Consumer Advice
Tips for Buyers
There are 14 common mistakes buyers can make when purchasing a property. We have compiled the following to assist you in buying a property, these include borrowing, inclusion costs, instinct neglect, initial costs. market influence, running costs.
Tips for Selling your Property
» How to get the best price for your property
Auction
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Auctions get a lower price
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Auctions encourage unfair tactics such as dummy bidding and vendor ‘conditioning’
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Most buyers are scared of Auctions
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Most buyers who buy at Auctions openly admit they would have paid more
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Use an agent who has proven knowledge and training in negotiation to ensure you get the best price, with a personal sale
Open Homes
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These are restrictive, inconvenient and dangerous
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Don’t allow strangers to wander through your home
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Sticky beaks will not buy your home. Only BUYERS will buy. Therefore, only buyers should inspect.
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Don’t restrict genuine buyers to one or two hours a week. Allow these people to inspect at any time.
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Ensure that your agent thoroughly qualifies the buyers before they are shown your property
Selling a Property with a Pool?
From 1 December 2010, most pools, including pools on properties where there is a house, townhouse or unit, need to comply with a new pool safety standard within five years, or earlier if the property is sold or leased before then. If you require further information, please follow this link to the Queensland Government's Website.
» Department of Local Government and Planning - Pool Safety
Ready for the Move?
Planning and preparing down to the last few details will make your move easier. Following a schedule that organises tasks within a time frame will keep you on track.
Stamp Duty Calculator
Use this tool from Smartline to calculate the amount of Stamp Duty you'll have to pay, this is dependent on which state you reside.
Guidelines for Overseas Investors buying Australian Real Estate
All contracts by foreign persons seeking to acquire interests in Australian Real Estate must be made conditional upon approval by the Foreign Investment Review Board. We strongly advise all interested parties to visit the link below to their website for further information.
» Foreign Investment Review Board Website
Books - We highly Recommend
Don't Sign Anything - Neil Jenman
Real Estate Mistakes - Neil Jenman
The Gift of Fear - Gavin De becker
The Sweet Spot - Peter Hartcher
Neil Jenman Website