Intrigue replied to the topic *Help needed ASAP* Deposit left as “Expression of Interest” on a property in the forum Help Needed! 8 years, 10 months ago
When did hubby sign this document. Would certainly help if we knew what it was.
My understand is that unless a cooling off period was waved (unlikely) then you can terminate the contract within a set timeframe (QLD 5 days). The agent/seller can claim a .25% penalty fee but rarely do so. (to my understanding)
My understanding is that off the plan sales are much more difficult for the agent than established property, also it is my understanding that often an agent would not be paid until settlement of the property i.e. 12 months from the time of sale as opposed to 30days on existing property. These two factors would often suggest a higher commission…[Read more]
Hee Hee Hee I am the master of Analysis Paralysis! and (yes) I dont have any IP's. I dont really have any money though so…
I read this thread with interest and being the analyst I am, I thought I'd throw in a differing perspective for debate (yep I can talk myself round in circles for a very long time, about anything, sometimes which is the…[Read more]
Hi Jude, Have you thought about who will be producing your marketing material for you? Is there someone who will be coordinating the sales strategy. Often the name will come from these people and the process of determining your target market and unique selling benefits.
What word or words summarize your offering and are also appealing? When…[Read more]
Hello all and thank you for your comments.
Sadly I don't know how to do the quoting thing. Xdrew I understand what you say with respect to the AUD being a safe haven. You mention 'it remains at an abnormal high'. Are you saying you dont expect the AUD to drop anytime soon or rather it is abnormal and thus should return to normal?
Freckle thank…[Read more]
Hmm thank you gentlemen, much of what I expected although I must say Richard your comment post vendor finance is one that requires great consideration.. thanks.Sadly there is no 'stock' to speak of rather facilities. The last valuation that occured that I am aware of was in 2006 (when the business was running well and the property market was…[Read more]
Strange isnt it.I thought in QLD there was a multiple buyer process. I.e. if there are two people interested in a property then each is offered the opportunity to submit their best offer.. highest price and or best condition wins.I would have thought that as an agent if someone offers $255k but I know someone who has already submitted and offer of…[Read more]
Thanks Colin for your comments. I have to say that I agree that it would be better for my case to be able to speak directly with the sellers. Sometimes I think I understand more about the market and the sellers needs than the often newby agent.I would really like to do this but as Jamie suggested agents are not keen and I believe that often…[Read more]
Thanks Catalyst, you could be right they may think I am a tyrekicker who knows.I only own two properties so far as I am new to the IP journey and yes agents do know this. I believe that many think I have a good understanding of the property market in this area. They know that I am pre-approved for finance and will act quick but they also know that…[Read more]
Thanks for your comments all,ksherwell, I didnt drop my offer I kept it at $260k and I was certainly not playing games (sorry that was a typo.. dou). I wanted the home and to me and my situation the price was to be $260k. I offered to do a contract or written offer (site unseen on the spot)but the agent said no she wanted me to inspect first and…[Read more]
Thank you I think you must be right.. I always seem to lay my cards out too early. Owe and yer I always give the agent detailed feedback..douJust a bit tricky cause most of these homes have been on market for 6 – 12 months so not quite the standard cycle at present. That said as prices have come back so far there is more interest entering the…[Read more]
Thanks Portfolio I was offering unconditional 30 day.JacM I dont think that price is so much the problem as timing, after all they ended up selling for less than I was willing to pay.I really feel that the problem is in my management or communcation with the agents. After all it is they who know when the seller is starting to feel pain or starting…[Read more]
Intrigue replied to the topic Banks went broke during the GFC, will whole countries be next? in the forum Opinionated! 10 years, 3 months ago
No money in the ATM.. wowThat concept alone would bring the world to a standstill. Is this true.. I suddenly want to stuff my matress
Thanks Richard. I just want to be sure they are working it out correctly and not making mistakes that are costly to me… too often their mistakes cost me (or their customers) money.I am with NAB by the way.
Sorry forgot to attach linkhttp://www.budget.qld.gov.au/current-budget/tax-reform/index.shtml
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