Trade Secrets Revealed

Every purchasing situation is different and everyone involved in the purchase has an interest. That is why a tailored purchasing strategy is so important. When I am buying a property for a client, I believe there are 5 essential ingredients to a successful purchasing strategy.   My recipe for success is set out below: Lauren …

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Spring Market – Conflicting Indicators

Leading into September, commentators consistently talked up the real estate market. We all know about the election results, the rate cuts – with more expected, and the loosening of APRA’s mortgage serviceability conditions. Surprisingly, this has not resulted in a strong spring market as we have seen considerably lower property listings in August and September. …

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The Downsizer Effect

What is a downsizer? The dictionary definition of a downsizer is: “a person who moves to a smaller property, typically after he or she retires” At Rose and Jones we see this group of people as having an important impact on property prices, particularly in the Eastern Suburbs of Sydney. Looking at census data we …

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Ahead of the Pack

What do the recent changes in the market mean for you and how can you take advantage of these changes?   It’s the perfect time to get ahead of the pack and avoid paying a premium in 6-12 months time.   Economic Events With the Liberal Party winning the Federal election on May 18th, 2019, there …

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Sydney: A City of Villages

“Sydney house prices plummet 15%” “House prices dropping and there’s no end in sight”   More realistic media headlines would insert the words ‘in some suburbs’ but that doesn’t grab the reader’s attention to the same degree! The fact is that we are experiencing a changing market. Prices have fallen in some areas and continue to …

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What is the Difference Between a Gross Lease and a Net Lease?

Gross Lease A gross lease includes rent as an amount that does not incur extra charges. Included in the rate (rent) a Landlord typically includes building expenses better known as Outgoings. These costs include such things as land tax, council rates, water rates, insurance, management fees, strata levies, repairs and repairs and maintenance. It is …

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To Fee or Not to Fee? That is the Question

As most of Australia is duly aware the financial sector is in the midst of a drawn out, yet necessary, shake up with mortgage brokers facing the brunt of suggested changes. Regulators have shared their scepticism around lender-paid broker remuneration, doubting if the industry can act in the best interest of their customers whilst operating …

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Why Engaging an Experienced Buyers Agent is a Value Proposition

The most frequent questions a Buyer’s Agent (BA) is asked is “Why Do I Need a Buyer’s Agent?”  and “How does a Buyer’s Agent add value to my Property Acquisition?” Whether you are a first-time home buyer or a seasoned property investor, the answer is the same. A buyer wants: Access to 100% of properties …

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History Repeating

The word is about, there’s something evolving, Whatever may come, the world keeps revolving… They say the next big thing is here, That the revolution’s near, But to me it seems quite clear That’s it’s all just a little bit of history repeating. The newspapers shout a new style is growing, But it don’t know …

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First Time Renting?

Renting can be daunting the first time, even for home owners of 20 years looking to re-enter the rental market. You could be competing with dozens of people looking to find a home for the long or short term so here are tips every first-time renter can use to find their next home with confidence. …

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Buyers Agent MythBusters

If you are familiar with the television program MythBusters, you know their goal is to put to test myths and urban legends that have been going around for donkey’s years and prove whether they are right or just that – a myth. Well here at Rose & Jones, we aim to provide insight into what …

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Leasing Lingo for Commercial Real Estate

Commercial real estate can sometimes seem overwhelming with the various terms that are used. Brush up on your leasing lingo with terms, phrases or words you may come across in your commercial real estate dealings. Amenities A feature that provides comfort, convenience, or value to a property. Arrears Overdue payments on a rental agreement where …

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Looking Through the Mist

After a booming 4 years of property sales and property price growth across the Sydney market, clearance rates consistently above 80% and seemingly unrestrained lending, as the middle of March 2018 approaches and clearance rates (as reported) are hovering around 66%, if you believed what you read, we are heading for market crash. Firstly, a few …

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Year in Review 2017

2017 has been a big year for Rose & Jones. We have expanded in a number of ways, including welcoming new staff to the team as well as broaden our reach to Victoria & Queensland. To those of you who have been following Rose & Jones for some time, we re-branded at the end of 2016 and began our next …

