Blog & Insights
Why Do Real Estate Agents Lie?
10 Examples with the Best Response of Lies Real Estate Agents Tell in 2020 It is not uncommon for a real estate agent to be tempted into bending the truth to make a sale. This tendency toward dishonesty is perhaps the key reason that the real estate industry has had a...
A BIG Sleeper Tax Is Coming – Act Very Soon
The good news is that this tax will mainly only affect Australian residents living overseas (expats) but the consequences are huge. And most of them are unaware of it. If you know someone in this category, please bring this to their attention. The window is closing....
Lying, Cheating Agents
Of course, there are also the ones that steal. First up, most agents do not cheat or steal on a daily basis. But some do. If your definition of lying is fudging prices to underquote to buyers or overquote to sellers, then there is a substantially larger pool of agents...
Why Prices Will Strengthen Near Burwood/Box Hill
The new Burwood Brickworks opens this week. But this is just the first of a number of very major infrastructure developments in the area. The suburban rail loop is now a real thing. With a new station for Burwood now confirmed by the State Government, this $50 billion...
The Great (Public) Auction Con
Statistics can and are used to trick people. Everyone knows the expression “Lies, Damn Lies and Statistics”. By choosing only convenient stats, almost any argument can be made to sound convincing. Take these two extracts from a recent Herald Sun article on how public...
The Ring or The Property?
In what now seems a quaint idea, people used to save up the money needed to buy what they wanted. In today’s “instant gratification” world, there is no need to anymore. Finance by way of credit cards or personal loans are mindlessly easy to obtain, so why wait? Since...
When A Month Is A Long Time in Property
On the 18th May 2019, Melbourne property was in the doldrums. Whilst the rapid slide had started to slow, everybody expected at least one more significant dip. A recovery was at least 12 months off by broad consensus. Then we had the (“miracle”) Federal election....
Pick a Headline (Any Headline)
Now is a really great time to get support for your opinion on where real estate prices are going; there is the complete range of belief out there currently. Some examples from the last fortnight: Melbourne Property Downturn Over Australia’s house prices to fall off a...
Biggest Price Falls – A Short Opportunity
The inner East and South-East suburbs of Melbourne have seen the largest property price falls in all of the urban areas of Melbourne and Sydney. And our two biggest cities have had the greatest falls of all capital cities over the last year. As detailed late last...
Property is about to become Unpredictable
Buyers want to buy as cheaply as possible. And of course, sellers want as much as possible. Perfectly understandable. When there is broad agreement on values, the solution is often to simply be satisfied that the price is as high (or low) as can be achieved and then...
The Property Ship Just Turned
Ships take a long time to turn around. Their size means it takes a long time to change course. The property market is like a large ship. Compare it to the stock market, which for our analogy is a bit like a speed boat, turns on a dime. It takes something quite...
First Home Buyer? Buy Now!
IF you can afford to do so, there is likely to be no better time to buy your first property. Our new Government, with bipartisan support, has undertaken to ensure that FHB’s can enter the market with as little as 5% deposit, without taking out mortgage insurance. This...