Tag: WBP Property Group

Categories
Expert Tips The Block

Block’s Greville Pabst shares tips ahead of Sunday’s auctions

Greville Pabst

By Greville Pabst

This season of The Block is about to come to an end, but we still have one main event left before we say goodbye to the beautiful houses on Regent Street in Elsternwick. The contestants have been working very hard for three months to save five houses from demolition and transforming them into dream properties.

If you are thinking about selling your home, there are a few things you can do to make sure you get the best possible outcome on auction day. Here are 10 tips and tricks you should consider before putting your home on the market:

Restore the old: The front part of the houses on The Block are old period homes and the contestants have done a great job in restoring these original details that have a charm that can’t be replaced, such as fireplaces and crown moulding. Hannah and Clint have even kept the bulky old-fashioned light fittings, but given them a modern touch that ties in well with the period charm.

Add more light: Many of the contestants have done this really well by making the most of the natural light. I was impressed by the large cathedral ceiling and skylight that Sarah and Jason added in their hallway, as it gives you that wow factor and also creates a bright welcoming feeling as soon as you step through the front door.

Jason and Sarah’s light-filled hallway

Fresh curtains and blinds: The sun can easily make the colour fade and it is a quick DIY job to install some new modern ones.

Replace outdated fixtures: A quick, easy and cost-effective fix that will make a huge difference to the look of the house, is to replace old doorknobs and handles. Such a simple change in the kitchen and bathroom can make a massive difference.

Light zones: In four of the five houses, the kitchen, living and dining area is one large open space. Ronnie and Georgia took their open area and created a different mood in each zone by using clever lighting. Carefully planned lighting creates space and purpose to an area.

Bathroom updates: Whitening the grout between bathroom tiles will make a noticeable difference and instantly make the bathroom feel more fresh and clean.

Refresh and repaint all doors: It is particularly important to pay attention to the front door, as this is one of the first thing a potential buyer will see when walking up towards your house. You can make an impressive entrance just by repainting the door and updating the door handle. Jason and Sarah added a beautiful double door, while Hannah and Clint painted their door in a light pink. Have a look around the street you’re in and see what is suitable for the street appeal.

Hannah and Clint’s front door

Replace old yellowing electrical covers: While you’re at the hardware store, pick up some fresh, bright new covers for your light switch and power point covers – throw out the old yellowing ones covered in dust and the kids’ fingerprints. Again, this is quick, easy and cost effective, and will make the house look fresh and modern.

High pressure clean: Make sure to clean the house properly before inspection. And remember, it’s not just the inside that matters — a high-pressure clean of the driveway/paved outdoor area can make a huge difference.

Landscaping improvements: More often than not, an auction is held out the front of the property. This is where first and final impressions happen. Make sure you have trimmed the trees and bushes and cut the grass to make the property inviting. All the contestants restored the period features of the front properties, except Ronnie and Georgia, who gave it a more modern look by painting their house black and adding tiles to the veranda. 

Ronnie and Georgia’s bold facade

With the auction only a few days away, I am sure the contestants are getting really excited (and nervous) about the outcome. There is nothing like The Block auctions — anything can happen!

–Greville is CEO and executive chairman of WBP Group and one of the buyer’s advocates on The Block. He is a regular commentator on Sky News and the daily papers such as Herald Sun, the AFR and The Australian, helping everyday Australians make better property decisions.

Greville Pabst

The Block auction is on Sunday night at 7pm on Nine. We’d love to know who you think will win and why? Please comment below!

Categories
Design DIY RENO ADDICT

Your how-to renovation guide from Block buyer’s advocate Greville Pabst

A well-executed renovation can add considerable value to your property when it comes time to sell it, but home renovations are not for the faint hearted. Renovating your home is a significant undertaking with many things to consider before you’ve even picked up the tools. That’s why we decided to create The WBP Renovator’s Guide to Property, to make all those tough decisions, easy!

