🏠, Why Are Home Buyers AND Sellers Feeling Less Stressed?

Published: Sat, 08/26/23

Hi ,

If you've been searching for a home to buy in recent months you may have been frustrated by the lack of stock.

Home owners probably don't need to be told that market uncertainty has been established as the leading cause of low sales volumes. Naturally, when the future looks uncertain and our financial security is threatened, we hunker down and play it safe until we can see some positivity on the horizon.

And that distant golden glow is beginning to glimmer as the effect of more interest rate confidence combined with continued growth in property values shows sellers returning to the market and stocks beginning to rise once more.

An unseasonal boom during July saw sales volumes in Sydney and Melbourne increase, with most capital cities sitting at around 10% of the preceding ten year average. If the RBA leave rates on hold again in September we will surely see seller activity continue to rise.

That's great news for buyers desperately seeking homes, and sows seeds of hope for a flourishing property market this spring.

Looking to sell in Melbourne? Ask about our vendor advocacy service or our staging service, where we provide you with trusted impartial advice and MAKE IT EASY to protect your interests throughout the entire selling process.

Read about our vendor's advocate service

To book a free 20-minute consultation, simply click here and choose a time convenient to you.

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Buying property is a significant investment in our future wealth, and something we don't necessarily do very often in our lives. If you're buying your first home or even your second, expert advice and handy tips on how to get started in property can help you to ensure your property purchase is a wise one.

All your questions are answered in our comprehensive new program. Click below to read more.

Your Guide To Getting Started In Property

In a market like this one, I’d want someone in my corner that I could trust, representing my best interests.

Would you?

We are here to help.

Need a hand? Contact Wendy here

Excited about buying your first home?

Buying your first property is one of the most exhilarating and simultaneously overwhelming experiences in life. Like anything, if you take the first step with an expert by your side it is infinitely easier. Don't go it alone when you buy your first home, get the reassurance you need with the assistance of an expert buyers advocate - you'll feel so much better!

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What our happy clients have to say...

We love hearing what our happy clients have to say about their experiences with Chamberlain Property Advocates. We helped Stuart buy his first home, here's what he had to say:

"Working with Wendy was an excellent experience. It made the process so much simpler than it would have been by myself.

Taking advantage of all the contacts she has as well made the connections with the right people absolutely dead simple.

Based on their contacts with other real estate agents, they managed to get this place off-market. I wouldn’t have been able to find this place without them. Absolutely stellar performance.

Working with a Buyer’s Advocate really took the guess work out of a lot of things. Finding places to go look at that were what I wanted to look at already, without having to spend the extra time to find it myself. Dealing with all the real estate shenanigans as well. Just having that extra person who knows what they’re doing, who can be a sounding board for sharing ideas with, so you can figure out what you want, if it’s a good idea or not. I am absolutely happy with the home."

Stuart.

At Chamberlain Property Advocates, we find it immensely satisfying working with buying and selling clients alike. Let us help you too!

Hear what our other happy clients have to say

Wendy's Tips

When you are looking to buy a home, remember there are quite a few upfront costs you need to factor in. Of course there's going to be the price that you pay for your home, but there are other things that you need to keep in mind in relation to budget during the home hunt.

The biggest one will be stamp duty. Stamp duty is calculated on the value of the land and the improvements to the land. There are a lot of stamp duty calculators online, so enter your budget to get an idea of how much stamp duty you'll be paying on top of the house cost.

You'll have other things to factor into your cost process such as solicitor or conveyancer fees because you're going to have to pay somebody to settle that property for you. And additionally, a building and pest inspector - very, very important. It's a due diligence step that I always advise clients to take.

So there are a number of additional costs as part of your investment in buying a home that you do need to factor in to make sure that you stay on budget.

Wendy Chamberlain, Buyer's Advocate

Wendy In The Media

Recently Wendy sat down with Faye Waterman The Conversation Curator to chat about real estate today.

Find the interview here

Where is Wendy speaking next?

Wendy Chamberlain has been invited back as a guest speaker on Midday Panorama with Vilma Formosa on Friday 22nd September at 1:00pm. Tune in to North West FM to hear Wendy discuss the current property market.

Find out how to listen here

The real estate market isn't always easy for buyers and sellers to navigate, especially in the current conditions. Where to buy, when to buy and when to sell, and how much to offer are just a few of the challenges buyers and sellers face. When it's time to sell your home and buy another, remember that a buyers advocate can open doors you didn't know about such as off-market properties - so it always pays to have an expert in your corner.

Please call the office on 03 9686 2288, book a time to chat here or send an email to [email protected] and we can make a time for a confidential chat. Obligation free!

We'd love to help and make things easy for you too.

With gratitude,

GPO Box 2000
Melbourne VIC 3001
AUSTRALIA

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