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RECHARGE & RELOAD YOUR PROPERTY GAME.

Confused

Why would a vendor accept the lower offer?

By Cate Bakos | July 31, 2022

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…

Square Bank

Understanding borrowing capacity

By Cate Bakos | July 24, 2022

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…

March 21 Movement

Buying at the bottom of the market cycle

By Cate Bakos | July 17, 2022

This is such a dilemma for so many. In principle, it sounds so good. If only we could have the courage to do so, yet most don’t. All of the market leading indicators in the world won’t take away from the fact that when a market has fallen, prospective buyers are generally more fearful of…

Lollies

Choice paradox: a threat to buyer success

By Cate Bakos | July 10, 2022

In our role as advisors, we see all kinds of human behaviours in our clients along their varied journeys. Some behaviours are enablers, some are just part of the process, and others are disablers. One critical disabler relates to the inability to make a decision, and this disabler can grip for many reasons, including third…

Lemons

What can make a property a lemon?

By Cate Bakos | July 3, 2022

We hear this word often in the pejorative and the idea of it applying to a property can leave any investor or home owner feeling quite despondent. There are many elements that can contribute to devaluing a property or creating stress for the owners, and depending on the owner’s risk appetite, cash flow, experience and…

Auction Tile

The biggest threat when a property passes in

By Cate Bakos | June 26, 2022

A pass-in auction result is more prevalent in a softer or declining market. There are all sorts of tips and ideas that I can share when this results, but all of the advice on the planet won’t help a buyer if they are letting their own fears threaten their strategy. I often say to our…

Fiona Caruso Tile

Thomastown, Melbourne

By Cate Bakos | June 19, 2022

We are actively assessing the rate of change of demographic data, and as we approach our most recent Census data-release date, we are a bit gripped with excitement to commence yet another hefty round of suburb analysis. Over the past decade we’ve combined our coal-face observations; from organic buyer demand increases and attitudinal changes from…

Tile Building Costs

Why property values won’t plummet

By Cate Bakos | June 12, 2022

There is so much talk of doom and gloom in the media and it’s making it very difficult for many buyers and sellers to make informed decisions. Bad news seems to sell papers. Since our first interest rate rise in eleven years, the most commonly asked question I’ve been fielding is, “Cate, is it a…

Cate Tile

Looking back on my own investing journey

By Cate Bakos | June 5, 2022

It’s easy to find fault in our individual investing journeys, particularly when we consider all of our valuable learnings over the decades and reflect on some of the early decisions we made. A number of my own acquisitions were made preceding my time as a buyers agent and I often reflect on the things that…

Road Trip

Making a move across town

By Cate Bakos | May 28, 2022

So many people have done it, my little family included. Back in 2012 we made the bold decision to shift our life from beachside Aspendale to inner-west’s Yarraville. The move was not a consideration we took lightly. Our friends, my husband’s work, our daughter’s school, my family… they were all around Aspendale. But after a…

Cate Sold Board 2

How are 2022’s buyers different?

By Cate Bakos | May 22, 2022

We’re all familiar with the various ways that lockdowns and COVID-19 shaped our preferences and criteria when it comes to selecting real estate. Some of those changes have been hallmarks of the era, while others are more permanent. But 2022 is different for various reasons. We have conflict in Ukraine, supply chain woes, inflationary pressures…

Tile 0.25%

How do interest rates impact capital growth?

By Cate Bakos | May 15, 2022

For ten days now, I’ve been asked this question. I’ve reflected on the stark contrast between this month’s consumer reaction to a 0.25% rate increase, versus our reaction to such an increase in the years that consecutive rate increases were applied. For owner occupiers and investors alike, as much as we didn’t like the rate…

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