The Blog
- Show all categories
- Real Estate Agents
- Real Estate
- Local Real Estate Agent
- Property Managers
- Property Investments
- Renting
- Selling
Dec 13, 2021
Important Questions You Should Always Ask A Real Estate Agent
If you’re in the market to buy a new home, you’ll know just how complicated and in-depth the entire process can be. With so many steps to undertake to ensure that your new home is perfect for you and the contract signing process goes smoothly, it always pays to ask your real estate agent some pre-determined questions that will ensure that you’re well informed and up to date on all the important aspects of the transaction. Take a look here at our top questions we think that you should always ask a real estate agent during the buying process. 1. How long has the property been on the market? The length of time that a property on the market can tell you a lot about it. If it has been on the market for an extended period of time, it could potentially be priced incorrectly or there may be something wrong with it that isn’t obvious at first. Most homes in Australia will sell within one month of being on the market, so it’s worth enquiring why if it’s been up for sale much longer than that. 2. Are there any known issues with the property or land? While they may not always be apparent at first glance, any significant issues with the property can seriously affect the value and even the safety of the property. Ask upfront about any known issues that could affect your decision to purchase the property and always be sure to have a building and pest inspection conducted before finalising any contracts of sale. 3. Why is the vendor selling? Often, asking why a vendor is selling will not only tell you a lot about a property, but can also assist in the negotiations. If, for example, the sellers have already bought a new property, they may be more motivated to sell and could drop their asking price. The agent will be representing the vendor’s interests, but a less skilled agent (not from Nelson Bay Real Estate!) might reveal very useful information. Information is key and can help you when it comes to contracts, choosing settlement dates and price negotiations. 4. Can you provide some recent comparable sales? This type of list is going to tell you a lot about homes in the area that are sold for a similar price. Such a list will not only help you validate the price they are asking for and provide you with confidence in terms of value, but it can also show that the price they are asking for is unrealistic. There are lots of online portals that provide this information too. This can often be the difference between having the confidence and signing your contract or walking away from the deal if they want more than it is worth. 5. What are the neighbours like? While this may not seem like an obvious question to ask, knowing what the neighbours are like can play a huge part in your decision-making process. No one wants to live next to unruly or rowdy neighbours, or neighbours that always make complaints. Neighbours can affect your quality of life, both positively or negatively, so it always pays to know what kind of environment you are potentially moving into if you can.l. Contact us Asking some well-informed and strategic questions when buying property in Nelson Bay can mean the difference between buying a home you will absolutely love and ending up with a home that is less than ideal compared to what you thought going in. If you are currently in the process of hunting a property for sale in Nelson Bay, we can help! You can get in touch with us today and our team of professional and experienced local real estate agents in Nelson Bay and Tilligerry will be able to assist you with the properties available in the region. Do you want to know more how to find or choose the best real estate agent or what can a real estate agent do to help you? Check our blogs to be informed on the latest news of properties in Nelson Bay and be updated of the latest guides from our experts.
