Just to clarify, a ‘vendor bid’ is when a property passes in (and is not sold) and the highest bid is by the vendor of that property.

On the other hand, if an auction is ‘passed in’, it means the highest bid was with the last buyer – but that bidding price did not reach the vendors expectations and so was not accepted as a sale.

On Sunday the papers advertised the auction result of 51 Taloombi Street as passed in, when in fact it was a vendor bid. Under NSW Legislation if an auction is passed in with a vendor bid – it needs to be recorded in the bidders record and subsequently advertised as such.

Beach & Bay were getting a bit tired of the lack of property data for our local postcodes 2230 and 2229 and so decided to start tracking auctions ourselves. We aim to provide up to date, accurate information regarding auctions in Cronulla, Woolooware, Burraneer, Caringbah, Lilli Pilli and Dolans Bay. We have been documenting property data for the last 2 years and have always allowed the public to view – free of charge.  If you would like current or past auction results –please remember to check out our website first!

For more information on NSW Property Legislation see here.

If you would like to read more about WHY a vendor bid is used please view this Sydney Morning Herald article.

What is the worst experience you have had during your career in real estate?

 Kylie: I was showing a family of 5 through a very expensive, immaculate house where all the children had moved out and only the parents remained. The master bedroom, the only bedroom in the house being used, had plush, spotless white carpet.

The first child started projectile vomiting on arriving in this room, then the 2^nd child. They had the flu and had just eaten yoghurt and orange juice before the inspection. The father picked them up and rushed them onto the deck and the 3^rd child followed suit and started throwing up. The mother and I scurried around trying to clean orange vomit off white carpet. The father had to hose down the deck. Dishwashing liquid is amazing for this sort of stain!

Calling the owners to tell them about that inspection is the most dreaded call I have had to make. The owners were very good about it and when they came home they were very impressed with my dishwashing liquid remedy.

Needless to say we got the carpets professionally cleaned and I did sell the house…but not to those clients.

Kylie Emans – Licensed Real Estate Agent at Beach & Bay Realty (12 Years experience)

What is the funniest and most embarrassing thing that has happened to you as a real estate agent?

I probably would have to say the time I did an open house at a property that WAS NOT for sale!

I was working part time before I finished my Licensing course so I helped out at an office on weekends doing opens. They gave me the address which was on the corner and it was 1 of 2 townhouses. Basically I put my open house sign out of the one I thought it was and opened up the house and waited for people to turn up. I did think it was rather messy for an open house and I did a bit of tidying up. I had about 6 groups through the house and about 35 minutes into it I noticed a mature couple walking down the driveway with grocery bags and I thought it was a bit weird. Turned out they were the grandparents and they had popped in to see their kids on the way home! They were shocked to see that a complete stranger was standing in the lounge room and even more shocked when I told them how my key opened the front door! While apologising profusely I made a hasty retreat, I have never moved so fast.

Turns out it was the townhouse next door I was supposed to be opening!

For me, as the agent marketing the property, it is one of those homes that each time I show the property to potential buyers I have seen more positives and more value.

Where in Cronulla can you purchase real estate across the road from the beach but also be in a position where nobody knows your property even exists as you are tucked away on the far north west side where you have no street noise, total privacy, all day sunshine and total quiet?

This property suits:

• Pet lovers
• Sunshine lovers
• Beach lovers
• Privacy lovers
• Lovers of quality & modern design

For anyone who hasn’t had a chance to inspect this property there is still time.

This weeks opens are:

Wed 11 – 11.45am

Wed 6 – 6.45pm

Sat 11-11.45am

Auction on site December 5th at 3pm

Kylie Emans 0418 690 317

kylie@beachandbay.com.au

18/1-9 Bando Road, Cronulla

What makes this property truly spectacular though is that the current resident, who is a master tiler has, has let loose with his creative genius and has finished the home with special touches only a specialist tiler could achieve.

For example, the stunning entrance foyer with water feature is backdropped with imported Tunisian tiles; the floor is imported Mexican terracotta. Then there are the bathrooms! Travertine marble luxury with heated flooring, 3 shower heads, claw foot bath, heated towel racks and a layout that shows thought and practicality that a family needs.

So while it may be luxury, it is also family friendly. And rightly so, family friendly luxury, who wouldn’t want that!?

