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Renovating does not equal Riches

How exciting it is to see someone who has actually done a renovation project and they've made hundreds and thousands of dollars in it. You might think that it is easy to, I guess, replace the yield income by doing a renovation project. We've all probably heard some stories and we've seen the television shows with the really great outcomes and of co...

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How to negotiate a great property deal out there?

Buying a property in a buyer’s market is a lot easier than buying in a seller’s market. With abundant properties, slow-moving sales, and low prices, you can snag a good deal even with rusty negotiation skills. Unfortunately, the Australian property market is not currently a buyer’s paradise. Across the country, prices have been steadily risin...

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Buyers’ Agent Brief

Armed with an upwardly mobile couple's investment goals, three local experts set about finding the perfect strategy for kicking off their portfolio. In the January 2015 issue of Australian Property Investor Magazine (API), they introduced a new series called 'Buyers's Agent Brief'. Kieran Clair presented Bryce Holdaway with a hypothetical client...

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Tips for Buying at Auction – Part 4

Auction Tip No.5 Now my fifth tip is if you're actually a bit fearful or have some anxiety around the auction process, why not engage the services of a professional buyers agent? Because Buyers Agents are generally in the field all week, looking at properties and have attended and bid at hundreds and hundreds of auctions. So you can actually tap i...

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Bidding at Auctions between Now and Christmas

>> Play Audio Here   Christmas and New Year is getting close but never let those deter you from bidding at an auction for the property that you think ticks all the boxes. In this episode of Real Estate Talk, Kevin Turner interviews Bryce and asked him for some tips auction during Christmas period. Here's a snippet of the interview: ...

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Buying an Off Market Property

As Buyers Agents, we absolutely love a good off market opportunity. The key here is having a great network, as these kinds of property sales, while perhaps not having to deal with anywhere near as much competition, require strong property market understanding and negotiation skills if the buyer is to get a good deal. When the market is humming a...

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Tips for Buying at Auction – Part 3

Auction Tip No.4 Now my fourth tip is actually, don't be afraid of the Auction process because I know a lot of buyers are really scared off by bidding at auction. It's a really transparent process. If we're buying something at a private sale, say the agent rings you up and say, "Hey, I've got 2 people interested and I need you to put your best and...

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Seventh Heaven

Bryce Holdaway is recently interviewed by Sunday Times, Perth on the seven top tips to help make your home ownership dreams come true. Here's a snippet of the article: "There are plenty of would-be homebuyers who are beyond desperate to get a foothold on the property ladder. In my line of work, I see so many people go through the process of buyi...

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When should you do a Building and Pest inspection?

So the question is when should you get a building and pest inspection done on a property that you looking to purchase and in my view, you should always get it done prior to entering into a contract when you're actually in a position when you can do that. But I'm also aware that in some cases you just can't, so for example if it's a really fast movi...

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5 Easy Ways to Add Value to an Investment Property

Let us for this exercise look at a typical investment type property being a 1960’s built 2 bedroom 1 bathroom apartment within a two storey block of 10 similar apartments with one car space on title located within a 10 kilometre radius of the Melbourne CBD. The value of purchase is between $300,000 & $400,000 which is very similar to the t...

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Why should you do a Contract Review?

Look in my view, you should absolutely get the contract reviewed by a solicitor or a conveyancer prior to entering into a contract but definitely before you go unconditional on a property. Because let's be honest it's a big decision you're about to make and you going to spend a lot of money and there's a reason why lawyers and solicitors drive arou...

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Sometimes bidding at auction can really pay off

Many buyers like to shy away from auctions altogether, eliminating even the potential for securing that particular asset. It’s fair to say that most buyers tremble at the thought of having to fight it out in a public place, where agent ‘spin’ and underquoting can confuse even the most organised of buyers. But the reality is that most VENDORS...

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Auction: A Love Hate Relationship

Understanding why there's such a love-hate relationship in why buyers and sellers don't really like the auction process but the real estate agents do is really understanding what's in it for the real estate agent and the first thing is basically, vendor paid advertising for them personally and their business's brand. They've got the big billboards ...

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