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Any suggestions?
We recently reviewed the business we handled over the past two years and where it came from. It was very encouraging to learn that 80% of our clients were either referred by previous clients, or were themselves previous clients coming back to buy another property. …
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A Sad Tale
One of my industry colleagues recently told me this story… A homeowner invited the agent in to appraise their house, in preparation for selling it. The agent provided an appraisal, indicating a likely sale price of around $325,000 to $340,000. The owner however, was adamant …
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Market Trends: Is the real estate market set to rise this year?
RealTeam started the year strongly, with several new clients wanting to buy Adelaide property. It’s a good time to be buying — the RPData-Rismark Index reports that Adelaide property prices are still declining, with a 1.6% decline, to a median of $395,000 in the latest …
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A home is not an investment
The past twenty years of rising house prices have drawn many into thinking their home is an investment. But when you think about it, rising prices aren’t the same as rising values. It’s unlikely that the next twenty years will continue the rising-price trend, at …
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Property is not fungible
Unlike shares, property is neither interchangeable nor ‘the same as all the others.’ Each and every property is unique: each and every owner is unique. This is where comparisons between shares and property break down – only the numbers are looked at. Here’s an example …
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Australian house prices still too high?
The just-released 2013 edition of the annual Demographia International Housing Affordability Survey reports that Australian houses are among the least affordable in the world. Using methods recommended by the UN, the World Bank and Harvard University, median priced houses in Australia cost more than 5 …
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The Extra Mile Sequel
After screening a number of ‘near-miss’ properties for our interstate clients, we settled on a hobby farm in the apple and cherry-growing area of the Adelaide Hills. A beautiful property which the clients, when they inspected it, decided was perfect for their planned move to …
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Adelaide’s Clipsal 500
The world is full of many great debates that stir up the collective blood of nations. Australia is no exception. To be considered a true ‘dinky-di’ Aussie (particularly if you are male), it is recommended that you choose one side of the important question: Ford …
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New Year Resolution
Another New Year is about to become reality. After the (for some) disappointing performance of property in 2012, agents are looking for improvement – in both prices and turnover in the months ahead. I already have appointments with clients in January to explore buying property …
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Adelaide Fringe
Adelaide is often called ‘The Festival State’ and rightly so: there are many fine, fun festivals offering up a variety of delights, from fine food and wine to the ‘fine’ Arts. Arguably the most fun and popular of these has to be the Adelaide Fringe. …
