your offer limit is and whether or not you will accept it before
recently, ask them about their experience with their agents.
the auction even starts. Making a big financial decision under
Finding a good agent is like finding a good employee. Not
pressure isn’t a good idea. Have your limits mapped out prior to
everyone is going to work well with everyone so take the time to the auction to avoid making mistakes at a crucial moment.
find an agent that works for you.
MANAGE YOUR EXPECTATIONS
BE SURE ABOUT YOUR RESERVE PRICE
The property market is very much in favour of the seller at the
It’s important to be realistic about your reserve price but it’s also moment and there are constant market reports of homes being
important to feel comfortable with the price you’re putting on
sold for well above their asking price, which can give home sellyour property. A good agent should be able to talk you through ers unrealistic expectations. Just remember that each property is
this process. It’s in the best interest of the agent to sell your
different. Location, time of auction and even the weather on the
house for the best possible price so you need to trust their
day of an auction can have an effect on the sale of a property.
experience, but also be honest about where you draw the line
Be realistic and don’t expect a bidding war that ends with an
with offers.
unprecedented financial win in your favour.
Disclaimer: This newsletter has been prepared by Professionals Ballina. Every effort has been made to ensure the contents are accurate at the time of publication. Professionals Ballina take no responsibility for any subsequent action that may arise from the use of this newsletter.