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PICK THE BEST TIME OF YEAR TO SELL.....

HOW TO: It’s long been a myth in the real estate industry that the best time to try and sell your property is in the spring. The truth is, that although there’s not really a “best time of year” to sell your property, there could be features of your home that, if timed right, will lead to a quicker, easier sale. For example, if your home has a stunning swimming pool - it will still sell in winter, but it will sell more easily in the summer (especially if you happen to do your opens during a 40-degree heatwave!) You should also keep in mind that having a large number of properties all coming on the market at the same time will lead to buyers having too many options. If you own a 4 bedroom, 2 bathroom home and you come on the market in spring just like everyone else who has a 4 bedroom, 2 bathroom home then it’ll be more difficult to make your home stand out and to get that quick sale for top dollar.
So, a few things you might want to consider that may affect when you choose to begin market…

DECIDE WHETHER OR NOT TO GET A SWIMMING POOL.....

HOW TO:
People often ask us if a swimming pool will add value to their property. The short answer is generally no, but there are some exceptions.
If you have a big family home on a big block and you expect top dollar when you sell - then the answer to “should we get a pool?” is probably yes. Families looking for that next level prestige home, generally want it all - 4+ bedrooms, 2+ bathrooms, 2+car spaces, lawn for the kids to play and the luxurious swimming pool. The exception to this rule is, if you have the big family home, but the pool is going to take up your entire backyard leaving you with no lawn area, then we would NOT recommend putting in a pool. Even though we all know that kids would rather sit on an iPad or gaming console than play on the lawn - whenever we try to sell a family home with no backyard, the feedback is always “love the house, but the kids need a backyard”.
Your average group of buyers is split pretty much down the middle - half of them really want a pool, the o…

MAXIMISE RETURNS ON A RENOVATION......

HOW TO:
A lot of home owners think that they shouldn’t do any renovations prior to putting their home up for sale just in case it’s not to the taste of the buyers. “Let them choose how they want it to look”, they think. Buyer’s these days are usually lacking the funds, time and often the skills required to do a renovation themselves. The days of buying a “fixer-upper” are gone, unless it’s so run-down that people will actually be looking to knock it down! If you stick to neutral tones and take advice from the experts around you, whatever you select is going to be better than the dated décor in your home now. All homes need to be updated from time-to-time - about every 10 years is a good benchmark. Not only do styles and fashions change all the time, but selling a home that hasn’t been updated for 20 years is no easy feat and will severely impact your final selling price.
KITCHENS AND BATHROOMS Every real estate agent has probably said similar words in their career that “kitchens and bathr…

SELECT AN AGENT....

HOW TO:
There are many factors to consider when you are selecting an Agent to sell one of your greatest assets. You need to feel comfortable with your Agent and be able to trust them (as much as you can in a society that traditionally dislikes and distrusts real estate agents😊). In the end it will usually come down to your gut feel about the individual, but we’ve put together a few tips for you to help you make your decision:

MYSTERY SHOP THEM! We cannot stress enough, it is so important to mystery shop a few of your local agents BEFORE calling any of them in to appraise your home. Things you want to look for: Were they prepared with a brochure?Did they take your name and number?Were they friendly and respectful of you (maybe dress in your daggiest outfit to see if that changes how they treat you)?How was the open run? Was there a good atmosphere?Could they answer questions about the property?After the open, did they follow you up to see if you were interested or had feedback?D…

GET YOUR PROPERTY READY FOR SALE......

HOW TO: 
Getting a property ready for sale is no small task! We have created a complete guide that we’ve titled “101 Tips” which goes through all the jobs you need to consider when getting your property ready to sell. We won’t go through all 101 tips now, but here are a few key items to consider.
MAINTENANCE The rule of thumb is – if something needs repair – fix it! There may be several things in your house that you have simply become accustomed to over time - things that you have been promising yourself to attend to. Well NOW is the time! Buyers will mentally add up their perceived costs of repairing all those minor flaws and end up with an amount that is generally much higher than your actual costs will be. You might be saying to yourself “these repairs aren’t any big deal,” but the buyer is thinking, “if the owner didn’t take care of these little items, then what about the roof or plumbing or air conditioner?” Necessary, non-critical minor repairs and perceived owner neglect will eith…

GET THAT RENTAL PROPERTY....

HOW TO GUIDE:
At some stage in life, you may be looking for a rental property - whether moving out of home for the first time, going through a change in personal circumstances or you may have just made the decision not to be a home owner. Whatever your situation, if you are looking to rent a property, it’s good to know what Property Managers and Landlords are looking for and how to stand out from the crowd if the home is in demand. Below are a few tips and things you should know.
WHO MAKES THE DECISIONS? If the property is being rented through an Agency, the Property Manager will assess the applications received and then present them to the Landlord. The Property Manager can make recommendations, but ultimately it is the Landlord’s decision. Here at Smith Partners we have had some great candidates rejected by Landlords for various reasons, so please don’t take it personally if you are not successful for a rental.
THE OPEN INSPECTION Most Property Managers will insist on having you attend a…

PURCHASING A PROPERTY....

HOW TO GUIDE:
Purchasing residential real estate can be a very exciting process, however it can also be a confusing time for the prospective buyer. Property owners receive all types of interest – some genuine, some not. Some people submit offers to test the possibility of sale, but do not actually stay true with their offer. This can lead to frustration and concern for the owners as they try to assess who is actually a genuine buyer. The best way to present a strong offer on any property is to follow the steps below that allow you to put forward your strongest purchasing proposition to the agent. As you may already be aware from your experiences, different agencies and individual agents usually have different sets of rules and standards. Below is the general process that should be followed, and one that we at Smith Partners adhere to.
MAKING AN OFFER Once you’ve found the right property, you need to express your interest through making an offer. You can do this verbally, but we will ask yo…