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Zaph's real estate adventures Rate Topic: -----

#41 User is offline   zaph 

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Posted 30 March 2012 - 09:37 PM

View Postzaph, on 25 February 2012 - 09:23 PM, said:

This week dropped to 419k+. (the 460k one)


This one sold about a week after it's price reduction. waiting on onthehouse to update price.

of the six properties that have been on the market this year in the few streets around me that I've been tracking:
1.first 460k, then 419k+. sold. waiting on sales data
2.429k. main road.asking price about right if it wasn't on a main rd. on market for a month or so, then sold. waiting on onthehouse to update price.
3.419k. main road.asking price about right if it wasn't on a main rd. on market for a couple of months, then taken off market.
4.first 460k. reduced to 430k after a few months. been on the market since ~ October. still hoping.
5. first 579k reduced to 549k after a month. latest asking about right. left on market for a couple of months. now taken off market and up for rent, 650pw.
6.550k. overpriced by about 50k. sat on market for a couple of months. now taken off. from the pics and inspection by appointment, i suspect this has had a tenant the whole time

when i talk of over/under pricing I'm referring to comparable asking prices, not sold prices.
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#42 User is offline   zaph 

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Posted 02 April 2012 - 09:04 PM

You've got to love the copy some of the Chinese agents write...

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· The garage convert to home business, with well equipments air-condition, wet bar and own toilet
· The solid brick home is separate with the working place.
· You can rent the working place out and get $2000/month extra income.
· Over 5 car parking space, 4 air conditions, rain water and solar power
· 4 well size rooms, spacious open plan lounge & dining room, 3 toilet / 2 baths huge rear entertainment area over looking surrounding neighbour.


not to mention there's no way you would get $2k PM for a double garage that convert to work place, and they're asking at least 100k more than comparable properties.

This post has been edited by zaph: 02 April 2012 - 09:05 PM

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#43 User is offline   zaph 

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Posted 03 April 2012 - 02:25 AM

the agent delivered a sold spruik brochure, so I rang her...


Quote

1.first 460k, then 419k+. sold. waiting on sales data


house sell around 420k. around 420k. house sell around 420k. "house sell around low 420k"

Quote

5. first 579k reduced to 549k after a month. latest asking about right. left on market for a couple of months. now taken off market and up for rent, 650pw.
<br style="font-size: 13px; line-height: 20px; ">
"house return to china" - after asking i was non the wiser what a "house return" to china meant. the agent agreed that the rent was on the high side. "house return to china:" several times. <br style="font-size: 13px; line-height: 20px; "><br style="font-size: 13px; line-height: 20px; ">

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#44 User is offline   zaph 

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Posted 05 April 2012 - 07:57 PM

View Postzaph, on 30 March 2012 - 09:37 PM, said:

This one sold about a week after it's price reduction. waiting on onthehouse to update price.

1.first 460k, then 419k+. sold. waiting on sales data



i got access to RP data. this sold for $410k not 'around low 420k' as the agent said.

here's some more wonderful copy...

Quote

Fantastic opportunity to pick up this house and business combated property, located at busy smith St. near the bus stop, it featuring 4 bedrooms, ensuite, formal lounge and dining room, large family room, outdoor entitlement area,2 carports. High Potential rental if rented out individual room., Land Size 610m2 , Opposite to age care centre. Hair Salon-council approved, it has been well established since the 2005, with the current owner looking to retire. It’s completely fitted out with over 3 stations, 1 wash basins, front reception, air conditioning. Please contact exclusive agent

This post has been edited by zaph: 05 April 2012 - 07:59 PM

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#45 User is offline   tux 

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Posted 05 April 2012 - 11:58 PM

View Postzaph, on 02 April 2012 - 09:04 PM, said:

You've got to love the copy some of the Chinese agents write...



sh*t isn't it?
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#46 User is offline   tux 

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Posted 06 April 2012 - 12:03 AM

View Postzaph, on 05 April 2012 - 07:57 PM, said:

i got access to RP data. this sold for $410k not 'around low 420k' as the agent said.

here's some more wonderful copy...

...It’s completely fitted out with over 3 stations...


Awesome! No need for a car. Hmmmm, where you learn talk? indeed.

The real estate industry needs a thorough cleaning. The lies and deception is phenomenal.

This post has been edited by tux: 06 April 2012 - 12:09 AM

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#47 User is offline   zaph 

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Posted 06 April 2012 - 01:08 AM

View Posttux, on 06 April 2012 - 12:03 AM, said:

Awesome! No need for a car. Hmmmm, where you learn talk? indeed.

The real estate industry needs a thorough cleaning. The lies and deception is phenomenal.


i certainly do not mean to be racist in my posts of chinglish, it's just a good giggle.

we all have our language limitations. if I was to write in the only other language I can speak a bit of, you'd barely understand what I was saying.

70% of the target market in this burb is English speaking. if you are appealing to the other 30% then post your RE ad in Chinese. if you are an agent with a poor grasp of English get someone else to do the English copy. none of the agents post copy in Chinese.

30% of the realtors in my area are totally incompetent. 30% are below average. 20% are average and 10% actually do a good job. if i had no ethics i would open a real estate agent business and make a killing.
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#48 User is offline   tux 

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Posted 06 April 2012 - 02:19 PM

View Postzaph, on 06 April 2012 - 01:08 AM, said:

If you are an agent with a poor grasp of English get someone else to do the English copy.


My sentiments. Who said anything about racism. I am fully aware that most bogans cannot write English copy much better either.

I don't think it is too much to ask businesses to improve the literacy in their communications.
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#49 User is online   Mr Medved 

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Posted 06 April 2012 - 10:00 PM

View Posttux, on 06 April 2012 - 02:19 PM, said:

I don't think it is too much to ask businesses to improve the literacy in their communications.