Oct 22, 2021
What You Should Do Before Listing Your Property For Sale
Deciding to sell your home can be an emotional and exciting time; you are moving on to new adventures and hope to find someone who appreciates your home as much as you have. However, selling any property is not as simple and straightforward as you might imagine. Before you list your property for sale in Nelson Bay, there are some things that you should consider doing. Here, we will look at some essential things to tick off your checklist before you list, so that you can have the best sale experience possible. Look at the competition By this, we mean you should look at the property market as it stands now, rather than assuming it is the same as when you moved in. You can do this easily by seeing which properties have sold in Nelson Bay and Tilligerry local area in the past year or so, and examining how much their asking prices were, and how much they sold for. Recent sales are often available online. It is also worth checking out what is currently on the market, especially properties that are similar to your own. This will give you a better idea of what you can expect from a listing price. Prepare paperwork Getting your paperwork in order before you list is a great idea and can help you with any legalities later in the process. Of course, you will want to dig out the deeds to your home, but you should also try to lay your hands on any essential operating manuals and other pieces of paperwork that a potential buyer may need after purchase. Declutter When you think about taking photographs of your home for listing, does the thought fill you with dread? We all live with more clutter than we would like, but before you list and start to get viewings, you want your home to be the best it can be. This means throwing out any items that are not needed and putting all items that are not needed on display in cupboards or in the garage. A sleek and minimalist appearance allows potential buyers to view the property without the distraction of your personal items. Do some DIY While in some cases major renovation work (such as turning an attic into a bedroom) might give you the edge in a crowded market, usually you can improve your home with some easy DIY changes. For example, you will want to make sure your garden is neat and tidy, and that the internal and external paintwork looks fresh and in the best case, a neutral colour. If you fix any broken doors or cracked plasterwork and you will be surprised at how much better this looks in photographs and in person for potential buyers. Speak to a real estate agent Yes, it is best to talk to a real estate agent even before you are ready to list. They can advise you on all of these points with their professional opinion to help you to prepare your home for listing and viewing. After all, there is no insight like the insight you can get from an unbiased property professional. Contact us Are you thinking of listing your property for sale in Nelson Bay? We can help. At Nelson Bay Real Estate, we are experienced and professional and know how to get your property sold in Nelson Bay, Tanilba Bay, Tomaree Peninsula & Tilligerry on the market for the best return possible. Get in touch with our local real estate team now to see how we can support you in selling your home for the best possible price.
Sep 10, 2021
Is It Worth Using A Real Estate Agent?
Selling your home can be an exciting time if you are moving on into new adventures. However, knowing how to sell your house can be challenging when you are not an expert in the real estate market in Nelson Bay. You may be wondering what the quickest and most cost-effective option is, whether that is selling privately yourself or through a real estate agent. In fact, you may find that most people you know do use a real estate agent. But why? Is it really worth the cost and the time taken to find the right agent for you? At Nelson Bay Real Estate we are here to help you find out the answer to these questions and more. Cost-Saving Many people consider avoiding using an agent to save money, however, real estate agent fees might not be the net loss you think they are. Because real estate agents know the local area well and have professional connections, they may be able to get a higher price for your property than you could by yourself. They also have access to certain information that you do not, so what you pay them could be more than made up by getting a better price after the sale is settled. Trust When someone is buying a house, they often will only buy with an agent that they know and trust. Buying (and selling) privately can be high risk as there are fewer protections in place compared to those offered by a qualified agent. You may be missing out on potential buyers who wish to avoid these pitfalls, limiting yourself to a lower number of opportunities. Not to mention that you can trust them to source high-quality buyers and should not leave you in legal difficulty if a sale falls through. Expertise Getting in touch with an agent to market and sell your property means that you can access their marketing and selling expertise. They know how best to advertise a property, and often have a list of potential buyers for homes in your area. They will also understand the legalities of selling a property, so you won’t end up confused and missing out on vital details and deadlines during the selling process. Less Stress While selling a property can be exciting, it can also be extremely stressful. Employing a real estate agent is a great way to alleviate some of this stress. For example, you will not need to take calls and emails from prospective buyers, nor will you be required to show them around the property. How We Can Help When you agree to sell your property with a Real Estate agent in Nelson Bay, they can support you every step of the way. From understanding the value of your property and marketing it effectively to finding the best buyer and getting the right price, we will be there to help you sell your home. Are you ready to start the process to sell your property in Nelson Bay, Tanilba Bay, Tomaree Peninsula & Tilligerry with an accredited and experienced team? Get in touch with us today or call 02 4981 2655 to see how our qualified and expert real estate agents can help you with the sale of your property now. @media only screen and (max-width: 600px) { .heading-text-1 { font-size:23px !important; }}
Aug 16, 2021
What Do Property Managers Do?