Where can you live in Cronulla in luxury with the beach right across the road? 18/1-9 Bando Road, Cronulla. First inspection Saturday 14^th November at 11:00 -11:45am.

There seems to be no time to even organise a pest and building inspection, properties are selling for over the asking price!

Who can believe that a few months ago words such as Global Financial Crisis and recession were bandied around like daily greetings.

Q: How are you going? A: The GFC was the answer to everything.

I’ve been asking around Cronulla and retailers are getting mixed signals, trading up one day and down the next.

Clearly there is a drastic shortage of property on the market in Sydney and this is fuelling the real estate market. How long will this continue?

Soon it will be Christmas, normally when the real estate selling market slows down. Will this make the shortage worse and make buyers desperate to secure something prior to Christmas? I can see more rate rises as long as this continues.

This is my initial assessment of the current Cronulla market. I’ll keep you updated when I know more…and when my jetlag has worn off!

Real Estate Agents often get a bad name (and sometimes for good reasons!) so at Beach & Bay we want everyone involved to have a pleasant experience when they deal with us (from the vendors and buyers, to the solicitors, valuers, and pest and building inspectors!).

We focus on the quality of our service, not the quantity, so you may notice we aren’t up to our ears in listings. As a vendor, this is a good thing for you, meaning we provide a very personal service and can strictly monitor the individual sale of every property in our office.

What we do

• Work discreetly with buyers and sellers and aim to provide a well informed, friendly, stress free sale.
• Provide cutting edge marketing using the very latest online technology and social media campaigns. We use blogs, twitter, facebook, youtube, virtual floorplans, email newsletters, google maps…if it’s online, we’re on to it!
• Provide professional, ethical service

What we won’t do

• We will not interrupt you and your family during dinner with phone calls harassing you to list with us.
• We will not chase you after a market appraisal day in and day out. We figure, if you like us, you’ll let us know eventually.
• We do not aggressively mass letterbox drop to try and get listings
• We do not doorknock (unless specifically asked by a genuine client), and on the odd occasion when that does happen, we will not intimidate you or pressure you to sell.

The properties auctioned in our local area were diverse. From the first auction at 9:30am that Beach & Bay Realty auctioned – a 1 bedroom at 1/20 Banksia Rd, Caringbah that sold for $230,000 to the last auction of the day, 169 Woolooware Rd, Burraneer which sold prior for $1.21mil. Of the 9 auctions, the properties were in the suburbs of Cronulla, Woolooware, Burraneer, Caringbah and Caringbah South.

5 of the properties auctioned were apartments and 4 were houses, all the houses achieved sales over $1 million.

During the week there was 1 auction held, waterfront 58 Grandview Pde, Caringbah South, unfortunately this did not sell.

The Beach & Bay team has enjoyed a 100% auction clearance rate throughout 2009. As selling agents we believe strongly in the auction process but only if the property or market is unique. At the moment I would say it is a ‘unique’ market, where demand is much higher than supply.

In other words, there are a lot of buyers right now and not enough properties on the market at a time that is traditionally peak selling season. So if you are thinking of selling, in particular if you are in the suburbs including Cronulla, Burraneer, Woolooware, Dolans Bay, Caringbah, Caringbah South and Lilli Pilli please give Beach & Bay Realty team a call on 9527 0008.

The seminar was well attended by local business owners in The Sutherland Shire where talk was of Google robots, search engines, changing consumer behaviour and Youtube.

Some interesting statistics were mentioned:

• 95% of people use the internet
• Hours per week we spend watching TV has decreased (hours per week spent exercising is also down!)
• Internet per week has increased dramatically
• More specifically, Yellow pages readership and usage of this print publication is down 54% since 2002 till now
• Google geographical based searches in last 6 months have increased dramatically
• On average, users of Google key in 4 words for searches
• 46% increase in cost of pay per click Google clicks because of companies competing for paid top spot
• Consumers are interacting with businesses more and more

After the course I checked out our listing on Truelocal and our office hours were very wrong but I noticed we had a review from a happy client!

I will watch this website with interest, I am not sure how it will compete with whitepages.com.au, a lot of advertising will be needed.

In the meantime check out your listing on the true local site and make sure your details are correct, apparently this is Australia’s fastest growing online directory.