Do You Know Your Legal Rights and Responsibilities Regarding Australian Real Estate?

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Welcome to Real Estate Colum. We strive to provide helpful information here to people interested in the real estate industry in Australia. Over the next few posts we’re going to explore some legal issues regarding the field of real estate. Bear in mind that this isn’t a legal website and you should always seek your own legal counsel in case of rules, regulations, or specific issues where you live or regarding the specific type of property you’re buying or selling. But here are a few helpful real estate tips from a legal perspective for you. Know Your Rights and Your […] Read more »

Using Online Real Estate Auctions to Buy or Sell a Home

Many people are familiar with online real estate listings, but homes are also being bought and sold through online real estate auctions. A real estate auction is the same as any other product auction, except people are bidding on homes, commercial property, or large residential developments. The seller sets a reserve and bidders try to meet the reserve without going too much over the set amount. With an online real estate listing all a buyer can do is browse the different listings and decide what. With an online real estate auction, a buyer can actually register and bid on the […] Read more »

Using an Australian Real Estate Agent to Help You Downsize Your Home

You may be contemplating downsizing your current home and buying something smaller and more manageable. A number of different people find it necessary to downsize. Older couples like to downsize to a smaller home once all of the children move out. Other families find it necessary to downsize due to a job change that reduces the overall annual income. Whatever the reason, you will find it easier to downsize by using an Australian real estate agent to help you find a smaller home. Listing Your Home on the Market The first thing you need to do is list your current […] Read more »

Understanding the Australian Home Valuation Process

There are two basic types of Australian home valuations. One is the estimated valuation often provided by your real estate agent when you sell your property. The other is the professional estimate provided by a registered valuator who is hired to valuate your property before you sell to an interested buyer. While you can rely on an agent to give you a decent estimate, and list your house for that price, many buyers will only accept the professional valuation. If your agent overestimates, you may end up having to take a lot less than you first expected. If your agent […] Read more »

Types of Australian Homes

If you’re a new citizen of Australia who is looking for a new home, you may find yourself a bit confused by the local real estate listings. While most people know what a contemporary home is, Australian real estate agents use a variety of terms to describe the types of home available on the market. Some Australian homes are over 100 years old, while others are custom designed homes that have never been lived in before. Unless you know the terms that agents use to describe homes, you may end up looking at something historical when all you want is […] Read more »

Tips for Getting a High Home Valuation

There are a number of reasons you may need to have a home valuation performed. One of the most common reasons is when you’re trying to sell your home and you or the buyer want to know what it’s worth. Other reasons include refinancing so you can use some of the equity of your home and wanting to know if your Australia investment property has risen in value. No matter which reason you’re having a valuation performed, there are some things you can do to help make the most of your valuation. Complete Any Improvements Before the Valuation If you’re […] Read more »

Tips and Ideas for Preparing to Move

So you’ve finally found the perfect family home in Australia and it’s time to pack up all of your belongings and prepare for your move. Whether you’re planning for a move to Australia or just moving from one state to another, the moving process can be stressful. You can reduce stress and streamline the moving process by following some simple tips and ideas. Create a List Start by creating a list of everything you need to do. It’s best to create this list in chronological order so that you can check it off as you go. Some ideas for a […] Read more »

Taking the Best Photos of Your Australian Property

The saying goes that a picture is worth a thousand words, but most property buyers want to see more than just one picture. That’s why it’s important that you work with your Australian real estate agent to take the best pictures of your property as possible. Not every agent will stress the importance of photo marketing or provide you with tips and techniques to make sure your property photographs well. Depending on how the agent works, whether they send out a photographer they work with or take the pictures themselves, it’s up to you to make sure your property is […] Read more »

How to Avoid Spending Too Much on a Renovation

My Tips for selling your Home and presentation of your property

The Australian real estate market consistently experiences ups and downs when it comes to market price. When the market is down, many homeowners decide to forego buying a new home and renovate their existing home instead. The price is often cheaper than buying a new home and it increases the future selling price of the home. There are numerous benefits to renovating a small or outdated home, but there are pitfalls that homeowners can fall into when renovating. The main pitfall, and the one that can affect the future sale of your home, is spending too much on a renovation. […] Read more »

Choosing Whether to Rent or Buy an Australian Home

If you’re moving to Australia or simply moving to a new part of Australia, you may be struggling on whether or not to rent or buy an Australian home. Figuring out which choice to make depends upon your situation and whether or not you can afford to purchase a home that meets your needs. Renting may be cheaper in the beginning but cost you more money in the long run. Buying may seem ideal, but not if you don’t plan on staying too long. Here are some points to consider when choosing whether to rent or buy. How Long Will […] Read more »