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Will your home pass the test?

Web_01Real estate mogul Barbara Corcoran recently said at a real estate conference that it takes a buyer, entering the first room of the house, only 8 seconds to get an impression of the home.  There is really no room for error with an 8 second time span and it hits home how important styling and presentation really is.

Thinking of selling? How about doing the 8 second test on your own home. Is the first thing you see when entering your home a Brady Bunch gallery of family portraits? Is this what you are selling or are you selling the light, bright and spacious entrance foyer which you cannot see because all you are focused on is the faces staring back at you?

Web_11After you have done the 8 second test, go outside and get in your car. Drive around the block and then pull up out the front of your house. How’s the 8 second rule from the street? Some buyers will see your property advertised and then do a drive-by, will these buyers come back for an inspection? Or will they see the overflowing gutters and think too many trees equals too much maintenance?

Web_10Then maybe invite some friends over to do the 8 second test.

Did your property pass the 8 second test? Give Beach & Bay a call so we can provide you with a market appraisal and connect you with our network of stylists, cleaners, handymen and women who will ensure your home is presented to perfection and the maximum sale price is achieved.

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Selling Season vs Silly Season

At this time of year buyers have one foot already in the pool, winding down for the Christmas and New Year holidays so it is a seriously committed buyer who attends open houses in the weeks prior to Christmas day.

Image from sellmycastle.com.au

Image from sellmycastle.com.au

There are also Christmas parties to attend, hangovers to recover from and Christmas shopping to be done, all leading to a drop in open house attendance in December.

This year most solicitors are trying to wrap things up for Friday 19th December so this weekend is an important auction weekend.

If you are planning on selling in early 2015 remove any Christmas decorations from the house prior to photos being taken otherwise buyers will think you have been on the market longer than you have.

January is usually a quieter month for real estate but sellers have less competition and there are still buyers around. With less properties for sale in 2014 there might be still a committed group of buyers looking for a home in January 2015.

Image from realestate.com.au

Image from realestate.com.au

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Great Time To Buy

soldhouseIt’s a great time to buy real estate, right now

Now you wouldn’t have heard this from me a month ago and you probably won’t hear this from me in a month’s time but, today, this week, and this weekend, if you are in the position to buy a property then go out there and give it your best shot. ASAP.

The property market in Sydney has been going crazy and prices have increased dramatically in this first half of the year but several, very recent factors are coming into play right now which have created a little pocket of opportunity for buyers.

10348231_10152459011644312_7862929635639049698_nHave you noticed that the auction clearance rates have dropped significantly in the last 3 weeks?  It won’t last and let’s face it, the clearance rate is still quite good compared to previous years. It’s a short term phenomenon.

The things that have changed in the last few weeks:

Firstly and possibly most importantly buyers who have been looking this year and have been thus far unsuccessful are now jaded, tired, fed up, cranky and many have taken a month off to refresh, i.e. they are not going to open houses, instead they have decided to take a real estate break and get their lives back for a few weeks, gone away for a weekend, gone to see the kids play soccer etc instead of going from one open house to the next, all day Saturday.

1911606_10152289518374312_646615506_nSecondly, the media has now been reporting for a few months that things have been selling for $100,000, $200,000, $300,000 in excess of the reserve and painting the picture that buyers will pay whatever to get into the market. The media is usually several months behind reality too but buyers have started to feel completely ripped off and are taking a step back to consider what they are paying.

1264281_10151917506959312_1923611023_oThirdly, vendors expectations have been going up and up and up as each sale achieves a new benchmark sale price.

Fourthly, the budget announcement, again this is just short term jitters but it’s to do with confidence, confidence in the economy, in our government, in securing employment to keep paying that mortgage.

So now is not the time to give up, some vendors have bought and need to sell so they must quickly meet market expectations, the budget will iron itself out and buyer confidence will be back. Then you will be again competing with too many buyers and not enough sellers as is normally the case in the winter months in a great market. So, don’t stop looking now buyers, get out there and secure that property before it’s on the move again, and I think you only have a couple of weeks! Good luck!

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Open House Tips

Are you in the midst of a marketing campaign and struggling with the cleaning ritual involved with having your property spic and span every open house?

Here are some tips:

  • Have your window cleaner on call
  • Buy out the shelves of spray and wipe multipurpose wipes (if you have time to be environmentally friendly, kitchen and bathroom e-clothes and Enjo products are fab)
  • Make friends with your local florist, you will be buying flowers every week
  • Remember the washing machine, dishwasher, fridge and dryer are all good places to store things or even the boot of your car for last minute clutter
  • You can also have a shower the night before and clean the shower, skip your morning walk (no time anyway) and then skip the shower the morning of the open?!

Eat out, you won’t have time to clean the kitchen and you don’t want garlic infused leftovers permeating out of the fridge, plus the fridge will be filled with items you need to hide at the last minute.

Just think – you are living in a soon to be someone else’s home, divorce yourself of saying “my home” and think of yourself as a cleaner of a hotel… and if you can avoid sleeping in the bed even better, because re-arranging the pillows, cushions and remaking the bed every day is a drag.

Good luck and happy selling!

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New listings, Open House Times

Beach & Bay Realty has two new listings that we are proud to present and a whole bunch of open houses tomorrow Saturday 29th May so I thought I would set them all out in a blog.

NEW LISTINGS

4 Loch Lomond Crescent Burraneer (Images 1 & 2)

An exclusive 5 bedroom waterfront in Burraneer. Situated on a huge 917m2 block commanding stunning panoramas – just imagine your summers spent here!

1 Lilli Pilli Point Road Lilli Pilli (Images 2 & 3)

As new, 3 bedroom architecturally designed home with luxury inclusions such as in-ground pool.

OPEN HOUSES

4 Loch Lomond Crescent Burraneer

4 Loch Lomond Crescent Burraneer

1 Lilli Pilli Point Road Lilli Pilli

1 Lilli Pilli Point Road Lilli Pilli

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This Week: Open For Inspections

Beach & Bay Realty are proud to present the following properties open for inspection this week;

1. 669 Port Hacking Road, Caringbah South with Kylie Emans

This original 2 bedroom house is going to auction this Saturday 15th May at 10am.

The last open house before the auction will be held Wednesday 12th May 10:00 – 10:30am.


2. 307 Woolooware Road, Burraneer with Natalie Vials

This exceptionally private 3 bedroom townhouse with modern inclusions is for sale by private treaty.

The next open house will be held Saturday 15th May 11:00 – 11:30am.


3. 111 Kangaroo Point Road, Kangaroo Point with Kylie Emans & Natalie Vials

This 4 bedroom executive house enjoys waterviews of the Georges River & enjoys lifestyle inclusions such as plunge pool, wine cellar, outdoor spa. For sale at $2.1mil

The next open house will be held Saturday 15th May 12:00 – 12:45pm.

4. 107 Kangaroo Point Road, Kangaroo Point with Natalie Vials

This outstanding 4 bedroom Sammut Development waterfront is for sale at $3.45mil.

The next open house will be held Saturday 15th May 1:00 – 1:30pm.

669 Port Hacking Road Caringbah

307 Woolooware Road, Burraneer

111 Kangaroo Point Road, Kangaroo Point

107 Kangaroo Point Road, Kangaroo Point

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