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Real Estate Right

187 Episodes

33 minutes | Mar 15, 2023
Ep160: Sophie Lyon - How to Complete a Condition Report When Starting a Tenancy?
Starting a new tenancy, especially if it's moving out of the family nest for the first time, is a right of passage. It's your chance of freedom, your chance to find out more about your own capabilities in life and your opportunity to become your own person. Even for the seasoned tenant, the rules change when it comes to condition reports, so we thought we would give you this episode on 'How to Complete a Condition Report When Starting a New Tenancy.'   Sophie Lyon from Jellis Craig Boroondara is a powerhouse when it comes to the Victorian property management space, and she's our power house here at Real Estate Right!   Today we are talking about how to complete your condition report when starting a new tenancy, so let's get to it!    
29 minutes | Mar 8, 2023
Ep159: Nello Traficante - Understanding Land Tax
Land tax is a phrase that gets thrown around when you start building an investment portfolio. It's also a phrase that gets thrown around when you understand property taxes from another country. But what is land tax in Victoria? When does it apply, how much is it, and how can we minimize our opportunity to not pay land tax? We're going to find out right here!   Nello Traficante, from Bellmonts Accountants & Advisors, is a respected tax advisor with over 37 years of experience advertising property owners about various aspects surrounding property acquisition.    Now, we are touching on the sticky topic of land tax today. In reality, how many people actually pay land tax?   1. So what is land tax? 2. When do we have to pay for it? 3. How much do we have to pay? 4. How does land tax get assessed?          a. Who values your property/assets? 5. Is it state or federal tax?          a. What is land tax used for by the government?          b. Recently, Queensland tried to put as legislation that they would tax those who owned property in Queensland a tax for all their properties, no matter which state or country it sits in. The idea has since been 'shelved'. However, it begs the question, how different are the land taxes between each state?          c. Are there any other proposed changes to the current land tax obligations in Victoria? 6. How is land tax paid? For instance, do you get a bill or is it part of your income tax return?      
35 minutes | Mar 1, 2023
Ep158: Chris Christofi - Why You Should Buy an Investment Property Before Your First Home
Today, we are breaking all the rules and talking about buying an investment property before you buy your first home, which may go against the grain for some, but after you've listened or this, you'll be convinced that it's the better way to go. And we have the perfect person to tell us all about it - Property wealth creator Chris Christofi from Reventon.  Multi-award-winning businessman, best-selling author, philanthropist, Vinnies ambassador, and property investor, Chris Christofi, from Reventon, came from a humble beginning and has since built his wealth and others -through the power of property investing- to the success he is today.    Below and some questions we will be discussing in this weeks episode;   1. if you were surrounded by 20-somethings with a cash deposit for a property, why should they seriously consider buying an investment property first?   2. Most 20-somethings will be counting on using the government incentives to buy their first property. Is there any way we can make the government incentives work for us for an investment?   3. So, say you’ve convinced my 20-something-year-old son and everyone else wanting to buy their first property. What criteria makes for an ideal first investment property? Type of property? What suburbs/towns/regions? Type of turnover – should we calculate that as a percentage? What type of tenant it will attract? 4. Which professionals do we need to support us on this journey?   5. Most people would look at a house and say ‘this is the one’, but looking at a property is the last thing we should consider, isn’t it? What steps should we take to ensure the process is in the right order?   If you would like to hear fantastic investment advice from expert property investor Chris Christofi, give this episode a listen now!    
43 minutes | Feb 22, 2023
Replay Ep 116: Alistair McLean - The Appeal of Mid-Century Modern Homes
Over the last 5-10 years, there has been a real surge in interest to embrace the character in homes built between 1950 and 1980, especially with those in their 30s and 40s. It’s a style that makes them reminiscence about their family home or their grandparents’ home, but is also an era that’s got the character but without the hefty price tag of a period home of the 1800s-1930s. Today, we are going to talk about the appeal of the retro and mid-century homes with dr retro! An expert architect.   Alistair mclean is the principal of secret design studio, a small boutique design consultancy focused on mid-century design including architecture and interiors. Alistair’s practice is based in melbourne, though he helps clients across australia with design advice that is in sympathy with their mid-century homes through his ‘dr retro’ consultations.   If you'd like to hear the answers to questions such as; Firstly, what is a mid-century or retro home? What’s the difference between mid-century and mid-century modern? What era do you consider to be retro? What age group of buyers are keen on buying homes from the 1950s to mid 1980s to renovate? What elements and structural attitubes do they love about them? Where does a new owner start with a renovation to a mid-century home? We recently saw on ‘the block’ that a neil clerehan designed home was renovated, trying to be in keeping with the architect’s original vision. Which architects could fetch a premium?   Then listen to our Replay Episode 116!  
