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Buying An Investment Property With An SMSF

March 26, 2024

Blog Posts

Buying an investment property through a self-managed superannuation fund (SMSF) can be a sound financial move. But all too often, it is placed into the ‘too hard basket’ due to the complex rules and restrictions surrounding superannuation. It can seem like a minefield of regulatory bombs just waiting to explode. However, getting it right from […]

Why You Should Get An Agent Appraisal Before Selling Your Property

March 26, 2024

Blog Posts

Selling your property is a significant decision, and it’s essential to ensure you get the best possible price. One of the ways to achieve this is by getting an agent appraisal before putting your property on the market. An agent appraisal is a service offered by real estate agents, and it involves them evaluating your property and providing you […]

Exploding The Auction Myth

March 20, 2024

Blog Posts

It is a long-held myth that public auctions outperform controlled negotiations as a selling method. Sure, on very rare occasions when there is a bidding frenzy in a strong market and two or more buyers are determined not to be outbid for the property, a stunning price in excess of the expectations may be achieved. […]

How Underquoting Works and Hurts

March 20, 2024

Blog Posts

Auction campaigns are a meeting of buyers and sellers who have conflicting motivations, which are exacerbated by each side having been fed conflicting information. The vendor puts their property to auction on the promise by the agent of a high price. The buyers are attracted to the auction by the low price guide. The agent […]

What To Expect When Buying A Home

March 13, 2024

Blog Posts

Buying a home is both an exhilarating and nerve wracking process. It can be highly time-consuming and it often comes as a relief to finally find the perfect property. But what are the steps associated with purchasing your new home? While the process may differ slightly depending on your state and sale method of the […]

How To Achieve A Quick Sale

March 13, 2024

Blog Posts

Selling for more in less time When selling a property, most people have two conflicting emotions. They desire a quick sale, but if that is achieved, they fear that the property may have been undersold. Given that you will only sell your property once, it is imperative to get the highest possible price in the […]

The Emotional Investment

March 5, 2024

Blog Posts

The excitement of buying a new home for some can be slightly offset by the angst in letting go of their existing home. A common “solution” is to keep their existing home as an investment rather than selling it. The merits and downside of doing so, vary from case to case but are worth assessing. […]

The Smart Sale - Sell In ANY Market

March 5, 2024

Blog Posts

At [Drummond Real Estate], we have always believed the Smart Sale offers both our buyers and sellers a far superior experience when transacting in real estate. The Smart Sale offers the safest and best way to buy and sell, irrespective of market conditions. Most would agree that auctions are a great way to sell in a […]

The Four Prices For Your Home

February 27, 2024

Blog Posts

Every home has four prices: The price you want The price the real estate agent gives you The price the buyer wants to pay The price a good real estate agent can get the buyers to pay What is the right price for your home? Is it the price you want, the price you think […]

5 Tactics Agents Use That You Need To Know And Avoid

February 27, 2024

Blog Posts

Over quoting Since Adam and Eve decided to sell their house, real estate agents have been over quoting the expected sale price in order to win listings. In a rising market, over quoting does minimal damage to sellers as the buoyant conditions patch the gap between the agent’s quote and the true market price. In […]

The Three Outcomes At Auction

February 21, 2024

Uncategorized

At an auction there are typically three possible outcomes on the day. Great competitive bidding that goes above the reserve and the property is successfully sold. There is some bidding, but the reserve is not reached, and the vendor then has a decision to make. Nothing – no bids, the property is passed in. With […]

How Long Does It Take To Buy/Sell A House?

February 21, 2024

Uncategorized

Buying or selling a house is a significant milestone in many people’s lives. It is an exciting yet complex process that requires careful planning, research, and time management. If you are considering buying or selling a house, one question that often arises is, “How long does it take?”. We will explore the typical timeline involved […]

7 Questions To Ask When Selling

February 14, 2024

Blog Posts

When challenging market conditions emerge, the vendor’s real estate agent is either an asset or liability in negotiations. These must-ask questions have been extracted from the book, Inside Real Estate, to ensure you employ the best agent. 1. What evidence did you rely on when valuing our property? We are all susceptible to believing what […]

Computer Generated Property Estimates - How Reliable Are They?

February 14, 2024

Blog Posts

One of the biggest questions homeowners have on their minds is “What’s my home worth?” The ability to quickly generate a property price estimate on different online platforms is easy. But this may not be such a good thing for homeowners who are thinking of selling. It’s important to understand these computer-generated price estimates, also […]

Appointing The Right Selling Agent… For You And Your Property

February 7, 2024

Blog Posts

Selling a property can be a stressful experience. It can also be a smooth, seamless process. A lot of the success or otherwise of the campaign will come down to the agent handling the sale and the dynamic they have with their respective vendor. As a property seller, it’s crucial to identify and articulate what […]

Present To Sell

February 7, 2024

Blog Posts

How to ensure a return on effort and investment Deciding how to present a property to the market is one of the critical decisions a vendor needs to make (and get right) when selling. Spending $100,000 preparing a property for the market to only add $50,000 in value is both self defeating and common. However, […]

Don't Do It - Why Excessive Advertising Costs Are A Trap

January 31, 2024

Uncategorized

Many home sellers overestimate the real costs of advertising to find a buyer for their property. Is it possible to find a buyer without a real estate agent? Just do what the agent does. Put an ad on the internet, a signboard on the property and list it with a fair price guide. These marketing […]

25 Proven Tips For Home Sellers

January 31, 2024

Blog Posts

With 95% of home buyers searching online, it’s absolutely essential to make sure your property is looking it’s best from the very second it’s uploaded for public viewing. There is no second chance at a first impression. First things first Great presentation helps property sellers get a great price. Really great presentation helps sellers get […]

Hume Bank City2City

January 25, 2024

Community Events

The Hume Bank City2City is a great community event that caters for everyone with a variety of individual events, including either walking or running. The choice is yours! All proceeds from the 2024 Hume Bank City2City will go to Albury Wodonga Health to help fund an array of medical devices and equipment aimed at enhancing […]

Lake Hume Cycle Challenge

January 25, 2024

Community Events

The Lake Hume Cycle Challenge is a fun event that is open to everyone! The rides offered combine magnificent water and mountain views, with wonderful cycling and country hospitality. All proceeds from the Lake Hume Cycle Challenge go to The Albury Wodonga Regional Cancer Centre, helping support families across the region impacted by cancer. Money […]