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.
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