Sunday Blog - Expert property investment insights

RECHARGE & RELOAD YOUR PROPERTY GAME.

#propertyvideo

Property videos: how reliable are they?

By Cate Bakos | April 12, 2020

In the midst of the COVID-19 shutdown, our challenges in the real estate industry in Victoria deepened when Consumer Affairs issued a notice to all agencies on the eve of our Easter long weekend. The message was clear; no private inspections with consumers were to take place in any owner-occupied or tenanted properties. The only…

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What is a material fact?

By Cate Bakos | April 5, 2020

Five years ago, while inspecting a line up of properties in Ballarat for a client, the agent I’d asked to show me through the properties stopped outside the second one, turned to me and said, “Cate, I need to tell you this. Something not-so-great happened in this house. I know how much you care about…

#kiakaha

Working through COVID-19

By Cate Bakos | March 31, 2020

It’s been two and a half weeks since this pandemic was announced, and a lot has happened in two and a half weeks. A lot of turmoil, a lot of upset, a lot of announcements and a lot of change. Who knew we’d be thrust into the various situations we find ourselves in? And who…

#auctiononline

Who is buying property during COVID-19?

By Cate Bakos | March 28, 2020

There is no doubt about it. Buyer’s Agents are finding that a significant portion of their current clients are opting to put their search on hold, but not all clients are doing so. In fact, roughly half of our clients have been clear that their purchase strategy and timeframe stay on course as per their…

#auctionflag

Property update snapshot

By Cate Bakos | March 22, 2020

This would be my latest Sunday blog ever. It’s 10pm. I don’t think I’ve ever worked continuously through a weekend like I have this weekend. It’s been utterly strange. From last minute boardroom auction notifications to urgent agent calls, alerting me to a property selling, weekend solicitor reviews and hurried second inspections, buyer behaviour has…

#choosewhoyoulistento

COVID-19 and the Property Market: #choosewhoyoulistento

By Cate Bakos | March 20, 2020

We’ve had many clients, past clients, industry colleagues and consumers reaching out to us to ask about our current market experiences and our thoughts on how this COVID-19 pandemic could impact the property market. None of us know how long this will last, but what we do know is that our RBA has taken unprecedented…

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How is COVID19 impacting property?

By Cate Bakos | March 14, 2020

Last month started with a lot of reports from China. News of quarantining, cities being shut down and talk about where this virus originated. One month later, it was in our country, spreading around Europe, Iran and South Korea at pace, but still not really at the forefront of most Aussie’s minds. When our supermarket…

Genie

What value do Buyers Agents deliver?

By Cate Bakos | March 1, 2020

We are often asked the question, “will I recoup the fee I pay from your negotiating power?” The answer is, “maybe, but not necessarily.” It is almost impossible to measure. We can’t simulate the same negotiation again with a DIY negotiator as the variable. Consumers seek the services of a Buyers Agent for multiple reasons,…

#stopwatch

Timing the Market

By Cate Bakos | February 23, 2020

Now that Melbourne’s dismal property market downturn is behind us and auction clearance rates have struck 80%, many property pundits are contemplating their missed opportunity and feeling despondent about the fact that they could have, (-but didn’t) purchase an investment property in the pre-election, buyer’s market conditions. Taking this property as a case in point; past clients…

#icedtea

The measure of a good property manager

By Cate Bakos | February 16, 2020

The importance of selecting a great property manager can’t be understated. We adopt a seven step process with our investor clients, and the interviewing, selection and matching of a great property manager is one of our seven steps. Our team even consists of a dedicated Post-Sales Advocate to fulfil this important selection and introduction. Being…

#land Tax Grimace

Land Tax

By Cate Bakos | February 9, 2020

Nobody likes it. Plenty of investors don’t understand it. There is often some degree of controversy around it, and the rules are quite confusing. So how do we navigate land tax? Land tax is a state-based tax, not a federal tax. All of the states have varying tax rates and tax thresholds*, with the Northern…

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Defining effective auction bidding?

By Cate Bakos | February 2, 2020

The number of people I’ve met who believe that auction success is solely based on budget is numerous. Plenty of buyers believe that bidding style has zero impact on their chances of success. What they misunderstand is two-fold. Firstly, they are assuming that every other potential bidder is resistant to any sense of fear, intimidation,…

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