Putting a value on your property can sometimes be difficult when emotions and past expenditure come into play. This is why a professional agent’s opinion is so important.
Putting a value on your property can sometimes be difficult when emotions and past expenditure come into play. This is why a professional agent’s opinion is so important.
Auctions are popular in the market at the moment and we suggest you familiarise yourself with the auction process. A standard residential property transaction is known as a Private Treaty sale. This is when you set the price you’d like your house to sell for, and your real estate agent negotiates individually with prospective buyers to achieve a sale as close to this price as possible.
Setting the right sale price for your property is imperative. A new listing will generate interest from agents and potential buyers. After they have viewed the property, interest will decline which makes it crucial to list your property at the right price when if first goes on the market.
When assessing the value of your business, it’s important to look beyond just the numbers on your balance sheet. Many owners focus solely on the book value of their assets—what’s recorded after depreciation—but this often misrepresents their true worth.
The RBA has cut interest rates to 4.10%, marking the first drop since 2020. Discover what this means for the Australian real estate market and property investors, including potential price growth, borrowing power, and investment strategies.