Selling Your Home with Jamie Thompson
JAMIE THOMPSON I would like to thank you for the opportunity to look at your property and show you what Elite Real Estate and I can offer you when selling your home. The most important thing to remember when selling your home is that I will be working with you to achieve what we both desire, and that is “YOUR PROPERTY SOLD”, in the shortest possible time frame, with the least amount of fuss and for the highest possible price.
Benefits of listing with Jamie
Having worked in the industry for over 15 years and being extremely motivated and driven by nature, Real Estate allows me to be rewarded based on the hard work and dedication I am willing to put in. My vision and close eye for detail will have you excited about the process and the ease that follows!
• You will be kept informed
A natural when it comes to delivering outstanding service, I believe that listening to my clients and establishing a close rapport, gaining their confidence and building good, solid relationships is the key to a successful real estate transaction. Treating every sale as if it was my own, relying on a strong work ethic, I want all my clients to have a positive experience and will go out of my way to achieve the best possible result. I truly love what I do! My great sense of humour and easy going nature allows me to create instant rapport with both buyers and sellers and is a key factor in negotiating great results, encouraging buyers and making the whole process as smooth and relaxed as possible. This combined with the “Premium Brand Quality” of Elite Real Estate SA gives me an added advantage over the competition every time! When someone is confident enough to recommend me to their family and friends there can be no higher compliment!
• You get told the truth • You get a highly skilled, trained negotiator • You receive the highest possible price • You receive 7-day service
• And you get Jamie, whenever you need him Jamie Thompson P. 0411 015 658 E. jamie.thompson@eliterealestatesa.com.au
TESTIMONIALS Motivated Agent with Great Communication! After purchasing a property from Jamie in the past and being impressed with his service I asked him to sell an investment property for me. Jamie helped me with advice on beneficial improvements to make prior to putting my property on the market, engaging a stylist to furnish the property and obviously the sale process. He got me an exceptional price within one week of being on the market! I would highly recommend Jamie. Awesome Agent!!! Our property did not even get to the weekend inspection. Sold on the VIP night way above top asking price!! Jamie’s knowledge of Plympton Park real estate market is amazing. He answered any questions, kept in contact and was very confident he would find a buyer- more so than my hubby! I would highly recommend Jamie as an excellent Real Estate Agent to sell or buy. Amazing knowledgeable agent Dear Elite Realestate Recently I had the absolute pleasure of meeting Jamie Thompson. I contacted him after seeing he had sold a property in the same street as my own in a very short period of time. Jamie is a true professional in every way. There was no pressure but simply a great strategy that was put forward with a best offer campaign. I had already decided on another agent that I had seen but after one meeting with Jamie decided to go with him. Not only did he promise a higher price and lower commission but he delivered on every promise. Our house with his guidance, amazing photo shoot and constant contact sold before open inspection for a price beyond my expectations. I have sold 16 times before and at times had a bitter experience with agents. I can highly recommend Jamie and without a doubt I would buy and sell from him again. This has been the most enjoyable and positive sale in my real estate life experience. 5 Star Agent Jamie is a 5 star Real Estate Agent. We recently engaged him to sell 2 properties and we were extremely satisfied with Jamie’s sales strategy, his attention to detail, his empathy, his knowledge and his persistence and this all came together resulting in excellent sale prices. It is our pleasure to recommend Jamie to anyone wishing to sell a property or to find a property for them. Thanks again Jamie for such a great job. An Exceptional Experience When we were planning to place our property on the market we were located interstate and having an agent we trusted was imperative. Jamie from day one presented a solid strategy for sale and we were instantly confident that the campaign would be a success. Through the entire process Jamie was the ultimate professional, providing consistent updates, listening to our questions/concerns, finding solutions and ultimately delivering our goal with the property. I would highly recommend the services of Jamie Thompson to anyone looking for an agent to sell their property with the following key principles in mind: - Customer First Integrity - Honesty - Reliability - Passion
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3b Regent Street Glenelg North
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16 Bourlang Avenue Camden Park
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24 Helmsdale Avenue Glengowrie
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13/30 Colley Terrace Glenelg
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51 Arthur Street Plympton Park
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56 Penzance Street Glenelg South
METHODS OF SALE After you have chosen the agent with whom you wish to work with, the next step is to decide how you are going to sell your house. There are a number of ways to achieve this in South Australia. These are private treaty, public auction or Best Offer. Your agent will take you through these options and help you decide the best selling method for your property based on your properties style, location, current market conditions and time frame in which you wish to sell in.
