With property selling like hot cakes, it may feel like the perfect time to list your home, but there are things you should consider to maximise your return.
Undertaking a smart renovation could significantly increase your propertyâs value. Picture: realestate.com.au If you can make your property stand out from the rest, then you are sure to generate plenty of interest and if you have many bidders competing for your home, this will push up the sale price for you, Lloyd Edge, Director of Aus Property Professionals, says. A simple renovation could be a quick solution to ensure you gain maximum interest from buyers, but it needs to be the right renovation. Â
How do you renovate to generate wealth in the current market? Renovate to what the market wants, not your own personal style, The Aus Property Professionals director says. Keep the potential buyer at the forefront of all the minor works you conduct, as this will attract the most amount of interested parties for your property.
Undertaking a smart renovation could significantly increase your propertyâs value. Picture: realestate.com.au If you can make your property stand out from the rest, then you are sure to generate plenty of interest and if you have many bidders competing for your home, this will push up the sale price for you, Lloyd Edge, Director of Aus Property Professionals, says. A simple renovation could be a quick solution to ensure you gain maximum interest from buyers, but it needs to be the right renovation. Â
How do you renovate to generate wealth in the current market? Renovate to what the market wants, not your own personal style, The Aus Property Professionals director says. Keep the potential buyer at the forefront of all the minor works you conduct, as this will attract the most amount of interested parties for your property.
With property selling like hot cakes, it may feel like the perfect time to list your home, but there are things you should consider to maximise your return.
A former music teacher who purchased his first house at 29 on a $51,000 salary and amassed a multimillion-dollar property portfolio has shared his golden rules for real estate investing.
Lloyd Edge, buyer s agent and author of Positively Geared, said investing during unstable periods can be risky and daunting but can also be very profitable if done right.
Mr Edge said investors tend to make rash decisions when the market is turbulent but his five rules can provide a consistent foundation buyers can rely on to make smart investments.
Lloyd Edge (pictured) was a freelancer on a $51,000 salary when he paid a 10 per cent deposit on his first home in Sydney