Ross Stanway - CEO Realty Services
	Click to view Bayleys property listings.

Bayleys has worked through various numbers of residential property cycles over the years and as a result we start to get an understanding as to where we are in the current cycle. Our pick is that 2010 will be similar to 2001/2002.

After a difficult period between 1998 and 2001, the real estate market slowly started to improve both in sales numbers and a firming in values. Not dissimilar to 2008/2009. This improvement will be backed predominately on consumer confidence, the better long term job market and historically low interest rates. This makes an opportune time to buy because we do not see values spiking like they did in 2003 and on the flip side, given the relatively low numbers of residential properties coming onto the market, this is also an opportune time to sell. Competitive buyer interest will maximize the value in the current market.

For those that are thinking of selling creating a competitive environment is paramount to achieving an outstanding result. Choosing the right real estate salesperson, who is enthusiastic and committed, has a strong brand behind them and can put together a high profile quality marketing campaign, should be a priority when thinking of selling. Bayleys salespeople offer you all of this and more.