Homeowners seeking a property appraisal generally expect to walk away with a single number. The reality is a range informed by market data, interpreted through judgement, and subject to variation depending on who conducts the assessment.The question of what a house is worth sounds simple. The process behind answering it is not. Sellers who … Read More
Most people decide to sell before they know what selling actually costs.Most vendors commit to selling well before they have run the full numbers. The motivation arrives first. The costs arrive later - some before listing, some during the campaign, and some only at settlement.The cost of selling a house in Australia is not a single … Read More
For most people selling a home, the agent fee is the number they focus on before almost anything else. It gets asked in the first conversation and rarely examined beyond the surface.The way real estate agent fees work in Australia is straightforward on the surface - a percentage of the sale price. How that percentage is set depends on the a… Read More
What Gets Evaluated in a Property AppraisalAn appraisal is not a guess. It is not a wish. It is a structured assessment of what a property would likely sell for in the current market, based on evidence an agent can point to and defend.Sellers often arrive at an appraisal with a number already in mind - one shaped by what th… Read More
The Limitations Behind Automated Valuation ModelsMost sellers check an online estimate before speaking to an agent. Understandable. Also where the first pricing misconception usually starts.The algorithm has never walked through. It does not know the kitchen was renovated last year, or that the rear addition is non-complian… Read More