Category: Property Investment Services (3)

If you have made up your mind on buying a new house, you need to have all the information for making the right decision – which means, you need to ask loads of questions before signing an agreement. As you browse through several property options to find the perfect house, knowing what you need to ask your real estate agent can make the entire process hassle-free and also save you a lot of time. By doing this, you can actually have proper clarity on the value of the property, identify the potential risks with the property and make the right offer to the seller.

Here are top 6 questions to ask your real estate agent in Glenhaven which can reveal all the information that you need to know before buying your new house.

Why are they Selling the House?

The first thing you need to ask your real estate agent is the reason behind the sale. Getting this priceless information will not only help you understand the selling time frame but also assist you in negotiating the price. The answer to this question will help you understand how eager they are to sell the property. For example, if the seller is moving abroad for work, he/she will be more eager to sell the property faster than someone who wants to move into a bigger house. By knowing the urgency, you could even negotiate a lower price.

For How Many Weeks or Months the Property Has Been on the Market?

If you have your eyes set on a property, it is wise that you should know for how long it has been on the market. According to market trends and surveys, if a property has been on the market for more than six weeks, you can assume that either there is something wrong with it or it has been overpriced. If we go by the current real estate market in Australia, a correctly priced property should have a purchase closing within six weeks. Ask your real estate agent in Glenhaven whether the property was a part of an auction and failed to sell. You need to find out why did it fail and the other details about the auction.

Can You Give Me a List of Comparable Sales?

By obtaining a list of comparable sales, you can understand whether the asking price has logical validity or is it totally unrealistic. This will help you make the right offer for the property or tell you whether you should move on. You need to ask your agent for all the information about the local market. For example, you need to know the time of the year when the maximum number of properties were sold, the total number of houses sold last year and the price that they were sold for.

What Is the Original Asking Price for The Property?

This is one of the most important questions that you should ask your real estate agent in Glenhaven. You need to find out the original asking price that was offered previously. To get proper clarity on the previous price range, you need to ask the following questions:

  • How many offers were made so far and what were the asking prices?
  • How many offers did the house seller put down?
  • If some offers made the cut, why the deals did not go through?

By getting answers to these questions, you can form an idea of how much the seller is expecting, why the previous offers failed and how much the previous interested buyers thought the actual value of the property was.

Will the Sellers Negotiate on the Price?

If you have made up your mind on buying a house, then don’t hesitate to ask your real estate agent in Glenhaven whether the seller is ready to negotiate on the price. According to current market trends, houses in Australia sell up 10% less than their asking price. However, this depends on several factors including the market condition, location and for how long the property has been on the market. This is why you need to do a proper research into the value of the property.

How is the Locality?

When you are buying a house, you also need to keep in mind the ‘return on investment’ factor. This is why you need to have closer look at the demographics of the locality. Is the area made up of families or single parents? Young working professionals or senior citizens? To garner the maximum return on investment you need buy a house that suits the demographics of the locality.

Buying a house is one of the biggest investments that you will make in life and so don’t just settle on the first property that you think is suitable for you. Property investment should not be guided by emotions but with logic and market data. In a bid to make the right decision, you need to convey your concerns to the real estate agent. At Vogue Real Estate, our agents have decades of experience and extensive knowledge about the market. With real-time market data and extensive surveys, we offer full assistance so that you make the right choice. No matter what your needs are, we can help you buy the right property at the right price.

Everyone should feel the safest at the comfort of their own home. We hope that this stands true for all of you, dear readers. However, feeling safe and being safe is not the same thing. There are hidden dangers in almost every home. Hazards around the house and possible injury from home appliances, around the kitchen, in the bathroom, up the stairs or many other things carry a particular dangerous component – we are used to them. We use them every day and this makes things we do around the house, and the objects we are using, to look ordinary and by extension. harmless. However, this is not the case. Safety in the Home, any home, including yours, depends on preparation and vigilance.

We are, of course, not trying to make you feel scared of your own living space. On the contrary. We hope for you to feel more confident in your own home after you read all of our advice and information. So, let’s make you feel safer by showing you all the things to look out for in the interest of true safety in the home.

Why having a home safety checklist is the best option

As we mentioned before, when you get used to your own house it might be a disfavour to your objective sense of safety. For that matter, checklists are the name of the game. There is no better way to make sure that you go to sleep peacefully knowing you have done everything that is to be done then simply having a list to go through. Safety in the home need planning and careful consideration, and taking things to paper and pen is often the simplest, yet most effective, way to make sure you haven’t missed anything.

Make a list and check it twice!
Make a list and check it twice!

Therefore, in case you are in the process of looking out for upgrades to consider for your home, also use this chance to go over the checklist and see if your security also needs an upgrade.

Of course, we are not here just to say you should have a checklist in the interest of your safety in the home. Rather, we would like to provide you with steps to creating your own. Let’s get through it.

Kitchen safety in the home 

For many of you, it will not be a surprise that we start with a room with all the knives in the house, and of course, you should make sure to have any sharp objects safely stored, closets secured, stove turned off etc. (this goes especially if you are trying to how to find a pet friendly apartment or having small children around). However, we would like to turn to a more insidious hazard lurking in the kitchen, or rather, the food coming out of it straight to the dinner plate!

Pots and pans and materials they are from

Yes, pots don’t present much danger unto themselves (except maybe fall damage, but for that, consult the previous paragraph). However, they are a place you make most of your food in. This means that the materials they are made of can influence the food itself. This directly impacts your health. So, what materials to aim for?

