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Cooling off period when Selling your Property

Cooling off
Upon exchange of contracts the buyer usually has a cooling off period of 2 – 5 days depending on the state your home is in.

The cooling off period allows … more »

Knocked down but is it sold?

There are a number of myths in the property market, the myth we’ll cover this week is: does a vendor have to sell to the highest bidder at an auction … more »

Selling your property by Private Treaty

Selling by private treaty
Private treaty is when your home has an asking price and is sold by negotiation.

Benefits of this method of sale are:

You are able to consider buyer’s offers
The … more »

Types of Property Sales Agreements

Types of agreements
Exclusive agency agreement
Where a real estate agency gains exclusive rights to the sale of the property during a set time frame
Sole agency agreement
Similar to an exclusive agency agreement, … more »

Auction or Private Sale?

If you are planning to place your property on the market in next seven months you will need to decide which method of sale will best suit your property. Generally … more »

Depreciation on investment properties…are you claiming?

The end of the financial year is done and you have calculated your refund from negative gearing…but have you claimed for any depreciation?

I’m always surprised at how many of my friends … more »

Selling your Property at Auction

Selling at auction
At auction, buyers bid against each other in a public forum. As the seller, you will set a reserve price prior to auction. This is the minimum amount … more »

Exchange of Contracts when selling your Residential Property

Exchange of contracts
The exchange of contracts is when you and the buyer each sign a copy of the contract of sale and then physically swap contracts. This process is completed … more »