If you’re considering purchasing an investment property, you are going to need to consider how you are going to manage the property. You may have thought about managing the property yourself or you may also be considering investing in a great property manager. Not too sure what a property manager does and if their services are worth the expense? If you’re considering hiring a property manager but you need a bit more information on what they do to help you make your decision, here at Nelson Bay Real Estate we are here to assist. 1) Oversee The Financials One of the most important things that property managers oversee is the financial management of your property. Not only do they ensure that your property is tenanted by quality tenants that will take care of your house and pay their rent on time, but they also utilise their local market expertise to evaluate rental prices and instigate rental increases if necessary. Organising the finances of a rental property can be confusing. Property managers ensure that everything is paid on time and that the accounts balance. This can include: Advertising the property Collecting rental income Deciding rent prices Organising the collection and lodgement of bond money Ensuring that council rates and taxes are paid (usually out of the rent money) 2) Look After Your Tenants Property managers are your tenants' go-to person when they need to discuss anything about the property. They’re present from the very beginning when the potential tenants view and apply for the property to be the point of contact if the tenants require anything. Overseeing the tenants often includes: Communicating with the tenants Property managers will enforce lease terms such as pets, tenants, noise issues, rent, etc. Handling the tenants' rent and ensuring it is paid on time Managing any complaints Dealing with any repair or maintenance requests from the tenants 3) Maintain Your Property When it comes to your property, a property manager is tasked with the responsibility of overseeing its physical management. They are there to ensure that the property stays in top condition, is live-able, and remains an attractive option for future renters to ensure that it continues to earn rental income for you. Property managers are in charge of everything from maintenance to repairs to ensure that the property is in rent-ready condition between tenants. Property managers maintain your home by carrying out the following tasks: Arranging for repairs if requested by tenants or noticed during inspections Undertaking regular maintenance such as gutter cleaning, pest proofing, exterior cleaning, and landscaping duties Organising and carrying out regular inspections Tenant turnover included organising the property between inspections, collecting keys, refunding bond deposits, and enforcing move-out dates. Managing a property on your own can be time-consuming and difficult. There are so many things that you need to do to ensure that the property is being managed correctly. When it comes to owning rental and investment properties, having a great property manager on your side is a the best way to ensure that the property is managed successfully and professionally. A property manager will ensure that your property stays in great condition, your tenants are well cared for, and that all the financials are up to date. If you are looking for a great property manager to help you oversee your investment property in Nelson Bay, Tanilba Bay, Tomaree Peninsula & Tilligerry why not give the team at Nelson Bay Real Estate a call 02 4981 2655. We’re experts when it comes to managing properties.
Jul 12, 2021
How To Choose A Real Estate Agent
If you're planning on selling and relocating, you probably have a lot of things on your to-do list. From getting your existing property ready for sale to how much you’re hoping to sell for, there are many important considerations to take into account when you’re selling your home. However, the most important decision you could make is choosing the right real estate agent. The right real estate agent is the key to a smooth sales process, as well as to get the best result for your property. So, how do you choose a real estate agent? 1) Do Your Research Begin your real estate agent search by undertaking some research on possible candidates. Have a look at their online presence. You can look at things such as their website, social media accounts, and any reviews they may have. You can also check whether they are registered with your state's real estate regulating body to ensure they are licensed and do not have any disciplinary actions on record. 2) Find a Local Agent Always try to find a local agent as they are the individuals that are going to know the area best. Ask how long they have worked in the area as an agent with a deep understanding of your property's location could be the difference between a good and bad result. You will want to find an agent that not only has a proven track record of being able to sell but someone with good local knowledge too. They should be able to provide you with in-depth knowledge about transport, schools and zones, the demographics of the area, and the kinds of buyers that are looking for homes in your area. 3) Request References Any good real estate agent will be able to provide you with information on homes that they have sold in the last year or two and details of previous clients that you can contact. Give these people a call and ask about their experience with the real estate agent. Ask if they would consider hiring the agent again in the future. These past clients will be a great source of information about whether or not to hire a real estate agent or keep looking. 4) Attend Some of Their Inspections Once you have researched your possible real estate thoroughly, try attending some of their existing listings. Open home inspections are a great way to see the agent in action and see what they’re capable of. Take the opportunity to see how the agent presents that house and how they interact with potential buyers. Taking the time to thoroughly research and vet a real estate agent ahead of time can save you a lot of grief down the road. Doing your research now will help to ensure that you have a smooth selling process and that your agent can attain the best possible result for you and your home. If you need a reliable and trusted real estate agency in Nelson Bay or Tilligerry to help you sell your home, give us a call 02 4981 2655 and we can discuss how we can assist you. We’re your local agents in Nelson Bay, Tanilba Bay, Tomaree Peninsula & Tilligerry and we are ready to assist you.
