news views
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news views
news& views Pennisi R E A L E S T A T E NUMBER 46 POST PRINT APPROVED PP349181/00303 Pennisi turns pink – for cancer research Raising funds for cancer research is an on-going program for Pennisi Real Estate. The agency is forever looking for innovative and communityembracing ways to raise more money for this important work. Real Estate Watchdogs Our new homebuyers advocacy service. The latest effort was Think Pink. During October the company’s sale boards were painted an eye-catching pink – the color linked to cancer awareness. For each property sold during the month, Pennisi Real Estate donated $500 to cancer research. As a result, the windfall for cancer research was thousands of dollars. Another successful cancer research fundraiser was the recent Pennisi gala ball. Held on Grand Final Eve at the glorious Victorian mansion, Ascot House, 110 people whirled the night away. The event raised $5200 for the company’s forthcoming Relay-for-Life participation. Relay-for-Life will be held on February 8 – 9 at Windy Hill. The 24-hour event starts at 6pm and Pennisi Real Estate is keen to enlist as many participants as possible. The event is not a race – it is simply a matter of having someone on the track all the time – people can leisurely stroll for a half-an-hour or an hour or longer, if they wish. Pennisi Real Estate is also eager to get sponsorship for Relay-for-Life. If you wish to be a sponsor and/or participant, contact the company. Pennisi Real Estate is indebted to the people who got behind the ball and sincerely thanks them. Likewise, the company will be grateful to those who help with the Relay-for-Life event. Are you buying at Auction? If you don’t know the tricks used at auctions, you are certain to get hurt. Most auction agents have no regard for your feelings. That’s why you need Real Estate Watchdogs on your team. Since the launch of Real Estate Watchdogs we have been helping buyers secure their dream homes for thousands below their limits and getting rave reviews in the process. “We got a house and we got it for $53,000 under our limit. Thanks to you for your great advice and guidance. Andrew Pennisi was as cool as a cucumber bidding at auction”, one client said. For more details on how we can protect you and save you thousands for very little cost please call 1800 118 023 or email: info@realestatewatchdogs.com.au Footy tipping whiz Long-time Pennisi football tipping participant Ed Woods was this year’s winner. Showing a clean pair of heels for most of the season, Mr Woods ended with a tally of 125 points – three clear of second place. To show how tough the competition is, he averaged a remarkable 5.68 points a round. For his efforts, Mr Woods won $2000. However, such is his belief in the importance of finding ways to beat cancer he donated $500 to assist further research into this dreadful disease. More than 800 people, from around the world, took part in the 2007 tipping competition. Our Mission To provide the best real estate service in Australia, based on the highest standard of ethics, values and client care. In so doing, we will earn the loyalty and trust of our home-sellers and buyers, landlords and tenants who will become our lifelong clients and friends because we always place their interests ahead of our own. Pennisi R E A L E S T A T E Website gets new look Pennisi Real Estate’s website has a new, modern look. The company is proud to boast, that after months of hard work, www.pennisi.com.au provides the most comprehensive information for property buyers, sellers, tenants and landlords as well as other general real estate news. Easy to use, it is quick and simple, allowing visitors to search for a property with a revolutionary suburb search function. This facility provides a number of options – search by price, suburb, name, postcode or area name. Knowing that people want the most up-todate information and new, the site is updated several times a day. Take a look at it. The local community’s electronic billboard – Essendonblog – has quickly established itself as the first reference point for what is happening in the Essendon district. If you wish to promote a local event or just want the drum on what is happening locally, go to www.essendonblog.com.au It is sponsored by Pennisi Real Estate. Prepared for new body corporate laws All staff in the Body Corporate Department have undergone extensive training in preparation for the Owners Corporation Act coming into force on December 31 2007. The new Act incorporates relevant sections of the current Subdivision (Body Corporate) Regulations 2001 and Subdivision Act 1988. It builds on and enhances these provisions to give owners corporations the powers that are necessary to carry out their functions, and requires them to exercise these powers responsibly. Pennisi Body Corporate team members are ready to help clients with this major change in the way bodies corporate will operate. If you want to know more about the new Act, contact the Body Corporate Department. Pennisi R E A L news& views E S T A T E Market report The market seems to show no let up. It is literally going gangbusters. Such is the strength of the market that our clients have their properties listed for sale for less than one month – with almost 25% of sales achieved in less than 10 days. This is extraordinary. Not only are properties in high demand, prices have continued on an upward trend. As a result listings are scarce and we are in urgent need of more listings to satisfy the many buyers in our Buyers Club. If you are thinking of selling, or know someone who is, we would love to hear from you. The last increase – a quarter of one per cent – in interest rates by the Reserve Bank hardly slowed the momentum of the market. Buyers simply factored the rise into their sums and went out buying, watching prices continue to rise. The usual degree of consumer uncertainty caused by the Federal election campaign has slightly affected the market, but I expect that it will bounce back no matter what party wins government. The rental market is also very tight. For many months our vacancy rate has been less than one per cent and there is no indication that this will change for the foreseeable future. For people wanting to rent, it is very difficult. And it highlights the value of people having rental properties in their investment portfolios. – Sam Pennisi The winners circle Sales representative Sam Hurst is in the top three per cent of real estate sales representatives in the nation. This achievement has been acknowledged by the Winners’ Circle Gold Badge which has been awarded to him by Pittard Training, the real estate education arm used by Pennisi Real Estate to provide continuing professional development to staff. Sam has joined colleagues Andrew and Sam Pennisi and Mark Marazita in this rarefied stratosphere of superior salespeople. Office hours over Festive Season. Over the Festive Season Pennisi Real Estate will be open everyday except Christmas and New Years Day. If you are thinking of buying, selling or renting this could be a great time for you to get a jump on the New Year market. Teresa is Employee of the Quarter Sales representative Teresa Soliman is Employee of the Quarter. Her enthusiasm, willingness to help and bubbly personality has permeated through the office in the short time that she has been with Pennisi Real Estate. Teresa, who has been in sales for a number of years, said that it was flattering to be honoured by her workmates but believed that she was really just carrying out her duties – helping clients and assisting colleagues. “It is wonderful to be recognised and to know that your professionalism with clients is acknowledged by your colleagues,” she said. “It is also nice to have acknowledgement for the long hours worked.” Vying for national awards Two members of the Pennisi sales team are vying for national awards at the annual Australasian Real Estate Convention to be held in Brisbane in November. Andrew Pennisi has been nominated for Sales Controller of the Year and Kimberley Cook for Sales Secretary of the Year. To be nominated for these prestigious real estate awards is an achievement in itself. Well done! Change smoke alarm batteries Readers are reminded that now is the time to change batteries in smoke alarms. The introduction and end of daylight savings is the traditional time to carry out this important safety measure. In recent months, news reports have highlighted the importance of having smoke alarms that work – for they do save lives. Pennisi Real Estate 255c Keilor Road, Essendon 3041 Telephone (03) 9379 5616 Facsimile (03) 9374 1737 Website: www.pennisi.com.au Email: pennisi@pennisi.com.au