Categories for Blog

MARKET UPDATE April 2016

April 20, 2016

The market remains tight. (Listing numbers and Sales volumes). To highlight that: In the first quarter 2015 in Applecross there were 46 sales. So far this year in 2016 the number is 35 (down 25%). Mount Pleasant first quarter 2015 33 sales, so far in 2016 only 20 (down about 40%). Average days on market in Applecross is now a staggering 291 for the unsold...

Only Clean Business

January 25, 2016

I met with an owner recently, and he asked me to appraise his home with the view to possibly selling in the future. I said sure. I asked when the current listing with the current agent expired, as it had been on the internet for about the last 2 years. The owner looked at me puzzled, and said that the listing ran out 6 months...

Symptoms that a property is overpriced

January 10, 2016

I have often over the past decade espoused what I call “cause and affect” factors in the sale and marketing of property. In other words, selling a property, while of course it is personal and unique, basically it is predictable. The same things needs to be done, in a relatively similar sequence and certain barometers or indicators help us read or determine the effectiveness of...

Presentation pays

January 5, 2016

How much does a well presented home add value to a particular property?- Indeed, that is a great question. I think it is fair to say that a well presented, immaculately well maintained, stylish home, furnished to match, can sell 10-20% more than the same home with marks all over the walls, dirty carpets, neglected gardens and outdated furnishings. What it really means is that...