AUCTION Public Auction is often used when a property has unique features and factors that could draw considerable public interest or when you wish to sell your property quickly. There are three opportunities to sell using this approach – before auction, at auction or after. The auction process involves choosing an auction date, time and place, setting a reserve price with your agent (the minimum you are willing to sell for) and conducting a short, intensive marketing campaign to gain maximum exposure and interest. An auction environment is usually emotionally charged and encourages strong, competitive bidding. The auction method of marketing your property has positives and negatives. The auction method only attracts the Cash Buyer which is both a positive and negative. The positive is there are no conditions to the contract, It is sold. The negative is less people can buy at Auction and may look at another property over an Auctioned property, therefore your market may be limited.
PRIVATE TREATY – FOR SALE Private Treaty used to be the most common way to sell a home. The property is advertised “For Sale” with a set asking price. Buyers must make “Blind” offers, meaning they will not know how much another buyer may be offering. Sellers who don’t want the pressure of an auction may see there is no set time frame for the sale as a benefit. In reality though, this can also be a negative factor as the lack of a set time frame, generally results in a lack of any sense of urgency for buyers. This can result in the home being on the market for a longer period of time. This method of sale is becoming less popular for this reason, as the longer you are on the market, the lower the price a buyer will offer.
BEST OFFER BY The Best Offer By process requires prospective buyers to submit the highest price they are willing to pay for your property by a set date, with a price guideline given. Offers are kept confidential and discussed when the offers closed date is reached (or can be sold prior). You are able to accept or reject offers at your will, or your Elite Real Estate specialist can negotiate further. Sales by Best Offer campaigns are a more relaxed and controlled way of selling your property and is growing in popularity as it is a short consise campaign and can achieve extraordinary sale prices.
PRICE Perhaps the most important question facing you at the moment is that of the price in which you should ask for your property. Setting the sales price for your home is one of the hardest and most emotional decisions you will have to make. This is where our expertise can really help. You certainly do not want to sell it too cheaply, nor do you want to overprice it, therefore preventing it from being sold. CONSIDER THESE POINTS The price a property brings is determined SOLELY by what the buyer or buyers are prepared to pay. This is influenced by 5 things: • Recent sales in the area of properties which are similar to yours • Properties for sale now, which are similar to yours • The condition of your property • The ways in which the property is marketed. • And the experience of your agent. Pricing a property too high is a sure way to prevent a sale. A property receives its maximum buyer interest in the first 2 weeks of advertising. This is when it is fresh on the market and you only have a small window of opportunity to price it right and get it sold. If you list the home close to market price, you will create a sense of urgency with buyers to make a decision when it comes to their offer.
A WORD OF WARNING You should be very careful of an agent who quotes you a fantastic price, well above what other agents are indicating. Unfortunately there are agents who will give you a grossly high figure, in order to win your business. He/she will commit you to a legal agreement and then spend the next few months pressuring you to bring your price down. If an agent cannot justify his/her price with recent sales, we suggest you take care.
HOME STYLING WITH PURE HOME STYLING STYLING YOUR HOME FOR SALE It’s no secret that first impressions of a home rely on a potential purchasers ability to picture themselves living within it. A well-styled house could be the difference between getting you an okay price or getting you your ‘Dream Price’. Therefore, it’s important to get it right. Insert “Pure Home Styling” here. However, some people overlook hiring a professional altogether by seeking out ‘cheaper’ or ‘easier’ solutions. We’ve compiled five reasons why you shouldn’t cut corners and should hire a professional for your pre-sale styling.
1. Your agent is not a stylist
4. They can depersonalise the space
If your agent offers to style your home, you need to take a step back and consider what you’ve hired them to do. While it’s fantastic that they’re thinking about the importance of styling, they should not be carrying out the styling themselves. Their job is to market and sell your property, and this should take up all of their time. They should be urging you to seek external help to make your property look incredible.
While you don’t want your property to look cold and lifeless, you also don’t want your buyers to feel like they’ve just invaded somebody’s home. Professional stylists know how to walk this fine line between display home chic and someone’s living space.
2. They style to appeal to the most likely buyer Professional styling doesn’t necessarily mean your furniture is being turfed. It also doesn’t mean your property will be styled like a lifeless display home. This is far from the truth. The only place display home styling is effective is in, well, display homes! A good stylist will understand the marketplace and the kinds of buyers interested in your property. For example, a CBD apartment marketed to young, single professionals would require drastically different styling than a Glengowrie Bungalow marketed to young families. Professional stylists understand these differences and will tailor their vision to best present your property to the market. 3. They know how to accentuate your property’s best features Styling is more than just creating a pleasing colour palette, positioning plants, and buying artwork. It’s about understanding your property’s winning features and making them clear to buyers as they walk through the door. If your property has incredible natural light, a professional stylist will understand not to block it. So, if your property is a smaller apartment, your stylist will understand how best to open the room and create the illusion of space so your buyers don’t feel cramped or uncomfortable. After all, it’s important that your stylist communicates the property’s potential through their styling as well as highlighting the best features.
