Pros and Cons of Selling Property with Auctions

Pros and Cons of Selling Property with Auctions

The Pros and Cons of Selling Your Property via an Auction

If you are thinking about selling your real estate by auction but wonder if it is the right move for you, consider the pros and cons to make an informed decision. As selling your property via auction is not the most travelled route by home sellers there will be many questions that arise along the way.

The Pros of Selling Your Property through an Auction

Often times, a sale is contingent upon repairs or modifications to the home that are requested by the buyer. When you are selling your property through an auction the properties are sold as-is so you do not have to worry about putting more money into the property in order to sell it.
Selling your home through an auction will also allow you to save decorating or staging costs associated with open-houses or listing your property by traditional means. Depending on how long your property sits on the market will contribute to increased upkeep costs as well, maintaining the lawn, etc.
A great benefit for many home sellers looking to unload their property through a home auction is that you set the price you will accept. There will be bidding in auctions but ultimately you will determine the lowest offer you are willing to accept.
There are no Realtor fees or closing costs associated with selling your home via an auction. Though there will be auctioneer fees. Another pro would be quicker turnaround of your property, no waiting on buyers to come knocking on the door.

The Cons of Selling Your Property through an Auction

When selling your home through an auction there are auctioneer fees assessed for the auction service and can often times be more expensive than using a Realtor. For example, if the property doesn’t sell during the auction the seller is still responsible for the auctioneer’s advertising expenses and any fees associated with the auction. This isn’t the case when using a Realtor. They only earn a commission upon the closing of the sale.
Locating a skilled auctioneer can also create unnecessary problems when it comes to selling your home. There is a possibility you could walk away with less because the auctioneer is not capable of enticing buyers to increase their bid.
One last thing to consider when selling your home through an auction is the turnaround time. While it is considered a benefit to sell the home in a quicker time frame, you must also take into consideration that if the home sells during auction you will typically have to vacate the home within 28 days.

Property Management with Marshall SA

Property Management with Marshall SA

Marshall SA Real Estate Property Management Services

At Marshall SA Real Estate we strive to provide our clients with exceptional services powered by our knowledge of the property management industry, superior technology, and experience of the Greater Metropolitan Adelaide area. We can assist you with the management of your residential, commercial, retail, industrial, or warehouse within a 20km radius of Kensington.

Benefits of Using a Property Management Company

There are many details to managing a rental property and many more reasons to trust your property management needs to a professional. From property laws and regulations to pulling rental comparables and marketing, there’s a lot more that goes into managing your property than finding a tenant and collecting rent payments. Your time is valuable and we understand that. That’s why our exceptional property management services, provided by Marshall SA Real Estate, automatically include:

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An Evaluation of the Rental Market

The rental market in Greater Metropolitan Adelaide area is constantly changing. Keeping up with the rental market can be a fulltime job all on its own. Staying abreast of the real estate market in South Australia is our business.

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A Complimentary Consultation

We will provide you the most honest and up to date information on the Greater Metropolitan Adelaide real estate market where it concerns your rental investment.

Professional Marketing

Our marketing techniques backed by our professional image make marketing your property much easier than trying to do it on your own.

Efficient Make Ready Repairs

When it comes to marketing your property to a new prospect, we will help ensure that cosmetic updates and minor repairs are up to par so that it attracts those tenants you want.

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Timely Maintenance Repairs

No need to worry about being on call 24/7 for those maintenance requests or after hour emergency calls. We know you have better things to do. We will handle the calls, assign reliable contractors, and save you money.

Real Time Accounting Services

Our top of the line technology will keep rent payments, expenses and fees in order. You will always know when a tenant has paid rent, maintenance expenses have been paid, and what management fees have been paid.

Quality Prospect Screening

We will screen potential renters by verifying previous rental history, income and more to ensure we have located you a tenant that is qualified to reside in your property.

Proficient Tenant Communications

We are here to ensure your renter is taken care of too. Professional and consistent communication with tenants helps reduce turnover and ensures any issues are addressed in a timely manner.

Legal Representation in Eviction Processes

Should the unlikely need arise to proceed with evicting a tenant; we will do all the legwork for you.

Why Hire Marshall SA Real Estate to Manage Your Property

With our experienced and professional property managers, excellent communication and follow-up, and by utilizing our state-of-the-art property management technology, you will always be in the loop when it comes to your rental property.
Marshall SA Real Estate is ready and able to assist you in reviewing your property management options. With our personalized service catered to your needs you can rest assured that you are receiving services that benefit you. You’re never just a number to us.
Our convenient location in the Eastern Suburbs of Adelaide, South Australia, allows us to have our fingers on the pulse of all areas. Reach out to us today to see what Marshall SA Real Estate Property Management Services can do for you.

Property Management

Our property management services are guaranteed to save you from the everyday  headaches that can arise with leasing property. We’ll take responsibilities and stress off  your shoulders and put them where they belong in the experienced hands of our qualified and experienced property managers.

The result? Is cash flow, return on investment, and peace of mind. At Marshall SA, we make sure that:

  • You get fair and steady returns. With our careful tenant selection, you’re assured of getting  people who are worthy of residing in your property.
  • You get the peace of mind you deserve. We’ll handle the rent collection, processing of administrative accounts, initial, quarterly and outgoing inspection reports, arrangement and monitoring of repairs and maintenance services and much more.

