Archive for the ‘Selling Real Estate’ Category
South Australia Real Estate Report – March 2011
Watch this Video to hear from Raine & Horne SA’s CEO Kevin Magee, to find out what is happening in the SA Real Estate Market in March 2011.
This blog post and video is brought to you by Raine & Horne Glenelg, your Glenelg Real Estate Agents and Glenelg Property Management Experts
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South Australian Property Market Report – January 2011
Watch this Video to hear from Raine & Horne SA’s CEO Kevin Magee, to find out what is happening in the SA Real Estate Market in January 2011.
This blog post and video is brought to you by Raine & Horne Glenelg, your Glenelg Real Estate Agents and Glenelg Property Management Experts
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rhAuctions
Watch Raine & Horne’s two best Auctioneers in action on this video.
To learn more about each Auctioneer click on the link to their names below and vist their websites;
Both AJ and Brett are Award Winning Actioneers that champion the Best and Ethical Practices in Auctioneering. Each Auctioneer has unique and entertaining styles, which combined with their passionate and enthusiastic approaches makes them the best South Australian Auctioneers within the industry.
Watch this video of AJ Coleman in action with Brett Roenfeldt pencilling the Auction bids;
This blog post and video is brought to you by Raine & Horne Glenelg, your Glenelg Real Estate Agents and Glenelg Property Management Experts.
Is printed Media Advertising Doomed by the Power of the Internet, and Social Media – Twitter, Facebook, Youtube and Blogging??
Embracing the power of the internet and Social Media can seem extremely foreign to most real estate agents at first, yet most real estate agents after discovering Social Media find it so much easier to leverage the power of Social Media to help them build their profile, increase their network of potential clients and advertise their properties online.
So what does this mean to the old fashioned and expensive marketing of properties in Newspapers?
Well over the past couple of years we have seen a serious decline in the spend that real estate agents are making on real estate newspaper marketing.
If you’re still a bit unsure about how your real estate agent should be using Social Media to market your property or perhaps you’re wondering what the fuss is all about with Facebook, Blogging, Twitter, YouTube, etc then you may want to check out this video which demonstrates the strength of Social Media and what you might expect to see happening in the future.
This article was brought to you by Raine & Horne Glenelg, your Glenelg Real Estate Agent and expert in Glenelg Property Management.
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Two Raine & Horne offices set to auction at The Block 2010
Raine & Horne is thrilled to be involved with this year’s production of the Nine Network Australia’s The Block 2010 -- this year with two agents representing vendors on the series.
The first series of The Block aired in 2003, and quickly became the highest rating television series of all time. The second series ran in 2004 and was Channel Nine’s highest rating series for the second year running. Now, in 2010 the series is back and it is proving, yet again to be one of Australia’s most loved television shows.
Four couples are challenged to renovate their apartments in just eight weeks with a budget of $80,000 including $30,000 in cash from the Commonwealth Bank, $20,000 from Freedom Furniture, $15,000 from Freedom Kitchens and a $15,000 voucher from Reece.
Each week the couples present a room to the judges in order to win additional cash to go toward their budget. But in the end, it’s the buying public that will decide the winner when the four apartments are auctioned. The result; the couples will all keep the profit made from their apartment sale and the winners, the couple who make the most money at Auction, win the grand prize of $100,000.
The fantastic news for Raine & Horne is that two out of the four apartments in The Block are to be sold by Raine & Horne agents. The apartments, located on New South Head Road, Vaucluse, are to be auctioned in late November 2010. We offer our congratulations and full support to Mary Anne Cronin from Bondi Beach and Michael Pallier from Double Bay -- our representing agents.
Angus Raine, Raine & Horne CEO is really excited about the 2010 series.
“Raine & Horne has been involved in a previous series of The Block and are delighted to be involved again. It’s a fantastic series for the industry, generating the biggest audience in Australian television history, as well as genuine interest in both renovating and real estate. In addition, I’m confident that the Raine & Horne offices from Bondi Beach and Double Bay will do a brilliant job for their vendors. They are both members of Raine & Horne’s exclusive Chairman’s Club, they’re top performing, highly respected and professional”.
“With Raine & Horne being appointed on not just one apartment but two, it demonstrates the company’s prominence as a true superbrand in the marketplace.”
“The team at Raine & Horne wishes our teams every success.”
