The Reserve Bank of Australia has retained the current cash interest rate at two percent for the second month in a row. RBA governor Glenn Stevens said it was appropriate to leave the rate as it is. He added that even with the average growth pace of the economy, the higher rates of borrowing are a positive sign. At the moment, credit is experiencing moderate growth while borrowing …
Melbourne Weekend Auction Results | 4 July 2015
This weekend recorded a clearance rate of 77 percent, slightly lower than the 79 percent rate last weekend but higher than the 71 percent figure last year. The Real Estate Institute of Victoria (REIV) noted a total of 508 auctions this 4th of July weekend amounting to $288.55 million. Of the total figure, 392 were selling and 116 being passed in with 50 on a vendor bid. 81 properties were …
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Mistakes People Make When Choosing a Buyers Advocate
Buying a residential property takes time and research and sometimes, to succeed in this process, one needs to have a professional agent. Unfortunately, not every homebuyer who hires a buyers advocate end up successful. Here are common mistakes in picking a buyers advocate you need to be aware of. Not Trusting the Agent Trust is crucial in any relationship, whether it's business or …
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Buying a Home in Victoria
The state of Victoria in the southeast of Australia is the smallest state and the second most populous in the country. This most urbanised state has a population of more than 5.3 million as of 2011 but the Australian Bureau of Statistics predicts the number will increase to 7.2 million by 2050. Majority or almost 90 percent of Victorians live in cities and towns and 75 percent live in …
Cost of Hiring a Buyers Advocate
Homebuying is tedious work as it takes time, research and a lot of paper work. As such, you have two options - do it on your own or get the help of a buyer's advocate. The process of buying a home can be done without a hitch if one gets the services of a buyers advocate. With a trusted agent to assist you, you can be sure to find your dream home or at least one closest to that. The fee for …
How to Pick the Right Buyers Advocate
Buying a house is a dream of many people and should, therefore, be done with much care. Various processes and numerous paperwork are involved in purchasing a residential property the reason why hiring a buyers advocate would be very beneficial to any home buyer. Not all home buyers have the skills and knowledge that will enable them to acquire their dream property or a piece of real estate …
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Reasons You Need a Buyers Advocate When Buying a Home
When it comes to real estate, there's a wealth of information available on the internet. But for new home buyers, what they can find online can be a bit confusing. Some data may already be updated whilst other information may be incomplete or out of date, leaving readers craving accurate information and needing to look else. This is one of the reasons why home buyers and investors need to …
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How Can A Buyers Advocate Help You
Buying a residential property can be a real challenge. There are many factors to consider and proper research is a must. But if you have a buyers advocate to assist you, you can be sure to get the right information, find and purchase the right home at the right price. Buyers advocates are also known as buyers agents. They are licensed professionals who help home buyers search, evaluate and …
What Is A Buyers Advocate And Why Should You Use One
A Buyers Advocate, also called a Buyers Agent, is a licensed professional that acts solely on behalf of the buyer. A buyers advocate specialises in searching for a suitable property, depending on the needs of the buyer, evaluating each property, then negotiating the best possible price on behalf of the buyer. A buyers advocate does not sell real estate. The key difference between a buyers …
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