Mike Lao in Salisbury, South Australia, Australia | Estate agent

Mike Lao

Locality: Salisbury, South Australia, Australia

Phone: +61 410 390 250

Address: Shop 5, 25 Wiltshire Street 5108 Salisbury, SA, Australia

Website: http://edgerealty.com.au

Likes: 4884

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• Property
• Property appraisal
• Property management company
• Estate agent

24.01.2022 Appreciate the kind words Wayde. Mike and his team did an amazing job from appraisal to sale. House sold within a fortnight, completely exceeding our expectations. Highly recommended. - Wayde | 8 Peterswool Road

24.01.2022 When selling your home, you and your agent want to make sure you get the best possible price. One of the most important starting points to guarantee a good sale is choosing the sales method which can include auctions, private treaties or selling by tender. Auctions involve buyers bidding in real time with full knowledge of what the others are willing to pay. This method can drive more competitive bidding wars as there is no price ceiling, and sellers can set a reserve price... ahead of the auction. Private treaties involve publicly listing the property with a specific price which should be reflective of its current market value. From here the vendor can accept, negotiate or decline offers, before settling on the best one. Selling by tender is similar to a silent auction; the vendor receives secret offers from interested buyers but they do not have access to information such as what other offers have been made or a publicly listed price, and the vendor can set an end date for bid submissions. The overall effectiveness of each method depends on the house type and market conditions, so talk to your agent and see which option suits your needs best!

23.01.2022 Wishing everyone a Merry Christmas

23.01.2022 NEW RELEASE - FOR SALE / / 16 and 18 Carey Street, ELIZABETH PARK Impressive Investment with Future Promise! 6 Beds | 2 Bath | 4 Car... For more information on this property, contact Mike Lao on 0410 390 250 Property Link: https://edgerealty.eview.com.au//house-sa-elizabeth-park-2

22.01.2022 Following the Reserve Bank of Australia’s announcement that the official cash rate for the month of November to 0.10 of a percentage point, we expect to see strong results for the real estate market. Typically, low cash rates stimulate interest in buyers with the promise of cheaper mortgage repayments on the rise, meaning we expect to see more people turning up to auctions and open homes. Not only that, but experts think we may see an increase in listings, as sellers w...ho took their properties off the market at the start of the pandemic regain confidence that a strong result is now possible again. If you’re looking to take advantage of the record low cash rates and are thinking about selling your home, get in touch and we can help make it happen! See more

22.01.2022 NEW RELEASE - FOR SALE / / 28 Gould Road, ELIZABETH PARK What an Amazing Opportunity with Future Promise! 4 Beds | 1.5 Bath | 2 Car... For more information on this property, contact Mike Lao on 0410 390 250 Property Link: https://edgerealty.eview.com.au//house-sa-elizabeth-park-l

21.01.2022 SA infrastructure is about to see some substantial upgrades. In case you missed it, the recent budget featured a massive $17.9 billion put aside for health, education, sporting, cultural and recreational facilities. The goal at the heart of the budget is making Adelaide - Australia’s Most Liveable City.... There’s also $10.7 million planned for additional land tax relief and $800k for a CBD reactivation program. The future of SA looks bright and is sure to usher in a golden era of investment activity. @joeyjoenes

19.01.2022 NEW RELEASE - FOR SALE / / 53 General Drive, PARALOWIE Spacious, Private & Quality Modern Family Home! 4 Beds | 2 Bath | 2 Car For more information on this property, contact Mike Lao on 0410 390 250 Property Link: https://edgerealty.eview.com.au//house-sa-paralowie-224542

19.01.2022 Following the introduction of record low interest rates, the RBA is now taking a ‘wait and see’ approach to assess if they will assist with economic recovery following the virus. In simpler terms, we’re hoping to see positive results, particularly in the housing market. Buyers are already responding to the benefits from the stimulus. It’s hoped that low interest rates will result in rising asset prices, and a ‘flow through’ effect will be created in the economy thanks to the increased household wealth. As we also wait to see how these changes come into play, we look forward to seeing the property market make a strong recovery!

