Short real estate auction campaigns tempting sellers ahead of holidays
Property sellers are hoping to capitalise on strong real estate activity, opting for short auction campaigns ahead of the Christmas holiday period, says James Pratt of Raine & Horne.
There is a window of opportunity for property buyers in the remaining 60 days until Christmas, according to James Pratt, Director Auction Services, Raine & Horne.
Raine & Horne partners with lawlab for online conveyancing
“We’re so excited to be giving agents and their clients the means to save time and increase productivity and efficiency,” says Dawn Inanli, Raine & Horne.
Almost 80% of landlords fail to maximise depreciation claims against their investment property, potentially missing out on thousands of dollars come tax time.
With negative gearing only available for investment in newly-built residential property existing investors will find it more difficult to sell their properties as other investors will show little interest in existing property with inevitable falls in value to follow.