Shane is CEO of Professionals Real Estate Group. After a dedicated 5 year career with the military which included working with the SAS, Shane built a highly successful career within the property and construction sectors. He is the former CEO of one of Western Australia's leading real estate groups, part owner of the number one office of an opposing national real estate brand, a business coach and performance trainer who has had his own successful sales career. He is also former Chairman of Joondalup Brothers Rugby Union Football Club and current WA President of an Ex Service Organisation.
While only a small percentage of home sellers decide to do sell their own home, they should be fully aware of the potential losses before considering it.
With the overall national property market moderating, this gives the capacity for The Reserve Bank to cut interests even further during 2015 without any major concern that this will fuel a property boom.
Many homeowners make the mistake in believing their property is worth significantly more than other similar properties in the suburb because they are emotionally attached to the home.
Setting the correct selling price for your home is all about obtaining local market knowledge.
This warning is very timely as it is expected that house prices in most parts of WA will remain fairly steady during 2015 and therefore there will be no significant capital growth to offset any major expenditures on home renovations.
Key issues to consider when building a home near the coast.
The reality is that it is now becoming much more challenging for individuals to manage their own properties as the legal responsibilities relating to rental properties become more complex.
First home buyers should excise caution when buying a new block of land because of the wide choice of building lots that are now available.
This rate cut was the right decision to make taking into account the slowdown in the resources sector.
West Australian homeowners should seriously consider using their home equity to take out a second home loan to buy an investment property.