20 Things We Have Learnt about Real Estate
28 April 2017
Real estate is about people not property.
Success comes from client satisfaction.
A happy client is more valuable than any marketing campaign.
The want to provide quality customer service must be the reason you want to come to work every day.
Everyone has an opinion when it comes to real estate but you need to listen to an expert.
It takes passion and energy to last 20 years in a competitive industry.
You are only as good as the team that you work with.
We have consistently sold more properties per sale person than the majority of agencies Canberra wide.
Emotional buyers will always pay more than any investor.
Preparation of a property prior to sale is the key to maximising the sale price.
The Y2K bug was the biggest issue never to eventuate! What a joke.....
First home buyers face the same issues in all generations - you need to make sacrifices to be able to save enough to buy your own home.
A good investment property can come in many different forms but must be purchased at the right price.
Too often investors believe that the rental income from an investment property will cover all expenses including the mortgage but it rarely does.
Investing in property needs a long term strategy with any short term gains a bonus.
All investors should review the benefits of income protection insurance in case you suddenly stop earning an income from your main source of employment.
You can never predict the state of the market but you can be prepared for most circumstances.
Investors worry too much about the minor costs of their investment property without reviewing the largest expense - the interest rate the lender is charging!
Instead of focusing on just maximising the rental amount of an investment property, an investor should focus more on minimising the vacancy of their investment property.
The majority of investors only own 1 property and it is usually located within 5kms of their own home.