They are able to create a really inviting environment that allows your buyer to easily picture themselves and their family inhabiting the house. At the end of the day, this is what you want. Their invested emotion will increase how much they’re willing to spend and will achieve you ‘Your Dream Price’. 5. It’s worth it! The owner of a ground-floor luxury apartment in Glenelg was frustrated as his property had been on the market with another agent for some time with no bites. After appraising the property and realising that the buyer’s expectation of $1,295,000 was realistic, Jamie looked at other potential reasons the property wasn’t doing well. He soon realised that the property’s best features, large living space and a fantastic courtyard were being neglected and underutilised. Jamie’s preferred stylist Kate from “Pure Home Styling” came through and worked her magic. She started by decluttering and had the owners put 30 boxes of their personal belongings in storage, which opened up the living space. Then, she hired an outdoor living set and rearranged pot plants to accentuate the courtyard After some quick rearrangements of furniture to open up space and create a breakfast nook, the apartment was unrecognisable. After just four days on the market, the property sold for $1,350,000, $55,000 more than the owners had anticipated. So long story short, good taste costs no more than bad! If you’d like a consultation with Pure Home Styling about in-house styling, feel free to contact them today. 0412 122 146
PREPARE BEFORE EVERY OPEN INSPECTION The following finishing touches will help ice the cake:
☐ Make beds and put dirty clothes in the washing basket and in the car ☐
In the bathroom, wipe down the shower, bath and sink with a towel and put away personal items.
☐
Put dishes away and tidy up
☐
Vacuum or sweep
☐
Air your house
☐
Make sure the home is warm in winter and cool in summer
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Put fresh towels in the bathroom
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Set the formal dining room table and set the outside table as if you were expecting guests
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Have fresh fruit in your fruit bowl
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Ensure dogs/cats are not in the home and it is free from any ‘pet’ smells
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Make the house nice and tidy BUT not to the point where it looks barren and as if no one actually lives there
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Hose down paths, lawn and flowerbeds well before the open
☐
Put on all lights and lamps
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Light any candles you have for the open
☐
Relax, go and have a coffee at a friend’s house or café and leave the rest to your Elite specialist, because three is a crowd and the potential buyer will feel like an intruder if you are there.
THE BEST MARKETING When you sell your home with me you will get nothing less than the highest quality photography, styling, advertising and marketing material available in the industry. Our marketing costs are highly competitive and I know that “like for like” you will find them hard to beat. Please note: •
We will prepare your Form 1/Cooling off documents for you at no cost.
•
We do not inflate your marketing investment. It is all “At Cost”!
•
There is no upfront marketing to be paid.
INTERNET AND SOCIAL MEDIA Why the internet and social media? The internet is the fastest growing marketing medium, accessed by millions of Australian users on a regular basis. The popularity of searching for properties on-line continues to grow, making the internet an essential element in your marketing campaign. Many of your property’s best features can be promoted in full colour, allowing prospective buyers to inspect your home at its best, 24 hours a day, without imposition. Your phone is not just for making calls anymore!! We communicate in more ways than ever.
FOUR WEB SITES FOR GREATER EXPOSURE 4.2/8-9 North Esplanade, Glenelg North, ...
4.2/8-9 North Esplanade, Glenelg North, SA 5045
4.2/8-9 North Esplanade, Glenelg North, SA 5045 4.2/8-9 NORTH ESPLANADE, GLENELG NORTH 5045
4.2/8-9 North Esplanade, Glenelg North
BROCHURES, SIGN & FLYERS
Spectacular Custom Built Courtyard Home! complete luxury & all class - a cut above the rest
Plympton Park 25 Browning Avenue
A3 Brochures
Plympton Park 25 Browning Avenue
ELITE Real Estate SA 10/601 Anzac Highway, Glenelg North, SA 5045 t: 7231 0667 | f: 8376 7986 | RLA 269383 ELITEREALESTATESA.com.au
Esplanade Living Without the Price Tag!
