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Which Season To Sell In?

October 18, 2018

Purchaser Sales Vendor

Does the time of year really make a difference? We have all heard the hype that spring is the best time to sell but as the colder months approach does this time of year deserve the stigma of being the worst time to put your property on the market? It does make sense to sell […]

Breaking a Fixed Term Lease

October 9, 2018

Landlord Property Management Tenant

A Residential Tenancy Agreement, also known as a lease, is given to a successful applicant of a rental property, by either the agency who is managing it or the landlord. It is a legal contract between the tenant and the landlord. The two most common types of lease are: Fixed Term: A fixed-term lease is […]

Presenting a rental property

October 2, 2018

Landlord Property Management Tenant

Presentation counts for rental properties too Most times when an Agency undertakes a leasing and marketing campaign for a rental property, the presentation is a result of the last tenant. Legislation keeps the responsibility of vacating tenants to ‘reasonably clean’  which leaves a lot of room for interpretation                           . There is much to gain getting […]

Buyer Beware

September 18, 2018

Purchaser Sales Vendor

Have you done your There is a lot more to Due Diligence than getting a Building and Pest Inspection performed. Careful and thorough checking of anything that could affect you and the desired property takes time and effort. It is very important you take the necessary steps to identify any obligation and restriction issues regarding […]

Goods and Chattels

September 6, 2018

Purchaser Sales Vendor

(AKA – ) What stays and what goes when you buy a property? A Purchaser’s offer has been accepted by a Vendor and contracts are being organised to be signed, but what actually are they buying? Yes, when a Purchaser buys a property they get the title and that gives them the right to the […]

What is a Comparable Sale?

August 22, 2018

Purchaser Sales Vendor

On the 1st May, 2017, Consumer Affairs Victoria introduced new underquoting laws which apply to Estate Agents and Agent’s Representatives engaged in selling residential property in Victoria.Based on legal requirements, an Agent must take into consideration the three most comparable property sales to the property for sale when discussing an *estimated selling price with a […]

Contract of Sale of Real Estate

July 24, 2018

Purchaser Sales Vendor

A property is ‘Under Contract’ when both Vendor and Purchaser have signed the Contract of Sale. It is deemed to be ‘Unconditional’ (sold) when all the conditions of the sale have been met. The Contract of Sale can also be used by prospective Buyers to make an offer on a property. A formal Contract of […]

Vendor’s Statement (Section 32)

July 18, 2018

Purchaser Sales Vendor

It is a legal document, also known as a Vendor’s Statement, and is so called because the information it must contain is set out in Section 32 of the Sale of Land Act.  The Vendor (seller) is required to supply any persons who have an interest in purchasing their property with a Section 32  BEFORE […]

Landlords – Are you meeting your duty of care?

June 29, 2018

Landlord Property Management Tenant

We have compiled a series of questions a landlord needs to consider and perhaps take action on to make sure they are meeting their duty of care and complying with all regulations. Do you have a contractor to check the smoke alarms annualy? It is the law for every home to have a working smoke […]

Sales Process Checklist for Vendors

June 27, 2018

Purchaser Sales Vendor

We found this quick and handy checklist for sellers to help them with the sales process.  (from Real Estate: A guide for Buyers & Sellers) We hope you find it useful. Have you researched how much your property is worth? Have at least two separate agents presented you with a marketing plan and appraised the […]

Buying Process Checklist for Purchasers

June 18, 2018

Purchaser Sales Vendor

Here is a handy checklist for purchasers to refer to when looking at buying a property. (from: Real Estate: A guide for Buyers & Sellers) We hope you find it useful.   Have you worked out your budget? For most buyers this means finding out if you are eligible for a loan and the amount […]

Property Consultants’ Responsibilities to Their Vendors

May 9, 2018

Purchaser Sales Vendor

There is no doubt we work for the vendor, they have hired us to do a job for them, they are paying us to negotiate the best possible price and contract conditions for their property.  Not only do we take these responsibilities very seriously, we also have other obligations we need to meet in regards […]