Profile shots - Greville Pabst 004 - crop

Each property is unique and needs to be judged on its own merits, including its location, style and size. Taking these factors into consideration will help you decide where your money is best spent.

Researching your suburb and understanding the needs of the demographic of the area is critical to determine where to allocate your funds and maximise the value of your property. For example, residents of lower density outer suburbs will be influenced by different features to those living in higher density inner city areas.

Animation-Campaign---eDM-banner[1]

Our guide to renovating property lists increasing a property’s physical floor space by adding bedrooms, an additional bathroom or a modern kitchen as some of the surest ways to add value. These additions do come at an expense though, so buyers need to avoid overcapitalising — costs should not exceed the value added to the property.

Other features that add value to keep in mind are having manicured gardens and building a garage, all of which can add up to $100,000 to a property’s value.

Greville-Animation---Characters

Before renovating, engage an architect for guidance, source quotes from a local builder and seek property advice to determine market value before and after the proposed renovation. Following these simple guidelines and planning ahead can help save you time and money and significantly maximise the value of your property.

WBP Property Group’s Renovator’s Guide to Property is available here.

— Greville Pabst is the chief executive of WBP Property Group and one of The Block’s new buyer’s advocates.

Categories
Interviews The Block

Introducing Frank Valentic, one third of The Block’s new judging panel

For anyone who loves The Block as much as I do, you would remember Frank Valentic, the entertaining buyers’ advocate whose bidder’s paddle has popped up countless times in the last five series.

frank the block interiors addict

Almost a cast member himself, it may come as no surprise that this year, Frank has been asked back to The Block in an official capacity, forming one-third of the new judging panel – the buyers’ jury.

“The new judging panel is myself (from Advantage Property), Greville Pabst from WBP Property Group and Nicole Jacobs of Jacobs Buying Group. Together, each week after the room reveals, we rate the rooms on what we think the buyers would want. Based less on styling and interior design but more on practicality, functionality and all the other things buyers are looking for.”

frank, greville, nicole interiors addict
Greville, Nicole and Frank

Now don’t be alarmed, the regular judges will still be there! With Shaynna Blaze, Darren Palmer and Neale Whitaker scoring on their usual Sunday and giving the winning team a massive $10,000. However, it’s the following day that will see the buyers’ jury score the contestants, with the winning team snagging $5,000. This will give one couple potential weekly winnings of $15,000, though who knows if that’ll be likely. “I think there’ll be differences between both judging panels. I don’t think there’ll be any major incidents where we’re the total opposite, but there will be some. After all, we’re looking at the rooms from different points of view. Styling’s not our strong point, we don’t care about the colour of the cushions or what the curtains look like, we are looking at the room from the buyers’ point of view.”

Frank with host of The Block Scott Cam
Frank and host of The Block Scott Cam

No one can forget the auction disaster of The Block Glasshouse, where one couple went home with $40,000 and another two couples, a meagre $10,000 apiece. Aiming to deter that from happening again, the buyers’ jury hope to be the answer. “If they listen to our feedback it will make a difference come auction day. It’s really the buyers that make the decisions. Yes, the judges will give feedback, but ultimately, on auction day, it’s the buyers who are putting their hands in their pockets.”

frank darren dea interiors addict
Frank and contestants Darren and Dea

With The Block Triple Threat being Frank’s first real foray into television, he’s found the experience a whole lot of fun, a new challenge and a perfect chance to have some banter with his fellow judges! “This has definitely been out of my comfort zone, but I just try to have fun with it and most importantly give good feedback. Greville, Nicole and myself all get on well. Greville and I have some good banter and Nicole is probably more professional than us, you could describe it that way! We all have different opinions and never agree for the sake of agreeing.”

The Block Triple Threat starts on Tuesday! Find all The Block latest here.

[contextly_sidebar id=”PI8zdyyzzuUGFGbsUYF7hFjjOKQWnH9E”]