For Sale
any belief onewould way or theyou other in its accuracy. We do accept Perfectly placed on the Esplanade have where else want to be? If not you any responsibility to any person for its accuracy and do no more than are looking for the perfect place to pass start out, slow parties downshould or you might even it on. All interested make and rely upon their be own enquiries in order to determine whether or not this information is in fact looking for the next addition to youraccurate. investment toverify have this While everyportfolio, endeavour hasbe beensure made to the correct detail in this brochure, neither the Printer, Agent nor Vendor accepts one on your list. liability for any error or omission, this brochure is provided as a guide
Steve 0410 507015 138 Jamie Krause Thompson 0411 658 jamie.thompson@eliterealestatesa.com.au steve.krause@eliterealestatesa.com.au
The above information has been furnished to us by the Vendor. We have not verified whether or not that information is accurate and do not
Jamie Thompson Jamie Thompson 0411 015 0411 015658 658 jamie.thompson@eliterealestatesa.com.au jamie.thompson@eliterealestatesa.com.au Council
City of Marion
Luxury polished porcelain tiles set the tone and the feature entrance Double Garage, Stand Alone, Council Rates $1,871.93PA niches touch also, modern square set cornices and high Water Ratesare a nice $204.57PQ Torrens Titled and on a also add to this designer look. High ceilings, down lights Landceilings Size 735sqm Built8 foot door 1997 frames also add to the appeal! The main open plan massive 400m2 (approx) in one Dateand living area is stunning, it features spacious living, dining and the of Plympton Parks best tree crisp white kitchen by Farquar is amazing! With its Essa Stone island bench almost 4 metres in length all the parties will end up here lined Avenues. Be the envy of with this island the ideal spot for a glass of wine or a cup of coffee all your friends! with friends. With its double under mount sinks, pendant lights and designer tapware, its a definite focus point of the room. Finished with gloss white cabinetry and stainless steel top of the range Miele Appliances including dishwasher, oven, gas cooktop and range hood, theres nothing but quality here. all with hinged high 5 This high end home 3 offering 3 bedrooms 1
gloss built in robes (all soft close) provide you with ample storage. The master suite is so comfy with the quality carpet and luxury For Sale ensuite. Including wall hung, double (under mount) basin vanity with Essa Stone tops, hidden his and hers cabinetry, floor to ceiling Graham Catt 0423 023 742 tiling and temperature controlled hot water! The main bathroom graham.catt@eliterealestatesa.com.au
What we love about this one:
RLA 269383
ELITEREALESTATESA.com.au
and is not to be relied upon. Another quality product from Fotobase. www.fotobase.com.au
• Two bedrooms, master with BIR, ceiling fan and balcony with ocean views. • Open plan kitchen/living/dining, the kitchen has been updated to today’s standards and features stainless steel appliances, glass splashback, Pura tap and a Fisher and Paykel dish draw. • Updated bathroom with semi-frameless shower & a second w/c. • Hard wearing tiles to the main living area, neutral tones and carpets to the bedrooms provide that homely feel. Ensuring you will have no trouble matching your furniture. • A private rear courtyard will be the perfect place for BBQ’s and allows you and your guests to enjoy the sounds and aromas beachside living provides. • Under cover carport keeps your car safely off the street. • A separate laundry and w/c downstairs for added convenience. • Split system reverse-cycle air-conditioning provides year round comfort.
is just as glamorous with feature rectified edge tiles, full size tub, semi frameless shower screen and a deep wall hung Essa Stone vanity. Through triple stacker doors, bring the outside in with your private oasis, fully landscaped and established paved courtyard entertaining area. Admire the architecture of your custom home whilst entertaining friends in a completely private setting. Surrounded by established yucca stems, drought tolerant grasses and a selection of citrus trees. With a separate utilities area, including fold down clothesline and garden shed this really has been cleverly designed. The home has purposely been fitted with an oversized ducted reverse cycle air conditioning system, so cooling and heating is almost instant and will keep you so warm now and oh so cool this summer! The double garage with remote panel lift door and drive through access is so handy and the epoxy two pack finish to the garage floor is immaculate! Internal access straight from your garage is super convenient also! Stand alone, Torrens Titled and on a massive 400m2(approx.) of land in one of Plympton Parks best tree lined Avenues, you will love living here in this immaculate home!
Hayley Wyatt 0424 963 718 hayley.wyatt@eliterealestatesa.com.au RLA 269383
ELITEReALeStAteSA.com.au
A4 Brochures ELITE Real Estate SA 10/601 Anzac Highway, Glenelg North, SA 5045 t: 7231 0667 | f: 8376 7986 | RLA 269383 ELITEReALeStAteSA.com.au The above information has been furnished to us by the Vendor. We have not verified whether or not that information is accurate and do not have any belief one way or the other in its accuracy. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. All interested parties should make and rely upon their own enquiries in order to determine whether or not this information is in fact accurate. While every endeavour has been made to verify the correct detail in this brochure, neither the Printer, Agent nor Vendor accepts liability for any error or omission, this brochure is provided as a guide and is not to be relied upon. Another quality product from Fotobase. www.fotobase.com.au
Price, Presentation and Strategy equal Results! Taking Glengowrie beyond everyone’s expectations! Call Jamie today to see how he can help you.
Jamie Thompson 0411 015 658
RLA 269383
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M 0411 015 658
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P 08 8376 3335
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E jamie.thompson@eliterealestate.com.au
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Jamie Thompson
Jamie Thompson
0411 015 658
0411 015 658
jamie.thompson@eliterealestatesa.com.au
jamie.thompson@eliterealestatesa.com.au
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For sale: 4 bedrooms, 2 bathrooms, 2 car spaces. Find out more now!
