Harvey Carr Realty - Selling In Today's Market

Are you thinking about real estate, but thinking twice about the marketplace?

There’s no doubt that confidence in real estate has been hit in light of the current worldwide financial problems. Recent interest rates and reduced consumer confidence has resulted in lower house prices in all Australian capital cities1. A great deal of uncertainty still exists about how residential property values will be affected.

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It’s not all doom and gloom.

Despite lower house prices across the country, Sydney median house prices dropped only 0.3%. According to Comm-Sec’s chief equities economist, Craig James2:

 

“We do get volatility in house prices from quarter to quarter, [however, what is] probably more important though is to stand back and look at the big picture. Over the past year, Australian house prices have grown by 8.2 per cent. That's bang in line with the 20 year average, and that suggests to us that house prices over the past year have been very much in Goldilocks' territory. Not too hot, not too cold, in fact, just about right.”

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Where to from here?

The Australian Property Monitors have suggested that “a downward bias is likely of the magnitude of 10 per cent across the board…[this] will probably continue for the next six to twelve months3.”

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Be aware, not alarmed.

So, while there are valid reasons to be aware of what’s currently happening in the marketplace, potential buyers and sellers should not be alarmed at the thought of entering the real estate market.

However, in times of uncertainty, it is most important to be in the hands of an experienced, proven and cost effective real estate agency.

Did you know that despite uncertainty in the marketplace, traditional real estate agencies continue to disadvantage selling home owners with inconsistent percentage based commissions?

Under this system, two home owners (selling with the same real estate agent) with identically priced houses could be paying vastly different amounts to sell their properties – despite receiving an identical “guarantee of service!”

The fact that traditional real estate agencies negotiate different percentage based commissions with their clients - who all receive an identical level of service - greatly disadvantages home owners at a time when financial savings and consumer confidence are critical.

In times of uncertainty where every dollar counts, this inconsistency is irresponsible.

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The Harvey Carr Realty Difference.

To eliminate this inconsistency, Harvey Carr Realty offers all of its clients one maximum flat fee for the sale of residential property. All of our clients can have confidence that they are paying for an identical level of service.

Since launching in 2006, Harvey Carr’s unique flat fee approach has saved Blue Mountains residents hundreds of thousands in selling fees when compared to percentage based commissions used by traditional real estate agencies4. These passed on savings have enabled many Mountains residents to enjoy a better quality of life in uncertain economic conditions, where every dollar counts.

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A proven approach.

Since 2006, Harvey Carr Realty’s experience, service and flat fee approach have proven their effectiveness; consistently delivering results for the Blue Mountains community in good and bad market conditions.

This proven approach has achieved extensive award recognition and is repeatedly endorsed by many happy Blue Mountains residents who have sold and saved thousands.

Now more than ever, it’s vital to be in the hands of an experienced, proven and cost effective real estate agency. Call Collin Harvey or Tony Carr on (02) 4751 5554 to discuss a responsible strategy for your property.

Discover for yourself why the Blue Mountains is sold on Harvey Carr Realty, download the Harvey Carr Realty report on selling in the current market.

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References
  1. Uren, D. (2008, August 5). House prices driven down. The Australian, p. 2.
  2. Caldwell, A. (2008, August 4). Average housing prices fall 0.3pc [Transcript]. Australia, Australian Broadcasting Corporation.
  3. Hoy, G. (2008). House price uncertainty for Australians. ABC 7.30 Report. Retrieved October, 2008, from http://www.abc.net.au/7.30/content/2008/s2398580.htm
  4. Based on an industry standard 3.3% commission.

 
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