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Certainty in an Uncertain Time

Certainty in an Uncertain Time The last three years in the Sydney housing market have provided vendors with perfect storm like conditions. Money has been cheap and banks have been providing record breaking competitive lending. This coupled with stock shortages and a rapidly increasing population in major cities has lead to a property BOOM in Sydney. There has …

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Top 5 Tips to Successfully Lease Your Property

Rose & Jones Senior Leasing Manager, James Maxwell, highlights 5 key points to achieve a seamless leasing transaction. The Leasing Agent Shows proven ability & passion Provides relevant timely info to Landlords & tenants Negotiates, not just facilitates Has exceptional communication skills Closes deals with tenacity A Property Face Lift Apply a fresh coat of …

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Plan for Success: Tips for Taking the Stress Out of the Search Journey

Searching for and securing a property can prove to be a very time consuming and stressful experience, as well as a potentially costly one. In this regard, the old adage “fail to plan and you plan to fail” is particularly applicable to the property search and buying process. Fundamental to any successful property search, is …

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Who is Responsible? Fair Wear & Tear vs Damage

It is an age old issue when it comes to a tenant vacating, and this is the debate over fair wear and tear vs damage. More often than not the owner and the tenant never agree as the owners sees it as damage and the tenant believes it to be wear and tear. When it …

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Are You a Property Expert?

Real Estate. It is an excellent topic for any social engagement. Everyone is interested in it. They either want in, want out, want nothing to do with it or (in most cases) fancy themselves as a bit of an expert at it. Real estate is one of the only industries that no matter what the …

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Landlords – Air BnB (What You Need to Know)

With the rapid expansion of AirBnb and other such online letting services, landlords need to ensure they have the right asset manager keeping an eye on their premises. In today’s rental market (especially in high demand and high rent areas) it is apparent that many tenants are listing the property they are renting on AirBnb. …

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Nuts to Normal – Part 2

The ground under the recent price boom has started to shift, though. Some noticeable changes have taken place in the last 6 weeks: • Interest rates to investors have gone up • Lending criteria has changed including equity and serviceability requirements and this has started to take the heat out of prices • Lower clearance rates have …

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Bubble Mania: Fact or Fiction – Part 1

Are we watching a bubble deflate, or could it simply be an over heated market normalising. Debunking the ‘bubble will burst’ theory. We all remember the balloon deflation and inflation experiment without bursting the balloon, right? For those who don’t, the balloon represents the property market, the air is interest rates and lending criteria coupled with consumer …

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Get Ahead of the Pack

We are now well and truly into March, the holiday season is behind us and 2017 is in full swing. Vendors are ready to sell and more stock is coming on the market. What you may not know however is that there are far more sales occurring “off market” than there is on market. As …

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To Buy or Not to Buy? That is the Question

Record prices continue to be recorded for properties throughout the Sydney Region, with over 100 suburbs in Sydney recording double digit (Median) price increases over the past 12 months (Australian Property Monitors). A range of factors are at play that are continue to place upward pressure on housing prices for the foreseeable future: The current lack of …

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Downsizing in Sydney, No Easy Task

There are numerous reasons as to why both current residents, and those living elsewhere, are drawn to the Eastern Suburbs of Sydney and its surrounds. The combination of lifestyle options provided by the world famous harbour and pristine beaches coupled with efficient proximity to an international CBD, which is thriving off the back of world …

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Is off market the new on market?

Recent months have seen increased activity amongst off market property sales. This presents both an opportunity and a challenge for buyers, in that buying off-market offers significant benefits – but sourcing the cream of the off-market crop requires an intimate connection to the local market and its participants. Off-market listings represent a significant portion of …

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A Personal undertaking, 18 years in the making.

As we approach the milestone that is our third decade, we are excited to announce a significant change at Rose & Jones. Over the last year, we have worked to re-imagine our established and trusted brand – and to develop an enhanced service offering that supports this commitment. Since its inception, Rose & Jones’ personal …

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