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Setting new standards in Adelaide Real Estate
  • "James was extremely professional and helpful from the first point of contact to the final letting of our property. His professional and hardworking attitude mixed with his down to earth personality made us feel very comfortable. Even before James knew whether he would obtain our business he was happy to answer numerous questions and make sure that we knew exactly what would be involved with the rental arrangement. After comparing offerings from numerous other agents it was easily clear to us that James was the best man for the job. James screened and secured great tenants for us and ensured that all parties were 100% across all the ins and outs of the agreement."

    Tim H – Goodwood
  • "Dear James, I just wanted to thank you for all your help and advice when you sold my family home. To know you have to sell your family home is a very emotional time and you were very kind to me. You are a great fellow. You know your business and you know your calling. Nothing was too much trouble and to sell my home for a great price before auction and after only 3 open inspections was fantastic! Many thanks for all your help."

    Marion Walton – Millswood
  • "James, I would like to thank you for your outstanding services to me when selling a property at Seaton. Your professionalism and excellent industry knowledge gave me outcome in a very short time. You always contacted me with updates and kept me fully informed. Your professional service was second to none. I would recommend you to any person thinking of selling their home because at all times you were working in my best interest, not just for a quick sale."

    Margaret R – Seaton

“BLOC Property is a boutique Adelaide real estate agency offering a full suite of property related services. We have equipped ourselves with world best technology, marketing and systems to ensure world best results to match. Talk to us today to find out how we can not only save you money, but make you money as well.”

“Our property management is truly personal and our aim is to guide you on your way to achieving wealth through property. Our property management department is fully licensed and can discuss market conditions across Adelaide and Australia, property values and strategies. You just don’t see that any more… we strive to be your partner in all things property and we are here to stay.”

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Real Estate and Christmas – A Killer Combo

Today is the 19th November and we are inching closer to another festive season. The Christmas Pageant has been and gone and department stores are littered with green and red tinsel and baubles, but what does it mean for property sales?

Not good things, unfortunately. Real estate is one of those things that requires people to be around. It demands one’s full attention and decisions are not made lightly, so with the distraction of family, friends and travel, not much gets done.

Traditionally, this “shut down” will happen at some point towards mid-December, and I tend to use the second weekend in December as the last useful weekend for open inspections or auctions.

If you’ve been thinking about selling and want to do something before Christmas 2014 – I’d suggest you get sorted for this weekend or perhaps put the plans on ice until 2015, which begs the question: When do things start getting busy again???

Here there is no hard and fast rule. When are people back from holidays? When are people getting serious about new years plans? The second week in January is a good place to start and anywhere from mid January could be considered a safe time to launch a campaign.

Use your break wisely if you are considering selling in the new year. Agents are usually hard at work until the phone stops ringing and BLOC Property is no different. Get educated about prices, strategy and marketing so that you can get ahead of the competition before a 2015 sale campaign.

 

James Polacek is an expert on real estate in Adelaide and isn’t afraid to tell the truth about property. If you want to speak with him about selling your property, or maybe you just want some friendly advice, try james@blocproperty.com.au or his mobile 0403 527 398.

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BLOC Top Tips for Selling

Part of selling real estate is easy. The rest of it, which is the stuff that helps people achieve higher than market prices, low time on market and happy sellers AND buyers, can be tough. Here’s my take on the basics to put you well on the way to a great result.

1. There are things that cannot and will not change.

Don’t stress about them but don’t focus on them. You can’t change the suburb or the street you are in and you can’t change the fact that there is a power station down the road. A good sales person will always be prepared for questions on any detail and will be able to deal with them accordingly.

2. Presentation is crucial.

But don’t go overboard. Pick your market and spend wisely when presenting a home for sale or rent. Staging furniture can yield amazing results in many homes, but in others, using your own furniture that is nearly as nice (or nicer!) will work a treat. De-clutter, de-clutter, and then de-clutter some more!! It’s an easy recipe, right? A fully furnished home with as little in it as possible. Getting the balance right will attract buyers, and please use a professional photographer!

3. Get the marketing right.

Advertise in the right places at the right time. Understand where the buyers are and what they want to see in your ad. Don’t be deceptive but don’t be too forthcoming either, people are less likely to come if they already know everything. Sufficient internet presence is now non-negotiable and the newspaper is dying fast. It can still relevant for unique and high end real estate, just don’t be fooled by 3 year old stats about how useful your local real estate liftout is for your “normal” house – it probably isn’t.

4. Choose the right campaign.

Auction? Private Treaty? Tender? Expression of Interest? Auction and private treaty sales are the most popular in Australia but that doesn’t mean they are right for you. Find out or take advice on what works for your area, your type of property and your goals, because getting this wrong will confuse, mislead and turn away potential buyers.

5. Price your property correctly.

This is the most important ingredient to success and it can make up for mistakes in other areas. If your presentation is horrible and your marketing sucks, it won’t matter if your price is low enough! But that’s not the point. Do your research, seek the proper advice and make sure you are as close as possible, or just below, market value. Accurate pricing will attract genuine interest fast and result in a quicker sale for a good price. Have you ever seen a property start priced too high, sit on the market for ages, then sell for less than what it is worth? Food for thought.

6. Choose the right agent.

A real estate agent has the ability to shape your sale. They could damage your campaign with poor advice, enhance it with brilliant strategy and impressive negotiation, or they might just stand around at open inspections and ask for a fee. Don’t be afraid to ask the hard questions – how do you negotiate? Why do you recommend this strategy, that price, and others? I find it is always best to ask open ended questions and let them talk. You should find out pretty quickly how committed they are to you and your property, and how qualified they are to help you. Ultimately, you are trusting this person with what is possibly your most valuable asset, so don’t just choose the agent that your friend knows – he or she might cost you tens of thousands of dollars.

 

James Polacek is a young expert on real estate in Adelaide and isn’t afraid to tell the truth about property. If you want to speak with him about selling your property, or maybe you just want some friendly advice, try james@blocproperty.com.au or his mobile 0403 527 398.

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Constant review will reap rewards for your property portfolio

Property investment is incredibly popular in Australia – and why not!?

Hundreds of thousands of people continue to make money on property, with capital gains and rental income among the biggest areas of profitability.

Because property has performed so well for so long, it is easy to become complacent – many people adopt a buy and hold strategy without compromise, and some owners don’t review rental properties regularly (or at all!).

While property is not as liquid as some other assets, your portfolio should always be under assessment, and by reviewing and maximising rental income, your asset is worth more now, and later.

Unfortunately, nobody has a crystal ball predicting property values, but there are times at which it can make lots of sense (and more money!) to sell and buy at different times, diversify into different areas or types of property, or simply to buy in rising markets, and sell in falling markets.

Adelaide values grew 0.9% in September, and are up 3.1% in the third quarter of 2014.

Houses in Adelaide are achieving an average of 4.2% yield, and units 4.7%.

BLOC Property’s client portfolio has been consistently outperforming the market in 2014 – if you’d like help with a portfolio review contact us today at contact@blocproperty.com.au or call us on 7123 0823.

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