  • Aluminum – it is a quite common material in use due to it being inexpensive and, as it turns out, rather harmless. While it is true that some aluminum will get in your body through food cooked in aluminum pots and pans, it is almost always such a minimal amount that it can be easily discarded. Anodized aluminum here is even better and more practical to use.
  • Cast iron – it is a good option to use cast iron. It reacts good, has no harmful elements and won’t stick. The only way it can really negatively impact the safety of the house is if it falls on your feet – but then, again, that is not in the scope of material safety.
  • Titanium and stainless steel – a little more expensive, but really good for both cooking and your health. Can’t go wrong with them.
  • Copper – depends on the coating. Older pans might not have a protective coating, and that can lead to an intake of copper that is above the recommended (even beneficial) dosage. Modern ones, however, have a protective coating. The only thing to make sure there is that you are not allergic to whatever metal is used. So, all in all, if you are just now adapting to a new life after moving to a new house and need some advice on that kitchen setup, or you are just now checking the safety of the kitchen use used since forever, go over the materials you use…

Oh, and before we finish up with the kitchen, there is one more thing on the menu:

Hot liquids and the dangers they pose 

For all of you coffee lovers, imagine the following scenario.

Having a nice cup of coffee is a routine and we are creatures of habit. But still, be careful.
Having a nice cup of coffee is a routine and we are creatures of habit. But still, be careful.

You find yourself on a warm, yet comfortable Saturday morning in Sydney. There is a lot to be done, as your computer screen still displays from last night’s preparation for the move you are planning to make. What better way to start your morning than with that hot cup of coffee or tea? And just like that, as you are lost in thought, the just-boiled water spills on you.

This is not an uncommon occurrence, and it is a problem in both job security and the safety of the home.

Be truly careful. Just a few seconds of exposure can cause third-degree burns, and even hot tap water is dangerous. Be especially careful about what your child can reach.

Falling (stairs and the toilet) 

This is by far the most common way to get hurt in your own home, and it especially affects children and the elderly. What you are to keep in mind is that wet areas are slippery (this is equally good information for swimming pool owners as it is everybody with a shower). Try using rubber surfaces for more tension, or even carpets in bathrooms.

As for stairs – good rails and good lighting. Not much more to that and common sense not to try to run them it or apply any slipper surface covering on the steps.

What about the rest of the house? 

So, what about all the other part of the house. Well, some common rules:

  • Make everything well lit
  • No exposed wires
  • No mould or water damage
  • No sharp objects on or near the ground.
  • Furniture (especially wardrobes) should be stable and secured.
  • Safe storage of a firearm – should you possess any.

Ok, so, is that it? Well, there is one more thing to look at in the name of safety in the home: detectors and alarms.

Gas and fire are the most destructive things that can originate in your home.
Gas and fire are the most destructive things that can originate in your home.

We didn’t mention house fires before, but we already recommended some steps that would prevent those. But, what if it already occurred? Fire detectors are really important here. Paired up with sprinkles they are sure to do the most possible to prevent fire. Place them in kitchens, basements and garages.

But, there is also a stealthier danger – toxic gases like carbon monoxide or even Radon accumulation.

Here detectors are a must. Fire you might even see before it is too late, however, both gases we mentioned are tasteless and odourless… and also invisible. There are a lot of cases of intoxication. It can lead to serious bodily harm or even death. Be safe.

In conclusion 

Make a checklist following priorities we laid out and go through it. If your house has it all – sleep well knowing that you are doing the best you can to make a safe home for yourself and the family. And, should it turn out that safety in the house needs some help – well now you know and can do something about it!

It can be really difficult to find a good property manager that will find you a decent rental asset. Mainly because there are various agencies out there, probably more than what is needed to get your property back into the market. With so many options available, it is always difficult to find the right one. However, do not be worried! Answers to some right questions can easily give you a clear idea on who is the best to manage your property without fail. Here are some questions that can help you understand whether your listed property investment services in Beaumont hills are right for you.

What kind of properties have your property investment services managed?

Experience is a huge factor and should be taken seriously in this field of property management. However, the experience should not be decided based on the number of years alone. It should include the types of properties that they have handled too. Depending on the type of property that you have, you can opt for a service provider who has already handled properties like yours and has gathered a abundant of experience in managing a diverse range of properties in different neighbourhoods.

How does your property investment services screen potential tenants?

One of the most important parts of property management is screening potential tenants. The way the process is conducted reflects on the level of their expertise and the service they will provide to your property. Ask them questions on their tenant matching process and how they find these tenants. Their answers will provide you with a clear idea on their methods of operation and the extent to which they will go to get the job done right.

How do you handle late payments by tenants?

The initial stage of property management is all about getting the right tenants for the property. This follows managing the tenancy itself. You should ask your property investment services about the steps that they will take in order to handle late payments while calculating its repercussions in the process. This will give you a strong sense about their management styles and how they will deal with critical situations. See if their managerial process works with your needs and expectations before fixing your mind.

What’s the right rental price for my property?

Through some thorough researches beforehand, the answers to this question will help you assess the potential of your property manager and what they can offer. It will also offer you a better insight on what your property is currently worth.

Compare these answers collected from different property investment services in Australia to see which one better understands and will meet your needs. You will also understand what they can offer to you and where does your property stand in the market.