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West Beach 64A Seaview road
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Architectural Seafront Beauty
Open Sat 1.30-2.15pm Spacious 4 br, 2 storey, quality family home. Beautifully designed & built by Scott Salisbury Homes and recently, meticulously refurbished with faultless attention to detail with up to date fittings & finishings t/out. Best Offer by Wed 16th March at 1pm Guide $1.475-$1.575m Jamie Thompson 658 Richard Wedding0411 0418015 351 007
elitereAleStAteSA.com.au
rlA: 269383
WEST BEACH
Street Address Open Sunday 1.15-2.00pm $365,000 - $395,000 2 bdrms, mast with BIR & 2 way bathroom, o/p kit/liv/dine, garage with internal access & more RLA269383 Jamie Thompson 0411 015 658 Elite Real Estate SA
CONVEYANCING, STAMP DUTY AND TRANSFER FEES
CONVEYANCERS AND WHAT THEY DO CONVEYANCING, AND TRANSFER FEES Whether you are STAMP buyingDUTY or selling it is advisable to have an experienced conveyancer looking after your interests in the transaction. They liaise with banks, council, SA Water and the Lands Title Office. For the seller they will order all of the relevant searchesSTAMP from DUTY State and Local FEES Government, Revenue SA and Body Corporate Managers where applicable. For CONVEYANCING, AND TRANSFER the purchaser they can check the contract and Form 1 and answer any questions you may have. They can also advise on AND WHAT DO to have one conveyancer for the purchaser a whole range of legal matters in relation toCONVEYANCERS property transactions. It is THEY prudent and Whether anotheryoufor the seller, then if there is a dipute they can represent you and your interests without conflict. are buying or selling it is advisable to have an experienced conveyancer looking after your interests in the transaction. They liaise with CONVEYANCERS DOsearches from State and Local Government, Revenue banks, council, SA Water and the Lands Title Office. For the seller they willAND orderWHAT all of theTHEY relevant SA and Body Corporate Managers where applicable. For the purchaser they can check the contract and Form 1 and answer any questions you may Whether you buying oron selling it is range advisable to have an experienced conveyancer looking afterItyour interests in theone transaction. They have. They canare also advise a whole of legal matters in relation to property transactions. is prudent to have conveyancer forliaise the with banks, council, SA Water Lands Title Office.isFor the seller will order you all ofand theyour relevant searches from State and Local Government, Revenue purchaser and another forand thethe seller, then if there a dipute theythey can represent interests without conflict. SA and Body Corporate Managers where applicable. For the purchaser they can check the contract and Form 1 and answer any questions you may have. They can also advise on a whole range of legal matters in relation to property transactions. It is prudent to have one conveyancer for the purchaser and another for the seller, then if there is a dipute they can represent you and your interests without conflict.
DUTY PAYABLE $0 $200,000
$6,830
$300,000 $200,000 $400,000 $300,000 $500,000
$10,000 $7,255
$20,000 $7,680
$30,000 $40,000 $50,000 DUTY PAYABLE
$60,000
$8,105
$8,530
$8,955
$9,430
$70,000 $9,905
$80,000 $10,380
$90,000 $10,855
$0
$20,000
$30,000
$40,000
$50,000
$60,000
$70,000
$80,000
$90,000
$1,000,000
$11,330 $6,830 $16,330 $11,330 $21,330 $16,330 $26,830 $21,330 $32,330 $26,830 $37,830 $32,330 $43,330 $37,830 $48,830 $43,330 $54,330 $48,830
$10,000
$1,100,000
$54,330
$54,880
$55,430
$55,980
$56,530
$57,080
$57,630
$58,180
$58,730
$59,280
$20,000 $30,000 $40,000 $50,000 $60,000 TRANSFER FEE - AS AT 1ST JULY 2019
$70,000
$80,000
$90,000
$400,000 $600,000 $500,000 $700,000
$600,000 $800,000 $700,000 $900,000
$800,000 $1,000,000 $900,000 $1,100,000
$11,830 $7,255 $16,830 $11,830 $21,880 $16,830 $27,380 $21,880 $32,880 $27,380 $38,380 $32,880 $43,880 $38,380 $49,380 $43,880 $54,880 $49,380
$12,330 $7,680 $17,330 $12,330 $22,430 $17,330 $27,930 $22,430 $33,430 $27,930 $38,930 $33,430 $44,430 $38,930 $49,930 $44,430 $55,430 $49,930
$12,830 $8,105 $17,830 $12,830 $22,980 $17,830 $28,480 $22,980 $33,980 $28,480 $39,480 $33,980 $44,980 $39,480 $50,480 $44,980 $55,980 $50,480