May 12, 2021
What Can a Real Estate Agent Do?
Every year in Australia, over 500,000 private properties change hands. If you're moving home, the chances are you could benefit from the services of a real estate agent. Real estate agents help their clients to buy, sell, rent, or lease properties, providing expert advice and support at every stage of the process to ensure that their clients get the best deals they can. Choosing a real estate agent isn't just for signing a contract; your real estate agent can be a huge source of support throughout the moving process, so it's important to choose one with experience and knowledge of the local area that you are purchasing in. Let's take a look at a few ways in which your real estate agent in Nelson Bay can help you to make your property sale or purchase go smoothly and successfully. Offering expert advice and guidance Generally, your real estate agent should be your first source of advice and expertise when buying, selling, or renting a new property. By choosing a real estate agent with extensive knowledge of the local property market, your agent can offer you advice on how to sell, how much a property might sell for, and help you to negotiate the best price with the sellers of a property you're buying. Creating effective marketing for your property sale If you're selling your home, one of the jobs of your estate agent will be to carry out marketing for your property. This could include staging your home for photographs and putting together attractive marketing materials that present your property in the best light, with a viewing to helping you to achieve the highest price possible on your home. Your real estate agent will also make sure your property is listed on all the biggest property sales websites, increasing visibility and making a quick sale more likely. Taking the hassle out of leasing your property For landlords, real estate agents are a game-changer. Your real estate agent can take on all the work of leasing your property for you, preparing it for rent, negotiating rental fees, and liaising with tenants once the property is occupied. If you have a property to rent out but don't want your property management to become like another full-time job, finding a great real estate agent should be your number one priority. Making finding a new property simple Finally, real estate agents are here to help buyers, too. If you tell a real estate agent what you're looking for, they will likely have properties for you to view. Not only will the real estate agent be able to help you to source potential properties, but they can also help you to put together an offer to get the process started. Get in touch with us If you're looking for a professional real estate agent in Nelson Bay, Tanilba Bay, Tomaree Peninsula & Tilligerry who can help you to get the best possible price for your sale, or to make renting and leasing property simple, contact us today at Nelson Bay Real Estate. We are available to assist you in the region with our professional and local knowledge.
