Use our articles from leading experts on Property Investment Negotiation as your guide – from how
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In the current property market we all want to buy our home or investment property at the lowest price possible. On the other hand the vendor wants the highest price he can get. And you now know that the asking price quoted by the selling agent will usually be more than the owner is willing…
Negotiating is a part of living; we do it all the time. When you walk down a crowded street you negotiate the path you take. A couple negotiates their relationship before and during marriage. Although you may not realise what’s happening, for example you take out the garbage tonight and I will do the dishes….
If you’re looking to take advantage of the current property buyers’ market you’re going to have to become a good negotiator. Sure there are more motivated vendors around at a time when there are fewer buyers vying for the properties for sale, but there will be two things working against you. 1. You’ll be dealing…
Negotiation is more of an art than a science. Skilful negotiation doesn’t come naturally to most of us – it’s something that needs to be learned, practiced, and perfected over time. It’s often said that it takes 10,000 hours to become an expert at anything, which means that most buyers and sellers, who only transact…
So you found the perfect investment property. You’ve summoned up all your courage and made a cheeky low-ball offer, in the hopes of snapping up a bargain – and it didn’t work out. What’s next? Do you walk away, assuming that your relationship with the vendors is unsalvageable? Or do you use this opportunity as…
We all want to know what’s ahead for house prices, don’t we? The ANZ has been working on some new models for predicting house prices and have recently introduced the ANZ Housing Search Index constructed using Google searches. They see this as a leading gauge for dwelling prices in Australia – one that looks forward as opposed…
All too often property owners sign up an agent and engage them to sell their property as either their sole agent or exclusive agent without really appreciating the difference between the two. Some investors too think that they should only ever sign a sole agency just in case they sell the property themselves and can…
Here’s a quick summary of the Australian economy (well the one that really matters). Let’s call it 10 Things Economic. 1. Working longer hours for less pay per hour. 2. Stuff all wage growth, which is unlikely to change – digital stuff, automation, the internet of things, baton change to service industries and importantly low/declining productivity. 3. Many already underemployed, with…
Mortgage Repayments One you have bought a property, whether as a home or an investment, you will be required to make mortgage repayments to cover the cost of the home loan. These repayments can either be interest-only, which is what investors generally use, or principal and interest, which is a set amount designed to pay…
Low interest rates coupled with higher levels of demand for housing has seen property sales in some areas take off faster than in others. The CoreLogic Property Pulse looks at the 10 suburbs in each state with the shortest median selling time for houses and units over the 12 months to January 2017 Given mortgage…
