In most years the December/January period is a quieter time for businesses, allowing consolidation, reflection on the year gone by and preparation for the year ahead but not so much this year. With the demand from clients getting stronger and stronger, regardless of the traditionally calm time of year, there has been an obvious flow-on effect to service providers. Many properties on the market were open for inspection last weekend and both brokers and agents seem to be riding the wave, making the most of the heat within the current market.
Real estate agents and brokers have been well aware of the high level of activity surrounding the property market since the second half of last year. Some real estate agents and brokers worked over the traditional break with many returning to work on the second day of the year, eager to secure the available deals on the market.
The property market at the end of last year was the strongest we have seen in a few years and it looks set to continue to gain even further momentum as people return from holidays and get back into the new year. Now is a prime time for brokers to do whatever preparations are required for the year, such as planning, administration and formalising agreements with referral partners as many brokers, especially those new to the industry, can expect this year to be busier than ever before.
With interest rates at their lowest for more than 50 years, there are some great rates available. The best thing to do is to compare rates from all the lenders. Let us help take the leg work out of doing this - Compare Home Loans now
Director and Founder of 1st Street Home Loans, Jeremy Fisher, is one of the most awarded mortgage brokers in the industry and winner of the Australian Broker Association's prestigious 'Australian Broker of the Year'. Since 2001, Jeremy has settled in excess of $500 million worth of property loans and delighted clients with exceptional results and highly personalised service. 1st Street Home Loans specialises in Home Loans, Commercial Loans, Leasing and Financial Planning.
1st Street Home Loans is a leader in the industry – awarded No. 1 Mortgage Broker in Australia and ranked No. 1 Elite Business Writer in Australia. We have the knowledge and the relationships to get you the best rate on the market, guaranteed, without charging you any fees. You can be approved for a loan within 48 hours and 1st Street will take care of all of the paperwork and communications with lenders, real estate agents and solicitors.