Yes it will definitely be colder and attempting those last minute repairs can be very irritating in the rain but we are forgetting one fundamental piece of information – when the weather is cold where do you most want to be? The answer is in a warm (and stylishly furnished) home! So when you’re presenting your property during the colder months empathise with those freezing buyers walking the streets inspecting property and aim to make your home the cozy salvation they remember.

Although statistically most people will opt to sell in Summer, not everyone has the luxury of waiting until the sunny period. If selling in Winter, the streets won’t be as busy and you won’t be included in the mainstream rush of people selling property, but also remember you will have less competition from other sellers.

Like any endeavor to sell property, you will be faced with challenges. Although winter challenges can be predicted to include elements such as rain, mud and leaks. You will need to combat these elements and challenge yourself. Get creative and get into the mind of your buyer. This is the season when staging your home and utilising your sense of style, can create that unique selling point that can be the deciding factor for a buyer.

This is an occasion when you can really get imaginative. Draw inspiration from your daily routine and think outside the square. How can you present your home that will highlight its unique attributes whilst also giving the buyer ideas for themselves? You’re not only limited to visual effects, try to appeal to all the senses. Burning an essential oil creates a very inviting and soothing atmosphere, having mood music to compliment the theme you choose for your home and having complimentary chocolates offered on a cold day can’t hurt.

With a positive attitude, a written budget and some research skills, this can be a very rewarding and exciting stage of the selling process. A great place to start is visiting interior design websites, phoning designers and asking for tips and purchasing interior design magazines. Don’t forget a vital source of help and advice is in your real estate agent. This is the person you have hired because of their knowledge and experience with all things property. You are paying them so use them! Your agent will be privileged to provide advice, and recommend stylists to suit your needs, as this is someone whose goals are the same as yours – to achieve the best price for your home!

So put on those Winter boots and get those creative juices flowing. With your stylistic input this winter could very well be your property’s opportunity to be really hot.

We look forward to seeing you at our opens! Click Here for our open times

Best Wishes,

The Team at Richardson & Wrench Seaforth Balgowlah.

To keep an eye on this week’s reported Seaforth real estate, Clontarf real estate, Balgowlah real estate, Balgowlah Heights real estate and North Balgowlah real estate Click Here*

*Sales are as reported by Australian Property monitors on 11/06/2010

11.06.10

Tags: Australian Property monitors, Balgowlah, Balgowlah Heights, Balgowlah Heights real estate, Balgowlah real estate, Clontarf, Clontarf real estate, North Balgowlah, North Balgowlah real estate, open for inspections, presentation, Richardson & Wrench, Richardson & Wrench Seaforth Balgowlah, Seaforth, Seaforth real estate, Staging, Style, Winter  •  

Posted in Hints and Tips

Over the past few weeks we have seen real estate move from a strong seller’s environment back to a more balanced market place with supply & demand beginning to balance out for the first time in many months.

Following the May interest rate increase (no change in June) we saw the last nine months of bullish market activity move from growth to stabilisation. R&W has continued to record some strong sales over the past month (in particular a new Street record for 17 Yatama Street & a strong result at 17 Sandy Bay Road)  – however the aggression that buyers had displayed so far this year has recently returned to more normal levels & buyers are becoming a little more cautious.

Looking at the most recently released economic data – particularly figures on auction clearance rates, home loan approvals show that a change in the market began in April however there was no real noticeable effect on our area until May. As active buyers will have picked up, attendance to open homes has dropped in recent weeks over the general market place, however we are still enjoying a strong response to the apartment market.

Taking a peak at Sydney wide figures, in the last year, Sydney house prices have grown at three times the historical annual average. Sale figures achieved in 2010 have been as strong as we have seen since the peaks of the market in 2003 & 2007. Current price levels seem to be stabilising rather than racing forward as they have been. We are likely to see a trend come back into the market of buyers upgrading, rather than renovating in our local area and with a currently limited supply of property this will ensure values & demand remains positive.

Indications from the Reserve Bank are suggesting that interest rates are likely to remain on hold for some time. Some economist’s suggesting that the next movement we may see is a slight decrease while we move through the uncertainty in Europe and the repercussions of the reaction to Rudd’s super profits tax.

From a local vendor or purchasers’ point of view – what remains more important is that you achieve the right property move for you. Those that purposely try to time their transactions tend to fail. By acting at the same time you benefit from the relativity of the market & by waiting for prices to change up or down is likely to cost you the opportunity of securing your perfect home!

We look forward to seeing you at our opens and auction this weekend! Click Here for our inspection times.

Best Wishes,

The Team at Richardson & Wrench Seaforth Balgowlah.

To keep an eye on this week’s reported Seaforth real estate, Clontarf real estate, Balgowlah real estate, Balgowlah Heights real estate and North Balgowlah real estate Click Here*

*Sales are as reported by Australian Property monitors on 4/06/2010

4.06.10

Tags: auction clearance rates, Australian Property monitors, Balgowlah, Balgowlah Heights, Balgowlah Heights real estate, Balgowlah real estate, Clontarf, Clontarf real estate, interest rate, North Balgowlah, North Balgowlah real estate, R&W, real estate, Rudd, Seaforth, Seaforth real estate, super profits tax  •  

Posted in Real News