Last year saw significant disruption and change in every aspect of our lives. The way we socialise, exercise and entertain ourselves all shifted. Property markets were not immune from the effect of last year’s events. Isolation, work from home and home schooling changed the way we use our homes and also made us think about where
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What are buyer and seller real estate markets? Anyone who has studied the property market, knows at different times, the scales tip in favour of buyers or sellers, but what does this actually mean, how does it impact you as a buyer or seller and what happens if the market is neutral and no one
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For many people, owning a home brings a sense of pride and freedom that cannot be matched by renting. When you own your own home, you aren’t bound by a landlord’s rules, and your monthly payments are building equity. Although buying a home may be the first step you take toward building long-term wealth,
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Written by Andrew D’Aprano, part of the Nicole Gervasi Team March 2020 began the heightened use of the C word, Covid-19. The world’s economy was shut down almost overnight and the pandemic had confronted the hospitality industry with a huge challenge. Those that know me, the title of this article is obvious; for those
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Thinking of remodeling your kitchen? You are not alone. Kitchen remodels are the most popular home renovation in readiness for sale, accounting for 78% of projects last year. It makes sense when you consider the fact that your kitchen is likely one of the most-used rooms in your home. It’s the site of cooking, eating,
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The hotel at the centre of the state government’s messy quarantine program has been purchased in a multimillion-dollar deal by a private developer. The buyer planning an “extensive refurbishment and repositioning” of the property as a high-end hotel and conference facility. The aim to reopen next year. After hitting the market in July with price
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We are incredibly disappointed with the government’s announcements yesterday that do not allow for inspections or new listings until the third step, earliest date being 26 October 2020. After multiple and ongoing attempts from the Real Estate Institute of Victoria (REIV) to try work with the government in defining a reasonable path for the sector,
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All-out competition is a basic creed of a Sales business. You often compete for the same customers, revenue, and profits. However, there is times when co-opetition, not competition, is a smart move. I work with my direct competitors often – many clients will confirm this. I work with them because in the end, and by
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The Australian property market is affected by the state of the Australian economy. So, if the economy is affected by the coronavirus, there will naturally be a flow-on effect for the property market. It is likely, in my opinion, there will be short-term pain for apartment developments with exposure to offshore investors, as well as
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