Sydney property market

August 19th, 2010

The property market is a funny thing.

As we start to see more sales and more happy sellers across Sydney, it has become clear that the property market is like any other market. It finds itself, and One Percent plus gst has found itself, within that market.

Our goal has always been the Sydney property market.

Even though we have seen a sale as far south as Menai, the majority of sales have been from Merrylands, through Parramatta, up to Baulkham Hills and out to Annangrove. It has been clear that the One percent plus gst concept has been received particularly well in Parramatta and surrounds, and then up through the Norwest into the Hills area. Of course, it is still available right throughout Sydney, it just so happens that it appears to have been taken up well in the west and North west sector.

As we have more happy sellers getting great results, it is only time before we see prudent vendors in the upper north shore come on board as well.

Of course we are under no illusions, it won't be easy, as we are up against some very large real estate franchises, with very large marketing budgets.

Having said that, with each vendor that save $1,000s in real estate commission the word must eventually get out.

Real estate commission rates

August 14th, 2010

How much is real estate commission?

Real estate commission rates in New South Wales, including Sydney, are not set by law.

This means you can negotiate with an agent about their real estate commission rates.

The real estate commission rates charged by Sydney real estate agencies can and do vary widely.

As a guide, agents real estate commission in Sydney generally range from 2 to 3.5%. This is a large range and is is a guide only.

However, often real estate commissions are not the only fees to be charged to a prospective seller.

Vendors may also be charged other real estate fees such as marketing costs, auction campaigns and some real estate agents even charge prospective vendors a large upfront fee for marketing.  As well as being charged realestate commission, sellers may also be asked for Vendor paid advertising or VPA as it is commonly known. These extra fees on top of the agents real estate commission can be many thousands of dollars.

We believe it is essential to have a professional marketing programme that will allow a vendors property to be marketed in the best light. What we are not in favour of, is vendors being charged many thousands of dollars upfront for marketing a normal residential home. For this reason even the basic Bricks and clicks marketing campaign which is free, uses professional photography.

It is important to understand all the fees and charges you may be charged when selling your property.

We believe one of the best ways to sell a normal property is through a professional agent, using a professional marketing campaign, for a low real estate agents commission.

Marketing aside, we believe you should never pay more than one percent plus gst real estate sales commission on the sale of your property. This should be the highest agents commission you should be charged when selling your property.

Further, you should never be asked for many thousands of dollars money upfront for Vendor Paid advertising when marketing by normal sale.

One percent agent

August 5th, 2010

Eventually real estate must head this way.

With a combination of decreasing overhead costs, and a change in buyer behaviour due to the internet, a one percent plus gst selling fee, is not only realistic, we believe it should be the norm.

Real money is being saved by you the customer.

It really does work.

Why it works.

The major marketing tools are a professional "For Sale" sign out the front of the property and a professional listing on realestate.com.au. Of course there is more to the marketing of the property than this, but these are some of the main ingredients.

A professional"For Sale" sign out the front, lets local buyers know that your place is for sale.

Listing the property on www.realestate.com.au, using professional photography, and a professional listing lets the whole world know that your property is for sale. Millions, yes millions, of buyers are searching realestate.com.au each month for properties. The shear numbers are proof that most buyers search the net when they are looking to buy a property.

With the above in mind, you can see how a simple combination of bricks and clicks, is in fact a very powerful marketing strategy.

The fact that it is just a normal real estate sign, with no mention of the 1.1% means the buyer is not aware that you the vendor are receiving a discount service. Again this is to your advantage.

And don't forget, how you present your property can make a large difference. Present your property in its best light, it may make the difference between a good price and a great price!

Selling real estate doesn’t have to be flash.

At the end of the day most people just want to sell their property for the best possible price, and the least amount of cost!

Google Real Estate

August 3rd, 2010

Its coming slowly! Google Real Estate

Real Estate Search on Google Maps Australia

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At present the most powerful real estate portal in Australia is realestate.com.au. However, with Ray White, First National, Century 21 and now LJ Hooker linking their data, watch Google Maps real estate start to grow. It will be awesome! For an example of where this is heading click on this link for
Google Real Estate and type in your local suburb.

Just as realestate.com.au changed how houses are advertised, Google real estate through Google Maps real estate will again change how properties are marketed. The only question is when?

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Commercial Real Estate

August 2nd, 2010

Now available in Sydney

Competing against the major commercial real estate agents.

Thinking of selling a commercial property in Sydney?

Commercial or retail (shopfront)

Of course total selling fee will be only 1.1% including gst, plus a choice of  marketing plans that all include professional photography.

Will be sold be a licensed real estate agent, under an exclusive agency only.

No sale: no commission

Commercial property will have a sign out the front, and will also be listed in  realcommercial.com.au Real Commercial is the internet portal commercial real estate agents use to sell commercial property.

Who are some of the major Commercial real estate agents in Sydney?

Please compare what we are offering. Major competitors include:-

CB Richard Ellis

Taylor Nicholas

Jones Lang LaSalle

Norwest Commercial

Raine and Horne Commercial North Shore

And don't forget, No Sale, No commission.

Register now to save.

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Another property sold

August 2nd, 2010

Another property has been sold by a licensed real estate agent for only One Percent plus gst real estate commission.

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Just sold at full price

August 2nd, 2010

There is a perception that because you are using a discount agent you will get a discount service.

With an agent selling for 1%+gst commission you will get fully looked after.

We are not about cheap. You will receive an experienced agent who is able to do it at discount price, because the agent is good at what they do.

The agent is not about vendor paid advertising, they are not about getting their photos and faces in glossy magazines.

The agent is about getting you the best possible price, without you having to incur massive costs

In fact one of the properties just sold, sold at full price!

Thats the sort of happy story we like to hear!

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