Talk about gold-plating a turd...
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Barbara Dyer | September 16th, 2010
IF confidence in a market is enough to keep it buoyant, then the Gold Coast outlook is as sparkling as champagne.
Real estate agents are positive; researchers are putting a Gold Coast lining on the global cloud; banks are coming to the party keeping interest rates on hold and non-bank lenders are falling over themselves to offer cheaper products which appeal to the first-home buyers who may have missed the bonus boat.
And while sellers in a shy market beg: 'show me the money', the solution and a sale is in their hands.
Take the advice from the experts: meet the market.
Just as in times of fat when sellers were happy to boost their asking price and values by thousands a week a situation which saw prices double in the years from 2000 to 2004 sellers now need to recognise that bandwagon has passed them by.
If they are genuine about selling in today's market, they need to meet that market.
While the sum attainable a mere three years ago now may be just a dream, only a minority of vendors will need to sell their property for less than they paid.

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