Elite Real Estate - Richard Wedding - Listing Booklet by The Fotobase Group

Selling Your Home with Richard Wedding

RICHARD WEDDING I would like to thank you for the opportunity to meet and being able to show you everything that Elite Real Estate SA and I can offer, with the sale of your most important asset.

Benefits of listing with Richard

It will be a privilege and honour, to be able to look after you and ensure that we achieve the best possible result.

• Honest straight forward, informed advice

A good sense of humour, enthusiasm and being able to create an instant rapport with both buyers and sellers is always a pivotal factor in being able to negotiate great results, encouraging buyers to feel comfortable paying their highest price, when they fall in love with their dream home. I pride myself on following through on every promise and am passionate about the great results we can achieve together Please call me anytime to talk about real estate and how outstanding results are made a reality, with the right strategy and advice. Repeat business and word of mouth - there can be no higher compliment to me, when a client is confident to recommend me to their friends and family. My goal is to treat every client with the respect and integrity they deserve and to make them clients for life.

Richard Wedding Director / Sales Consultant P. 0418 351 007 E. richard.wedding@eliterealestatesa.com.au

You will receive:

• A highly skilled, trained negotiator • The benefits of 25 years successful real estate expertise • The highest possible price • 7-day service You will also be kept informed every step of the way and, most importantly, have “someone in your corner” who is acting in your best interests always!

TESTIMONIALS Very Good Agent... highly recommend! I recently used Elite Real estate with Richard Wedding and was absolutely amazed with the way Richard handled our father’s estate giving us the best return we could have had. I have always been very sceptical on many Real Estate agents as they are mainly all care and no responsibility, in the case of Elite, Richard really took care of Dads estate and took the time out to ensure we (my brother and I) were always in the loop after every opening and meeting he had with prospective buyers.

D L O

6 Prosser Avenue Norwood

The result was “Amazing” We chose Richard because of his open and honest communication with us. His knowledge of the area and real estate business gave us every confidence in his ability to act on our behalf. Richard was always available and promptly kept us up to date with events. He provided a clear plan to auction and executed the plan professionally. The result was outstanding! We certainly enjoyed working with Richard and will do so again, when and if the need arises.

L O S

66 Fawnbrake Crescent West Beach

Highly recommend and will use Richard again! Richard knew the market extremely well and helped/guided us in presenting the property in a way that enabled it to sell within a few weeks of the first open. He organised ‘staging’ with great brochures and excellent online exposure. Richard was in constant contact with us, updating us along the way via phone and email and home visits. We were very happy with the final outcome and will certainly use Richard again for any future sales. Highly recommend you consider his services.

L O S

2/22 Tennyson Street Kurralta Park

Best advice and support My wife and I were recommended Richard by a friend. We were in the awkward situation of trying to sell our property while living in Ceduna. This was something we were apprehensive about given the difficulties with finishing the build while being 9 hours away. Well we needn’t have worries because Richard and his partner Steve were out of this world amazingly helpful. They were on hand for every request we could make. I can’t speak highly enough of the service they gave. 10/10 will use them again!

D L O

4 Brenthorpe Road Seaton

The agent we trust! Having Richard as our agent gave us great results, peace of mind and complete confidence. Richard combines superb knowledge of the housing market, reliability, hard work and wise advice with a personable, completely ethical, warm style. We wholeheartedly commend Richard to anyone wanting their property sold in a timely fashion, with minimal stress. You know that Richard will work hard for you and get the best result possible.

D L O

35 Hyman Avenue Edwardstown

Amazing Result. Richard has been in all respects outstanding: personable, polite, knowledgeable, considered, conscientious and sound in judgement. He offered sensible, market based, advice in respect of all phases of the selling process and was throughout measured and straight in his dealings with us. Thanks to his approach, our property sold well. He has been most generous in assisting us since. He is a person of substance and decency, whose commitment to his clients is warm, sincere and genuine.

L O S

3/241 Esplanade Henley Beach

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.

