THEY say you can’t sell a secret, but some scenes are best kept hidden, especially when selling real estate. A goat tied to the clothes line, dirty dishes throughout the kitchen and grotty bathrooms – these all sound like scenes from a reality TV show about hoarders, but in fact all these “special” features have popped up in “unreal estate” listings online. Real estate commentator and host of Selling Houses Australia, Andrew Winter, said great photos...
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The number one goal for every savvy property investor would be to sell your property and make a profit. What happens when your property has been on the market for awhile? We speak with real estate agents, property photographers and property stylists to gather their opinions on why your property might not be selling, and how you can improve the chances of a sale. Just Think Real Estate’s licensee in charge Edwin Almeida told Property...
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What do you do when your property has been listed for sale and your agent refuses, on the basis of the Privacy Act, to give you the names of prospective buyers introduced to your property? Well, you stick it right up your agent as clients of mine recently did. These folk had listed their home with a local agent who was a member of the Real Estate Institute of Queensland (REIQ). Their listing agreement with...
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OPINIONby Peter Mericka B.A., LL.BReal Estate LawyerQualified Practising Conveyancer VictoriaDirector Lawyers Real Estate Pty Ltd When unknown visitors rummage through children’s clothes during a property inspection it can give rise to all sorts of fears and concerns. It is now well known that theft and “snooping trauma” are common occurrences during real estate inspections conducted by real estate agents. Real estate vendors are advised that they should never allow a real estate agent to...
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OPINIONby Peter Mericka B.A., LL.BReal Estate LawyerQualified Practising Conveyancer VictoriaDirector Lawyers Real Estate Pty Ltd Some time ago I wrote a posting about thefts during property inspections, and noted that some estate agents were including clauses in their sale agreements with vendors that indemnify the estate agent against theft or damage during a property inspection. I also suggested that it is time to “take estate agents and thieves out of vendors’ homes“. My last posting...
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OPINIONby Peter Mericka B.A., LL.BReal Estate LawyerQualified Practising Conveyancer VictoriaDirector Lawyers Real Estate Pty Ltd A vendor should always be present during house inspections. Whenever an estate agent shows a prospective purchaser through the property, and particularly when the property is “open for inspection”, the vendor should always be on hand to protect not only personal property, but also personal privacy. This was made quite clear recently when two estate agents, both accredited as Buyers...
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by Peter Mericka B.A., LL.BReal Estate Lawyer Qualified Practising Conveyancer VictoriaDirector Lawyers Real Estate Pty Ltd High-profile Melbourne real estate agent Ian Reid has copped some heavy criticism in the past over his Gazumping Clause and his Finance Clause. However, it seems that Ian Reid can be a straight-shooter when it comes to exposing his fellow estate agents. Ian Reid of Ian Reid Vendor Advocacy has become well-known to Melbournians through his radio and...
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