Great morning with colleagues from Brisbane
I spent the morning today with Maddyson and Zoran Solano from Hot Property Buyers Agency and Hot Property Management based in Brisbane. We are both members of REBAA and Zoran is the Queensland State Representative and I am the Victorian State Representative. As you can imagine, Melbourne coffee fuelled active conversation on REBAA and the […]
2017 Residential Tenancies Act Review
The Victorian Government has been undertaking a review of the Residential Tenancies Act 1997, as a part of its platform for housing related initiatives entitled ‘Fairer Safer Housing’ over the past year. The final RTA Options Paper outlines an extensive range of proposed changes which are extremely concerning to the REIV and may have substantial […]
Estate Agents Council appoints Janet Spencer as Member
I am very honoured to have been appointed a Member to the Estate Agents Council (EAC) in Victoria. The Estate Agents Council (EAC) reports to and advises the Minister for Consumer Affairs on: – the operation of the Estate Agents Act 1980 (the Act) and its regulations – the efficiency and effectiveness of industry regulation […]
Buyer Solutions pulls out of investment property purchase. Why?
To save our client money and to ensure they buy a better property. What happened? We inspected the property Wednesday. The selling agent assured us there were multiple other buyers and he was selling the property on Thursday. They would not allow a building inspection before offers were remitted which was an immediate red flag. It’s […]
Our client had the budget, so why did we stop bidding?
One of the biggest concerns potential clients have when considering hiring a buyer’s agent is whether they will overpay. Many buyer’s agents charge a percentage of the final purchase price. The higher that price the more the Buyer’s Agent gets paid. And here lies the main difference between a greedy buyer’s agent and an honest […]
What are people looking for on realestate.com.au?
We all know how tight the competition is for quality properties in Melbourne and there is no sign of this changing any time soon. Here are a few statistics from realestate.com.au that may help you understand the property landscape a little clearer. Based on the number of clicks per online listing, Melbourne has the country’s […]
Foreign investment targeting Melbourne’s fringe
Land on Melbourne’s fringe is being rezoned from farmland to residential in an attempt to address Melbourne’s housing affordability yet a recent The Age article uncovered that developers are still looking overseas to attract buyers. The Labor government rezoned and released land as they saw this as the only solutions to the housing shortage and […]
Buying better with Buyer Solutions
Buyer Solutions bought on prestigious St Kilda Hill last weekend. Interestingly, in this tightly held pocket of Melbourne real estate, two almost identical Art Deco style one bedroom properties were offered for public auction only two hours apart. The first without car parking sold first at 11 am for $530,000. The second had car parking and […]
Iconic Richmond Fire Station for sale
On December 3rd the former Richmond Fire Station at 131 Lord Street will be auctioned by Jellis Craig Richmond. Still standing in its original condition the Fire Brigade Station was designed by John Augustus Bernard Koch, an architect who practised in Richmond and Hawthorn and designed over sixty buildings for the City of Melbourne in […]
Avocado toast versus buying your first home
The big avocado debate – is saving for a home deposit as easy as going without for a little bit? Is cutting discretionary spending the key to your first home or is saving to buy a home just mission impossible? Do Millennials Stand a Chance at Getting Into the Property Market? Last month, millennials were […]