Archive for 2018
Why do some investors insist on a house on a FULL block?
There is a strong investor consensus that houses on full blocks out-perform units or strata properties. In the same quality street within the same suburb this may be true, but this long-held investment philosophy has many angles. And often this philosophy is wrong. The four common reasons that influence buyers to hold this firm view…
Read MoreBuyers in knots over balancing investment-grade with homely
The Elephant in the Room: Episode 23 | How to negotiate for property like a professional
How to negotiate for property like a professional
If rain doesn’t deter bidders, what does?
Yesterday’s auctions in Melbourne were a challenge for agents and auctioneers when our skies turned grey and rainfall struck. Some auctioneers battled the rain as it came in sideways, with staff offering umbrellas and buyers taking cover under eaves and garages. Others chose to take the buyers inside, with their auction calls held in vendor’s…
Read MoreWhy we don’t rely on ‘verbal’ offers….
Years ago as a young real estate agent I had a great boss who reminded us all that an offer was never an offer until it was on a contract. He also used the line “strike while the iron is hot”, and while these were good pieces of advice for selling agents, they are ingrained…
Read MoreFocus on period grandeur in Ballarat – On A Budget – Australian Property Investor
When a property passes in
Auctions are high adrenaline environments and a buyer’s blood will be pumping if a property passes into them. Pass in’s can create mixed emotions. For a buyers advocate it’s an ideal scenario, but for a some it can invoke a sinking feeling of self doubt. Without the ‘social proof’ of competition, people tend…
Read MoreSpotting a red flag….
When searching and shortlisting for property in a familiar area, our strike rate for spotting an investment-grade property on the internet is around 25%. Out of a possible hundred properties, we can filter the off-the-plan options out, recognise main roads and reject them, spot a busy neighbouring allotment and skip past, recall a less desirable street, steer…
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