PRESENTING YOUR HOME When it comes to real estate and making your home look like the perfect show home, there are a few changes that will make a great first impression. A well-presented home will not only stand out from the crowd and encourage more inspections, it can ensure a higher sale price. On the other hand, a home that looks shabby and neglected may turn prospective buyers away even before they’ve had an inspection. The first thing you should pay attention to when preparing your home for sale is street appeal. If it doesn’t look appealing from the outside, potential buyers may not be interested in seeing more. First impressions count, an inviting exterior will encourage inspections of the interior. Take a look at the property with fresh eyes and put yourself in the position of the potential buyer. • Walk away from your house, then walk back in – note every negative detail such as dead or scraggly plants, scuffed paintwork, dust and faded curtains… EVERYTHING! • If it’s broken, fix it. If it’s dirty, clean it. Leading up to the home’s front door • Begin garden improvements as soon as you decide to sell. This will give time for new plants or fertilised grass to become established. • Mow the grass (and nature strip), weed and tidy up any garden beds, including adding new plants • Keep the pathways weeded and swept • Cut back overhanging branches • Remove all junk, rubbish and evidence of pets • Paint the gate and the letter box if needed • Store tools and bins appropriately • Wash your windows and remove cobwebs under verandahs, carports and windows • Check all hidden areas where a buyer might look, such as flaking paint on eaves, posts and window sils may need a touch-up. Check if your front door needs painting or cleaning, remove any debris from gutters. The Exterior • Up to a point, repair and repaint any part of the home that looks run down or shabby such as the gutters, facia, doors and windows. • Check and fix rotten timber which is part of stairs, railings, decking etc. • Generally clean the exterior • Sparkling windows and clean frames make a big difference The Interior • Wash down the walls and ceilings. At a minimum remove any stains wherever they are. Skirting boards are often overlooked. • You may need to get the carpets cleaned

• Door and window frames should be cleaned and painted if required. • Fix dripping taps, lights, creaky floorboards or loose knobs and handles. • The kitchen and bathroom(s) must be spotless – remove any mildew and clean the grouting. • A new shower curtain is inexpensive and is a great idea • Buyers inspect any appliances that are being sold with the house, so these should be clean and in working order.

*** Make sure your cash, jewellery, valuables and prescription medication is secure during all viewings. *** Neutralise • Get rid of loud wallpaper and controversial artwork • Defuse lingering odours by using oils/candles. Cigarette smoke, animal and food smells will remain in the buyers memory well after the inspection. • Put flowers in rooms that need some ‘warmth’ Reduce De-cluttering your home is the most important thing to do inside your home. De-clutter excess furniture and old treasures. Perhaps consider a garage sale before you sell. Buyers wish to see more space and less stuff. • Clean out wardrobes, drawers, bookcases and linen cupboards • To increase a sense of spaciousness, put excess furniture into storage/cupboards and open curtains and blinds • Items you do want to keep, should be neat – place visible clothes on smart hangers all facing the same way • Stack books and games • Give kitchen cupboards an overhaul Small touches that work wonders • Clear the street in front of your house of any litter • Organise all outdoor tools and coil hoses • Buy a new doormat • Make sure outdoor lights are working • Repair any loose knobs, sticking doors and windows • Open up curtains and blinds for as much natural light as possible and switch on all lights and lamps Staging Staged homes sell quicker and for better money. So why wouldn’t you. Other things to remember If you have a swimming pool or spa, you will need to comply with the current’ regulations. You may want to check the ‘current’ smoke alarm legislation and we will be happy to discuss this with you.

