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Local Agents, Local Residents, Local Knowledge. WHY CHOOSE ALLIANCE? Alliance Real Estate is an independent, family owned Real Estate firm established by local residents

We are a community based agency, known for our expertise in prestige and investment properties. We offer a new breed of Real Estate combining corporate structure, discipline and focus with family values and personalised service. Together our Team brings two generations of Commercial & Residential, local property knowledge, graduate management skills and strong family values. We work on many ideas in order to achieve effective and efficient marketing. We are a Real Estate Company with Strong Belief in Client’s Satisfaction. We Value Good working Relationships and will keep striving to provide the outstanding results for you. A belief in long-term relationships built on trust, is the attitude reflected in the systems our Team have developed to successfully sell and manage property.

Being strategically positioned in Panania’s busiest shopping strip and surrounded by the areas finest restaurants, has enabled us to build a strong presence in the region divided only by our magnificent Georges River and surrounding National Park. ‘Outstanding Real Estate Agents for 2005’, finalist for 2006 and Finalist for ‘Business achiever awards 2006’ being just some of the many Awards presented to Alliance Real Estate, A test to our exceptional services. We are able to provide you with a complete profile of your local area, as well as surrounding property details. Using our vast buyers data base, we can immediately match eligible buyers to your property. We are vastly involved in the community being proud Sponsors of Picnic Point Bowling Club, St Christopher’s Soccer Club as well as St Christopher’s Annual School Fete.

9771 6115

167 Tower Street Panania NSW 2213

www.allianceaust.com.au


Local Agents, Local Residents, Local Knowledge. WHY CHOOSE ALLIANCE? Our testimonials speak for themselves, Below are just some: “I would like to express my sincere thanks to Tony for all the effort that has been put into selling my house. I believe Tony managed to secure for me a realistic price in a very difficult market. I have appreciated your care and friendly service. Your feedback from inspections and follow up calls has kept me well informed at all times.” Ms Howie of Blanc Avenue, East Hills. “We would like to thank the ultra professional standards that were demonstrated to our family by Tony and Charles from Alliance Real Estate. From our first meeting with Tony, he showed us his commitment and proven ability to sell real estate. We chose him to sell our house because of his innate knowledge of the local property market. Our ‘gut’ instinct told us Tony would be best, and this was proven correct. Tony was available 24 hours a day, 7 days a week and was able to show prospective buyers at times convenient to them. We believe this is why we had good offers immediately and why we sold in this first week for an excellent price (in a tough market).” Mr & Mrs Moors of Kathleen Parade, Picnic Point “I would like to thank Alliance Real Estate for selling my family home with in 2 weeks and for the integrity and hard work that you put in to achieve a high price in such a short time. You made sure everything went smoothly. I have no hesitation in recommending Alliance Real Estate to my friends and family.” Mr L McCormack of Victor Avenue, Picnic Point

“I bought and sold through Alliance and was so happy with how smooth and easy the process was, I was happy with the price I got and how quickly it sold. I would highly recommend the professional service of Alliance to anyone looking at selling their home” Ms Petrovski of Bransgrove Road, Panania “To Tony & All at Alliance, Thank you for your professional approach and service in the sale of our property in Panania, as well as the purchase of our new property in East Hills. We would particularly like to thank you for your efforts in ensuring the process was successful and completed with minimal fuss, at a time when the market may have made I difficult to do. Your staff are always courteous and willing to assist.” Mr & Mrs Johnston of Braesmere Road, Panania “May I say what a joy it was to deal with you with the sale of our home. You made sure everything went smoothly, with a minimum of fuss and made a stressful event seem easy. Your professional conduct, punctuality and presentation were excellent and your communication & feedback were second to none. We would have no hesitation in recommending Alliance Real Estate to our friends. Thank you again for your honesty, professionalism and for an enjoyable experience.” Mr & Mrs Galloway of Bransgrove Road, Panania

9771 6115

167 Tower Street Panania NSW 2213

www.allianceaust.com.au


Local Agents, Local Residents, Local Knowledge. SUCCESSFUL SELLING When it comes to getting the right price for your property there are two ways to go – Auction or Private Treaty. Making a decision on how to sell can be difficult, so be upfront with your real estate agent and talk through the issues before deciding what’s best for you and your property. Once you have made a choice, your agent will help you plan a marketing strategy to get things moving. Auction One of the primary benefits of selling at auction is that competitive bidding can result in the seller being offered a better price. Another advantage is that you can set the reserve price just prior to the auction, with the benefit of several weeks’ worth of market feedback as a guide. The marketing campaign leading up to the auction is often intense but brief- one month at most. Around 50 per cent of properties sell on or before the day of auction, although these clearance dates can vary depending on the strength of the market. If you decide too auction your property, expect to pay your real estate agent a non-refundable fee to cover the cost of brochures, signage, hire of the auction room (if applicable), auctioneers fees and the cost of advertising the auction.