$13,330 $8,530 $18,330 $13,330 $23,530 $18,330 $29,030 $23,530 $34,530 $29,030 $40,030 $34,530 $45,530 $40,030 $51,030 $45,530 $56,530 $51,030
$13,830 $8,955 $18,830 $13,830 $24,080 $18,830 $29,580 $24,080 $35,080 $29,580 $40,580 $35,080 $46,080 $40,580 $51,580 $46,080 $57,080 $51,580
$14,330 $9,430 $19,330 $14,330 $24,630 $19,330 $30,130 $24,630 $35,630 $30,130 $41,130 $35,630 $46,630 $41,130 $52,130 $46,630 $57,630 $52,130
$14,830 $9,905 $19,830 $14,830 $25,180 $19,830 $30,680 $25,180 $36,180 $30,680 $41,680 $36,180 $47,180 $41,680 $52,680 $47,180 $58,180 $52,680
$15,330 $10,380 $20,330 $15,330 $25,730 $20,330 $31,230 $25,730 $36,730 $31,230 $42,230 $36,730 $47,730 $42,230 $53,230 $47,730 $58,730 $53,230
$15,830 $10,855 $20,830 $15,830 $26,280 $20,830 $31,780 $26,280 $37,280 $31,780 $42,780 $37,280 $48,280 $42,780 $53,780 $48,280 $59,280 $53,780
TRANSFER FEE - AS AT 1ST JULY 2019 $0 $200,000
$1,591
$300,000 $200,000 $400,000 $300,000 $500,000
$10,000 $1,677
$1,764
$1,850
$1,937
$2,023
$2,110
$2,196
$2,283
$2,369
$0
$20,000
$30,000
$40,000
$50,000
$60,000
$70,000
$80,000
$90,000
$1,000,000
$2,456 $1,591 $3,321 $2,456 $4,186 $3,321 $5,051 $4,186 $5,916 $5,051 $6,781 $5,916 $7,646 $6,781 $8,511 $7,646 $9,376 $8,511
$10,000
$1,100,000
$9,376
$9,462
$9,549
$9,635
$9,722
$9,808
$9,895
$9,981
$10,068
$10,154
$400,000 $600,000 $500,000 $700,000
$600,000 $800,000 $700,000 $900,000
$800,000 $1,000,000 $900,000 $1,100,000
$2,542 $1,677 $3,407 $2,542 $4,272 $3,407 $5,137 $4,272 $6,002 $5,137 $6,867 $6,002 $7,732 $6,867 $8,597 $7,732 $9,462 $8,597
$2,629 $1,764 $3,494 $2,629 $4,359 $3,494 $5,224 $4,359 $6,089 $5,224 $6,954 $6,089 $7,819 $6,954 $8,684 $7,819 $9,549 $8,684
$2,715 $1,850 $3,580 $2,715 $4,445 $3,580 $5,310 $4,445 $6,175 $5,310 $7,040 $6,175 $7,905 $7,040 $8,770 $7,905 $9,635 $8,770
$2,802 $1,937 $3,667 $2,802 $4,532 $3,667 $5,397 $4,532 $6,262 $5,397 $7,127 $6,262 $7,992 $7,127 $8,857 $7,992 $9,722 $8,857
$2,888 $2,023 $3,753 $2,888 $4,618 $3,753 $5,483 $4,618 $6,348 $5,483 $7,213 $6,348 $8,078 $7,213 $8,943 $8,078 $9,808 $8,943
$2,975 $2,110 $3,840 $2,975 $4,705 $3,840 $5,570 $4,705 $6,435 $5,570 $7,300 $6,435 $8,165 $7,300 $9,030 $8,165 $9,895 $9,030
$3,061 $2,196 $3,926 $3,061 $4,791 $3,926 $5,656 $4,791 $6,521 $5,656 $7,386 $6,521 $8,251 $7,386 $9,116 $8,251 $9,981 $9,116
$3,148 $2,283 $4,013 $3,148 $4,878 $4,013 $5,743 $4,878 $6,608 $5,743 $7,473 $6,608 $8,338 $7,473 $9,203 $8,338 $10,068 $9,203
$3,234 $2,369 $4,099 $3,234 $4,964 $4,099 $5,829 $4,964 $6,694 $5,829 $7,559 $6,694 $8,424 $7,559 $9,289 $8,424 $10,154 $9,289
ELITE REAL ESTATE SA Elite Real Estate SA is not just another Real Estate Company. We like to think of it as an extension of our personalities. A brand that breathes and lives day by day by the same core values that all of its employees embrace. Elite Real Estate SA evolved from the already successful property management company Elite Rentals, Established in 2007. Partnering up in November of 2015 with business directors and long-time successful sales agents in their own rights Jamie Thompson and Richard Wedding, Elite Real Estate SA was born. With an ever expanding team of Sales Agents and Property Managers, combining nearly 100 years of experience in the Real Estate Industry, working together, we will provide the best outcome for you, our client, across all of your sales and rental needs. As a tight team and all with the same values, we believe that good old fashioned service is the key. The “churn and burn” mentality is widespread in our industry with business owners everywhere trying to turn their salespeople into superstars based on the amount of homes they sell. We understand that selling your most valuable asset is an emotional and personal experience. We won’t treat you or the sale of your home as just another number. It’s not a competition. We don’t do this to be famous and win an award every other month for how many homes we’ve sold. We do it because we love it and have your best interests at heart. We strongly believe that actions speak louder than words! With our loyal team of photographers, home stylists, printers and tradespeople, we have the best systems and structured our business to run smoothly and efficiently so that everything is in its place to give you, the Best Result!
