Posts Tagged ‘Real Estate Ipswich’

STARTING OUT AS A NEW REAL ESTATE AGENT

This week for Think Tank, we sat down the husband and wife duo, Blake and Jayde Price. Both Jayde and Blake are relatively new to the real estate industry and have been making waves ever since they set foot in the iThink office. If you are thinking of becoming an agent or you are also a newbie, you can go watch the episode here. If you want to know their top tips to getting started, keep reading below. Q: How long have you been in the real estate industry? Jayde – I have been in the real estate industry for coming up to 12 months, but only 6 of those have been with iThink Property. Blake – I have been in the real estate industry for 3 weeks. So I… Read More »

PREPARING FOR SPRING SELLING SEASON

Spring, it’s that most wonderful time of the year. The mercury is slowly rising, flowers are out in bloom, jumpers and jackets are stored away and the positive vibes of a new season put a spring in everyone’s step. Whilst, any time of the year is ideal to sell depending on your circumstances, a lot of people think spring, in particular, is the perfect time of year to put up that For Sale sign. There are numerous reasons this season hits the psyche and that includes, gardens and yards are at their best, warmer temperatures brings more people to the open homes and generally there’s a renewed energy of possibility in the air. For agents preparing for an onslaught of listings in spring starts months earlier, the prospecting, the marketing,… Read More »

RENT ROLLS – HOW TO BUILD A RENT ROLL

Starting a rent roll, how hard could it be? Just because it might not be easy doesn’t mean you shouldn’t start one. A rent roll is typically the rental division of a real estate agency, which deals with collecting rent and managing landlord’s investment properties. In return for these services, a real estate agency collects a commission and other administrative fees from the weekly rent the tenants pay. Why would you want to start a rent roll you might ask? I asked myself the very same question when posed with the choice of commencing one over a decade ago. I won’t lie it has delivered some very high and very low moments, but once we overcame the initial hurdles like what the hell we were doing, we really haven’t looked… Read More »

HOW TO COLD CALL CONFIDENTLY

It is something every new real estate agent or business development manager dreads, cold calling. Surely with all the new ways to communicate, we don’t need to actually speak with anyone anymore, do we? Ah Yes, you do! I can personally vouch for the importance of picking up the phone and calling people as opposed to hiding behind emails, Facebook, or Insta DM’s. The reason, it is so much harder to say “No” to someone in person than it is in an email or other message form. It is also more personal, you’ve had to make more of an effort which translates to, you are more desperate for the business, and you can really gauge off a person by actually talking to them and start building that all-important trust.  For… Read More »

SHOULD YOU SELL WITH AUCTION?

THE PROS AND CONS OF SELLING USING THE AUCTION PROCESS There is so much fear and confusion around Auctioning properties from buyers and sellers. This is despite the popularity of a number of TV shows that showcase auctions regularly. In layman’s terms Auction, just like Private Treaty, is a process to sell a property. The major difference to private treaty on the surface is that there is no price placed on the property, instead, the price is determined by the process of bidding for the property and ultimately decided upon by the highest bidder. If it wasn’t for being introduced and trained on the Auction process, iThink Property Principal Ben Walker would have ended his real estate career very abruptly. “I nearly walked away from real estate, until I was… Read More »

MARKETING AND PROSPECTING TIPS AND TRICKS

In real estate, two types of marketing contribute to the sale of a property. These are property marketing and agent marketing. As an agent, it is important to ensure you are using a combination of both to ensure you are reaching your intended target audience. Here is a run-down of the importance of each of these types of marketing, some useful tools to get you started, and how to implement a prospecting plan to target more business. PROPERTY MARKETING (VENDOR PAID ADVERTISING – VPA) Let’s start with the obvious when a property is listed for sale it needs to be published to be seen by prospective buyers. It is important to stress how vital property marketing is to your vendors when first meeting with them. At iThink Property, we have… Read More »

2020 COLOUR OF THE YEAR TRENDS

Are you one to follow the pack or do you just like having your interiors up to date? If so, here is your guide to picking a colour to plaster all over your walls this year.  PANTONE COLOUR OF THE YEAR  CLASSIC BLUE  Think blue jeans, blueberries and the sky at dusk. This colour will truly make an impact in your home with its bold presence. Although this shade of blue can make such a statement, it also brings about calmness and reassurance to the space. Because it is such a classic colour, we do not have to worry about it going out of style any time soon.  DULUX PREDICTIONS  Grounded This colour palette is uncomplicated and simplistic, it is really just a 2020 take on neutrals. Try warm tones… Read More »

ADVICE TO FIRST HOME BUYERS

As of January 1st, 2020 singles earning less than $125,000 and couples earning less than $200,000 will only require a 5% minimum deposit. This will vary from region to region and is administered by the National Housing Finance and Investment Corporation (NHFIC). If you are a lower-income earner looking to enter the property market, now could be your chance, so you will want to get in quick. However, there are a couple of terms and conditions that you need to be aware of, so keep reading for the full lowdown. What is this new First Home Loan Deposit Scheme? This scheme has been implemented in order to allow easier and faster access to the property market for lower-income earners. This scheme will allow the first home buyers to pay a… Read More »

THE ITHINK FOUR WEEK AUCTION PROCESS

It is Auction week here at iThink and we are looking forward to another successful event under the stars. Over the last few months we have sold x properties through the auction method and We strongly believe in the auction process; it brings all potential buyers out of the woodwork and generally results in a quicker, less complicated sales process. THE PROS OF AUCTION They are held at a certain time and a certain place They create competition They create urgency There are set terms There are three opportunities to sell your property: The first is prior to the auction, provided you are presented with a favourable offer. Secondly, under the hammer and finally, you have the opportunity to sell your property post auction.  OUR 4 WEEK PROCESS Prior to… Read More »

SHOULD YOU USE A BUDGET AGENCY?

Why Cheap isn’t alway’s Cheerful when Selling your Home or in Property Management Yes, the point of having a property whether you live in it or whether it is an investment is to make money, and whether your strategy is long term or short term, make no mistakes you need to have your figures worked out. When it comes to your biggest asset, is it really is time to be skimping on costs and penny-pinching? Like every other industry when it comes to real estate you really do get what you pay for. Let’s take the recent example of a so-called disrupter to the real estate sales industry, who have recently left the market with their tail between their legs. They came into the market offering low commissions and no… Read More »

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