SEA DATABASE EXCEEDS 17,000…
As a local, independent and experienced agent and agency, it is vital to be able to qualify and have ready to act prospective purchasers for your property when you select SEA as your preferred agent. We have now exceeded over 17,000 contacts. Our CRM system has matched a growing volume of buyers across all prices ranges. The most notable changes occurring in the upper end price brackets.
There are also two other notable contact classes:
- “Already SOLD Buyers” is currently at 216. These buyers are in dire need of housing.
- “Investor Only Buyers” has grown to 178. Equities and existing wealth clients have a keen willingness to buy investments either for personal or superannuation purposes.
OUR DATABASE BUYER POOL
There has been a significant interest and growth of Buyer’s Agent across the country. We are now dealing with close to 30 BA companies and remain in contact with them almost daily.
What do they do and what do they offer?
Buyer’s Agents exclusively are engaged by qualified and active buyers. They are bank approved and or already sold and can act immediately. The BA negotiates on their behalf with the agent, including all terms and conditions.
KEY to Success for Investors:
Once you acquire your investment, or decide to review your current circumstance or property portfolio, consider this:
- Don’t get lost in the system. It sounds all well and good to go with the larger franchised company or enormous real estate agency. There are agencies with between 1,000-3,000 managed properties.
- Having worked in some large agencies, sadly, you may become a number or an address. We won’t allow this occur, our methods are strict and measured, and goal is
” Commitment to Personal Service”
The desire to manage less, allows my management team to really get to know you and your family, it needs and goals. Our desire is to best advise ow to increase your yield, returns and dividend on each property.
To make the change, it’s EASY.
I want to change my property manager. How do I do it?
A poor property management experience is something you, as a landlord, should not put up with. But there is a common misconception that you can’t change agents during a lease or can only change when the property is about to be advertised again after a tenant moves out.
This is not the case, as a landlord you have complete freedom to change your property management agency whenever you see fit. The only time you can be held in a leasing and managing authority is if you’ve just signed the authority, the property is for lease and you are still within the exclusive period noted on the authority.
All you have to do to change agent is sign an authority with your new chosen agent, and they’ll do the rest. You don’t have to call your current agent, you don’t have to pick up files and you don’t have to inform your tenants. Your new agent will do all the work on your behalf.
Changing agent has no cost and no implications to your investment property. All files need to be provided to the new agent including important documents such as the lease and initial ingoing condition report. So, don’t be scared to change agent to ensure you’re getting the best service.
Your property manager should have strong communication skills, work hard to get results, give relevant advice to maximise the potential of your investment and maintain a good relationship with not only yourself, but also the tenants.
Tenants often feel like the underclass, and like they are constantly being watched by their property manager. This can cause a high turnover of tenants which in turn means more letting fees charged to you as the landlord. Therefore, it’s important that your property manager treats your tenants well and tries to negotiate for the best outcome in difficult situations before taking the legal route. Further, a tenant that is treated well is more likely to pay rent on time and treat the property well.
Many people say, no news is good news. But not hearing from your property manager every now and again just for a simple update can make a huge difference. For example, at SEA, landlords receive regular updates on their property, including rent amount and paid to date, estimated times for routine inspections and rent reviews and just a simple check in to ensure everything is running smoothly. We hope that this keeps our landlords informed and comfortable about their investment at all times.
The key points about changing your investment are:
- Don’t put up with poor service
- You can change your agent at any time
- There is no cost to change your agent
- There are no implications in terms of document loss to change your agent
- Your new agent will complete the transfer for you
- Communication and being informed is paramount to successful investing
- Ensure your tenants are treated well
Want to talk more, I had hoped you would, so give me a call to chat further and let us do the rest!
RECENTLY AWARDED #1 AGENT AND AGENCY
We are proud to have been awarded the prestige status of:
#1 Most Recommended Agent for North Manly 2021 and
#1 Most Recommended Selling Agency for North Manly 2021
#1 Most Recommended Selling Agent for Freshwater 2021
We would like to thank you for your support over my teams’ successes for the last 22 years and simply offer you up to $5,000 worth of FREE marketing if you decide to sell your home before June 30, 2021, as a gift.
Phone James Smyth – Principal and Licensee of SEA on either
02 9905 4100 or 0408 007 390
AWARDED & TRUSTED SOURCE by www.ratemyagent.com.au
Freshwater Agent of the Year ? 2015 – 2016 – 2018 – 2019 – 2020 – 2021 ?
Curl Curl Agent of the Year ? 2015 – 2016 – 2019 ?
North Manly Agent of the Year ? 2021 ?
Freshwater Agency of the Year ? 2015 – 2016 – 2017 – 2018 ?
Curl Curl Agency of the Year ? 2015 – 2016 – 2017 – 2019 ?
North Manly Agency of the Year ? 2021 ?
SHORTAGE OF FREE STANDING HOUSES FOR SALE & LEASE – OUR SEA OFFER
Renters forced to make dozens of applications amid shortage across Australia
While Australian buyers have been struggling to get into the property market, the same can be said for renters with many battling to find a home to live in.
The real estate crunch is leaving families out in the cold and right now Australia is in the grips of a rental crises.
Currently Coffs Harbour has a vacancy rate of just 0.5 per cent, which is one of the smallest in the country.
Tenants Queensland CEO Penny Carr said the tight market was leaving more people homeless in capital cities and regional towns.
The latest data shows that Sydney and Melbourne have plenty of stock while the rest of the country doesn’t fare as well.
- Making sure you’ve completed your application profile before attending the open home.
- Always try and make the first open house because there’s no guarantee there will be a second.
Mistakes to avoid:
- Don’t lie about your income.
- Don’t put yourself down as a rental reference.
Source: A Current Affair 14 April, 2021
Northern beaches rentals have increased in value by between 3.6% to 5% according to Domain, as opposed to the Eastern Suburbs where there has been a decline.
Employees with the ability to work from home have tightened supply, along with investors taking advantage of the exceptionally high demand from buyers paying above market prices to get on the property ladder.
The shortage of free standing houses available in the lower Northern beaches is forcing prices paid since in 2020 to 30% gains.
Only 19 houses have sold in Freshwater in a four month period, several of which were never taken to market. Buyers being quite upset that properties are being sold via a “secret off market” arrangement.
To capture every buyer, it may be ill advised selling under the radar. Our open house statistics have identified 1,045 registered inspections with three and half months (74.6 buyers per week). We have averaged over 5 offers per property. It is generally perceived that the more buyers introduced, the better chance of one or multiple offers being provided. This gives a greater opportunity to the selling party.
Although the RBA have stated in 2020, rates will stay low for 3 years, growth has commenced, and property prices, and credit has ballooned, making it unaffordable for many to secure a home. We perceive rates altering around September 2022 (only 18 months from now). Funding and serviceability is likely to be squeezed if equity and savings are not in place.
A natural correction is likely to occur and a slowing or acceptance of pricing. Once the demand has been fullfilled, the pricing models will slow.
This is the perfect time to consider the following, which may appeal to your circumstances:
• Selling now to take advantage to UPGRADE your home, size, or position
• Selling now to DOWNSIZE
• Selling now to PROFIT from your investment strategy
Our proven experience, awards, track records and winning sale strategies have allowed us to sell 250 properties since 2017 with a 100% Listed to Sold outcome.