Pros and Cons of Buying Off the Plan

Like any major investment, buying real estate off-the-plan can be high risk if insufficient research has taken place. But there are also perks to buying property that has yet to be built.

A to Z of Real Estate Terminology

A to Z of Real Estate Terminology

A to Z of real estate terminology.   Don’t know your LMI from your LVR? Can’t quite remember what caveat emptor means but you’re pretty sure Robin Williams banged on about it in Dead Poets Society?  Never fear: help is at hand. Without further ado, here is an A to Z of some of the most baffling real estate terminology.

What price should we put on our property?

What price should we put on our property?

Auctions are popular in the market at the moment and we suggest you familiarise yourself with the auction process. A standard residential property transaction is known as a Private Treaty sale. This is when you set the price you’d like your house to sell for, and your real estate agent negotiates individually with prospective buyers to achieve a sale as close to this price as possible.

Do you auction or put a price on it?

Do you auction or put a price on it?

Auctions are popular in the market at the moment and we suggest you familiarise yourself with the auction process. A standard residential property transaction is known as a Private Treaty sale. This is when you set the price you’d like your house to sell for, and your real estate agent negotiates individually with prospective buyers to achieve a sale as close to this price as possible.