Me thought it very good well Engrish. You like no own toilet with home business?
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#50 User is offline   AndersB 

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Posted 06 April 2012 - 11:21 PM

View Postzaph, on 06 April 2012 - 01:08 AM, said:

i certainly do not mean to be racist in my posts of chinglish, it's just a good giggle.

we all have our language limitations. if I was to write in the only other language I can speak a bit of, you'd barely understand what I was saying.

Encouraging better English cannot be a racist thing.

Otherwise, if I were to comment on your incorrect use of future subjunctive, then I would be guilty of racism too! Posted Image

This post has been edited by AndersB: 06 April 2012 - 11:22 PM

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#51 User is offline   staringclown 

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Posted 06 April 2012 - 11:33 PM

View PostAndersB, on 06 April 2012 - 11:21 PM, said:

Encouraging better English cannot be a racist thing.

Otherwise, if I were to comment on your incorrect use of future subjunctive, then I would be guilty of racism too! Posted Image


Touché! :D *

*But everybody hates a grammarian Anders

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#52 User is offline   AndersB 

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Posted 06 April 2012 - 11:57 PM

View Poststaringclown, on 06 April 2012 - 11:33 PM, said:

*But everybody hates a grammarian Anders

Indeed! That is why I was only speaking hypothetically. I mean, who wants to be a painful pedant?*

There seems to be this law of internet, that whenever you poke fun at someone else's grammar, you invariably end up making such mistakes yourself.

Anyway... English is such a crazy language:
http://pauillac.inri...nunciation.html


And who can forget this classic:



*OK, ok, ok... guilty as charged more often than socially appropriate!

This post has been edited by AndersB: 06 April 2012 - 11:57 PM

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#53 User is offline   staringclown 

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Posted 07 April 2012 - 01:56 AM

View PostAndersB, on 06 April 2012 - 11:57 PM, said:

Indeed! That is why I was only speaking hypothetically. I mean, who wants to be a painful pedant?*

There seems to be this law of internet, that whenever you poke fun at someone else's grammar, you invariably end up making such mistakes yourself.

Anyway... English is such a crazy language:
http://pauillac.inri...nunciation.html


And who can forget this classic:



*OK, ok, ok... guilty as charged more often than socially appropriate!


Even our PM struggles.



For a while I thought she was referring to an american football game.

I propose the creation of a society for the perpetuation of anachronistic verbiage. After all, if you can not use language to exclude different social classes what is the point of it? :D
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#54 User is offline   zaph 

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Posted 12 April 2012 - 09:46 PM

View Postzaph, on 30 March 2012 - 09:37 PM, said:

This one sold about a week after it's price reduction. waiting on onthehouse to update price.

of the six properties that have been on the market this year in the few streets around me that I've been tracking:
1.first 460k, then 419k+. sold. waiting on sales data
2.429k. main road.asking price about right if it wasn't on a main rd. on market for a month or so, then sold. waiting on onthehouse to update price.
3.419k. main road.asking price about right if it wasn't on a main rd. on market for a couple of months, then taken off market.
4.first 460k. reduced to 430k after a few months. been on the market since ~ October. still hoping.
5. first 579k reduced to 549k after a month. latest asking about right. left on market for a couple of months. now taken off market and up for rent, 650pw.
6.550k. overpriced by about 50k. sat on market for a couple of months. now taken off. from the pics and inspection by appointment, i suspect this has had a tenant the whole time

when i talk of over/under pricing I'm referring to comparable asking prices, not sold prices.


data updated.
2. sold for 410k the same as 1. comparable properties but 2. is on a main road.
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#55 User is offline   zaph 

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Posted 19 April 2012 - 12:09 PM

View Postzaph, on 30 March 2012 - 09:37 PM, said:

This one sold about a week after it's price reduction. waiting on onthehouse to update price.

of the six properties that have been on the market this year in the few streets around me that I've been tracking:
1.first 460k, then 419k+. sold. waiting on sales data
2.429k. main road.asking price about right if it wasn't on a main rd. on market for a month or so, then sold. waiting on onthehouse to update price.
3.419k. main road.asking price about right if it wasn't on a main rd. on market for a couple of months, then taken off market.
4.first 460k. reduced to 430k after a few months. been on the market since ~ October. still hoping.
5. first 579k reduced to 549k after a month. latest asking about right. left on market for a couple of months. now taken off market and up for rent, 650pw.
6.550k. overpriced by about 50k. sat on market for a couple of months. now taken off. from the pics and inspection by appointment, i suspect this has had a tenant the whole time

when i talk of over/under pricing I'm referring to comparable asking prices, not sold prices.


3. has now been listed with an out of burb (but not out of town, a small agency a few suburbs away) for 375k.
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#56 User is offline   zaph 

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Posted 20 May 2012 - 02:37 AM

4.0 - the for sale board out the front has gone, but it's still on REA.com as for sale, at the same price. Maybe just slow, or maybe some kids nicked it.

There is a lot of pent up supply in my burb, lots of sellers who have taken their places off the market with intention of re listing when things improve.
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#57 User is offline   Bernard L. Madoff 

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Posted 20 May 2012 - 07:11 AM

View Postzaph, on 20 May 2012 - 02:37 AM, said:

4.0 - the for sale board out the front has gone, but it's still on REA.com as for sale, at the same price. Maybe just slow, or maybe some kids nicked it.

There is a lot of pent up supply in my burb, lots of sellers who have taken their places off the market with intention of re listing when things improve.

Left empty or rented out?
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#58 User is offline   zaph 

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Posted 20 May 2012 - 09:00 AM

View PostBernard L. Madoff, on 20 May 2012 - 07:11 AM, said:

Left empty or rented out?


neither. appears the OO's remain.
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