Private Treaty By definition, this simply refers to a house being offered for sale. Private treaty can sometimes be a slower process than auction but, on the positive side, there may be more time to find a buyer prepared to pay full price. This is particularly helpful if the market is flat or your property has specific appeal to a limited number of buyers. Consult with your agent to set a balanced asking price for your property. If the price is too low, you won’t maximise your sale price. If the price is too high, the property may not sell and will risk becoming stale. Most authorities recommend that people who decide to sell their homes by private treaty choose an exclusive listing over multiple listing. With an exclusive listing, only one agent is authorised to sell the property, usually for a specified period of around one to three months. Exclusivity gives the agent greater incentive to sell the property, whereas multiple listing virtually guarantees that the place won’t be properly advertised because the agencies are reluctant to give the opposition free publicity along the way. If you don’t feel up to the potential pressure or excitement of an auction, you would be well advised to sell by private treaty.

Whichever way you choose to sell, may luck be on your side!

9771 6115

167 Tower Street Panania NSW 2213

www.allianceaust.com.au


Local Agents, Local Residents, Local Knowledge. OPEN HOUSE Don’t be deceived by first impressions – the only way to make an accurate property evaluation is to take a closer look and follow a checklist. When you are viewing lots of properties, it is impossible to recall each one in detail. The best approach is to show up to each open house with a checklist and use the allocated time to give the property a good inspection. The average selling campaign runs for two days a week over a month, so if a particular property appeals you should be able to view it several times. Be sure to check the following:

Inside

Outside

• Condition of walls and ceilings

• Condition of gates, fences, walls, paths and pavers

• Condition of carpets, floorboards and floor coverings

• Garden and outdoor living spaces- imagine how these areas will suit your lifestyle

• Insulation and ventilation in each room • Amount of natural lighting and type of light

• Aspect of property and the amount of sun, shade and wind it receives

fittings installed • Condition of windows and doors • Actual living space- imagine how your furniture will fit in • Bedroom sizes and built in robes • Kitchen benches, cupboards and stove • Laundry facilities • Size and condition of bathroom and toilet • Home-office or attic space

• Existence of exterior buildings such as a garage or tool shed • External condition of the building, including paintwork, damp, roofing and guttering • Off-street parking • Proximity to amenities • Noise levels • Condition of swimming pool or spa

9771 6115

167 Tower Street Panania NSW 2213

www.allianceaust.com.au


Local Agents, Local Residents, Local Knowledge. PROPERTY STAMP DUTY TABLE Use the table below to determine the Stamp Duty Fees for Owner-Occupied Homes. * Owner-occupied rate only.