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

☐

Put fresh towels in the bathroom

☐

Set the formal dining room table and set the outside table as if you were expecting guests

☐

Have fresh fruit in your fruit bowl

☐

Ensure dogs/cats are not in the home and it is free from any ‘pet’ smells

☐

Make the house nice and tidy BUT not to the point where it looks barren and as if no one actually lives there

☐

Hose down paths, lawn and flowerbeds well before the open

☐

Put on all lights and lamps

☐

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 $795,000 - $835,000 2 Dune Court West Lakes Shore

2 Dune Court West Lakes Shore

$795,000 - $835,000 2 DUNE COURT WEST LAKES SHORE

$795,000 - $835,000

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

ELITE Real Estate SA

Plympton Park 10/601 Anzac Highway, Glenelg North, SA 5045 25 Browning Avenue t: 7231 0667 | f: 8376 7986 | RLA 269383 ELITEREALESTATESA.com.au

Esplanade Living Without the Price Tag!

For Sale

have any belief one wayelse or the other in its you accuracy. We doto notbe? acceptIf you Perfectly placed on the Esplanade where would want any responsibility to any person for its accuracy and do no more than are looking for the perfect place toAllstart out, slow down or rely you might even be pass it on. interested parties should make and upon their own enquiries in order to determine whether or not this information is in fact looking for the next additionaccurate. to your investment sure have this While every endeavour portfolio, has been madebe to verify the to 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 507 138 Jamie Krause Thompson 0411 015 658 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 Richard Wedding 0411 015 0418 351658 007 jamie.thompson@eliterealestatesa.com.au richard.wedding@eliterealestatesa.com.au

Double Garage, Stand Alone, Torrens Titled and on a massive 400m2 (approx) in one of Plympton Parks best tree lined Avenues. Be the envy of all your friends!

Luxury polished porcelain tiles set the tone and the feature entrance niches are a nice touch also, modern square set cornices and high ceilings also add to this designer look. High ceilings, down lights and 8 foot door frames also add to the appeal! The main open plan living area is stunning, it features spacious living, dining and the 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 with this island the ideal spot for a glass of wine or a cup of coffee 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. This high end home offering 3 bedrooms all with hinged high gloss built in robes (all soft close) provide you with ample storage. The master suite is so comfy with the quality carpet and luxury ensuite. Including wall hung, double (under mount) basin vanity with Essa Stone tops, hidden his and hers cabinetry, floor to ceiling tiling and temperature controlled hot water! The main bathroom

RLA 269383

ELITEREALESTATESA.com.au

and is not to be relied upon. Another quality product from Fotobase.

What we love about this one: 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!

A4 Brochures

Price, Presentation and Strategy equal Results! Taking Glengowrie beyond everyone’s expectations! Call Jamie today to see how he can help you.

Richard Wedding 0418 351 007

RLA 269383

M 0411 015 658

P 08 8376 3335

E jamie.thompson@eliterealestate.com.au

DL Flyers

For Sale West Lakes Shore 2 Dune Court

Your New Beachside Entertainer!

Richard Wedding

0418 351 007 richard.wedding@eliterealestatesa.com.au

Hayley Wyatt

0424 963 718 hayley.wyatt@eliterealestatesa.com.au

8x4 Signboard

For Sale For Sale WestLakes LakesShore Shore Goodwood West Devon Street South 2Dune Dune Court 253 Court

Inside! Your New Beachside Entertainer! 3 2

West Lakes Shore Modern Stylish, theEntertainer! Surprise is New&Beachside 2Your Dune Court

• Deceptively spacious inside with multiple living areas. Richard Wedding Your New Beachside Entertainer! • Finished to perfection with 0418 351 007 luxury appointments. richard.wedding@eliterealestatesa.com.au Richard Wedding • Enclosed atrium style outdoor entertaining area. 007 0418 351 richard.wedding@eliterealestatesa.com.au • The kitchen is every budding Richard Wedding master chef’s dream. Hayley Wyatt 351 007 • Two0418 stunning bathrooms. richard.wedding@eliterealestatesa.com.au • The rear yard963 is low0424 718 hayley.wyatt@eliterealestatesa.com.au maintenance and easy care.