Watch The Block 2010 – Wednesdays at 7.30pm on Channel Nine
This article is brought to you by Raine 7 Horne Glenelg your Glenelg Real Estate Agents and Glenelg Property Management Experts.
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South Australia’s Real Estate Market – October 2010
Watch this video … to get the latest in the South Australian Property Market Updates
This video is to brought to you by Raine & Horne Glenelg your Glenelg Real Estate Agents and Glenelg Property Management Experts
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South Australia Real Estate Report September 2010
Watch this video … to get the latest in the South Australian Property Market Updates
This video is to brought to you by Raine & Horne Glenelg your Glenelg Real Estate Agents and Glenelg Property Management Experts
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Restoring Old Houses – A Labour of Love or a Bottomless Pit?
Monika Bonet – Principal of Raine & Horne Glenelg is an agent that knows a great deal about period house styles gathered through her own experiences of reviving her own “Old House” in Glenelg South… but still she has asks the question … “is it really worth it?”
If you believe the hype on TV renovation shows, it seems anyone can make a million by restoring an old building. But does it pay to buy a piece of Australian history and restore it with period precision?
Monika Bonet is not convinced that you can renovate period homes at any cost. She cited a recent auction she attended of an authentically restored Victorian Villa in Adelaide’s eastern suburbs, where crowds flocked to view the house but no one bid for it.
The villa was a labour of love for the owners… “but some people go too far,” she said.
”There were beautifully restored ceilings, big original skirting boards and cornices. It was like walking through a museum. It’s probably one of the greatest myths that you can buy an old house and make money by restoring it to the glories of yesteryear.”
Monika Bonet went on to say; “The problem for the vendors selling the property was obvious… mainstream buyers don’t want to live in a museum environment – they don’t collect antique furniture and antiques, and they also didn’t care that the owners scraped back the old wallpaper and woodwork to find original colours”.
But despite the prospect of poor rewards, hundreds of people embark on heritage renovations every year because people love old houses.
“Open inspection of period homes attracts lots of buyers, who adore these character charmers,” says Monika Bonet. “However my experience though is that it can’t be over-done, as most buyers live busy lives and still want all of the modern conveniences that many period homes don’t offer” she says.
“When presenting a period home for sale, it’s important to stage the home with a makeover of modern furniture and give the property a WOW factor. We do this with a mix of antique furniture and modern stylish furniture and accessories to accentuate the homes period features, to create an unforgettable first impression that will captivate potential buyers.”
Monika Bonet says that however if you can buy a period property for a good price in an up-and-coming area, it can be personally and financially rewarding.
In March, Monika Bonet sold a run-down Victorian Bluestone farm-house in Glenelg East, which although run-down was in demand by buyers that wanted to buy an old house to restore. “Ironically although this property was rundown with an overgrown garden, the house was structurally in good shape and really the villa just needed a cosmetic renovation.”
“But when we showed the villa to buyers, most just couldn’t visualise the villa’s potential and could not see just how little work the property really needed to bring it back to it’s former glory” said Monika Bonet.
“A young couple bought the property and they intend to embark on a makeover including replacing the roof, polishing floorboards, putting in a new kitchen and bathroom, plus repainting and landscaping. When finished they will have added at least 30% to the property’s value in the space of 12 months”
“Sellers can make around 20 to 30 per cent more if they sell well-renovated older-style properties,” Monika Bonet says, and extra funds are often available…. “Councils offer grants of up to $10,000 to certain [heritage] projects,” she says.
But Monika Bonet, cautions: “Councils are principally concerned about retaining facades and rooflines. “So don’t try to fake it.”
Should you have an “old house” and are thinking of renovating, before you start, call Monika for a FREE Appraisal to see what your home is worth, and get her expert opinion on what renovations you should make to an old home to maximise it’s potential selling price.
This article was brought to you by Raine & Horne Glenelg your Glenelg Real Estate Agents and Glenelg Property Management Experts.
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Youtube… Pushy Real Estate Agent
The art of real estate negotiation between a real estate agent and a vendor… watch this video it’s a good laugh!
Do you have equity in your investment property?
Accelerate and increase your retirement fund!
Building an investment portfolio can be easy if you have equity in your current investment property…
Often you will not have to pay any costs or outlay any money to purchase an additional property, as this can be built into your investment loan using your current investment property as security.
Do you know if you have equity in your property?
Contact our office today for an obligation FREE market appraisal. You could be surprised at just how easy it is to acquire your next investment property.
Call Monika on 8376 8844 NOW!
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