Sale Price

N.S.W

V.I.C

Q.L.D

S.A

W.A

T.A.S

100,000

1990

2200

1000

2830

2130

2425

125,000

2865

3160

1250

3830

3055

3175

150,000

3740

4660

1500

4830

3980

3925

175,000

4615

6160

1750

5830

4905

4800

200,000

5490

7660

2000

6830

5830

5675

225,000

6365

9160

2250

7830

6755

6550

250,000

7240

10660

2500

8830

7680

7550

275,000

8115

12160

3375

9830

8818

8550

300,000

8990

13660

4250

10830

9955

9550

325,000

10115

15160

5125

11830

11093

10550

350,000

11240

16660

6000

12830

12230

11550

375,000

12365

18160

6875

13830

13368

12550

400,000

13490

19660

7750

14830

14505

13550

425,000

14615

21160

8625

15830

15643

14550

450,000

15740

22660

9500

16830

16780

15550

475,000

16835

24160

10375

17830

17917

16550

500,000

17990

25660

11250

18830

19055

17550

525,000

19115

27160

1215

19830

20268

18550

550,000

20240

28660

13000

20830

21480

19550

575,000

21365

30160

13875

21830

22693

20550

600,000

22515

31660

14750

22830

23905

21550

625,000

23615

33160

15625

23830

25118

22550

650,000

24740

34660

16500

24830

26330

23550

675,000

25865

36160

17375

25830

27542

24550

700,000

26990

37660

18250

26830

28755

25550

725,000

28115

39160

19125

27830

29968

26550

750,000

29240

40660

20000

28830

31180

27550

775,000

30365

42160

20875

29830

32393

28550

800,000

31490

43660

21750

30830

33605

29550

9771 6115

167 Tower Street Panania NSW 2213

www.allianceaust.com.au


Local Agents, Local Residents, Local Knowledge. GLOSSARY If you’re finding the language confusing, the following glossary of terms will help.

Agents Commission: The fee, generally a percentage of the sale price, payable to the real estate agent for selling the property. Appraised Value: Estimate of the value of the property offered as security for a home loan. The appraisal is undertaken for financial lending purposes only and may not reflect the actual market value. Body Corporate: When a number of people purchase units, townhouses or apartments in a block, they form a Body Corporate to manage the block and maintain the common areas. Bridging Finance: Short-term finance used to cover the gap between receiving funds for selling a property and paying out for a new one. Capital Gain: Profit from selling an asset at a higher market price than it cost.

Common Property: A part of the property that is for the use of all tenants. Conveyance: A legal document by which the ownership of property is transferred. CRAA: Credit Reference Association of Australia, used by lenders to check credit history. Deposit Bond: A guarantee that can be used instead of having to provide a cheque for a 10% deposit while waiting to settle on a property. Exchange of Contract: When the buyer and seller swap contracts of sale. Fittings: Items that can be removed from the property.

Caveat: Notification placed on a title to warn any purchaser that someone else holds an interest in the property. This ensures it is not sold without the consent of this third party.

Fixtures: Items that are part of the property such as; bath tubs, dishwashers and curtain rods. Guarantor: Someone who agrees to be responsible for another persons mortgage in case of default.

Caveat Emptor: Latin for ‘let the buyer beware’. In other words, the buyer has the responsibility to examine the goods being purchased.

Home Equity Loan: A line of credit, where you have a designated credit limit but have flexibility with the repayments.

9771 6115

167 Tower Street Panania NSW 2213

www.allianceaust.com.au


Local Agents, Local Residents, Local Knowledge. GLOSSARY Inclusions: Items included in the property, such as light fittings, which should be listed in the contract. Interest Only Mortgage: The borrower pays interest only on the loan, instead of interest plus principle. The principle is repaid in a lump sum at the end of the term. Mortgage: The document recording that a property is security for the money borrowed to purchase it. Mortgage Broker: A broker helps find the best loan for your needs from a selection of lenders contracted to the broker. Mortgage Insurance: Paid by you to the lender to ensure the lender is covered if you default on your repayments. Negative Gearing: When the tax deduction from an investment property exceed the income the property generates, the investor has a tax loss to offset against their other taxable income. 100% Offset Account: A saving account linked to your mortgage to reduce interest payable on the mortgage. Option: A legal method by which a purchaser may reserve a property for a period of time under mutually agreed terms. This sometimes includes financial penalties, so discuss with a solicitor before entering into any option agreement. Passed In: When a property fails to sell at Auction, it is ‘passed in’ at the highest bid.

Private Treaty Sale: A real estate agent finds a buyer without going to Auction. A price is set and prospective buyers can submit offers that are usually below the asking price. REI Contract: Standardized ‘plain English’ contract used as the basis for home and land transactions. Can be amended with special clauses to suit buyers and sellers. Redraw Facility: Feature of a loan that allows borrowers to access any additional repayments they have made. Reserve Price: The minimum price that the vendor will sell the property for at auction. Semi-Detached: A house that shares a common wall with another house. Settlement: Money paid in full in exchange for Title Documents, keys and the right to take possession. Strata Title: Individual owners of an apartment in a block containing a number of apartments hold a Strata Title covering their portion. Title Deeds: Formal documents signifying ownership. Valuation: Report arranged by the lender to ascertain the value of your property. Zoning: Used by local authorities to control use of property, example, residential or retail.

9771 6115

167 Tower Street Panania NSW 2213

www.allianceaust.com.au


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