19.01.2022 NEW RELEASE - FOR SALE / / 12B Murray Street, SALISBURY Comfortable Family Home with Impressive Rental Returns! 4 Beds | 2 Bath | 2 Car... For more information on this property, contact Mike Lao on 0410 390 250 Property Link: https://edgerealty.eview.com.au//house-sa-salisbury-226493

17.01.2022 Adding texture like fur and wood can bring warmth to any room. Photo from @Bjurfors

17.01.2022 NEW RELEASE - FOR SALE / / 4/4 Jane Street, SMITHFIELD Easy-Care Home Nestled So Close To Everything! 2 Beds | 1 Bath | 1 Car... For more information on this property, contact Mike Lao on 0410 390 250 or go here http://bit.ly/4-4-Jane-St

17.01.2022 We have been looking at properties to purchase for over 6 months and had not so friendly experience from other real estate agents.... and then we met Mike Lao. Mike has been been very prompt with responding to my inquiries via text and email, patient with answering my questions. He is so dedicated to his clients that he accommodated our request to view a property during a public holiday. We would happily engage his service again. Thanks Mike for all your help.... -Kristanne

17.01.2022 NEW RELEASE - FOR SALE / / 17 Faulding Avenue, MUNNO PARA Vibrant, Stylish, Family-Friendly Living! 3 Beds | 2 Bath | 2 Car... For more information on this property, contact Mike Lao on 0410 390 250 Property Link: https://edgerealty.eview.com.au//house-sa-munno-para-l5135

16.01.2022 NEW RELEASE - FOR SALE / / 18 Alicante Avenue, WYNN VALE Peaceful and Private Haven in Wynn Vale! 4 Beds | 2 Bath | 2 Car... For more information on this property, contact Mike Lao on 0410 390 250 Property Link: https://edgerealty.eview.com.au//house-sa-wynn-vale-l49222

16.01.2022 Efficient and co-ordinate the sale process in a very timely manner. Good communication skills and helpful. -Vendor | 13 Dowlish Street

15.01.2022 Let us remember those who have lost their lives trying to protect their country...

15.01.2022 Trying to purchase a house but your offer was rejected? It can be frustrating and disappointing, but here are 4 reasons why that may be the case: The seller got a better offer: whether it was more money or better settling terms, home sellers want the best possible offer and it’s possible yours just wasn’t it, especially in a sellers market... You went too low on the price: going just below the asking price is a common tactic, but going too low can result in the seller not taking you seriously, and writing you off altogether Too many contingencies: sometimes sellers will take a lower offer with easier terms if it means less work for them, so when putting contingencies into your offer, think carefully about how important they are Financing issues: there’s a difference between being pre-qualified and pre-approved because the latter means you’re good to go immediately, and this could be a convincing point for sellers Purchasing a house can also be made difficult by sellers expectations (which can sometimes be unreasonable) or their preferred time frame so don’t lose heart! Do everything you can to present the best possible offer and go from there.

15.01.2022 When looking to buy a home, make sure you talk to your real estate agent to get their industry insights. Our top 4 questions to ask include: Why are the owners selling? How long have they been trying to sell for? What’s included in the sale?... Have any renovations been done on the property recently? Asking these questions can give you great insight into the sellers, the property itself and make sure you aren’t going into negotiations blind. If this is the kind of information you want access to, give us a call!

15.01.2022 Good things come to those who work for it.

15.01.2022 Great news from the budget for South Australians. The Government has committed $3.2 billion in infrastructure spend over the next 12 months. The majority of the funds (2.6 billion of them) are going towards the North South Corridor - Darlington to Anzac Highway.... This is a huge project that will be great for the state. 4000 direct jobs Reduced congestion Improved travel times Improved road safety Improved efficiency and network reliability Nobody likes traffic, so reduced congestion is always a win!

13.01.2022 NEW RELEASE - FOR SALE / / 2 Hibiscus Street, ELIZABETH VALE Easy-Care Living in a Central Location! 3 Beds | 2 Bath | 1 Car... For more information on this property, contact Mike Lao on 0410 390 250 Property Link: https://edgerealty.eview.com.au//house-sa-elizabeth-vale-2

12.01.2022 If you’re thinking of having a color theme in your home, remember that even just one color can have different hues and tints. Take inspiration from this space transformed by @cranberry_design.

11.01.2022 Bathrooms are often left out of the interior decoration process. But a modern looking one can always give your home an additional appeal. It’s where most people start and finish their days so you want to make it feels just as homely Check out this sleek bathroom from @sebringdesignbuild

11.01.2022 NEW RELEASE - FOR SALE / / 61 Firmin Street, PARALOWIE Family Home of Space and Flexibility! 4 Beds | 2 Bath | 2 Car... For more information on this property, contact Mike Lao on 0410 390 250 Property Link: https://edgerealty.eview.com.au//house-sa-paralowie-225908

11.01.2022 When times get tough, remember why you started! Don’t give up, you’ve got this

10.01.2022 Adelaide experienced an average growth of 5 per cent in 2020 despite the effects of COVID-19. In fact, analysts are seeing South Australians deciding to skip a summer holiday and wait for Easter instead, which then allows the robust market conditions in Adelaide to continue until early April. Right now, the combination of confidence and record low-interest rates has encouraged more South Australians to buy property at least until the April holidays. ... State borders reopening will be another growth driver for Adelaide’s market in 2021.

