The Spring selling season is just around the corner and clearance rates are rising, so is now a good time to sell your home at auction?
An analysis of properties sold via auction versus private sale over the past four years shows that auctions can typically achieve $20,000-$60,000 more depending on the market.
Wollongong offers the lowest costs for professional service businesses and that paints an exciting picture for the future, according to Wollongong City Council economic development manager Mark Grimson.
Mr Grimson sites data from a recent survey that reveals Wollongong's CBD is set to rival Parramatta, Sydney CBD and Melbourne CBD as the newest magnet for talent and businesses operating in areas such as finance, accounting, HR, administration and IT.
Off market sales became popular when Sydney’s property market was white hot.
Off market sales have always existed. But they started to become a standard feature of the Sydney property market in the strong conditions that existed between about 2013 and 2017.
That’s because going off-market has always been a strategy that tends to work very well in tight property markets, especially for high-end properties. With limited supply and enough interest in a property, it can let a seller cut straight to the people most likely to buy without the need to go through a lengthy public market campaign.
Illawarra house prices have continued to fall, but there may be signs that "things are turning around", a leading economist says.
Selling your home will likely be one of the biggest transactions of your life. You can try to do it alone to save money, but hiring an agent has many advantages. Agents can get broader exposure for your property, help you negotiate a better deal, dedicate more time to your sale, and help keep your emotions from sabotaging it. An agent brings expertise, which few home sellers have, to a complex transaction with many financial and legal pitfalls.