GLOSSARY OF TERMS Adjustment: The appointing of expenses like council and water rates between seller and buyer Appraisal: The process of estimating the market value of a property and is conducted by sales consultants. A property appraisal involves inspecting the property and presenting a report to the client stating the approximate price that it will sell for. Auction: The process by which real estate is sold to the highest bidder. Breach of Contract: Breaking the terms of a contract. Bridging Finance: A short term loan used to bridge the gap between buying a new property and selling an existing one. Building Inspection: A thorough inspection by a licensed builder that evaluates the structural condition of a property undertaken at the buyer’s expense. Building Regulations: Designed to uphold the standards of public safety, health and construction, these regulations are in place and have been formulated by local councils to control the quality of buildings. Buyers Market: When the demand for property is less than the supply; the advantages shift with the buyers. Caveat: Meaning ‘Beware’ in Latin, is a document lodged with the Land Titles Office and recoded in the Certificate of Title, warning anyone interested in acquiring rights to a parcel of land, that another person has an equitable interest (eg. An unregistered mortgage). Certificate of Title: The legal document showing the lot dimensions, location and ownership of land with encumbrances (such as mortgage, caveat or easement) relating to the property if any. Chattels: Chattels are personal property. Real chattels are buildings and fixtures, personal chattels are clothes, furniture etc. Code of Conduct: Requires that a representative must not make misleading statements, advertise a property without written authority, advertise a property at a price or terms different from that authorised by the Principle, claim advertising costs from a seller unless the seller has approved the amount on the listing agreement form. Commission: A proportion of the sale price (generally a percentage) of a property paid to the real estate agent for negotiating the sale. Common Property (Strata): Land and buildings within the strata parcel, which are not part of a strata title lot, is known as Common Property. Each proprietor owns an interest (share) in the common property (ie. Possibly the exterior of the building and possibly garden areas and driveways) together with the proprietors of the other strata title lots as Tenants in Common in proportion to their unit entitlement as reflected within the strata plan or surveystrata plan. Community Titled: Common ground is shared and the insurance over the common ground is split between all within the group. Community titles are often used in developments of modern home units and townhouses, which require a facility to incorporate a common driveway in the development.
Contract for sale: An agreement in writing that details the terms and conditions in regards to the sale/purchase of a property. Conveyancing: The legal process for transferring property ownership from one entity to another. Covenants: The requirements for an owner of a property to do something (positive covenant eg. Have a brick and tiled roof), or refrain from doing something (negative covenant, eg. Changing the brick and tiled roof to zincalume). Covenants are frequently used by town planners, developers or strata companies to maintain the character of an area and enhance property values. Deed: Legal title documents proving ownership. The deeds will be held by the mortgage lender. Deposit: Usually 10% of the purchase price of a property placed in trust as evidence of intention to buy. The deposit goes towards the purchase price when the sale goes through. Easement: The rights to make specific use of another person’s land (easement benefit), or to prevent or restrict the use of another person’s land in any specific way (easement burden). Easements can be created in writing or, under common law, by usage (implied), eg. By allowing your neighbour to use your land as a shortcut for a long period of time you may be creating an implied easement. Encroachment: When a building overhangs someone else’s property or a fence is built over the dividing line between two properties. Encumbrance: An interest or right in real property which diminishes the value of the fee but does not prevent conveyance of the fee by the owner. Any impediment to the use or transfer of land, including such things as easements, mortgages, caveats, notices of intention to resume, leases etc, which are usually registered on the title. Equity: The difference between the market value of the property and any loans that are outstanding on the property. Exclusions: Any item that is specifically not included in the sale of a property eg. an above ground pool, garden shed etc. Exclusive Agency: One agent or agency has the exclusive rights to sell a property Fittings: Objects that can be removed from a property without causing damage Fixtures: Real property are permanent in nature and intention and, if removed, would leave a scar on removal eg. a brick building is a fixture on the land together with fencing. Inside the house, items such as glued floor coverings and built-in furniture are fixtures. Freehold: An owner’s interest in land where the property
and the land on which it stands both belong to their owner indefinitely.
Gazumping: If someone has agreed to sell you a property
and then sells it to someone else for a higher price, you have been gazumped.