Hayley Wyatt

0424 963 718 hayley.wyatt@eliterealestatesa.com.au

6x4 Signboard

PRINT MEDIA OPTIONS

New ReleASe

New NeW ReleaSe NEW ReleASe RELEASE

Glengowrie 24 Helmsdale Avenue

Saturday & Sunday 1-1:30pm

Stunning Character Bungalow!

An Entertainers Paradise! Perfect for the largest of families, this amazing 5 bedroom home 3 2 2 West Beach 64a Road has 3 bathrooms, 3-4Seaview living areas, plenty of undercover parking, an awesome outdoor entertaining area and it’s on a big block with room for a pool! On 766m2(approx.), this grand Stylish Seafront living Best! residence is something you’ll at be its proud to call home for many years to come. With a perfect This Sub Penthouse luxury oceanfront executive is perfectly blend of restored character features and modern apartment day conveniences this positioned one’s goingintothe be qualitypopular! “Northshore” complex, absolute frontage super Too many features to list, beach don’t miss this! on the North Esplanade & offers breathtaking views. Featuring 3 bedrooms, 2.5 stylish bathrooms, oceanfront balcony, master chef’s kitchen, 2 living areas, 2 secure car parks, storage cage, guest parking & more...

Best Offer by Monday 18th April (USP). For Sale Richard Wedding Thompson Jamie Thompson 0418 015 351658 007 0411

jamie.thompson@eliterealestatesa.com.au richard.wedding@eliterealestatesa.com.au jamie.thompson@eliterealestatesa.com.au

$910,000- -$1,400,000 $990,000 $1,350,000

RLA 269383 269383 RLA eliteREALESTATESA.com.au eliteREALESTATESA.com.au

NeW NEW ReleaSe RELEASE

Plympton Park 25 Browning Avenue

Spectacular Custom Built Courtyard Home!

Glengowrie 24 Helmsdale Avenue

Sat & Sun 12-12:30pm

Saturday & Sunday 1-1:30pm

Stunning Character Bungalow!

Architecturally designed and built in 2011 by the award winning Regent homes this custom courtyard stunner is all class. Offering 3 bedrooms, all with high gloss hinged built in robes, spacious open plan living, spectacular deisgner kitchen with Essa stone bench tops and Miele appliances, polished porcelain tiles, quality carpet, square set cornices, high ceilings, 8 foot door frames, triple stacker doors to resort like private entertaining area, luxury bathrooms with Essa stone vanities (double to ensuite), ducted r/c a/c, double drive through garage with epoxy 2 pack flooring and so much more...A must see! This spectacular home truly warrants your inspection, you won’t be disappointed!

Best Offer by Tuesday 23rd August (USP).

Best Offer by Monday 18th April (USP). For Sale

Richard Wedding Jamie Thompson 0418 015 351 658 007 0411

richard.wedding@eliterealestatesa.com.au jamie.thompson@eliterealestatesa.com.au

$560,000-$610,000

Richard Wedding Wedding Jamie Thompson 0418 015 007 351 658 007 0411

RLA 269383 eliteREALESTATESA.com.au

richard.wedding@eliterealestatesa.com.au richard.wedding@eliterealestatesa.com.au jamie.thompson@eliterealestatesa.com.au

$910,000- -$1,400,000 $990,000 $1,350,000

RLA RLA 269383 269383 eliteREALESTATESA.com.au eliteREALESTATESA.com.au

Messenger Press Advertising

NEWRELEASE RELEASE NEW

West Beach 64A Seaview road

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 Richard 351 007 RichardWedding Wedding0418 0418 351 007

elitereAleStAteSA.com.au

The Advertiser

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 Richard Wedding 0418 351 007 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

$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

$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.

Sellerâ&#x20AC;&#x2122;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 doesnâ&#x20AC;&#x2122;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

Richard Wedding 0418 351 007 richard.wedding@eliterealestatesa.com.au ELITE Real Estate SA

636 Anzac Highway, Glenelg East RLA269383 Sales 0418 351 007 | Rentals (08) 8376 3335 | Facsimile (08) 8376 7986 ELITEREALESTATESA.com.au