Archive for May, 2009

Top Tips For Selling Your Home Fast Without An Agent Part 1

Sunday, May 31st, 2009

home-soldSelling a home in a buyers market can be difficult and stressful. There are many things that need to be considered and dealt with when you are selling your home on your own. If you want to sell your home and come out with your sanity intact when it is all over you will want to consider these tips for selling your home fast.

  • Answer The Phone. If you are going to go through the trouble of advertising your home for sale and providing a phone number then you need to make sure that you are available to answer that phone. No one will buy your home if they can’t get a hold of you to inquire about it and set up a time to see the home. Also if you provide an email address be sure to check your mailbox often and answer any inquiries in a timely manner. Maintaining communication with potential buyers is very important.
  • Sell Your House On Appearance. It has been said that you never get a second chance to make a first impression. This is especially true with real estate. Your potential buyer will form an opinion of your home and decide if they want to buy it within the first three minutes of setting foot on the property. So make sure that you do everything possible to make a good first impression. Be sure to have the property looking neat, clean and well looked after.
  • Have a building inspection done as well as a pest inspection done. This will give potential buyers a sense of peace about your property and ease any worries or concerns that they have.

In the next installment we will continue to look at the top ways to sell your home on your own, without using a real estate agent.

Property Options Australia
Property Options Blog © 2006 - 2009

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Careful Not To Train Competition

Saturday, May 30th, 2009

When you desire to hire an assistant, you need to be sure that you are not actually training your competition, while still hiring someone with the motivation to get things done.

Same Initiative, Different Interest

It is important to understand that not all people who have such initiative are those who are interested in real estate investment. Several people are interested in investing in real estate and do nothing about it. There are just as many people who have the initiative and are willing to take on the task of becoming a personal assistant to property investors, but do not necessarily share the same interest in the real estate market.

assistant-trainingThink about it, you do not see very many office managers and secretaries working at an accounting firm who yearn to crunch numbers in their spare time. Likewise, you will not find many law firm receptionists who would rather be preparing briefs and arguing cases. Assistants take the types of jobs they do because they want to work as an assistant. You do not have to hire an assistant who is interested in closing his or her own deals.

Keep Your Secrets

When you hire someone who is interested in becoming an investor, you run the risk of losing their services once they decide to do their own deals. This will end up costing you extra time and money in the long run finding a replacement.

Confidentiality is also a concern. If the individual you hire as your assistant decides to open a real estate investment business of his or her own, they may attempt to steal your deals, prospects and trade secrets. They will have the opportunity to get to know your private lenders, potential buyers, seller leads, and not to mention your best top-secret marketing techniques. You could lose thousands of deals and opportunities.

Property Options Australia
Property Options Blog © 2006 - 2009

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First Time Home Owners Cause Surge In Unlikely Areas Part 2

Friday, May 29th, 2009

In our first installment we looked at the trend of unlikely areas receiving an upswing in home sales and interest as a result of the First Home Owners Grant and boost. Here we will continue to explore this unusual and interesting phenomena.

First Time Home Buyers Make Up The Bulk Of Those Purchasing Real Estate

Property ShoppingFirst time home buyers are making up a large percentage of house hunters right now as a result of the Government First Home Owners Grant. First time home owners can get an added boost of $21,000 for newly built homes and $14,000 for already existing homes through the end of September.

Extra Money Helps New Home Buyers Afford A New Home

This extra bit of money offered to first time home buyers has helped many of them to realize their dream of owning a home and has also helped to stimulate the market in lower end areas that were faltering before. These areas tend to be more affordable to people who are taking advantage of the first home owners grant money. The faltering upper end of the market has only increased the boost to the lower end of the market.

Lower Interest Rates Add To Market Boost

Another reason why the lower priced housing market is seeing such an increase in property sales is due to lower interest rates and a desire by many Australians to have smaller homes and easier to manage mortgages. These factors help to boost the sales on the lower end market homes. These same factors are hurting houses that are priced on the higher end of the market. Houses with as price tag of 1 million dollars or more have seen a significant decrease in sales over the last year.

Property Options Australia
Property Options Blog © 2006 - 2009

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Behind Every Great Investor Is A Great Assistant

Thursday, May 28th, 2009

One of the greatest investments that you will make as an entrepreneur in the real estate industry is an assistant. Just as with all aspects of business, finding the right assistant requires a certain amount of time and money. You have to spend money to hire, compensate and train them; and you need time to ensure the job is done well, which should lessen overtime.

ROI You Cannot Deny

A good real estate investor’s assistant will save you numerous hours of work for every hour that you spend training them to do the job right. In addition, an assistant will aid you in generating even more income. The return on investment of hiring a great assistant is incredible.

investor-assistantEven though several real estate investors are determined to do everything on his or her own, or simply feel they cannot afford to hire an assistant, there are several reasons why many investors in the property market feel they cannot live without their assistants.

Numerous Benefits

One of the greatest advantages to hiring an assistant is the marketing benefits that they bring. A great assistant will help you with your advertising campaigns, compile lists, make calls, compose and print letters, stuff envelopes, research pricing, buy supplies and hordes of other tasks that you do not have the time or the motivation to complete on your own.

Another benefit to having an assistant is the image you will be able to portray. When property owners, loan officers, etc. get a call from your assistant, you will be perceived as a serious professional in an instant. You will give the appearance of organization, trust and success.

You will be more credible to sellers who feel at ease with your professionalism. Just by having an assistant, you will immediately open up opportunity for better deals. Lenders will acknowledge that you are a legitimate organization and be more comfortable with giving you money to finance your investments.

A reliable assistant will provide you with a number of great benefits financially, but the greatest is probably mental benefit of time to do more away from work without stress.

Property Options Australia
Property Options Blog © 2006 - 2009

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First Time Home Owners Cause Surge In Unlikely Areas Part 1

Wednesday, May 27th, 2009

The First Home Owners Grant has helped many first time home buyers in Australia get into their very first home. And it has caused quite a stir throughout the real estate world as realtors and mortgage companies as well as banking financial institutions try to evaluate the effect that the grant is having on the overall real estate market in Australia.

An Upswing In Less Popular Areas

The property in upmarket suburbs of Australia has been on the decline in recent months. And while these areas are still declining, the less popular suburbs and areas that have been neglected or over looked in the past are getting a lot of attention from first time home buyers. While the million dollar suburbs are seeing a decline in property value and appeal, the suburbs such as Mansfield Park, Ottoway, Port Adelaide, Enfield, Caboolture have all seen capital gains of more than 20% over the course of the last year for homes that sold for less than $350,000.

Increase Due To Better Affordability In Previously Overlooked Areas

One obvious reason why the above mentioned areas are doing so much better than the more affluent areas of Australia is the more affordable purchase price. But another reason why these areas are receiving so much attention is due to the types of people who are looking. First time home buyers who have been scrapping money together to purchase their new home typically do not have the funds needed to buy higher end homes in affluent upscale areas. And since first time home buyers are such a big part of the house hunting group presently this makes it harder to sell those higher end homes.

In the next installment of this series we will look at some other factors that are involved in the surge of home buyers in unlikely area.

Property Options Australia
Property Options Blog © 2006 - 2009

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