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The Blog

 

Rural Zoning

May 20, 2019

Real Estate Investment

Rural and lifestyle-based living is becoming increasingly popular. Whether it’s a family home in the country, several acres to ride motorbikes or a farming opportunity you are seeking, there is some very important research you need to undertake to determine which one of the many rural properties for sale is right for you and your […]

 

Selling Tip #6: Signing the Authority to Act

May 19, 2019

Real Estate Investment

This week we’re talking about signing the authority for your agent to act on your behalf – your real estate agent agreement. Let’s quickly recap. You have: Established who your agent’s going to be Discussed your fee for service (the percentage figure that comes out of the proceeds of the sale) Talked about how your […]

 

Selling Tip #5: Setting the Price on Your Home

May 18, 2019

Real Estate Investment

Now that you’ve decided to sell your home, what price are you going to advertise it for? The figure that the market will see when your home is on the internet and in the newspapers is far more important than you realise so you may be wondering, ‘What is the value of my house?’. You’ve […]

 

Selling Tip #4: Fees and Charges

May 17, 2019

Real Estate Investment

Let’s move on from choosing the right agent and assess some objective information about property management fees and charges. No doubt you’ve had this conversation with your agent already and know that the commission (i.e. your fee for service) is highly negotiable. We aim to provide a sense of perspective around that. The industry standard […]

 

Selling Tip #3: The 3 C’s of Choosing the Right Agent (Part 3)

May 16, 2019

Real Estate Investment

Remaining on the real estate 101 topic of choosing a real estate agent to sell your home, this video is entitled ‘The 3 C’s’. It’s difficult to know who to choose, so unless you’ve had a personal recommendation from a friend or a trusted advisor, it can be tough to go through the interview process […]

 

Selling Tip #3: Choosing the Right Agent (Part 2)

May 15, 2019

Real Estate Investment

In keeping with this idea of choosing the best real estate agent, we raise a few more thoughts on this fascinating topic. Popular thinking suggests that one person’s perception is that person’s reality. In other words, if you think it, it must be real. Do you think that marketing organisations from the entire business world […]

 

Selling Tip #3: Choosing the Right Agent (Part 1)

May 14, 2019

Real Estate Investment

You’ve made a decision to sell. Fantastic! While it might have taken quite a while to get there, now that you’ve decided to move, it’s important to find the best agent to represent you. This video is about how to choose a real estate agent – we couldn’t do it justice in one video so […]

 

Selling Tip #2 When is the Best Time to Sell?

May 13, 2019

Real Estate Investment

When is the best time to sell a house? You’d be amazed how often we get asked this question at Jens Veal Partners. Is there a right or a wrong answer to this? It’s difficult to say, but let’s see if this article can put some legs to that question. At the end of the […]

 

Selling Video #1 Should I Stay or Should I Sell?

May 12, 2019

Real Estate Investment

Video 1 in our selling series is probably best titled ‘Should I Stay or Should I Sell?’ It may seem bizarre for a real estate agency, a company that makes its living from selling people’s houses, to be discussing this question. While a question like when to sell your house might be expected, the suggestion […]

 

Selling Tips Overview

May 11, 2019

Real Estate Investment

Having covered a 101 series – the basic tips of real estate – we leave behind buying and turn our focus to the selling side of real estate. When buying real estate, you deal with a certain agent because they control the property. When you’re selling, there’s a certain degree of control that you’ve got […]

 

Buying Tips #8: Auctions

April 16, 2019

Real Estate Investment

Should I buy a house at an auction? While we don’t hear that question top often, the answer is a resounding yes! Auctions are a terrific way to purchase, but they are not without a few ifs, buts and maybes that it pays to be aware of. Let’s flesh some of those out now. First […]

 

Buying Tips #7 Do I Need a Legal Representative?

April 10, 2019

Real Estate Investment

Something else to consider when buying your own home is selecting a legal representative. There are two options: solicitors or conveyancers. Solicitors are general legal practitioners who may specialise in handling property transactions (i.e. not all solicitors are qualified to handle the sale of your house). Conveyancers are certified in the specific area of property […]

 

Buying Tips #6 Settlement Date

April 2, 2019

Real Estate Investment

One of the important things that the vendor needs to know is when you want to move in. It’s known as a settlement period and here’s the deal: settlements do not have to come in chunks of 30 days. Typically, with a real estate transaction, you make the decision to buy and in 60 days […]

 

Buying Tips #5 Subject to Sale Clause

March 27, 2019

Real Estate Investment

Another ‘subject to’ clause that buyers may need to occasionally consider is the ‘subject to sale’ clause. It’s not overly common but what it means is that you’ll buy someone’s house on the condition that you sell yours. It’s important that both sides think carefully about this. Both the seller and the buyer need to […]

 

Buying Tips #4 Subject to Building Inspection Clause

March 19, 2019

Real Estate Investment

The other ‘subject to’ sale clause is the building inspection. Having already touched on the subject of finance, the other one is agreeing to buy the home provided you can take a building inspector through the property. Your chosen building inspector might be a registered professional inspector or it could be a friend with building […]

 

Buying Tips #3 Subject to Finance Clause

March 13, 2019

Real Estate Investment

So you’ve put in an offer to buy the home. Fantastic! But the process doesn’t stop there. The owner of the property wants to know more than just the dollar amount you’re willing to pay. They want to know the ifs, buts and maybes that accompany it. These are known as the ‘subject to’ clauses. […]

 

Buying Tips #2: Making an Offer

March 5, 2019

Real Estate Investment

The next topic in this series of buying tips is making an offer. Imagine for a moment that you’ve walked through several open homes by now. You’ve even been through homes on private inspections. Of all the houses you’ve viewed, one stands out among the rest. You can picture yourself living there. Here’s what to […]

 

Buying Tips #1: Seeking Pre-approval

February 27, 2019

Real Estate Investment

Welcome back! Our first Real Estate 101 Buying Tip is about seeking pre-approval from a finance company for you to purchase a home. Let’s start at the very beginning: questions about buying your own home. When you want to buy a home, the best place to start is knowing how much you can afford. Unless […]

 

Buying Tips Overview

February 20, 2019

Real Estate Investment

Over the years at Jens Veal Partners in Ballarat, we hear the same questions being asked over and over by people transacting in real estate. This is understandable as a typical home is sold every 5-7 years so the people behind that transaction aren’t exactly doing it every day. Here at Jens Veal Partners, we […]

Low Ballarat Rental Vacancy Rate Opens Opportunities

February 14, 2019

Real Estate Investment

The record-setting low vacancy rates continue across Greater Ballarat as more and more people are drawn to the supportive community, relaxing country lifestyle and affordable property prices. The vacancy rates are the lowest we have seen in 16 years1 and look promising for the future of the real estate market in Ballarat.   Chris Byrne […]