Sunday Blog - Expert property investment insights

RECHARGE & RELOAD YOUR PROPERTY GAME.

Dad Square

Dads and property

By Cate Bakos | July 13, 2019

Dads… every professional bidder’s nightmare, and often a Buyer’s Agent’s challenge when it comes to overriding their best-intended (bad) advice. A father’s support always comes from a good place, but often it can threaten an inexperienced buyer’s chances of success. We see constant examples of this in our travels and it is one of the…

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3223 Portarlington’s growth

By Cate Bakos | July 7, 2019

Two years ago I bid on a majestic block of land in Portarlington for a lovely client who was away on the day of the auction. I recall a huge crowd, flags flying in the strong breeze and a long line of onlookers queuing for their free bite at the Lion’s club sausage sizzle trailer.…

Reza Lamp

Our market has bounced back, but when will the vendors catch on?

By Cate Bakos | June 30, 2019

The property pundits have already put up their Saturday night reports, several with similar angles about the strength of our auction clearance rates, and more specifically, the fact that it hasn’t been this strong since 2017. Surely for anyone who has paid the slightest bit of attention to the doom and gloom stories about our…

SOld Sticker

How do you know the Agent isn’t bluffing?

By Cate Bakos | June 23, 2019

This is a very fair question for buyers to ask. They don’t always have the benefit of a long-standing professional relationship, or acquired trust. And they don’t always know the questions to ask or the ways to handle this doubting concept when the question arises. Buyers often ask us this question when they are faced…

Carrum 2

Why is this ratio *such* a valuable measure for capital growth prospects?

By Cate Bakos | June 16, 2019

Land to Asset Ratio is not a plentiful term in our industry, but it should be. It literally means ‘the ratio of the land content to the total asset value.’ The term has a few variants, but they all refer to the value of the land when benchmarked against the value of any dwelling plus improvements on this…

Monday Minute

How has the property buying scene changed in the last three weeks?

By Cate Bakos | June 8, 2019

Our crazy ol’ market has indeed copped some changes in a short period of time. It’s hard to believe the sales that we were involved in from February to mid-May now that we’ve had two solid weekends of tough auction competition, fast-paced and competitive negotiations, and extraordinarily well-attended open for inspections. What do people point…

Christoper 2

A (Satur-)day in the life of an Advocate

By Cate Bakos | June 2, 2019

It’s never a dull day on a Saturday for us, but this weekend was life in technicolour for both of us. With a renewed level of energy and optimism, it was no surprise for Amy and I to see the auction clearance rate was immediately into the mid-sixties for Melbourne when the 7pm notification came…

Beavers2

Could have these buys timed the trough of the market?

By Cate Bakos | May 25, 2019

In the wake of the election shock result, APRA’s recommendation to ease lender’s servicing buffers, and talk of further incentives for First Home Buyers, it should come as little shock to those watching Melbourne’s property market that a fresh sense of optimism now circles our market. The past two months in particular have been plagued…

Carrie 2

Sex-and-the-city Buyers

By Cate Bakos | May 18, 2019

Amidst the crazy election furor, annoying political ads and badly-thought-out vote grabs, one of the latest knee-jerk ideas of our politicians is to assist a limited number of eligible first home buyers into the market with a handy additional 15% deposit guarantee. What does this mean for buyers? It means that those who haven’t saved…

Cafes

How do we grade a property?

By Cate Bakos | May 12, 2019

We use the term “A-Grade” a lot, but what does this really mean, and how do we distinguish between A-Grade and other grades? In this Buyer’s Market, it’s easy to buy a bargain property. The critical element that buyers need to focus on now relates to the quality of the property. Anyone can buy a…

Auction

“Counterintuitive” bidding: what is it?

By Cate Bakos | May 5, 2019

Just this week a fabulous industry colleague (and friend) tagged me in his thought-provoking post and asked me to comment on this. And indeed I could. I take advantage of this phenomenon often. Tim’s article he handpicked for his post (attached here), explains that the laws of supply and demand don’t always apply to an…

Long Propery Show

When patience pays off

By Cate Bakos | April 28, 2019

In this Buyer’s Market climate, our auction clearances are lower, days on market are extended, vendors are often applying discounts to their asking price, and it’s not uncommon for agents to lose their listings to opposition agents. It’s a different dynamic in contrast to the heady days of 2017. Back in the days of Seller’s…

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