One Agency JD Property Agents

From our desk to yours


From our desk to yours

We are inspired! We have grown! We are motivated!

Our sales team have recently returned from AREC (Australian Real Estate Conference) – a two day event that is action packed with 21 amazing real estate speakers. We can’t wait to bring you, our valuable clients, the latest real estate innovations that will ultimately benefit you.

Did you know that the Coalition Government has outlined a major plan to help younger Australians buy their first home? And have you heard about the changes to the median rental price, if any, in the Illawarra?

 

Read on to find out more….


Selling Tips


Selling Tips

What makes a good real estate agent?

While every agent has their own way of doing things, good real estate agents will always have some common traits. Below are 7 qualities to be on the lookout for when looking for the ideal agent to sell your home:

1.  Communication

If the agent is not a great communicator, the stress levels of sellers and buyers can increase. The agent should be able to keep you updated at all times to ensure that you are not wasting time or opportunities. A good agent should be able to ascertain what your preferred method of communication is so that you don’t feel ignored, or pressured by too much communication.

2. Proactive

A good agent should be proactive in calling potential buyers, and communicating with existing sellers.

3. Be a good listener

As a client, you should be the one that does most of the talking. Your agent should be listening to ensure that they understand your needs and requirements.

4. Client-motivated

A good agent will always have their clients’ needs as their top priority. With real estate transactions being stressful, it is important that the agent make sure that their client is feeling supported. A good real estate will recognise that no two sales are the same and will be able to adapt their approach to the specific needs of their client.

5. Local area knowledge

Agents sell more than a home – they sell the lifestyle that comes with it. To do this effectively requires a deep understanding of the local area. Ask your prospective agent some questions about the area, such as train and bus routes, schools, etc.

6.Time frame and motivation

A good agent should know their client’s timeframe, why their clients are selling, and what their future plans are. The agent should know if there is any sentiment attached to the property being sold, as those needs will be different to someone selling an investment property. A good agent will know the difference in these transactions and adapt accordingly.

7. Can provide client reviews

The easiest way to find a good agent is to look at their past clients for a reference. Ask your prospective agent for testimonials or statements from their last 20 clients, not their selected clients, but their last 20 clients.

Source: http://bit.ly/2ZxgDGj


Links

Buyers Bulletin


Buyers Bulletin

Help for first home buyers

As a part of the election campaign, Prime Minister Scott Morrison outlined a major plan to help younger Australians buy their first home. The Coalition government have indicated they would look to set up a new policy, called the First Home Loan Deposit Scheme, which offers loan guarantees for first home buyers to allow them to buy a property with a 5% deposit. The value of the home that can be purchased under the scheme will be determined on a regional basis to reflect different property markets across the country.

Mr Morrison has indicated that the guarantee would be offered to approved applicants. The scheme means guaranteeing the additional loan amount taken out by a first home buyer to cover the difference between the lower deposit of, say, 5% and 20% of the value of the property. Banks will still complete their normal checks on the borrower to make sure that the repayments can be met.

The scheme will be available to first home buyers with an income of up to $125,000 or a couple with $200,000 where they are both first home buyers.

The government intends to borrow money to invest in the National Housing Finance and Investment Corporation, which will offer the guarantees to first home buyers.  The scheme would be capped at a maximum of 10,000 loans each year. The National Housing and Investment Corporation will support buyers for the life of their home loan or until the value of the property increases to when they choose to refinance.

For more information: https://www.liberal.org.au/latest-news/2019/05/12/helping-australians-buy-their-first-home

Source: http://bit.ly/2wYjyMb


Links

Rental News


Rental News

Rental Update 

The April REINSW Residential Vacancy Rate Survey reveals a 0.4 per cent increase in rental vacancies for the Illawarra region, from 2.2 per cent on 15th March 2019, to 2.6 per cent on 15th April 2019. The Wollongong area remained steady at 2.7 per cent. However other areas in the region saw an increase of 0.7 per cent between March and April.

The REINSW Residential Vacancy Rate Survey is based on the proportion of residential properties that are not leased compared to the total number of managed properties of REINSW member agents on the 15th of each month.

Carried out monthly, the research – a survey of REINSW member agents conducted by Survey Matters – collects the total properties on agency rent rolls, the number of properties that were vacant on the 15th of the month, and the postcode in which a majority of agents’ rental properties are located.

The Domain Rental Report for the March 2019 quarter reveals that the median weekly asking rent for the Wollongong Local Government Area as of March 2019 was $500 per week, the same amount as 12 months prior. In March 2014 this figure was $420 per week. The report states that house rents are now back to late 2016 prices, and unit prices are back to early 2017. It also noted that these current rental conditions provide tenants with a window of opportunity to negotiate rents and terms, and that landlord’s face greater competition to secure and retain a tenant.

Source; https://www.miragenews.com/sydney-rental-vacancies-decrease-despite-year-on-year-increase-of-11-per-cent/

Source: https://www.illawarramercury.com.au/story/6084284/new-report-reveals-illawarras-average-rental-prices/


Client Stories


Client Stories

"Sarah Ward always displayed a thorough knowledge of the industry, the market and the process and educated us in a way that was always warm, respectful and helpful inspite of our ignorance! "
Jeni, Figtree Seller

"At a time when parting from a cherished home is fraught with pressure and challenging decisions Joanne Danckwardt remained respectful, resourceful and highly skilled at identifying solutions. The experience was achingly tough, however Joanne recognised this and used her extensive experience and genuine care to assist in each step. Her advice was astute and highly appropriate achieving the result in minimal time hopefully bringing a very positive beginning for the new owner. "
Sally, Mount Saint Thomas Seller


Links

Useful Links


Links