Thursday, August 12, 2010

Testimonial for Team Godwin

Hi Luke

You have been really great to work with. Words cannot express how much I have appreciated your communication & quick respnses. You have made what I thought might be a difficult & stressful sale (trying to do it from another country), a stress free professional transaction. Thanks again.
Judy Brackenrig, 18/06/2010

Looking for the best Property Finance Deal.

Most property investors would be familiar with the concept that you make your profit when you buy. That is, buying wisely from the outset is the greatest determinant of how much profit you will ultimately make from your investment property.

No matter how long you may hold the property for or how creative you may be in adding value to the property, if you have overpaid for the property from the outset, it will erode how much profit you realise on your investment. Hence the reason astute investors spend a considerable amount of time doing their homework and then negotiating hard to ensure they purchase their property at the best possible price in order to maximise returns.

Similarly, securing a good deal on the loan you use to finance your property purchase can have a significant impact on the long-term success of your investment.

So how do you find the right finance deal? Well, in the same way that it is very unlikely you’d purchase the first house you viewed from the first real estate agent you spoke with, chances are you’ll need to look around. But just as with the properties themselves, some of the best home loan deals are not always obvious to the uninitiated. For example, in this current environment, there may be greater flexibility for customers who already do business with a lender. At a time when lenders are generally only lending a maximum of 90% of the value of a property, some will lend up to 95% for those who already have an existing facility with them.

But which lenders offer this? Some lenders require you to have another credit product, like a credit card , while others want to see you have a transaction account. And how active does the facility have to be? In an environment where bank lending policies are regularly changing – and tightening – smart advice on the best finance deals on offer (particularly those that are not always well publicised or explained) can have a huge impact on your investment plans.

Thursday, August 5, 2010

Exclusive listing or Open listing?

Whats the difference?

Exclusive – Only 1 agency is listed to sell the property
Open – Multiple agents listed to sell the property

Now to look at each in detail :-

Open listing have multiple agents selling your property. You may get access to more buyers than with an exclusive listing however the agent that sells the property is the ONLY agent that gets paid for the listing. This may mean that your property will sell faster but not necessarily for the best price. The agents then work less for you and more for the buyer because if they don’t sell the home ‘now’ they won’t get paid in the long term for the work that they have put into the sale.

If you would like to develop a strong partnership with the Agent marketing your property an Exclusive listing is the type of listing you need. With an exclusive listing your agent works solely for you. As every property, market and client is different, the agent and your self can work closely to develop a strong marketing strategy. For yourself, you only need to be talking to one Agent/Agency rather than numerous agents/agencies and therefore give and take feedback quickly and effectively. Your agent will know their buyers and can direct qualified candidates to you property.

So what is best for you? Depends on whether you are looking for a quick sale with the possibility of a lower price OR a well thought out marketing campaign that will reap the financial rewards with a better sale price.

Monday, August 2, 2010

Booked in to look at open homes all weekend? There are some do’s and don’ts to be aware off.


Take of your shoes.
It’s polite to take your shoes off when entering the property. Its not appropriate to bring dirt into a home that has had a great deal of time and effort spent on the cleaning to make the home look its best for you. Also it is not a good idea to take food or beverages into the home when you are making an inspection.

Respect the open times.
Always arrive early and leave within the time allocated for the home to be opened up. As most open homes are done on Saturday it is a very busy time for us and we have taken the time to plan other open homes for the day. If you are unable to make the open time we are always happy to show you around the property with a private inspection.

Owner’s privacy.
It’s not polite to be touching the ornaments or prying at personal photos. You are there to be looking at the home. Also take care if you would like to look into the cupboards and robes. If you are genuinely interested in the home and would like to get a closer look at the dimensions, it is always best to do this at a private inspection.

Parking
Always park on the road and not in the driveway or directly in front of the home. People like to get a feel from off the home and they will need to have an open view of the property from the front and having cars parked all over the drive way does not help.

