As interest rates remain at record lows and the property market starts to cool, buyers, sellers and spectators are all finding themselves bombarded by information overload. As the playing field levels out, buyers and sellers need to adjust their expectations and learn how to adapt to changing consumer habits. [...]
Greville Pabst, executive chairman of WBP Property Group and judge on TV show The Block, says it's important to know your demographic and what is now expected as standard in most properties."So often the floor plan doesn't work, it's not functional and that really impacts whether the property is going [...]
Greville Pabst says research is the key to avoiding overcapitalisation. “Look at the market you’re in, the median house price and what renovated places are selling for. Ask ‘am I going to get this money back?’ There are plenty of examples of people doing massive renovations in outer suburbs [...]
Buyers’ advocate Greville Pabst, of WBP Property Group, described it as a one-off trophy home, which would have been very costly to build. “The dwelling is like a MONA or a Guggenheim – unconventional,” Mr Pabst said. Read the original article here.
WBP Property Group is now valuing settling apartments "as much as 10 to 15 per cent" below the contract price, but that marks a return to fair value for units inflated by commissions developers paid partners including mortgage brokers, financial planners and overseas students to sell them in the [...]
Contemplating selling your house or apartment this spring? Before doing so it’s wise to undertake a thorough inspection to determine maintenance, or even renovations, required to present your property in the very best light. When deciding which tasks to tackle, base your decision upon those improvements that lend the greatest [...]
A vendor’s advocate or adviser is a qualified property professional who represents you (the seller) during the process of selling a property. Vendor’s advocates assist the seller in the initial stages of selecting a selling agent and setting a reserve or sale price, and oversee the sale campaign through [...]