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Real Estate Insider Tips

Posted by Tony Zorzo
Tony Zorzo
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on Wednesday, 01 May 2013
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Tip 1. Audit your agent’s online marketing. Over 90% of home-buyers start their house search online, chances are they will never even get in the car to come see your home if the online listings aren't compelling. By this I mean quality pictures which shows off your homes best features! In my opinion  listings with more than 6 pictures are twice as likely to be viewed by buyers as listings that have fewer than 6 pictures.

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HOW TO CHOOSE THE RIGHT TIME TO SELL

Posted by Tony Zorzo
Tony Zorzo
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on Tuesday, 12 February 2013
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The age old question of "WHEN IS THE RIGHT TIME TO SELL" is best broken down into several components;

1. Moving house, every day mums and dads move house for a variety of reasons, job transfer, up or down sizing, sea change, divorce etc. The right time is when the need arises and is driven more by necessity than profit. So in summary the right time is when you are ready not when the sun and the planets align.

2. Liquidating an investment portfolio, this one is generally profit driven or a need to reduce debt exposure, retirement etc,  so picking a time to sell  is more financially driven with possible external pressures from a variety of sources, loan funder's etc.

Fell free to email me your questions or comments to This e-mail address is being protected from spambots. You need JavaScript enabled to view it

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Existing Home Owners Sell Now Before!

Posted by Tony Zorzo
Tony Zorzo
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on Saturday, 16 June 2012
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Recent press release by the the NSW State Government indicated that first home buyer concessions will be swithched off on existing homes from the 30th September 2012 with the focus being put onto new home builders.

If you own an existing home valued less than say $550,000 and you are considering selling some time over the next 12 months, I would strongly suggest that you plan your sale to take place now as time is running out to take advantage of first home buyers that may not be able to afford a brand new home.

Think of it this way;

Sell today to a first home buyer at potentially higher price than say after the 30th September 2012 where prices may slide off by up to 10%. In some parts of the state we have already experienced a slowing in home sales after stamp duty concessions were removed from 1st of January 2012.

If you are moving and looking to buy a newly built or off the plan home you will, from 1st July 2012,  have access to a $5,000 grant, on homes up to $650,000.

Visit the following link for more information. http://www.osr.nsw.gov.au/legislation/budget/2012/

Tony Zorzo

Licensed Real Estate Agent

Representing

www.f1realestate.com.au

http://www.australianrealestatestclair.com.au/

www.ebbx.com.au

www.bartercard.com.au

 

 

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Lease Back Your Property After You Have Sold

Posted by Tony Zorzo
Tony Zorzo
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on Saturday, 19 May 2012
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Did you know that when you are looking to sell your property one of the most crucial questions to be considered should be, "What is my exit strategy from this sale".

Apart from the sale price the next big issue faced by owners will centre on why they are selling;

E.g.

  1. Pay down debt
  2. Invest in another property
  3. Moving into another property

Now the first two are fairly straight forward however did you know that item "3" is one that needs a fair amount of forethought and planning before you put your property up for sale.

I recently helped several owners take the stress out of the sale and moving process by simply suggesting that we broker their sale on the basis of a "Lease Back"

In other words we sell at today's price which we understand, upon settlement the old owner leases the property back for a period of time pending on finding a suitable property or until their new property is built.

The key here is understanding the current property market.

Today's prices are predictable in that the owners have access to historic data to work with where as 3, 6, 9, 12 months time is less predictable and in a volatile market may lead to costly mistake, how big a risk do you want to take.

So what is you Exit Strategy?

What are your Selling Options?

Tony Zorzo

F1 Real Estate







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WHEN IS IT THE RIGHT TIME TO SELL MY HOME?

Posted by Tony Zorzo
Tony Zorzo
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on Saturday, 12 May 2012
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IT’S THE RIGHT TIME TO SELL WHEN!

  • You need to pay-down debt
  • Bring about a change in  lifestyle
  • Move closer to work, family, friends
  • You need more space for the family
  • You need to down size
  • Spring, summer, autumn, winter?
  • When prices are up
  • Divorce, loss of job
  • The list is limitless

 Over my working life I have been a buyer, a seller and estate agent, now here is THE BIG SECRET.

 

There are buyers ready to make the move 365 days a year; they are simply waiting for your property to make an impression on them at the time that they are ready to buy.

 

Tony Zorzo

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Investor Commences Construction

Posted by Tony Zorzo
Tony Zorzo
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on Saturday, 05 May 2012
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All is not doom and gloom, granted that there are businesses and individuals doing it tough.

Two years ago a Melbourne based client purchased industrial land in the Western Sydney Industrial base of Wetherill Park, The client has now started building and will look to relocated their ever growing National industrial fastners business from lease premises in the near future.

When the client was asked why build now with  an uncertain future , the reply was simple good and bad times always follow each other and now is a good time as any to build and relocate, builders were keen to sharpen their pencils for the work.

If you have a business looking to relocate to new premises in the Wetherill Park area, close to M2/M7 Freeway, than take a look at this unit which is up for Lease.

 http://www.f1realestate.com.au/property/wetherill-park-new-industrial-warehousing

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Waterfront Acreage For Sale On Barter Trade

Posted by Tony Zorzo
Tony Zorzo
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on Saturday, 05 May 2012
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Buyers looking to purchase small acreage on the east coast of NSW will be pleasantly surprised by the seclusion of this 18 acre property for sale right on the water at lake Cuttagee, Bermagui.

The vendor is very keen to move so has offered the property for sale with a barter trade finance as an option. For any business person living in say Melbourne looking to escape during the holiday season Bermagui is a very popular spot. It is approx 5 hours North of Melbourne.

Recent sales of similar sized properties in the area have been between $1mil and $2mil. Our client is asking $1.5mil and is prepared to consider a deal with 30% trade currency in the deal.

Refer to my earlier blog for details of barter trade concept

http://www.f1realestate.com.au/property/289-head-of-cuttagee-road-bermagui-nsw-2546

Tony Zorzo

 

 

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Selling Real Estate- A New Option

Posted by Tony Zorzo
Tony Zorzo
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on Friday, 06 April 2012
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A New Option to Selling Real Estate

Over the past 5 years the barter trade industry has been offering vendors a cost-effective marketing strategy to help achieve quick sales at best price outcomes!

By offering your property for sale with barter trade as an option you have the potential to attract the attention of thousands of business owners - many of whom are looking for investment properties. In many cases vendors who accept barter trade as an option achieve quicker sales.

For property developers selling a new development off the plan, initial sales via barter trade can set high benchmark prices, members of barter organisations, by leveraging their gross margin when using trade currency to purchase property, are generally willing to pay best price. The upside is that price point is established and on site sales activity will attract traditional cash market buyer activity.

Furthermore, using barter trade as a marketing tool can also reduce the number of unsold units at the end of an otherwise successful development. As an example of how effective marketing through the barter trade can be:

"A developer marketing a townhouse subdivision, to expedite the sale of all units in the development lists the remaining units with a trade currency deposit of 30% of the selling price. In only a few months the entire development is sold-down with trade members purchasing a large number of units, and without the developer having to reduce the selling price on less attractive units!"

Another major advantage to vendors is that sales can be achieved without excessive marketing costs.

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First Blog Post

Posted by Tony Zorzo
Tony Zorzo
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on Tuesday, 13 March 2012
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Testing First Blog Post

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