Inspecting the Strata Books

As more apartments are constructed, many people will be moving into strata living arrangements for the first time. If you are purchasing a strata title property it’s crucial that you buy into a good apartment and a well managed building. Many people who buy into a building mistakenly make their purchasing decision exclusively on the…Read More→

VPA on the rise

The cost of advertising a home is rising and beginning to resemble the newspaper era. Owners are being offered or sold advertising campaigns up to and above $10,000. The cost of the campaign is paid upfront by the seller regardless of the success of the campaign. VPA stands for Vendor Paid Advertising. Agents will also…Read More→

Mystery shop potential real estate agents

The selection of the selling agent is usually decided upon from an interview and/or a sales proposal process. Whether it’s an interview or a sales proposal that you are using to determine your agent, neither actually shows the agent in action. Agents are fully rehearsed with scripts and dialogues to ensure a slick presentation when…Read More→

How much will it lease for?

Investors entering the property market need to protect themselves against overzealous rental quotes. Often the agent spruiking the proposed rental return is a sales agent and not a property manager. To protect yourself against an unwanted and unexpected shortfall in the income on your new investment, disregard a selling agent’s rental assessment. That’s not to…Read More→