Apr 13, 2021
How to Get Started Investing in Commercial Property
If you've been thinking about investing in commercial property, there can be lucrative opportunities in Nelson Bay. Investing in commercial real estate can bring a number of benefits for investors, including greater potential returns and professional tenants. Investing in commercial property can be as hands-off or involved as you like and at Nelson Bay Real Estate, we have been selling commercial property investments for decades. If you want to get started investing in commercial real estate in Nelson Bay, here are our top tips. Do your research With any investment or business venture, it's important that you do the correct research to make sure there is definite demand and enough earning potential. You can have the best property in the world, but if no one ever drives past, you might struggle to get tenants. Take a look at a few different areas, different types of businesses and properties and find a strategy that matches your targets as far as possible. Look at the demographics of the area and what facilities or services are lacking. Stay organised There are a lot of different factors to consider when you invest in commercial real estate, so it's vital that you stay organised. Keep all of your legal documents, building reports and investment information safe and secure, so you can easily find what you are looking for. You also need to make sure your accounts are in order and your tax returns are completed on time. Make sure your property portfolio is well organised, managed and maintained throughout the whole process so when it comes time to sell, the process is as simple as possible. Plan for the unexpected There has been a lot of uncertainty over the last year, and it's highlighted just how quickly circumstances can change for investors. It's important that you plan ahead and properly assess the risks and rewards of all your options. Look for potential new opportunities, like warehouse spaces for online businesses. To successfully invest in commercial real estate, it's important that you stay ahead of the crowd and are well aware of business, commercial and residential trends. Find a real estate agent you can trust If you're looking to invest in commercial property, it's essential that you have an experienced local estate agent, like Nelson Bay Real Estate on your side. If you build a good relationship with your estate agent, you can be the first to know about new investment opportunities or properties that offer potential. Make sure they are aware of your specific interests and which properties you are looking for so they can give you a heads up about new commercial investment properties. Call us today At Nelson Bay Real Estate, we have been selling commercial real estate in Nelson Bay for over 40 years. To discuss your needs and our potential properties available call us today on 02 4981 2655.
Mar 12, 2021
How to Buy Property for Sale in Nelson Bay
We love Nelson Bay, and we’ve been helping people find their perfect home for decades in the region. Our offices are in the heart of the community and we have a great team of people who are seasoned locals that are passionate about helping you find your ideal home. From the first flurry of viewings to the final moments of getting the keys to your new home. We have years of experience in the industry in the region and take pride in assisting you with purchasing the perfect property. We also know that the entire process can be very stressful, especially in the current market, so we’ve put together a step by step guide on how to buy a property for sale in Nelson Bay, so you know what to expect and when to expect it. 5 Steps to Buying a Property for Sale in Nelson Bay 1. Organise your finances Unless you’re lucky enough to be a cash buyer, chances are you’ll need to borrow some money to finance your big move. Get in touch with a bank or lending institute to see how much you can borrow. Spend time looking at your budget too, so you know you can make the repayments. 2. The house hunt begins This can be one of the most exciting parts, but it’s worth doing a good amount of homework before you make an offer. Draw up a wish list that includes basics like how many bedrooms and bathrooms, as well as nice-to-haves like a pool or second living area. You’ll have to compromise on some aspects, but thinking about what’s really important will make tricky decisions easier down the line. Once you’ve come up with some ideas, it’s time to find out what’s out there and our recent listings and other similar pages are a great place to start. We’ll help you organise all the necessary inspections too, including open homes and private inspections so that you are confident before submitting an offer. 3. Submit your offer All that research has paid off, and it’s time to put in your offer. Your solicitor or conveyancer will look over the proposed contract and once they’re happy all is in order, you can formally make your offer. There may be other offers made, and this can be one of the most stressful points of buying a new home. If things don’t go your way, we’ll do our best to find you something you love just as much as soon as possible. Often our clients find they discover a home after that’s even more ideal than the one that got away. 4. Legalities This is the formal part of the process, where documents are exchanged, and your home becomes legally yours. A solicitor or conveyancer will support you with this process. You should ensure they are licensed with NSW Fair Trading, and that they hold professional indemnity insurance. 5. Exchange of contracts It can take around 6 weeks for everything to be finalised and most of the work will be done by your conveyancer or solicitor. They’ll organise the transfer of funds and changing the property itself to your name. So there you have our simple step-by-step guide on how to buy property for sale in Nelson Bay. Choosing a great agency with lots of local knowledge, years of experience and a love of helping buyers find their dream home is a great place to start, and our team is available to you 7 days a week. Get in touch You can visit Nelson Bay Real Estate on our office on Donald St in Nelson Bay or give us a call on 02 4981 2655 today. Or you can fill out our contact form to arrange an appointment in Nelson Bay, Tanilba Bay, Tomaree Peninsula & Tilligerry and we will be in touch as soon as possible.