Property Chat with Lachy and Matt

How do you determine a property's value?  A huge part of our job as agents is assessing the current market value of a property, but how exactly do we go about it? And how does an appraisal differ from a valuation? 

In this episode Lachy and Matt discuss the process involved in determining the price of a property, how to differentiate between a logical value and an emotional or market value, and why both of these can differ significantly from the online property price estimates available through your bank and the major real estate websites.

With auction clearance rates stabilising in the 50-60% range the past week, not every property that comes to market is going to sell straight away.

Buyer demand remains healthy, and quality properties are still attracting good demand, but as we head towards the traditional Spring selling season its likely there will be higher volumes of listings available than we've seen in a number of years. 

So as a seller, how do you navigate an environment where there's multiple competing homes, where buyers have more choice, and where a select few properties are attracting 90% of the buyers? Well in this episode Lachy and Matt cover it all and more to help you sell in a market with more supply.

The property landscape is changing, and it's changing fast. If you're feeling a little overwhelmed trying to make sense of all the media surrounding it we don't blame you, it's hard to find a consistent message around where things are heading and what you should be doing. In this episode, we share what we're seeing on a daily basis and draw on our industry-wide experience to help you navigate the transitioning market and further your real estate aspirations while others struggle with indecision.

In this episode, Lachy and Matt continue their conversation with real estate industry legend Tom Panos, covering some of the most common mistakes sellers make during the sale process, how to choose the best agent to represent your home,  as well as Tom's predictions for where the market is heading and where to look if you want to take advantage. 

In Part 1 of a two part series with real estate industry legend Tom Panos, Lachy & Matt get Tom's take on the current market, frustration as a buyer and how to overcome it, underquoting, how to select an agent to sell your home, his predictions for where you should be looking to invest right now and much more. A wealth of real estate knowledge, Tom shares countless words of wisdom he's gained from years coaching Australia's best agents and at the coalface as one of Sydney's most well known auctioneers. A must listen for anyone after an experts take on the current state of play in the real estate market.

Lots of buyers, not many properties on the market. It's the story of the last 6 months and it's incredibly frustrating for those who keep missing out. So what can you do to give yourself a better chance of securing a home? As always there's no silver bullet but in this episode Lachy & Matt share some of their best tips to help put you in the strongest position possible to secure your dream home.

With new home loan applications at record highs it's clear that plenty of Australians are in borrowing mode looking to take advantage of current record low interest rates. So should they be walking into their existing bank or finding a mortgage broker? In this episode, Lachy and Matt discuss the ins and outs of a decision which can impact your borrowing capacity, your interest rate, the time taken to get approved and, in many cases, the likelihood of your application being successful at all!

It's a question we get asked so often at this time of year, should we wait till the new year? This year more than most, its a really important decision. So in this episode Lachy & Matt discuss buying and selling in December, the impact of the festive season and the factors it brings to the table, as well the opportunities available to both buyers and sellers at this time of year.

In this episode Lachy & Matt chat with The Media Coach Imogen Callister about the rapidly growing significance of social media marketing and its emergence as a new non-negotiable when selling your home. We chat about the benefits to home owners and agents alike, how to get the most impact out of your social campaigns, as well as how to choose the right agent based on whether they are effective social media marketers.

We chat with CampaignTrack co-founder & specialist in digital marketing for property, Stefan Williams, about the new non-negotiables of property marketing and how listing your home on the major real estate websites is barely scratching the surface of the digital toolkit available to you. We cover strategies your agent should be using to expose your home to the most passive buyers, along with how to select an agent based off of their digital marketing proficiency. This one is a must watch for anyone selling their home in today's increasingly digital real estate environment.