Lane Realty News
March - April - 2008
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  No. 69

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ToPHow’s The Market?

Everybody is asking that question! People usually follow that by asking what is going to happen?

The first question is easy to answer. It is not a wonderful agent enriching market, but there are still buyers out there looking for the right property & finding it. Buyers are careful & wary, as they should be. Many sellers are still holding onto dream prices that some months ago an agent suggested they might get.

Don’t get us wrong here. It has been very difficult to price correctly over the past 6 months or so as patterns of buyer behaviour seem to sway with the breeze, or more accurately, with every bit of bad news out of USA or each interest rate increase locally. Sellers seem to be hanging on in the hope that the slow down will end shortly while all the usual indicators suggest otherwise.

A downward trend in prices does appear likely during 2008. The National Home Affordability Index strongly suggests that the boom took home prices too high & that the time has come for a market correction. The Reserve Bank & the Federal Government are both indicating that the aim is to cool the housing market.

House price patterns across Australia are never even & there are many micro markets which can sometimes even buck the trend. Tamborine Mountain is well positioned to withstand the strong downward forces on market prices. However, this does not mean that buyers will pay anything to live here! Like the rest of the Nation, we foresee a decline in sale prices starting to happen, but we are optimistic that this micro market will sustain values better than many other areas around Australia because of our proximity to 2 cities & our unique living environment.

- Helen


ToPBuyers Deserve Better!

Part of the Property Agents & Motor Dealers Act (PAMD) that rules the real estate industry in Qld. clearly states that it is a finable offence to offer for sale properties that are no longer for sale. Recently we have noticed that there are many Tamborine Mountain properties still being offered for sale on realestate.com.au & Renet that have been sold and off the market for months. It seems some agents are either leaving them there as a bait to get prospective buyers to call or simply too negligent to take them down.

This behaviour is not only illegal, it is downright unfair to buyers. We wonder how the agents concerned manage to explain to the callers that the property is no longer for sale. They run a risk telling the caller, “Oh! Sorry! That has just gone under contract.” The caller might just happen to talk to another agent!

Do you want to work with an agent who illegally leaves bait listings on the internet?


ToPSpotlight On: 63-67 Alpine Terrace

lr11454

Preview on-line at: http://www.lanerealty.com.au/lr11454.html
For a personal viewing:
phone Barry Chick on 07 5545 1800 / 04 1887 6191
or e-mail: barry@lanerealty.com.au


ToPSellers Deserve Better Too!

Sellers have every right to expect that their agent will promote their home in the best way possible. From Lane Realty’s perspective that means attractive photography & carefully crafted descriptive text.

Some of the photography we have seen recently being used to “promote” Tamborine Mountain homes makes us wonder how the agents concerned view their responsibilities to the seller. Many photos are out of focus, crooked & in desperate need of colour balancing as well as light enhancement. One that caught my attention was badly skewed & so out of colour balance that I thought the kitchen was black. Now I have discovered it is brown! Every photo used for that house was so blue that it made the house look ghostly.

Some agents do use photo enhancement software, some don’t! The difference between those who do & those who don’t is visible at a quick glance. Maybe that is why there are so few agents offering Virtual Tours of their listings - They can’t find enough good photos!

Sellers can not expect every agent to be gifted with an excellent writing style. Many of the descriptions we read omit important details & also fail to convey the lifestyle & ambience on offer. Sellers have the right to expect reasonable written presentation.

Sellers should not just feel disappointment when the presentation is not up to standard. They should let the agent know they are unhappy. Maybe even changing agents would be in the seller’s best interest.


ToPUpdate On Lane Realty

Local people will have noticed a few changes lately! First our new signs, now some staff changes. Liz Angell has finally freed herself from the yoke of Rental Manager. After 20 years in that role in various agencies Liz was finding that a mixture of a serious ankle injury & professional burnout was getting the better of her.

Liz has been off work for some weeks to recover from an operation on her ankle and has chosen to try a new angle in the old industry. She has joined our sales team while retaining a supervisory role over the rentals.

