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Question of Trust in Property Adviser

We've said it before, the property investing industry is an unregulated one. Property investment advisors don't need to be qualified or have any formal education to be giving out property investment advice so how would be able to place your trust in property adviser. So if you are just starting on your investment journey, how do you know if the pro...

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Case study: How to make $140,000 loss in 10 years

I had this interesting conversation with someone on the phone this week where they were tossing up whether or not they could justify the expense of getting a buyers agent to be involved rather than just doing it themselves. So I unpack that conversation a little bit and the good news is they were a property investor already which is great. Let's be...

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My Big Fat Property Mistake

If you ask any property investors out there if they've made any mistakes along the way, the answer would most probably be yes. It doesn't matter if you've invested for a long time, you would make some property mistake along the way. That is the way most investors learn and hopefully, those mistakes aren't irreversible. In this issue of Australian P...

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Renovating does not equal Riches

How exciting it is to see someone who has actually done a renovation project and they've made hundreds and thousands of dollars in it. You might think that it is easy to, I guess, replace the yield income by doing a renovation project. We've all probably heard some stories and we've seen the television shows with the really great outcomes and of co...

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Tips for Buying at Auction – Part 4

Auction Tip No.5 Now my fifth tip is if you're actually a bit fearful or have some anxiety around the auction process, why not engage the services of a professional buyers agent? Because Buyers Agents are generally in the field all week, looking at properties and have attended and bid at hundreds and hundreds of auctions. So you can actually tap i...

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Underquoting Is it a Myth or Does it Exist

“Quote it Low and Watch it Go” This is the term used by some real estate agents in the past but is now becoming extinct with updated legislation from the REIV coupled with large penalty fines. The truth is, many people buying at auction and within the general public are not aware of the relevant authorities and peak bodies that are trying to s...

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What do you Look for in a Buyers Advocate?

If you're looking to work with a Buyers Advocate, you need to ask the question: What am I looking for in my Buyers Advocate/Buyers Agent? Well, the first question is coming back at you and that is why are you actually buying? If you're buying for owner occupier purposes, then a local buyers agent who knows their city, or their area within the ci...

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Buying an Off Market Property

As Buyers Agents, we absolutely love a good off market opportunity. The key here is having a great network, as these kinds of property sales, while perhaps not having to deal with anywhere near as much competition, require strong property market understanding and negotiation skills if the buyer is to get a good deal. When the market is humming a...

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What’s in the New Season of LLLA

>> Play Audio Here   The return of Location Location Location Australia Season 3 on the LifeStyle Channel had brought a lot of entertainment on each household's Wednesday nights. Kevin Turner from Real Estate Talk interviews Bryce and asked him about what's in the new season of LLLA. Here's a snippet of the interview: "Kevin: Bryc...

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Uniformity for Buyers Advocate License

>> Play Audio here   In this podcast, Kevin Turner from Real Estate Talk interviews Ben and asked him about the issue that we have in our property industry across Australia: The lack of a uniform Buyers Advocate license. Here's a snippet of the interview: "Kevin: I want to take this subject one step further. I’m talking now to t...

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