Feb 2023 The Forest Life Newsletter

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The best kept secret through the eyes of your local agent

LOCAL AGENT

FromattendingKambora PublicSchoolasa studenttoSalesManager forLJHookerForest.

Shaneissomeonelocals havebeentrustingfor over16years.

SHANE BROEKMAN 0404 044 280

SHANEB@LJHFF.COM.AU

Whenthesuburbrecordsare heldbylocalagents.

ByShaneBroekman

FrenchsForest'sLocalAgent

When it's time to sell your home, the temptation to consider out of area agents can be strong when they often promise buyers with larger budgets. However, looking at the local stats you will notice that the suburb records for residential properties in FrenchsForest,BelroseandDavidsonareheldbylocalagents

Many of those homeowners that do select out of area agents advise us that it was due to purchasing through that agent that resulted in the decision to use them. However, it is important to rememberthattheagenttheyboughtthroughmightbeastand up person in the area that they specialise in, but, this often meansthey'renotasexperiencedinTheForest,missingkey...

THEFORESTLIFE INSIDETHISISSUE:

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RecentSalesandForSale-Pg3

HowtoRefinanceYourLoan -Pg4

F E B R U A R Y 2 0 2 3
S C A N M E S C A N M E S C A N M E F O R E V E R Y S O L D P R I C E

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sellingfeaturesofthelocalarea Afterall,we definitelysellyourhomeandthebestfeatures about it, but we also sell the lifestyle attached to your home and how it can specifically benefit the buyer. This includes schooling for their children, sporting opportunities, shopping, bus services, future development proposals and the best places to grab a coffee or a quality meal Things that an out of areaagentunderstandablywouldn'tknow,but for a true local agent, have actually experienced themselves and can speak first handlikemyself.

Buyersaren'tloyaltoagents

Iwouldn'texpectbuyerstobeloyal,asit'stheir nexthometheyaresearchingfor

Whentheperfectpropertycomestomarket,a buyerwillnaturallygothroughthepropertyto ensure it is right for them, regardless of an affiliation with a different agent. And, if it is perfect, won't decide not to buy just because theirfriendoraknownagentisn'tsellingit

Sofocusingonselectingtherightagenttosell yourhomeshouldalsoincludelookingattheir specialtyareastoensuretheyknow,andhave sold, consistently in the suburb your home is located.

"Local agents specialise in the suburb and thestreetyourhomeislocated,whereoutof areaagentsaresimplysellingyourhouse."

CommonWarningSignsToLookOutFor

Just like local agents, out of area agents will haveacoreareatheyfocuson Thismeansthey willprioritisetheirlocalpropertieswhenitcomes to open house time slots which is usually between 10am and 1pm on Saturdays and Wednesdays. This leaves out of area properties for before or after this golden window when buyersaremostactiveanditcouldcostyoua

lotofmoneyifyourprimarybuyerhasalready finished their search for the day or couldn't makeittotheshowingbefore10am

Yes, the buyer can arrange a private inspection on another day with the agent, however the impact a busy open house can have on a motivated buyer is lost when they don't physically see the competition wanderingaroundthehouseatthesametime.

Another thing to look out for is selling the propertytooquickly,beforetheagenthashad time to mature the buyers, as the agent may wish to get in and get out so they are back to theircorearea.

So when you are ready to sell, don't forget it takesalocaltosellthelocalareaanditisour responsibility as local agents to know everything that is going on in the area and what is in the near and distant future for the area.

Wehaveateamofarea specialiststhatfocus specificallyonFrenchsForest, BelroseandDavidson ShaneBroekman-LJHookerForest 0404044280-shaneb@ljhffcomau

Streetrecordsmashedas74 familiesinspectthisquality home.

WithbuyerscomingfromtheNorth Shore,InnerWest,Northern BeachesanduptoDuffysForest, thishomehasdefiedthemedia andestablishedasalepricethat willbehardtotopduring2023.

Withmultiplecontractholdersand asenseofurgencyfromeach buyer,itwascleartounderstand whythishomewassocloseto settingasuburbrecordinthe currentclimate.Ifyouwantto knowthesoldprice,pleasecallme

Open

2023NEWS&INFORMATION CurrentlySelling&Sold 55PeacockPde,FrenchsForest 3BeckmanPde,FrenchsForest 22LockwoodAvenue FrenchsForest A prime location within level walking distance to Glenrose Village, schools and public transport, this modern family home is ideal for families seeking a relaxing lifestyle with little to do 3858 web views 67,788 social media views 60 genuine inspections 5 offering parties 13 offers $1 5m over previous street record
plan
home is
located
a
street
moments to parks, shops, schools and public transport.
home will
and beautifully renovated, this
ideally
with
quiet
just
This
not last long
4bed|2bath|2car|696m2 4bed|2bath|2car|pool 4+bed|3bath|2car|696m2 5 bed | 3 bath | 2 car | 760m2 InterestIncreasing SOLD$3,090,000 ComingSoon Sold by Shane Broekman - 0404 044 280 CallShaneBroekmantodiscussyourrealestateneeds:0404044280 visit: www.theforestpropertynews.com.au for more updates & market news
Belrose

HowtoRefinanceYourHomeLoan

Australianmortgageholdersaretypicallyreluctanttoswitchhomeloans,evenafternine consecutiveinterestraterises.However,awaveofsuccessivehikeshasforcedmanyinto action.So,areyouwonderinghowtorefinanceyourhomeloan?

While it may seem like a hassle to swap lenders, it is well worth making an effort. Refinancingcannotonlysaveyouhundredsof dollarseverymonth,butitcanalsoreducethe length of your loan and even unlock potential equityforinvestmentproperties.Soonceyour honeymoon period with your existing lender is over, usually after a year or two, it is time to check that you are on the best deal. A discountonyourhomeloan,evenasmallone, canmakeabigdifferencetoyourbudget

Refinancing is also more than just searching for the cheapest interest rates Lenders now provide a range of products such as an offset account or redraw facilities, and even the abilitytoconsolidatedebts

Wheretofindhelp?

A mortgage broker or lending specialist acts as an intermediary between you and the banks. Like finding a real estate agent, you should take the time to meet with a few experts to find the best match for you. Under current regulations, these specialists must providethreeproductsforcomparison

If you are self-employed, have past credit issues or are a first home buyer with a limited deposit, you may be best finding someone withexpertiseinthisarea.

How long does it take to refinance a home loan?

The time needed to refinance your home loan depends on the bank or lender It can take as little as a few days to as long as six weeks.

Being organised will speed up the process and allow your application to be reviewed morequickly OnesilverliningtotheCovid-19 pandemic is that it streamlined the process, making it easier for borrowers to swap lenders

Acommonmistakeistochooseabank basedoninterestrateswithoutchecking whetheryouwillfittheirlendingcriteria,only tofindthattheapplicationiseventually rejected.Thisiswherealendingspecialist canhelpyousavetimebymakingtheright choice.Yourlendingspecialistormortgage brokercanhelpyouweightheprosandcons ofanewdeal Theywillusuallypresentyou withthreeloanofferoptions,butitisyou,the customer,whomakesthefinaldecision.

Anddon'tforget,itisacompetitivemarket outthere.Yournewlendermaybewillingto waiveanapplicationfeecharge Oftenitisa matterofifyoudon'task,you'llneverknow!

0404044280

shaneb@ljhff.com.au

ShaneBroekman
Forest
2023NEWS&INFORMATION

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