Passionate and Committed Real Estate Specialists Ready to Serve You

There’s a reason why people trust us. Our services reflect our passion and commitment to deliver absolute customer satisfaction. As property managers, we understand that your success as an investor also depends on satisfied tenants. Your tenants are our customers too and this is why we always strive to provide proactive customer service. We believe in open communication, in exploring innovative ways to achieve our clients’ goals, and in developing long-term client relationships. We value the trust given by our clients and in return, we wish to give distinctive and substantial assistance in achieving their investment goals.

Professional Services All the Time, Every Time

We also believe in honesty, integrity and transparency. Apart from our market expertise and proven property management experience, we also take pride in putting great value in our work ethics. You can be confident that your investment is in good hands with Marshall SA Real Estate.

Our can-do attitude, along with our hands-on and personalised approach, makes us stand out. No wonder the majority of our business arises from long-term clients and their referrals. In fact, many of our clients and their families have remained with us as they’ve expanded their portfolio.

Avoid the hassle. Leave it to us.

Allow us to take the risk out of leasing your property. Together, let us develop a management plan that fits your objectives. Allow us to guide you in determining and applying the best approach to generate the most income. Even when you let a stranger move into one of your homes, we’re here to help you preserve and sometimes enhance the value of your property.

Owning rental properties can be costly, time-consuming and inconvenient. But an experienced property management company like Marshall SA can make all the difference.

Our goal is to protect your investment, maximise your income while minimising your costs – without you having to worry about anything.

With Marshall SA Real Estate handling your greater Adelaide investment property, you’re assured of:

  • the best rental return possible for your property at the time of leasing
  • quality tenants who pay on time, stay longer and take care of your valuable investment
  • compliance with all government regulations on tenant/landlord laws, evictions and fair practice
  • cost-effective maintenance and repair services from licensed and reputable tradespeople

Our highly-trained specialists are equipped with knowledge, skills, experience and expertise to meet the extensive demands of today’s property management. We know what’s achievable, how the real estate market works, and how to get the most from your investment.

Whether you own just one home or multiple investment properties, Marshall SA has the expertise you can trust and rely on.

  • Adelaide City
  • Burnside
  • Campbelltown
  • City of Charles Sturt
  • Town of Gawler
  • Holdfast Bay
  • Marion
  • Mitcham
  • Norwood Payneham and St. Peters
  • Onkaparinga
  • Playford
  • Port Adelaide Enfield
  • Prospect
  • Salisbury
  • Tea Tree Gully
  • Unley
  • West Torrens
  • Walkerville
  • Magill
  • Burnside
  • Kensington
  • Torrensville
  • Klemzig
  • Rose Park
Property Auction – Torrensville

Property Auction – Torrensville

Marshall SA Real Estate produced another successful sale of a character single fronted cottage in Torrensville SA. The well known and professional Auctioneer was Rob John and the Auction was well attended by interested home buyers and the Marshall SA team.

The property sold for well above the reserve price.

The property was sold at auction on Saturday, 15 August 2015.  Located in a lovely tree lined street in this popular near city suburb. The property offered 2 good sized bedrooms with built ins, large lounge with gas heater, functional kitchen/meals area, ducted cooling throughout and beautiful original polished pine timber floors. Outside there is a large paved & covered patio area ideal for barbecues and a well proportioned rear yard. Across the road is a community garden and park, also within walking distance of the new Brickworks Shopping Centre.

Congratulations to our clients on the sale of their property and to the new home owners on their successful purchase.

For upcoming properties for Sale and Auction please visit our listings page.

Tips: Choosing your new neighbourhood

Tips: Choosing your new neighbourhood

Choosing where you want to live is no easy feat. There are so many things to consider, including price range, local amenities and location. Moving suburbs can be a daunting experience. How will you know if you like the neighbourhood? Is there a nearby park for summertime BBQs? How are the local schools? All these factors are easy to address if you know the area, but it can be a leap of faith for someone who hasn’t lived there before. Consider these few tips if you are planning on switching suburbs.

 

Scope out what else is on the market

 

Looking for a new house can be hard enough, and we tend to become tunnel visioned when property hunting. But if you have a street or neighbourhood in mind then consider flicking through what else is available in the area. If there are an abundance of super cheap rentals nearby then this could be a warning sign for a high turnover of neighbours. Alternatively, houses close by that need renovations could signal months of loud building noises.

 

Do regular drive throughs

 

School drop-off and pick-up times, rush hour, late night parties, loud nearby venues… If you swing by your potential new street and property at different times throughout the day and night, you will have a better understanding of traffic and noise levels around your new home.

 

Attention to detail

 

Do your neighbours look after their gardens? Are there skidmarks on the roads from hooning? Are there lots of cars parked on the road? Looking for subtle clues like these can save yourself a headache in the long term.

 

Listen to family and friends

 

People who know the area will be able to give you their honest opinion about it. Ask family and friends who live there what the suburb is like on the whole. Even better if you prompt them with specific questions you would like answering such as schools and shops.

 

Talk to your Marshall SA agent
We know Adelaide, and can make suggestions based on your needs as our client. Talk through your concerns with us and gain a clearer perspective of your new suburb.