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Let’s Talk Property

June 16, 2017

 

What is the market like?

The Market is still very strong and stock is very low, all of which means those who are choosing this moment to sell their home are often being rewarded with record prices.

At the higher end of the market young buyers from Sydney and Melbourne who envision moving into our communities in a few years’ time are taking equity from their homes, often in buoyant inner city … Read more »

Depreciation differences: old versus new residential properties

June 1, 2017

Depreciation differences: old versus new residential properties

Property depreciation is a non-cash tax deduction available to the owners of income producing properties.

As a building gets older, items wear out – they depreciate. The Australian Taxation Office allows property owners to claim this depreciation as a tax deduction. Depreciation on mechanical and removable plant and equipment items such as carpets, stoves, blinds, hot water systems, light shades and heaters are all valid … Read more »

AUSTRALASIA’S TOP OFFICE!

May 30, 2017

 

First National Byron Bay has been awarded their No 1 Sales Office In Australasia!

CEO James Young accepted this outstanding accolade at the First National Real Estate Awards held at the Intercontinental Fiji Golf Resort & Spa on Friday 26th May.

With over 400 offices in the network, this is a huge win for our office highlighting the strength of our sales, property management and administrative staff.

The exceptionally strong culture of our … Read more »

Smoke Alarms

April 6, 2017

1300 Compliance Services are offering to check smoke detectors and blind cords annually to ensure that your property is safe.

Neither the landlord nor the tenant are, except with reasonable excuse, permitted to remove or interfere with … Read more »

The gift of curiosity.

September 23, 2016

 

We all have our own google and it’s called the humble question and when you ask someone a question you tell them immediately that you are interested in them which builds trust.

Asking good questions also gives you control and allows you to gently but deliberately direct a conversation and it promotes the swapping of stuff between people. Stuff like common experiences or feelings or simple things like talking about your … Read more »

The Tipping Point

September 7, 2016

 

There is a place, a tipping point in a real estate cycle where supply has evaporated and when the demand is so strong that often people who offer their homes for sale are knocked over by the offers they receive for their property.

3 factors are critical in maximising the price of your property in this type of market;

1. Choosing the right agent
2. Building competition through auction or with great negotiation … Read more »

Tongue not thumb…and why houses need someone to tell their stories.

July 19, 2016

 

We are on the brink of a radical change in how people communicate in real estate.

Buyers and sellers are starting to use the phone again to ring real estate agents and talk to them about property. Buyers and sellers are again walking into agents offices and speaking to an agent about property. In recent years both of these actions had all but disappeared.

Why did buyers stop talking to agents?

Because people … Read more »

How do people find your home? Then and now.

June 22, 2016

The greatest change in the house buying world is how people today find your house when it is for sale. The agent used to be the sole keeper of the knowledge and his or her listing book was a bible – like hard covered loose leafed magic depository that we all guarded zealously.

Agents were diligent with these handwritten books and they worked because they had contact phone numbers, property details, … Read more »

What’s the market like?

June 1, 2016

What’s the market like?

It’s the best I have seen since 2006.

During May our team at BBFN sold 19 properties ranging from $260,000 to $1,958,000 across a range of suburbs and communities.

Why is the market so strong right now?

In short it is because there are more buyers than sellers in our … Read more »

Does turbulence in the world’s stock markets influence our local property markets?

January 21, 2016

It’s a good and an often-asked question and right now the answer appears to be no. The real estate markets in our world have started 2016 exactly as they finished off in 2015, buoyant, optimistic and very busy.

The reason when you go looking for data to explain the disconnected nature of the two markets seems to sit in reports done by the Australian Bureau of Statistics.

In essence Australians hold only … Read more »

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