Inclusions: Lights, curtains, blinds, ceiling fans, air-
conditioning units, flyscreens, TV antenna, dishwasher, rangehood, stove, fixed cupboards, clothes hoist or any other removable item that the seller has agreed will be included in the sale.
offered at a price and should a prospective buyer express interest, negotiations commence. R-Codes: The common name for the residential housing
Investment: The purchase of an asset, such as real
estate, with the ultimate goal of producing a capital gain on the resale of the asset.
density codes, which describe the average land area required for the construction of a dwelling on a block of land. The R-Codes are often referred to by property developers who are considering the redevelopment potential of a property.
Joint Tenants: Form of ownership where each tenant
Reserve Price: The minimum price a seller will accept
owns an equal and undivided share of the estate and there is a right of survivorship. Thus, on the death of one joint tenant, the survivor retains an undivided right to the entire estate which is not subject to the rights of the deceased co-tenant. Land Tax: Value-based levy applied to some property
(exemptions include principal place of residence).
Leasehold: The interest in land of a person who owns a
lease granted by a freeholder.
Listing Agreement: Before a property can be offered for
sale, there must first be a valid written authority for the listing, signed by the seller in favour of the agent (stating the price of the property, the date of execution and the length of the listing). This is a requirement under the Real Estate and Business Agents Act 1978. Without written authority, an agent is not entitled to a commission for the sale.
at auction.
Right of Way: Right of access across a property. Security: Property offered as backing for a loan, most
commonly for home loans.
Seller’s Market: When the demand for property is
greater than supply. The result is greater opportunities for owners who may find purchasers willing to offer the asking price or even a figure greater than the asking price. Settlement: Completion of sale when the balance of
contract price is paid to the seller and the buyer is legally entitled to take possession of the property. Stamp Duty: A state tax on conveyance or transfer of
property, calculated on the total value of the property. Strata Plan: The Strata Plan has a number of pages
and a buyer is willing to buy a property. This assumes that there is sufficient activity in the marketplace to generate enough buyers and sellers so that neither party controls the price.
including a location plan and a floor plan. The location plan indicates the position of all buildings (if applicable) in relation to the boundaries. There is a different floor plan for each floor or level of a building. The floorplan indicates the position, floor shape and floor area of each lot and is noted with the lot number or part lot number.
Mortgage: Legal agreement on the terms and conditions
Strata Title: Another popular form of property title. A
Market Value: The price at which a seller is happy to sell
of a loan for the purpose of buying real estate.
Mortgagee: One who lends the money for the property. Multiple Listing: System of selling the property through
many agents.
strata title is different from a torrens title because it covers land that is shared by owners of adjoining strata titles. This shared land is known as common property. Survey Strata Plan: Survey Strata schemes differ
Negligence: An agent must carry out his/her duties with
skill, care and diligence. Failure to do so could constitute negligence.
significantly from a strata plan (which relates to buildings). Survey strata plans reflect a subdivision of land and require a formal survey by a licensed surveyor showing all dimensions, angles and areas.
Off The Plan: When you buy off the plan, you are buying
Tenants in Common: Form of ownership where each
a property before it is built, having only seen the plans. This is commonly used for apartments or units under construction or soon to be built.
Offer to Purchase: A formal legal agreement which offers
a specified price for a specified property. The offer may be firm (no conditions attached) or conditional (certain conditions apply). Option to Buy: Legal agreement giving the buyer the
right to purchase property at an agreed time and price. Passed In: When the highest bid at an auction does not
tenant has an undivided interest in the entire property. Each tenant has the right to possession of the whole property. There is no right of survivorship. Each tenant has a distinct proportionate interest in the property. Title Search: The process of examining the land title
to ensure the seller has the right to sell and therefore transfer ownership. A title search details the names of the owners and other particulars about the property such as encumbrances or caveats on the title. Torrens Titled: You own the house and the land.
meet the reserved price set on the property. In effect, the property doesn’t sell at auction.
Transfer: Document registered in the Land Titles Office
Plan: This shows the ground plan design, elevation of
Unencumbered: Property free of covenants or other
house, number and size of rooms, kitchen, bathrooms and laundry layout and position of the house on the land. Private Sale: When a seller does not engage an estate
agent for the marketing and sale of their property but acts on their own behalf, dealing directly with the buyer. Private Treaty: The term used for all non-auction and
tender transactions. The agent accepts an appointment to present the property for sale to interested parties and attracted as a result of advertising. The property is
recording change of ownership of a property. restrictions.
Valuation: A property valuation is the process of
estimating the value of a property and is conducted by a licensed valuer. Vendor: Person offering a property for sale, also known
as the seller.
Zoning: Local Government or Planning Authority control
of the use of land, such as business, residential, light, offensive or heavy industrial
Jamie Thompson 0411 015 658 jamie.thompson@eliterealestatesa.com.au ELITE Real Estate SA
636 Anzac Highway, Glenelg East RLA269383 Sales (08) 7231 0667 | Rentals (08) 8376 3335 | Facsimile (08) 8376 7986 ELITEREALESTATESA.com.au