Apps for Real Estate?

PPG_June _IMage 7_appsSearching for what’s on at your local cinema? Want to check your heart rate or learn how to speak Spanish? These days you need look no further than your smartphone and the 1000s of apps available for instant download. So what about real estate apps? Well, there’s no shortage or them either – the good, the bad, and the ridiculous! Here’s a handful of the more useful real estate related apps on offer:

  • Dictionary of Real Estate Terms – new to real estate and not sure what the technical terms mean? This app has got you covered.
  • Home Tracker – Looking for a new home? Home Tracker allows you to document each property in detail as you visit it.
  • LoanCalc Free – a simple loan/financial calculator that can calculate any component of a loan. Included is a handy graphical comparison view.
  • Mortgage Calculator – a mortgage calculator that lets you work out a range of different costs associated with home finance. Calculate your monthly rate, price per square metre, and even your amortisation schedule easily with this app.
  • Stamp Duty Australia – this app instantly calculates the stamp duty payable on residential or investment properties across all states and territories in Australia.

Smartphone user beware, there’s no app that can replace professional advice from an experienced real estate agent!

Is there a right time to sell?

Real estate agents have long debated and even advocated that there is a “right” season to sell property.

Some argue that summer time is simply too busy while others will suggest that homes don’t look their best in winter, or even that buyers are distracted by the football season. While many agents advise potential sellers to defer selling until the Spring – typically the peak property sales period – it’s important to realise that there will always be buyers ready to act.

Sure, seasons may influence those who are just window shopping at a property with no serious intention of buying, but there are always people out there who need to buy a new home regardless of the season. Not everyone can wait until Spring! It’s these people we need to focus on.

Selling a home is not about the weather, it is about the craft – creating a marketing campaign that engages buyers regardless of the season.  It’s all about going into sell a home with the right strategy, the right focus and the right attitude – attributes that a PPG agent always brings to the table. If someone believes it’s not the right season to sell then things are automatically off to a weak start.

Property sales data for the past few months in Melbourne shows both a steady supply of homes and apartments hitting the market matched with a steady clearance rate. Median values have also remained fairly stable indicating that there is no mythical “drop off” point in the market where things stop altogether, just because of the time of year.

Regardless of whether there is an ‘ideal season’ to sell or not, there will always be people ready to buy property and agents just need to connect with them for their sellers and get the job done.

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Preparing to Sell Fast

PPG_May_image 4_preparing for saleWhat makes a house go on the market, have a number of open for inspections in the first week and a contract in place shortly thereafter? Luck and/or price may have something to do with it but there’s a good chance that the vendor was fully prepared to sell the property.

When gearing up to sell it’s important to do your best to see the house, no longer as your home, but as a product to be marketed. This can be difficult, especially if you have been in the home for a number of years and it holds so many memories, but it is necessary to maximise your potential.

Also, stand back and look at your house as objectively as possible. Would you buy this home? Ask friends and neighbours to do the same, asking them to be totally honest. Overlooking flaws could cost you money. Get any defects fixed before you put the house on the market.

Next, do what is necessary to make your house stand out from the competition. Make certain that your house is fresher, cleaner, and better maintained. Familiarise yourself with effective marketing and advertising techniques and listen to the experts.

Finally, remove most of the "imprint" that you have made on the house. Having a few family pictures around is fine, but you should take some steps to depersonalise it. Buyers must be able to envision themselves in the house, which is easier to do when the home is clear of clutter and private knick-knacks.

Hot Property – 275 Beach Road Black Rock

Take My Breath Away – Sunsets, Views and space everywhere!

Gloriously positioned on the beach front this HUGE 4 bedroom plus study family home has so much to offer and comes complete with an irresistible and irreplaceable view.

You can enjoy it now or renovate to your heart’s content as the accommodation is already there for you. Featuring 4 bedrooms, master with WIR and palatial ensuite, 3 further bathrooms, an abundance of formal and informal living zones, fantastic spacious kitchen complete with stone benches and meile appliances, a separate study, large family sized garden with enough space for an in ground pool, parking for up to 4 cars.

Soak up the sun & the village atmosphere in Black Rock. Just a short romantic stroll to one of Melbourne’s best swimming beaches, shops, cafes and perfectly positioned for sporting clubs and Melbourne’s leading prestige schools.

2011′s first weekend of Auctions generates clearance rates of 51%

reivThe 2011 auction season officially began last weekend, with about 80 auctions across Melbourne generating a clearance rate of 51 per cent. While it is too early to draw any conclusions, the same amounts of auctions were held this time last year, although the clearance was significantly higher at 80 per cent.

The Real Estate Institute of Victoria’s (REIV) first auction results list for the year includes all the auctions held since December 20 last year. As a result, there are a total of 126 auctions reported, with a 55 per cent clearance, as well as 1669 private sales.

Vendors currently running auction campaigns will no doubt be hoping for a repeat of the enthusiasm in the first half of 2010, when clearance rates were hovering around 80 per cent and competition at auctions was fierce.

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