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Inner Western Courier Thursday Not Used Anymore : August 13 2008
INNER-WEST WEEKLY, Thursday, August 14, 2008 39 THIS WEEK'S TOP 10 SALES Market results as reported to myRPData.com. Copyright RP Data 2008. Phone: 1300 734318 SPOTLIGHT ON YOUR SUBURB Price Address Suburb Property Agent $2,295,000 22 Woodward Ave STRATHFIELD 5-bedroom house Georges Ellis & Co Real Estate $1,900,000 27 Noble St RODD POINT 5-bedroom house Cobden & Hayson $935,000 29 St Davids Rd HABERFIELD 3-bedroom house McGrath Estate Agents $841,000 74 Nirranda St CONCORD WEST 4-bedroom house Dean Kalos Real Estate $817,500 8 Macnamara Ave CONCORD 2-bedroom house Dean Kalos Real Estate $800,000 17 Hedges Ave STRATHFIELD 4-bedroom house Raine & Horne Strathfield $776,000 77 Stanley St BURWOOD land Raine & Horne Burwood $760,000 40 Currawang St CONCORD WEST 3-bedroom house Raine & Horne Concord $755,000 28 Currawang St CONCORD WEST 3-bedroom house Dean Kalos Real Estate $715,000 3 Vine St ASHFIELD 4-bedroom house Just Real Estate Sydney Burwood ENFIELD AUCTION RESULTS (last 12 months) Number auctioned: 22 Number sold: 12 Total value sold: $8,400,500 MEDIAN HOUSE PRICES To August 2007: $630,500 To August 2008: $742,000 Change: 17.68% TOP FIVE PRICES 2 Liverpool Rd, Enfield $1,725,000 2/38 Baker St, Enfield $1,042,000 55 Beaumaris St, Enfield $850,000 31 Heydon St, Enfield $817,000 11 Beaumaris St, Enfield $790,000 state of the market Digging up the truth ADAM ZUCHETTI property writer Gil Davis of St Ives is a former real estate agent and he has written a book on selling property. YOU'VE decided to sell your house, but the old saying ''do your homework'' isn't proving very fruitful. The information you come across is vague, overly basic or missing altogether. Where do you turn? Former real estate agent Gil Davis was approached to produce a book on the subject of selling property to fill this void of information. Mr Davis said he hoped the book, called Sell for More, would help educate vendors on the strategies agents employed to sell property. Originally from Melbourne and the son of an architect and estate agent, he operated his own real estate agency in Artarmon, on Sydney's lower north shore for around 20 years, before selling up in 2006 to fulfil his dream of studying for a PhD in archaeology. ''I had two very clear motivations for writing the book. One was to try to inform the public, so they have the basis of information on the whole process of selling a home,'' he said. ''I wanted to produce independent infor- mation that puts consumers on the same basis as the estate agent. ''The second is very dear to my heart. I'm sick of the way estate agents are perceived -- negatively . . . There's a lot of very good agents out there who suffer under the bad rap from a few bad ones.'' According to Mr Davis, real estate was different from other sales industries, given every transaction was different. ''Every property, street and suburb is different. It's not like a production line of cars. Vendors and buyers are also unique, so to be a good agent, it takes something beyond normal selling conditions.'' Mr Davis said real estate agents were often held responsible for things out of their control. As such, vendors should be aware of and prepared for what happens once contracts are exchanged, such as legal and financial issues. He said a difficult market was not an impossible market -- but vendors should be even more acutely aware of the entire presentation and marketing process, as outlined in the book, to have their best chance of a successful sale. ''The one crucial thing is getting the pricing right at the start.'' While everyone has heard a bad estate agent story, Mr Davis suggested the same could be said of vendors. ''The most troublesome for me was where the vendor wasn't prepared to be honest with me. The sale is a partnership, where the agent literally represents the vendor.'' Sell for More is published by HarperCollins. It retails for $19.99 (RRP) later this month. The inner-West Weekly has nine copies to give away. Simply send your name, address and contact telephone number to: realestatepromo@cumberland newspapers.com.au (LTPM/08/00156).
July 30 2008
August 20 2008