Sunday Blog - Expert property investment insights

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Sofa

Six things to ask yourself before you sign that contract

By Cate Bakos | September 26, 2021

In this energetic, fast-paced seller’s market, peppered with lockdown restrictions and sudden announcements, many buyers are acting impulsively, and some are acting irrationallly. Whether it be time constraints, a huge dose of FOMO, or sheer fatigue, buying a property deserves a thoughtful approach. More now than ever before, we’ve seen and heard of some impractical…

Cheque

Paying the deposit

By Cate Bakos | September 19, 2021

As well understood as a deposit is, it’s not uncommon for deposit payments to be a cause of confusion, (and sometimes concern). As with any significant commercial transaction, any executed contract must be accompanied by a consideration. A consideration is merely a part payment, (usually a small portion of the desired deposit payment). In previous…

Economics Tile

Real Estate and Behavioural Economics

By Cate Bakos | September 12, 2021

I recently listened to Professor Richard Thaler speak on the ABC about his work in the field of economics. In 2017, Thaler was awarded a Nobel prize in his field for his work on Behavioural Economics and his work has been instrumental in government policy, retail, health, and many other applications. What intrigued me when…

Square Vista

Right-sizing… doing it right

By Cate Bakos | September 5, 2021

We often work with down-sizers… empty nesters… or more commonly termed “right-sizers”. Typically this demographic is older, the kids have moved out long ago and their focus is on lifestyle. Specifically, they are determined to introduce more convenience, less maintenance and increased pedestrian amenity to their life. The term “right-sizer” refers to a growing number…

Victorian Inverted

Two bedroom cottages in Melbourne

By Cate Bakos | August 29, 2021

Melbourne’s inner 10km radius suburbs boast many beautiful properties; specifically turn-of-the-century worker’s cottages within the suburbs closer to the CBD. Back in the late 1800’s our inner suburbs were not necessarily home to the wealthy. Our more affluent families sought their family homes on larger blocks in the likes of Malvern, Armadale and some of…

Natural Light Square

Positive property attributes that deserve a value-weighting

By Cate Bakos | August 22, 2021

We assess properties every day, including rigorous comparable sales analysis. Many properties we spot have a standard array of attributes that are easy to compare to others’, however sometimes we spot a property that has a really special offering. Assigning a value-weighting can be challenging, but in cases like these, they deserve a weighting. The…

Auction Cancelled

Why are auctions cancelled?

By Cate Bakos | August 14, 2021

We are often asked this question, and whether it be a buyer’s market or a seller’s market, auction cancellations can strike for various reasons. In this current COVID lockdown climate, it isn’t a surprise to see auction cancellations strike, but what are the driving forces that often initiate an auction cancellation? Today’s Sunday Blog explores.…

Gelli

Escape from the city?…Or need a bigger place?

By Cate Bakos | August 8, 2021

This question has been on my mind for quite some time. One of the advantages a Buyer’s Agent gets is market feedback in real time. Unlike those who have to wait it out for delayed data reports, we are fielding buyer calls and getting a gauge of sentiment from the coal face, every single day.…

Hourglass Thumbnail

The five biggest mistakes buyers make in a seller’s market

By Cate Bakos | August 1, 2021

Every.single.day we are approached with requests for help. In this challenging climate, buyers are reaching out for professional assistance to help navigate our current seller’s market. Many of these buyers could technically prepare their own brief, back-test the feasibility of their purchase strategy and go out to the open for inspections themselves, however in many…

Tile Auction Online

Navigating online auctions

By Cate Bakos | July 25, 2021

Now that half of our country’s population are in lockdown, real estate, (like many other industries) have had to adapt historically standard practices in an effort continue trading. From digital contract execution to virtual inspections, many agents have embraced such methods for some years, but the truth is that COVID-19 lockdowns have shaken up how…

Boardroom Cate

Sticking to your strategy

By Cate Bakos | July 17, 2021

There is so much more to property investment than merely buying a property and watching its capital value movements. From rental yield to outgoings, vacancy rates to tax considerations, the elements are all inter-twined and all important. What is often missed is the strategy. Our long term property investment strategy underpins our approach and our…

Cate Bidding

How we spot a bidder

By Cate Bakos | July 11, 2021

Ever wondered why a buyer’s advocate might position themselves in a particular spot outside the property when the auction bell rings? And have you seen an advocate move to a new position as the auction unfolds? They are, most likely identifying their competition and preparing for a battle. Often people ask how we know who…

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