Monthly Archive: June 2015

The Largest Private Tract of Land on Earth Is For Sale in Australia

The area is nearly the size of New Hampshire

@alyssaleewrites Posted on Time.com

 

Fancy a backyard so big it takes an entire week flying around in a plane to see the whole thing? Yes, you could be the owner of the largest private tract of land on earth after the Australian Kidman family decided to sell their 11 million hectare (8,800 square mile) cattle kingdom in the Australian outback.

S. Kidman and Co, the eighth-largest landholder in the world, has shortlisted 30 bidders from around Australia, as well as from the U.S., Switzerland, the U.K., China and Indonesia, for the sale, the Independent reports.

The Kidman family, which owns 98% of its namesake company, are the fifth generation descendants of Sidney Kidman, who despite running away from home at a young age managed to start a business that today produces 1.3% of all Australia’s beef. (The family is unrelated to Australian actress Nicole Kidman.)

The value of the various cattle stations that make up the Kidman empire, as well as the property itself, is estimated at $325 million. The sale, which is expected to net more than that, will be finalized after each bidder completes the requisite week-long property inspection.

[Independent]

 

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English Country, $3,135,000 USD

3099 East Ruby Hill Drive, Ruby Hill, Pleasanton 7,070 Square feet, per appraisal 31,283 Square foot lot (almost ¾ acre) 5 bedrooms and 4 ½ bathrooms Formal study and bonus room 4 car garage Built in 2000 by Matken Pacific This…

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Gorgeous and Inviting French Country Home in Ruby Hill, $1,400,000 USD

2,806 Square feet on 8,351 Square foot lot 4 bedrooms and 3 full bathrooms 3 car garage Built in 1996 by Signature Homes Bright and open, this home has been designed with timeless appeal and classic features. The foyer is expansive, features…

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Vineyard, $1,639,000 USD

AN EXCEPTIONAL HOME IS SIMPLY A FRAME FOR AN EXCEPTIONAL LIFE Enchanting Custom Built Home Nestled In A Private Location In Pleasanton. Built In 2005, This Gorgeous Single Story Home Features 4,000 Sq. Ft of Living Space With 5 Bedrooms, 5…

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17 Greens Lane, $1,549,000 USD

Welcome to 17 Greens Lane. A charming established home on the prestigious Castlewood Country Club golf course. As you enter the delightful sun-filled living room with raised hearth fireplace you are met by a wall of windows with unobstructed…

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5 Reasons You Shouldn’t For Sale By Owner

5 Reasons You Shouldn't For Sale By Owner | Keeping Current Matters

In today’s market, with homes selling quickly and prices rising some homeowners might consider trying to sell their home on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons this might not be a good idea for the vast majority of sellers.

Here are five reasons:

1. There Are Too Many People to Negotiate With

Here is a list of some of the people with whom you must be prepared to negotiate if you decide to For Sale By Owner:

  • The buyer who wants the best deal possible
  • The buyer’s agent who solely represents the best interest of the buyer
  • The buyer’s attorney (in some parts of the country)
  • The home inspection companies which work for the buyer and will almost always find some problems with the house.
  • The appraiser if there is a question of value

2. Exposure to Prospective Purchasers

Recent studies have shown that 88% of buyers search online for a home. That is in comparison to only 21% looking at print newspaper ads. Most real estate agents have an internet strategy to promote the sale of your home. Do you? View More info on Venture Sotheby’s International Realty‘s Internet Marketing

3. Results Come from the Internet

Where do buyers find the home they actually purchased?

  • 43% on the internet
  • 9% from a yard sign
  • 1% from newspaper

The days of selling your house by just putting up a sign and putting it in the paper are long gone. Having a strong internet strategy is crucial.

4. FSBOing has Become More and More Difficult

The paperwork involved in selling and buying a home has increased dramatically as industry disclosures and regulations have become mandatory. This is one of the reasons that the percentage of people FSBOing has dropped from 19% to 9% over the last 20+ years.

5. You Net More Money when Using an Agent

Many homeowners believe that they will save the real estate commission by selling on their own. Realize that the main reason buyers look at FSBOs is because they also believe they can save the real estate agent’s commission. The seller and buyer can’t both save the commission.

In one particular market, studies have shown that the typical house sold by the homeowner sells for $208,000 while the typical house sold by an agent sells for $235,000. This doesn’t mean that an agent can get $27,000 more for your home; it shows that the marketing capability and trust associated with a brokerage, increases the value of the property. Additionally, it does show that selling on your own might not make sense.

Bottom Line

Before you decide to take on the challenges of selling your house on your own, sit with a real estate professional in your marketplace and see what they have to offer.

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Credit: Keeping Current Matters

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Stunning Single Story Custom Villa, $1,980,000 USD

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