Rachael Goldsworthy Realty

Sales | Rentals | Strata

Episode #21 The Drive Home to the Hawkesbury with Rachael Goldsworthy – What to expect at settlement

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Hi, I’m Rachael Goldsworthy, and I’ve just come from dropping off the set of keys and a nice little settlement gift to a purchaser that bought a house from me in South Windsor. Lovely couple, and they had a bit of a hiccup with their settlement. They weren’t going to be settling on time, and sometimes that does happen with settlements prior to, so you’ve got a standard 42 day settlement or six week settlement, and sometimes the banks or whoever it may be might not be ready to settle from the purchaser’s side or the vendor’s side. Expect little delays, but sometimes, or generally speaking they can be ironed out. It’s not such a problem in the end.

These particular people looked like that they were going to have to wait an additional three or four days for the settlement, but we were able to pull that together on time. The discharge of mortgage hadn’t been signed by one of the parties, but that was all done and set off to the bank in a quick manner. They were able to settle on time.

Just a nice part of my job, I suppose dropping off keys and settlement gifts to people that are really happy with their purchase. And equally vendors that have sold with me that are happy moving onto their next property. If you’ve got any questions in regards to your settlement or purchase, I’d be more than happy to help you. I’ll catch up with you on the next video.

Episode #20 The Drive Home to the Hawkesbury with Rachael Goldsworthy – Renovating for return on your investment

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Hi. My name is Rachael Goldsworthy, and I’ve just come from a house in South Windsor. The owner has just settled in the last couple of days, and they’ve purchased a home from another agent who had a mortgage in possession sale. They have managed to secure the property a little bit more affordably than normally, so they got a bit of a discount on the sale price. Want to do it up quickly and then turn the property over. Often i find my clients ring me up and ask me what they could do to improve the value of the property, and turn it over quickly so that they can get a good return on it.

It’s really important when you’re doing these sorts of promotions, and also sorts of renovations that you do the right renovations because if you spend a lot of money with the principal and of putting things there that you would ordinarily like if you lived in the house, I can tell you right now you’re not going to make any money on the property. The reason being is we get involved with the process. We get emotionally attached to the process, which is okay, but equally is a lot of money involved when we like things that we like, and we put them in the homes and then they just cost us a lot more money.

I guess my advice to you is when you’re renovating a home for profit, make sure that you don’t spend it as though you were going to live in it. For example, in the kitchen instead of a particular style of appliances, stainless steel appliances, just go for the low end or the middle range as opposed to the top end. You wouldn’t be going for the De’Longhi. You would be going for something like Whirlpool or Westinghouse. Still good brands. Still recognised by the buyers as good brands, but it won’t cost you as much, and you’ll be able to get a higher profit on the sale process.

That’s I guess in essence what I’ve been looking at. Make sure that when you are renovating for profit that you look at the costs. Also, do a layout of the costs, what you’re looking at promoting, what you’re looking at renovating, and then do that list. Then from that list, work out what the costs are and find out what’s a priority and what’s really just a wish list, so that you make sure you do the priority items prior to doing the wish list and that way you won’t run out of money prior to putting the house on the market. And you’ll make a nice little profit for yourself. All right, well I’m Rachael Goldsworthy, and I look forward to catching up with you on the next video.

Episode #19 The Drive Home to the Hawkesbury with Rachael Goldsworthy – Things to think about before listing your home for sale

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Hi, my name is Rachael Goldsworthy, and we’re just heading off to a house in South Windsor. That particular house we’ve been asked to have a look at because the owner is unsure as to what to do prior to putting it on the market. There’s a couple of things that they want us to have a look through. Whether it needs the painting and the gardens and those sorts of things, but also things such as garden ornaments or garages, whether they should be there or not. Sometimes garages are attached to a house. Sometimes they are separated, so they can add value depending on the make and materials that have been used. However, sometimes they can also be an eyesore.

That’s something that an agent can do, come out to the house prior to you putting the house on the market to make it a little bit easier for you, and give you a list of one to 10 of items for you to do, prioritise and put a timeline on it, and also come back and check. The other thing that’s really important with that process is things that buyers are looking for in that marketplace at that particular time that you’re selling, things such as built in wardrobes. Whether the, if you’re looking at replacing the roof because it’s dilapidated whether a tile or iron roof is more preferred by the buyer.

Little things like that that make all of the difference for the buyer, so if you’ve got any questions at all in regards to what you’re doing when it comes to the sale of your house, don’t hesitate to give me a call. I’ll be more than happy to walk you through that.