10.01.2022 NEW RELEASE - FOR SALE / / 2/10B Orinoco Street, PARALOWIE Low Maintenance Living, Ready to Move In! 3 Beds | 1 Bath | 1 Car ... For more information on this property, contact Mike Lao on 0410 390 250 Property Link: https://www.realestate.com.au/property-house-sa-paralowie-1

07.01.2022 Mike was fantastic to deal with. We chose him to sell our property after having dealt with him for a short period during its rental. He takes the time to get to know his clients and their customers & this shows through his communication & sales results. He has a very good knowledge of the local area & regardless of progress will always provide clear, concise and regular informative updates. As a result of this service he was able to secure a sale price for our property that... we were more than happy with, with absolutely no issues throughout the entire settlement process. I would be more than happy to recommend Mike to any family/friends or anyone looking to trade in the property market. -Sean & Renae | 31 Lakeside Drive

06.01.2022 One of the most common questions we get asked is why banks and agents give the same home different value estimations. Although there are several factors that can influence this, the answer comes down to one word: context. When a bank lender values your home, they are considering what they would be prepared to lend based on the property type and size, keeping in mind if for some reason you were unable to pay your mortgage they would need to sell it to recoup their losses. Re...al estate agents on the other hand look at your home with respect to market performance, market demand and other features like how close you are to the local primary school. The net result is that bank lenders view your home as a single entity to value, whereas agents look at the overall suburb and market context which can change how both parties see the value in it. Gotten two different home valuations and not sure which to trust? A third never hurts!

06.01.2022 Happy Australia Day!

04.01.2022 NEW RELEASE - FOR SALE / / 2/135 Fenden Road, SALISBURY PARK Easy-Care Home Nestled within a Peaceful and Friendly Community! 2 Beds | 1 Bath | 1 Car... For more information on this property, contact Mike Lao on 0410 390 250 Property Link: https://edgerealty.eview.com.au//unit-sa-salisbury-park-22

03.01.2022 If you’ve been side-eyeing your kitchen all through lockdown but not sure if it really needs that remodel job, let us help you decide. Kitchens can drive up to 20% of home values since they’re such essential spaces, so if you’re looking at selling and can’t decide if it needs the upgrade before hitting the market, here are some points to consider. Storage: storage is essential to any functioning kitchen (especially now that stowing gadgets for a clear bench is the newest... trend) so if your things are always out because there’s nowhere to put them, that’s definitely a strike in favour of a remodel Prep space: can you move freely when you start cooking, or do you feel like you’re cramped and can only do little tasks at a time? Prep space is a must for any modern kitchen Flow check: it’s important multiple people can exist in your kitchen together, but if opening the fridge door means no one can move, it means you need to rethink that design Appliance pulse check: built to last doesn’t mean immortal, so if you’re noticing your dishwasher or cooktop aren’t working the way they used to, an update may be required especially to appease buyers Of course, there are no real hard and fast rules about when the ‘perfect’ time to remodel is. If you’re just sick of your kitchen and hate the way it works - get remodelling! If you’re looking to see but aren’t sure what buyers in your area want, let’s have a chat about how we can get your home sale ready.

03.01.2022 Efficient and co-ordinated the sale process in a very timely manner. Good communication skills and very helpful. -Vendor | 13 Dowlish Street, Davoren Park

02.01.2022 NEW RELEASE - FOR SALE / / 7 Woodlands Road, ELIZABETH DOWNS Grand Family Entertainer with a Sparkling Pool! 3 Beds | 1 Bath | 2 Car ... For more information on this property, contact Mike Lao on 0410 390 250 Property Link: https://www.realestate.com.au/property-house-sa-elizabeth+d

01.01.2022 NEW RELEASE - FOR SALE / / 21 Bellinger Road, ELIZABETH EAST Picture-Perfect Upsizer Ready for a Growing Family! 5 Beds | 2 Bath | 2 Car For more information on this property, contact Mike Lao on 0410 390 250 Property Link: https://edgerealty.eview.com.au//house-sa-elizabeth-east-2

01.01.2022 NEW RELEASE - FOR SALE / / 109 Peerless Road, MUNNO PARA WEST Private, Easy-Care Lifestyle! 3 Beds | 1 Bath | 1 Car... For more information on this property, contact Mike Lao on 0410 390 250 Property Link: https://edgerealty.eview.com.au//house-sa-munno-para-west-

01.01.2022 Thank you for for all the support over the past year. Wishing everyone a much better 2021!