How to beat the competition in a fast-selling property market

first_imgCompetition for inner-city property in Brisbane is heating up. Picture: Chris HigginsCOMPETITION for inner-city property is heating up, with a shortage of stock seeing homes snapped up fast.Real Estate Institute of Queensland chairman and Bees Nees City Realty managing director Rob Honeycombe said it was becoming more common for Brisbane properties to receive multiple offers.Mr Honeycombe said there was a shortage of stock in the inner Brisbane market, so good property at fair prices was selling quickly.“We’re at an interesting point in the market where people aren’t wanting to sell but there’s still a reasonable number of buyers,” he said.When houses are selling fast, you’ve got to be faster than rival buyers.So, how can buyers compete? These three tips will help your offer come out on top.1. Get on to real estate agents’ data basesFind out what’s coming up before everyone else by contacting agents in your preferred neighbourhoods. Some agencies have weekly alerts you can sign up to which give buyers a chance to hear about and inspect new listings before they’re launched to the market. “We often have owners wanting to sell but unsure if they’re up for a full campaign, and their properties are offered off-market to our database.”“There are some excellent opportunities, often with far less competition from other buyers. “Sellers can save thousands with this method so buyers often share the benefits.”More from newsMould, age, not enough to stop 17 bidders fighting for this home6 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor6 hours ago GET THE LATEST REAL ESTATE NEWS DIRECT TO YOUR INBOX HERE 2. Get smarter about searching online Instead of letting an online search sort properties to the default setting of ‘most relevant’ or ‘featured’, try sorting by price order.That way you might find something that suits for less than you expected.“It’s also a great way to find out what a seller really wants when there’s an auction or no advertised price, as they have to authorise the search price in the back end of the online listing.” These are the Queensland suburbs where if you take your time you could miss out 3. Look at older listings first This tip could save you thousands. Try sorting the online search results by oldest listing first and you can often negotiate more easily with the seller.According to Mr Honeycombe, usually after 30 or 45 days on the market a new advertisement will expire and revert to standard listing, and unless the seller coughs up more money it will become harder to find in the default-ranked results. “So here’s the opportunity — when do you think many sellers adjust their asking prices if they’re not sold? Their competitively-priced listings, ripe for the picking, are tucked away in the basic web ads and missed by the vast majority of other homebuyers.”last_img read more

Chris Paul and Clippers go wild on Thunder in 122-105 romp in Game 1

first_imgGame 2 is here Wednesday.Paul made his first eight 3-point baskets on his way to a game-high 32 points. He had 17 first-quarter points and made all five of his 3-pointers in those first 12 minutes. He made 12 of 14 from the field overall and, showing he’s human on a night when he was otherworldly, missed his ninth 3-point attempt.Keep in mind Paul is nursing a sore right hamstring. He didn’t look like it, though. He did not play in the fourth quarter. Neither did three of the other starters. They didn’t have to.“Me and Blake (Griffin) talked about it at shootaround this morning,” Paul said. “We were still a little tight from the traveling, but we talked about it and said, ‘At 8:30, we’ve gotta be ready to go.’“So I came over here early before the game and got a lot of shots up, so I think that had a lot to do with it.” OKLAHOMA CITY >> Chris Paul, Mr. 3-pointer.“That’s what I do, that’s what I do. That’s a lie,” he said, laughing.Paul and the rest of the Clippers were in a terrific mood late Monday, and for good reason. Thanks to a prolific shooting night by Paul and just a strong, overall performance by the entire team, the Clippers walloped the Oklahoma City Thunder 122-105 in Game 1 of their Western Conference semifinals series in front of 18,203 at Chesapeake Energy Arena.The fans who were loud at the outset quickly were hushed by Paul and Co. The game was not that close, either, as the Clippers led by as many as 29 points in the fourth quarter. Newsroom GuidelinesNews TipsContact UsReport an Errorcenter_img Paul also had 10 assists.Clippers coach Doc Rivers noticed Griffin didn’t go to the post as much as usual because he saw how hot Paul was at the outset, so he stayed outside more to help set screens.“When somebody’s going like that, you just want to try to stay out of the way as much as possible, but also help keep that fire going,” Griffin said.Thunder coach Scott Brooks was stunned, to be sure. Like the Clippers, his team had just survived a tough, seven-game first-round series. But as the No. 2 seed, Oklahoma City had home-court advantage. Not anymore.“Chris Paul had an unbelievable 3-point night,” Brooks said. “We have to do a better job of guarding the line and guarding the ball.”The Thunder actually led 16-10 before Paul went off. By the time the first quarter ended, the Clippers were up 39-25. They led 69-52 at intermission and 104-76 entering the fourth quarter.Griffin contributed 23 points, five rebounds and five assists. Jamal Crawford had 17 points off the bench and went 6 of 11 from the field, including 3 of 6 from 3-point range.The Clippers shot 54.9 percent (45 of 82) overall from the field, including 51.7 percent (15 of 29) from beyond the arc.J.J. Redick had 12 points for the Clippers and Matt Barnes had 10.Russell Westbrook scored 29 for Oklahoma City and Kevin Durant had 25.Westbrook was asked if his team may have let up after starting off well.“I don’t think we relaxed, they just hit some tough shots,” he said.Westbrook and Durant understandably were disappointed.“It’s a quick turnaround, we only have a day between games,” Durant said. “That’s the best part about it.”The Clippers’ bench had 38 points, which was good but not spectacular. Still, Rivers correctly noted the second unit built a 14-point first-quarter lead to 19 points in the second.“Other than Chris Paul setting the tone, I thought the bench was the key to the game tonight,” Rivers said.Crawford said he liked what the team did as a whole.“Coach said it was one of our most complete wins, top to bottom,” he said. “I think Chris came in and set the tone, being aggressive like that.”Paul is a career 35.7 percent shooter from 3-point range.last_img read more