Episode #18 The Drive Home to the Hawkesbury with Rachael Goldsworthy – Getting ready for an Open Home

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Hi, my name’s Rachael Goldsworthy and I’m just heading off to an open inspection at Bligh Park. That one is going to be for a 15 minute period and as an owner getting your house prepared for an open inspection is really important. If you don’t get the presentation right it’s not going to be attractive for that buyer to be able to pay that … you know, fall in love with it in the first place and then pay that higher price for you that you’re after.

A couple of things that I would probably do, three things in particular, all of the basics like mowing the lawns, cleaning the house up, getting everything in preparation for that open. That’s all fine, that’s all normal. The other two things that I would probably do and say to you is one, I would have appropriate music playing in the background. That might be as simple as Vivaldi Four Seasons or it might be a nice, soft music. Something that doesn’t really have a beat or that anybody can really recognise, but it’s just a really nice … It puts people in a nice mood when they go through your home.

The other thing that I would probably say to you, it’s always good to have some sort of infuser or, I guess, an essence of some sort. Whether that’s a candle burner that has a particular fragrance or an infuser that has a particular fragrance, making sure that you’re trying to remain neutral. You don’t want to have something that’s going to be overpowering and all they’re thinking of is “Oh my goodness. Can you smell that? I can’t get over that.” Somebody may have allergies to those sorts of things so I would stay away from the really strong ones, but just have something such as a vanilla or something really neutral that’ll just take any of the last night’s dinners aromas away from the scenario.

Alternatively I would look at some sort of burner, whether it’s an essence burner, they’re always handy to have and something as simple as eucalyptus in the water. That gives a really nice, fresh flavour to the air or alternatively tea tree oil is another one. Everybody can get that from Coles or Woolworth’s. You don’t need to use the expensive brands. The other thing that I would say with that fragrance is possibly stay away from the incense burners. The incense burners, as much as they’re really nice and some people like them, not everybody will. Given that it provides a lot of smoke with those incense sometimes as a nonsmoker somebody will walk in and be … It’s a little bit offensive sometimes for those people when they’re walking through. Also, again, if they’ve got allergies or their child suffers asthma they won’t want to be going in the property. So just a couple of things there.

Make sure that the curb appeal is right, the presentation is right. Make sure that you’ve got lovely music playing and thirdly, just make sure that you’ve got the right aromas in the house and you’re sure to have a great open home. I wish you well with that. If you’ve got any other questions don’t hesitate to call me. I’ll catch up with you on the next video.

Episode #24 The Drive Home to the Hawkesbury with Rachael Goldsworthy – Decluttering a rental property to sell

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Hi. My name’s Rachael Goldsworthy and I was just talking to one of my clients in regards to a property that they have, which is tenanted. This property is in Windsor and they were looking at putting it on the market. The tenant they currently have is a wonderful tenant, however they’ve got a lot of furniture, and it’s just not going to work from the perspective of utilising the space for the home. My suggestion to that vendor was to look at offering the tenant a little bit less in rent, charging them less in rent to declutter and possibly put some things away in storage for them. That just allows the space in the house to work. Otherwise, if you’ve got too much gear, too many things all over the shop, it’s just not a good look for a house, especially when you know it can look so much more larger than what it is.

That would be my advice to the client. Just offer the tenant less rent or offer the tenant services of an agent to go in there and help them set up their home in a particular way. That tenant may say, “No. I don’t want to do that, not interested.” That’s absolutely fine. It just means that you may not necessarily want to put the house on at that particular time. The tenant might also say, “That’s fantastic. I’ve been waiting, I just haven’t known when to start. There’s so much gear there and I’m really not sure what to do.” Could be a blessing in disguise for all parties.

Anyway, if you’ve got any other questions in regards to looking at your house and tenants and those sorts of things, don’t hesitate to contact me. We’ll catch up with you on the next video.

Episode #17 The Drive Home to the Hawkesbury with Rachael Goldsworthy – Rachael talks about attending an Open Home for a rental property

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Hi, my name’s Rachael Goldsworthy, and today I want to talk to you about open inspections for rental properties.

When you’re attending that as a potential tenant, what’s always best to do is make sure that you have all of your information ready to go. I’ve just come from one in McGraths Hill, we had about 25, to 30 people through the open home, so lots of interest, especially at the moment. It’s a fairly hot market with the rental markets, so it’s always advised that you get in and get your information in as soon as possible to give yourself the best chance.

The second thing I would recommend that you do with that is also have the documentation to back it up. If you don’t have the documentation ready to go, you like the home, the chances are somebody else will have that documentation ready to go, and it makes it very difficult for you to attain that property that you want to attain unless you have everything there, as I say.

Number one: turn up to the inspection, number two: make sure you’ve got your 100 point check ready to go, and number three: fill in your application as soon as you possibly can, so that you can get the best possible chance to attain that rental property that you’re after.

All right. I’m Rachael Goldsworthy, and I’ll catch up with you next time.

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