The auction results from the weekend indicate that winter has come early, reflected in the late autumn markets. Dr Andrew Wilson, Chief Economist from My Housing Market, presents exclusively for Real Estate Talk and this week we see numbers fall in all the capitals and results follow the trend. Is this the new norm? We are now including the top 5 sales each weekend for … Continue reading Auction Insider: Sellers retreat
[flex_video widescreen=”true” vimeo=”true”] [/flex_video] Transcript: It appears APRA is turning to the banks and warning them that they have fallen well short of expectations regarding portfolio controls for commercial property. APRA has said – “Justifying lending decisions on the basis of ‘long-standing relationship’ or ‘good track record’ are insufficient, by themselves, to mitigate higher risk characteristics such as higher leverage or weaker pre-sale cover, especially … Continue reading VIDEO – APRA shifts its focus
With so many experts, advisors, commentators, market analysists out there, where do you turn to get the best information? There are so many other factors to consider. Joining me to discuss just how you can work out who you can trust – 2 very trustworthy gentlemen – Rich Harvey, President of the Real Estate Buyers Agents Assn and Ben Kingsley – chair of Property Investment … Continue reading VIDEO – Who do you trust? – Ben Kingsley and Rich Harvey
[flex_video widescreen=”true” vimeo=”true”] [/flex_video] Transcript: Data indicates Australia’s biggest-ever construction boom is slowly unwinding. Australian Bureau of Statistics shows approvals for new projects sank 17.2 percent in April. In fact building approvals have been on a decline since last August, with the once-booming apartment sector the biggest hit. Westpac Bank said “new dwelling investment is expected to enter a decline from late this year, becoming … Continue reading VIDEO – Construction boom ending – what is next?
[flex_video widescreen=”true” vimeo=”true”] [/flex_video] Transcript: If you are not sure how much you should be paying for a property, consider having it valued by an independent valuer before you sign a contract or bid at the auction. The cost can be about $400 which, in the overall scheme of things, is a drop in the bucket. Once you choose a valuer, write them a letter of … Continue reading VIDEO – The best $400 you will ever spend in due diligence.
[flex_video widescreen=”true” vimeo=”true”] [/flex_video] Transcript: It is quite a common practice to inflate the listing price of a property by a small or large amount to allow for some negotiations. Doing this also allows for fluctuations in the market created by temporary surges in purchaser numbers. Strong buyer interest at the time a property first comes onto the market will sometimes result in a property … Continue reading VIDEO – How not to lose 60% of your potential buyers.
[flex_video widescreen=”true” vimeo=”true”] [/flex_video] Transcript: When it comes to buying a property, you should never rely on verbal agreements. All property transactions must be recorded on a legal contract and include any special conditions or inclusions. This includes listing your property for sale as a seller. Having a listing agreement in place will allow you to have your expectations clearly confirmed. When buying resist … Continue reading VIDEO – When it comes to property – make sure EVERYTHING is in writing
Every seller wants to get the most money for their property when it comes time to sell. Watch this video from Kevin Turner as he share his thoughts on how to produce the most money when you sell. [flex_video widescreen=”true” vimeo=”true”] [/flex_video] Transcript: Ironically, the best way to do this is NOT to list at an excessively high price! A high listing price will cause … Continue reading VIDEO – The best way to get the most money when you sell
ASIC has commenced civil penalty proceedings in the Federal Court against Westpac for a number of contraventions of the responsible lending provisions. This could just be the tip of the iceberg because, as Andrew Mirams points out, the regulator says it has reviewed the responsible lending practices of 11 lenders. So what is ahead and what has Westpac allegedly done? Watch this 9 minute video … Continue reading ASIC takes Westpac to court
[flex_video widescreen=”true” vimeo=”true”] [/flex_video] Ken Raiss from Metropole Wealth Advisory spoke at a wealth function in Brisbane recently hosted by Metropole’s Shannon Davis. We caught up with Ken after his presentation to ask him 3 questions about successful property investing. Hear what he has to say in this 2 minute video. Save Save Save Continue reading VIDEO – Ken Raiss on business and property investing