realestatenambucca

ARE YOU ASKING YOUR ESTATE AGENT FOR A 'CMA'?

Thu, 28 Feb 2019 02:22:06 GMT

WHAT IS A ‘CMA’ ?

In real estate there are many terms, jargon and real estate “speak” that has the general public confused at times.

A CMA is one of those terms used by agents that needs an explanation. This initial step is critical in the process of listing your property for sale and care is required to ensure that this information is not mishandled or misused.

So, what is a CMA? Put simply it is a Comparative Market Analysis or a direct comparison to similar properties that have SOLD in your local area of the Nambucca Valley.

A CMA will have information regarding the sales history of your home and the details about your property e.g. land size, zoning, local government area and features of the home i.e. number of bedrooms, bathrooms etc.

The CMA will also include various charts, graphs and statistics regarding sales growth.

The most important information that a CMA will contain is the current (six months) comparable listings/sales for your local area. It is important to gauge what is currently listed and perhaps what will be your competition once you are on the market. An experienced agent will not price a home on what is sitting on the market and never achieved a sale. The main information used and the most important information is of course, what sales have occurred in recent history.

As real estate professionals, we know the local market inside and out and often can pick a sale that has occurred that may be out of line from the current trend. There are many reasons that this can occur e.g a lucky Lotto winner purchased a property in an area or a mortgagee sale that sold lower than the current market.

SO what you do as a property owner when deciding on an agent to handle the sale of your home?

Firstly, check all of the information given is recent, six months is probably as far back as you would want to go as real estate markets can be volatile and increase/decrease rapidly.

Secondly, check the agents knowledge of your local area as experience & years in the business will help to distinguish which sales are out of line that may give false readings.

Finally, be aware of the agent that wants to disregard the CMA process simply to gain your business.

The best price achievable for your property will be based on facts from actual data and the agents experience in promoting and negotiating your sale. Remember that the prime time to sell your property is when it is it first put to the market, so great care should be taken with the listing price.

Narelle and Craig and their experience sales and property management professionals bring a wealth of expertise to Nambucca River Reality.

Well established in Nambucca Heads, this reputable trio has a solid reputation for producing impressive results for their clients. Superior marketing and innovative technology enhance their success. They truly understand the lifestyle and value the uniqueness of this beautiful part of the Mid North Coast. The real estate opportunities for young homebuyers, investors, down-sizers and retirees are a drawcard. When it comes to buying, selling or protecting your assets. You are always welcome to call to discuss your goals.

Experience The Difference in the Nambucca Valley

As the Weather Hot's Up, so does the Real Estate on the Mid-North Coast!

Wed, 30 Jan 2019 04:18:01 GMT

Real Estate in Nambucca Heads – Summer Update.

Well, we are experiencing a sunny, hot summer so far on the Mid North Coast!

Nambucca Heads has seen a bumper holiday season with loads of families enjoying the river, beaches, taverns and restaurants. We have watched the camper vans, boats, surf skis etc etc making their way through the town to arrive at their chosen holiday accommodation.

The beautiful Nambucca River is sporting many craft at the moment - fishing boats, paddle boards, jet skis and kayaks to name a few and once the day draws to a close – the local watering holes/eateries are bursting at the seams!.

It appears that the recent shark attack in Nambucca has not scared away the swimmers and luckily enough the hungry big fish have not returned – yet …… ( I say this as my partner just made me sit through JAWS 2 – nothing more to say about that seventies “torture”).

Local shops have also been lapping up the extra trade that tourism brings to our wonderful region. Our little shopping strip boasts some fabulous clothes boutiques, quirky shops for the unusual and beaut cafes.

Real Estate in Nambucca has been chugging along with plenty of buyers about. Nambucca River Reality have SOLD, to name few, a fantastic investment opportunity at the Nambucca Plaza to an astute investor and a lovely home to a wonderful gentleman who sold his farm at Argents Hill, now happily settled at Nambucca Heads. A family have just purchased a home in Bent St Nambucca Heads that has distant river and mountain views looking south to Scotts Head.

With all of the media attention on the property market cycles etc; have you been trying to make sense of the Nambucca Valley property prices?

“We are seeing a lot of activity, there has been a notable rise in sales prices in the area over the last 18 months to two years, along with the rest of the nation."

In our profession we place more value in recent sales figures rather than data from the Valuer General’s Office.

"One positive outcome of the property price increase is confidence in the market to buy land with a view to build, which could in turn, create more jobs through the need for trades."

The significantly reduced travelling times and improved road safety are said to have contributed to a demand for residential and rural sites near the highway and it has indeed helped with an increase of buyers from Coffs and also buyers from all up and down the coast finding Nambucca more accessible now”.

Narelle and Craig at Nambucca River Reality look forward to 2019, and hope to see more people moving to the beautiful Nambucca Valley or helping current residents sell their homes so they can realise their next dream.

Experience The Difference with Nambucca Valley Real Estate

A warm welcome to Craig Bellamy - Nambucca River Realty

Thu, 10 Jan 2019 03:36:43 GMT

We’re pleased to announce the addition of a real estate veteran to our team. Craig Bellamy joins us at Nambucca River Realty.

About Craig

Craig has earned his exceptional reputation as a local Nambucca Valley sales agent who has outstanding sales results by looking after his loyal base of vendors and purchasers. His 18 year career working for various national franchises saw him reach the top 10% of sales agents in Australia selling all types of properties.

Craig lives in the Nambucca Valley on the outskirts of Bowraville with his wife Annie and two of his three sons. His passions include working with local charities and is on the board of an Adult Disability Service.

Today Craig is looking forward to servicing your real estate needs for many years to come within the Nambucca Valley.

Speciality suburbs around the Nambucca Valley

Nambucca Heads
Valla Beach
Valla
Newee Creek
Wirrimbi
Bowraville
Scotts Head
Macksville
Urunga

Contact Craig today for your Real Estate Nambucca property inquiry

Experience The Difference with Nambucca River Realty

Phone: 0412 080 287

Email: craigbellamy@nrrealty.com.au

Warm welcome to Narelle Harper - Nambucca River Realty

Wed, 14 Nov 2018 00:00:00 GMT

We’re pleased to announce the addition of a real estate veteran to our team. Narelle Harper joins us at Nambucca River Realty.

About Narelle

I began my real estate career in the Nambucca Valley in Property Management over 20 years ago. I have since transitioned from property management to sales. Kicking some excellent goals - including listing and selling 2 properties for over $1 million! Understanding the market and local conditions means we give you the best possible advice. When selling, you need to know what your property is really worth on the market today and how best to present it.

We always act in our Vendors best interest, achieving great results across the Nambucca Valley.

Speciality suburbs around the Nambucca Valley

Nambucca Heads
Valla Beach
Valla
Newee Creek
Wirrimbi
Bowraville
Scotts Head
Macksville
Urunga

Contact Narelle today for your Real Estate Nambucca property inquiry

Experience The Difference with Nambucca River Realty

Phone: 0435 054 625

Email: narelleharper@nrrealty.com.au