October 20th, 2014

Harcourts Head of International Joins Top Queensland Office as Real Estate Agent

Tina Sander
Harcourts International Real Estate Group bids farewell to their Head of International, Tina Sander, who joins the number one Queensland office, Harcourts Coastal, as a Real Estate Agent.

Miss Sander has been a part of the Harcourts International corporate team for over eight years, and has been instrumental in successfully launching and building Harcourts businesses in The United States of America, South Africa, China and Indonesia.

The team at Queensland’s top performing office, Harcourts Coastal, are excited to have Miss Sander on board and believe Miss Sander’s international connections and experience will prove invaluable to the team and their clients.

“Tina’s unique background as the Head of International for Harcourts will prove to be a priceless asset to our clients. She is an exceptional communicator with an infectious personality. Tina’s energy and highly disciplined approach to the business make her a formidable advantage to Harcourts Coastal,” said Harcourts Coastal Business …

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October 17th, 2014

Harcourts Victoria launch Wheelers Hill office as lure to area continues to soar

Gary Burnett

Wheelers Hill again topped this year’s RP Data list of Melbourne suburbs with the longest ownership period and as the area’s property market continues to soar, Harcourts Victoria announces the opening of their new Harcourts Wheelers Hill office.

Leading the new office is business owner and director, Gary Burnett, who brings a fresh and personable approach to real estate that he believes is missing from the area’s current property market.

Mr Burnett says, “Our team’s local approach to real estate will offer vendors, buyers, landlords and tenants a level of service that is not currently available from other agents in the area.”

“The new office announcement has been met with overwhelming support and best wishes from a community who are looking for a local agency with a personal touch and ball-park level customer service,” Mr Burnett adds.

As part of Harcourts Victoria’s growth strategy, Wheelers Hill marks the 75th Victorian …

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October 17th, 2014

Property Focus (Australia, October 2014)

Property Focus
In the October issue of the Australian Property Focus newsletter:

  • How much is your home worth
  • Market Facts
  • Why choose to hold open homes?
  • How can you prepare for an open home?

Read more

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October 17th, 2014

Do your sums before you downscale

Calculator

If you’re thinking of moving to a smaller home that is easier to manage and more secure, you might need to “downscale” more than you thought to make the move worthwhile.

So says Richard Gray, CEO of Harcourts Real Estate, who notes that about one in four home sales these days is being made by empty-nesters hoping to downscale from a family home and hopefully cut costs while also improving their personal security.

“However, the latest housing review from Absa illustrates that there is really not that much benefit in moving from a medium-size house to a small house at the moment. It shows that the average price of a pre-owned, medium-sized home achieved year-on-year growth of 6.9% in August this year to R1.14m, while the average price of a small home grew 11.4% to around R824 000.

“And using these values, the costs of selling a medium-sized home and …

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October 15th, 2014

National MarketWatch October 2014 (New Zealand)

October 2014

Auckland and Christchurch have recovered from the winter lull that is traditional in real estate, with written sales up and average prices continuing to increase.

Elsewhere in the country the recovery is not so obvious, with the provinces still struggling under the Reserve Bank’s LVR restrictions.

The Reserve Bank signalled it may look to remove LVR restrictions at the end of the year and, as far as provincial New Zealand goes, this would be a much needed respite for the struggling real estate market. In Christchurch and Auckland LVR restrictions have done little to dampen demand for housing and the resulting price increases.

Harcourts CEO Hayden Duncan says it is simple demand and supply. In Christchurch and Auckland demand is outstripping supply and prices will continue to rise until this is no longer the case. As the city’s populations show no sign of slowing down, the only answer is rapid …

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October 14th, 2014

Harcourts Midweek Day-Time Auctions Do Work

Harcourts Auction
Midweek, daytime auctions are just as effective as those held in the weekend – a fact proven by two recent and highly successful sales.
The Harcourts Queensland auction team sold a Nudgee property for $275,000 above the reserve price and a Hawthorne property for $410,000 above reserve.
Chief auctioneer for Harcourts Queensland Mitch Peereboom said “These results confirm the auction process is not governed by time and place, but rather by buyers wanting to purchase a property.”
The final sale price for the Nudgee property was an exceptional result, as offers prior to auction were well below the reserve. Finance also fell through on one contract.
Reaching $410,000 above reserve at an in-house auction, during business hours, is an outstanding result, proving that weekday auctions work, Mr Peereboom said.
“Regardless of the auction time, our primary goal is to keep the marketing and auction process the same, which inherently captures …

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