Meanwhile, our “bright young thing”, Nina Worsley, has chosen to expand her industry knowledge & experience by moving to the role of Rental Manager. Nina has excelled under her traineeship & demonstrated that the agent of today is both youthful & technologically competent. She has attended 2 specialised training seminars to prepare her for the rental management role in addition to the training she received via the 12 month trainee programme.

Marion Doecke has also had her role enhanced. With both children now in school, Marion saw the opportunity to increase the hours she could devote to work & has added the role of trust account bookkeeper to her duties as Holiday Rental Manager. Marion ran our trust account for 5 years from late 1991 onwards before she had to leave to complete her degree in Hotel Management. In those days it was traditional bookkeeping with real books. Today it is all electronic. So we gave Marion, Nina & Christine a full day of in-house training to ensure they were fully able to handle all the procedures demanded of modern technology.

Our auditor has just been & is happy! What more could we ask?


ToPKnow your street

If you live in either Justin Avenue, Cade Avenue or Carey Parade, those 3 peaceful pretty streets in the area originally subdivided with the name “Pacific Views Estate”, I can finally tell you how your street got its name. Let me say this would not have been possible without the internet!

Some months ago, Justin Herringe, son of the original developer Col Herringe, found himself browsing our web site & phoned me. A number of phone discussions & e-mails later, I am now armed with all sorts of information & some old photos which I look forward to sharing over the next few issues of this newsletter.

The photo below shows Col Herringe with his 3 sons, Justin (to the left of Col), Cade (in front of Col) & Carey to his right.

Herringe family

Yes! Your streets were all named after Col’s 3 son’s, contrary to an earlier tale about Justin Avenue told to me by Bill Geissmann.

Col later developed both Cade’s County at Oxenford, where this photo was taken, & and also Wet & Wild.


ToPZig Would Love To Go For A Walk

little zigThe saddest thing we have heard for a long time was how an elderly lady was walking her small dog in Main Street recently when it was attacked & killed by 2 big dogs. We do not know who the lady was, but we are so very sorry for the owner & her poor little dog.

I often beg Mummy to take me for a walk, but she is too afraid to do it because there are always bigger dogs around who are not properly restrained. I don’t help matters by being an aggressive little man with a big ego, but I am always firmly restrained by a harness & a lead strong enough to hold a rotty.

Mummy also knows that she would fight to the death to save my life & probably suffer servere injury if I were attacked. Her back maybe a lot better than it was 2 years ago, but it is still not up to grabbing me up in her arms & running to avoid danger to us both.

It is time Councils everywhere became far stricter on the owners of dogs weighing over 10 kilos. Larger dogs can be beautiful, but only if they are fully controlled, Zproperly trained & securely restrained at all times. We hope our new Council will look into this so Mummy can take me for a walk in safety.


ToPFrom Helen’s Kitchen ...
Helen’s Pork Chops / Spare Ribs Oriental Marinade

4-6 pork spare ribs or 2-4 pork chops
1 Medium onion, chopped roughly
1 Large clove garlic, chopped roughly
2 Tablespoons black malt vinegar
2 Tablespoons olive oil
1 Tablespoon sesame oil
2 Tablespoons soy sauce
1 Generous tablespoon of grated green ginger

Place onion, garlic & vinegar in blender or similar & chop until onion is in very small bits.

Mix together remaining ingredients then add the onion blend. Stir well to mix.

Spread meat in a single layer in a glass container with lid. Spread half the marinade onto the meat, then turn the meat and spread remaining marinade.

Cover & leave stand in fridge for about 3 hours, turning the meat a couple of times.

BBQ slowly until meat is cooked.

NOTE: You can also add 1/4 teaspoon of 5-spice powder to the mixture for variation


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ToPThe recipes published in “From Helen's Kitchen” have been archived on separate Recipe Pages.

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Lane Realty
For Service With a Smile
Shop 10, Tamborine Plaza, Beacon Road,
North Tamborine, Queensland, Australia 4272
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Phone61-7-55451800 Fax 61-7-55452747 emailinfo@lanerealty.com.au
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