[CoastalHolidayRentalsParticipant@coastalholidayrentalsJoin Date: 2011Post Count: 8]

April 15, 2011 - 8:09 am

I use Price Finder… 1/2 the price aon a month to month contract, and there service is fantastic.

[CoastalHolidayRentalsParticipant@coastalholidayrentalsJoin Date: 2011Post Count: 8]

April 15, 2011 - 8:08 am

I think now is a great time to buy!

[CoastalHolidayRentalsParticipant@coastalholidayrentalsJoin Date: 2011Post Count: 8]

April 15, 2011 - 8:06 am

cuteyoungchic wrote:

I'd consider circumstances re the sale, like how long has the place been on the market (are the owners likely to becoming impatient), is it worth $400,000/+400,000 (compared to other nearby similar properties), why is it for sale (is it urgent?)?
I've always offered well below an advertised price, and the most I've ever paid is $12,000 less than the advertised price.   I've never been knocked back yet, although had to negotiate a couple of times.

I agree- Depends on the property and owners circumstances.

The most recent property I purchased was advertised originally at "Offers over $650,000" 4 months later I secured the deal at $595,000 even though the last advertised price was "Offers over $630,000"

The Agent has a duty to present all written offers, I would put your offer in writing and ask that they counter sign.

[CoastalHolidayRentalsParticipant@coastalholidayrentalsJoin Date: 2011Post Count: 8]

April 15, 2011 - 8:01 am

There is a system called RPdata.. however you need to be an agent to access the info

[CoastalHolidayRentalsParticipant@coastalholidayrentalsJoin Date: 2011Post Count: 8]

April 7, 2011 - 8:32 am

I have received these fax's many times

[CoastalHolidayRentalsParticipant@coastalholidayrentalsJoin Date: 2011Post Count: 8]

April 7, 2011 - 8:30 am

I have used AAMI in the past for my rental properties and always been very happy with their services

[CoastalHolidayRentalsParticipant@coastalholidayrentalsJoin Date: 2011Post Count: 8]

April 7, 2011 - 8:10 am

"expect to 'lose' 50% to management, cleaning, linen & outgoings. Still sounding attractive?" – Not via all agencies.. however yes most onsite managers do charge excessively.

Where about's is the property situated? This can make a difference.

Regarding the fees and charges that they can bill an owner.. unfortunately this is not regulated. The only rule that must be followed is they are not allowed to charge anymore than the maximum REIQ rate of 12%.

Some agencies do not charge the maximum.

Contract periods vary, depends which agreement you are entering into.. is this a standard holiday let or are you talking about a lease back situation with an accommodation provider?

Every onsite manager/agency will charge different rates for cleaning, linen hire, etc and it is important to shop around. Many people don’t realise that they do NOT have to let the property with the onsite manager. They can use an outside agency if they wish to do so.

[CoastalHolidayRentalsParticipant@coastalholidayrentalsJoin Date: 2011Post Count: 8]

April 7, 2011 - 8:02 am

Why don't you check out the rental section of http://www.realestate.com.au and see what's renting in that area and the prices advertised? Maybe call a few local agencies and ask them the questions you would like to know.

You can also try price finder, they have a section of the website that lists all the info your after… however it does require a fee.