Sunday Blog

We feature ratios everywhere, from science to economics, health to politics. But there are two ratios in the world of property investing that can make or break success for an investor. When scoring well, each on their own, the investor can anticipate some positive end results, but when scoring well in tandem, the investor is…

Yesterday was busy in Melbourne, and likely in our regional cities too. The sad passing of the Queen initiated yet another public holiday in our already short week, bolstering up the need for vendors and agents to make the most of the weekend preceding the Grand Final. Melbourne’s auction clearance rate (as at early Sunday…

Recently my fellow-podcasters and I recorded a two part podcast episode about the seven things that we sometimes see buyers getting wrong. We initially thought we could cover these seven things in one episode, but as recordings often go, we had so much to expand on, we quickly realised this would span well over an…

Just recently we received an enquiry from a prospective client who was asking about our services while he navigates his property search. He wasn’t so phased about assistance with the negotiation, bidding and searching, and just wondered if we’d just assist with sourcing off-markets. While most prospective clients enquire about the full range of services…

The final inspection is a buyer’s opportunity to check that the property is in the same condition that it was on the day of sale before it is too late for them to have any recourse. Sometimes final inspections are also an opportunity for a buyer to ensure that the vendor has completed a task that they…

A lot of things have changed in our landscape over the past year. Interest rate increases have precipitated a new wave of buyer and vendor jitters, and return-to-work has reignited an appreciation of our city. These two, powerful elements have created significant change across our day-to-day dealings in real estate. This retrospective compares vendor, buyer…

As a property investment adviser, there is one common behavioural trait I often see buyers exhibit when markets turn a bit bear-market, (in other words, when markets favour buyers more than sellers). Many buyers suddenly develop a sharp sense of a quest to buy a bargain. After all, markets have softened, vendors must be desperate,…

This is often an emotion-fuelled, stressful situation for buyers. Imagine a negotiation situation… the agent is clear about the process they will follow when fielding multiple offers. The contracts are sent to the various buyers and a multiple offer scenario starts to unfold. We all assume that vendors what the highest price, but what happens…

This would be one of the most commonly misunderstood concepts, yet every second headline in the finance pages suggests that the property markets are about to tumble because of a supposed correlation between interest rate rises and property price movement. The key assumption many are making is that an increase in the cash rate will…