Discounting Fees

I was speaking to Real Estate Business earlier this month on this topic.

I said there will always be those agents that cut rates to secure business, but what is surprising is how low they are prepared to go.

I can't help but wonder how they approach the negotiating of a sale on behalf of the Vendor.

Gallery At 60 A Success

A huge thank you to all who attended the latest opening at Gallery At 60, featuring the works of Ty Manning, Debra Nangala McDonald, Todd 'Romy' Romanowycz & Mitjili Napurrula.

It was a great night and the silent auction was strongly supported by our local businesses. All proceeds raised went to Sight For All. Check out their website to see the outstanding commitment and contribution this dedicated group of eye specialists are making to eye health and wellbeing in developing countries.

The exhibition is open from 9am - 5pm Monday to Friday until August 28th. Call in and have a look, as we have some fantastic work on display.

The CEO of REI of Victoria has pointed out that the last 20 years has shown that investment in Melbourne Property has provided better returns than the stock market.

Prices have been less valuable than shares, and buying a sound property in a good suburb means it is hard to lose in the medium and long term.

Your initial outlay is high, as are the transaction costs, but the variables to be aware of in purchasing a home or unit are easier to do your due diligence on, than researching a little known listed company.