Leave your details
At the minimum, leave your name on the open home register. This allows the owner of the property to gauge the amount of interest in the home. If possible leave a contact email or phone number so we can follow up with you to get your thoughts on the property.

Opinions
Keep your voice down! We all have an opinion but not everyone will have the same as yours, whether it be good or bad! If you have some thing to share about the property, let us know in private or when we give a follow up call to find out what you think.


Enjoy the viewing!
Hopefully you will enjoy the viewings and we will make the time that you take to come to the homes as relaxed as we can. We know as agents that buying and selling homes can be a very stressful time.


Thursday, July 15, 2010

Testimonial for Team Godwin

We first met Gary Thomas at one of his Auctions in Mooloolaba. We had already listed our home for sale with another prominent agent for Auction, Gary was very professional in his manner and seemed genuine with his well wishes for our own Auction. Unfortunately our house did not attract the premium offers we were expecting from the other agent. We then enlisted Gary’s help and he assured us he would get us that premium price we were after. True to his word the very first buyer Gary brought through purchased our house for $30 000 more than the other agent was able to achieve. Throughout we found Gary’s mannerism very professional and will gladly recommend his services. Next time we will choose Gary first!
Anonymous, 12/02/2010

Wednesday, July 14, 2010

Hot Property

Welcome to my very first Blog!  

I’d like to chat about one of our hottest listing we currently have available For Sale.

Number 10 Bluehaven Court is residential property at its absolute finest. Situated in the “Bokarina Beachcourts”, this is arguably one of the best beachside lifestyle options available. To the uninitiated the Beachcourts are a series of 6 paved cul de sacs in beachside Bokarina that run perpendicular to the beach and culminate in the sand dunes, all have off street parking available and have the rare bonus of a beach access path in each street. Beachside living on the Sunshine Coast is ideal, Beachcourt living takes that to an entire new level.

The property we have available for sale is a four bedoom home built by a well known Gold Coast builder in the mid 90’s and is a design quite unique to the area. The home is best described as open plan offering huge living areas and high ceilings with exceptional attention to detail and finish. Despite being approx 15 years old this home has been fastidiously maintained and requires very little work to bring it back to its original glory, maybe some carpet and a coat of paint but not much more. 

An added bonus of purchasing this property is the planned future development by Stockland which will be bordering this property, this development sight is a huge draw
card for the area and can only be seen as value adding for the entire area.

If you friends or family that you think would benefit from a peaceful beachside lifestyle then you must tell them about 10 BLUEHAVEN COURT, BOKARINA.

Thanks for taking the time and watch out for next weeks Hottie!
Gary Thomas

Monday, July 12, 2010

Recent Results

Contrary to what you have recently seen or heard the real estate market on the Sunshine Coast is still ticking over, although not at the rate we saw 6 months ago, recent settled sales from Team Godwin have been strong as you can see by the following examples.

Unit 122 The Palms Melody Court Warana sold for $287,500. The buyer was returning to the Sunshine Coast and loved the position and presentation of the unit. 
43 Yaringa Avenue Buddina sold for $755,000 This home is a high set renovated house, only  2 rooftops to the beach. The local buyers wanted to upgrade their home and to be closer to the beach, as the kids love there surfing.
11 Bindaree Crescent Mooloolaba sold for $850,000. It is an original 2 bedroom beach shack on 607 metre block with definate development potential, a local builder has purchased to develop at a later date. The position being across the road from the river has made for a great future investment. 
5 Lillypilly Place Mooloolaba sold for $635,000. The buyers are expats working in Singapore and are looking at relocating back to the Sunshine Coast in 2 years time. The wife absolutely loved the court living and ambiance of the street and the ability to renovate the home to there own tastes when they return to Australia.
67c Alfriston Drive Buderim sold for $399,000. Local investors brought this property as they saw the  potential in the land size of a massive 800 metres plus its presentation and the property alreadt having tenants in place. 

This cross section of sales highlighted that Sunshine Coast is still a great place to buy and with combination of local and out of town buyers still active in the market place it is a very resilient market where buyers are seeing value they are still buying.

Luke Godwin