25 minutes | Feb 15, 2023
Replay Ep71: Josh Summers - Flipping Properties
Flipping properties is something that can make you quite wealthy if you know what you're doing and have the right people behind you...if you don't... it could be a financial and physical mess. Today we have an expert 'Flipper' to explain what you need to get started. Josh Summers is the co-owner of Universal Property Company, who is our expert property flipper. Josh has been involved in the construction industry for 15 years.  Josh and his business partner Tony created Universal Property Company to specialise in the acquisition and restoration of established properties to resell. 1. How does one 'Flip a Property?' 2. What sort of return as a percentage are you looking for when you search for a property to flip? 3. What suburbs are the best to find properties to flip? 4. In terms of renovations, what should be the bare basics you should do when you flip a property? (ie paint, floors, new kitchen, bathrooms, etc) 5. What are some of the structural issues that makes you decide this is the right property to flip or it's not? 6. How often do you find that you need to do things like re-wire, re-plumb, re-stump, etc? How much can that add to your budget? 7. What are some of the key recommendations you should do before you buy a property to flip? 8. What financial concerns should you have when flipping a property? (tax, unforeseeable costs, agent's fees, etc) 9. Lastly, can you give us an indication on what is the most you've made on a property, and what has been the least?   Contact Josh at: www.universalpropertyco.com.au Follow universalpropertyco on Instagram.   Need Copywriting? Call the 'Real Copy Right' Hotline: 5977 8889  Email: orders@realcopyright.com.au As well as sales copy, we can also assist you with:  Rental copy Staff profiles for your new and existing staff members Marketing letters/emails Newsletter articles Marketing material for listing kits, mail outs, etc Website blogs Large scale development brochures and websites  
44 minutes | Feb 8, 2023
Replay: Ep1 - Frank Valentic: How Can You Add Value Without Spending a Fortune?
'The Block' favourite, buyer's advocate Frank Valentic from Advantage Property Consulting explains how to add value to your property without spending a fortune. It’s amazing how many houses we go through and the owners have spent good money on things that could put a buyer off – like different tile combinations in bathrooms rather than being consistent, yet they forget to fit out the wardrobes with shelves and drawers to have more effective storage. We want to get the expert advice on what’s the best way to spend your money & add value to your property without spending a fortune. Frank valentic has been regarded as one of melbourne’s trusted opinions in the melbourne property market for almost 2 decades. He's also been a regular buyer’s advocate on ‘The Block’ for all of the  Melbourne series. 1. What elements of a house add value to the final price? 2. My biggest bug bear is seeing mirrored boxy wardrobes in a period home, what value do buyers put on storage and the quality of storage? 3. Ken from Deer Park has an unusually large second living area which gets used as a bit of a dumping ground. He’s worked out a way that he could possibly put in a wall and a door to create a 4th bedroom in his home and still have a 2nd living area. a. Would he need to get council permission to do that? b. Would he need to get a professional builder to do it to get a building certificate, or could he do it via the video school of YouTube, his better than normal carpentry skills, and a few mates for the price of a slab of beer? c. What sort of price difference could Ken be looking at, between a 3 bedroom and 4 bedroom home? 4. Say you had $10,000 to spend on getting your property ready for sale, where would you spend it to maximise your return? 5. Is it worth getting attached non-working appliances, such as alarms, superceded heaters, dishwasher, etc in working order before the sale, or disclose that they don’t work? 6. With more people working from home and people wanting to create a bit of income from their property, a lot of people like to add a bit of flexibility within their floorplan, what are some good suggestions that will add value to your home? 7. First impressions count, so how much work should we put into our front garden and entrance? 8. Linh from Box Hill is feeling a little overwhelmed with what she has to do, and how much she has to pay, just to get her home ready for sale. She knows she has the sales commission, the advertising and all the maintenance of her home to pay for before she can get her agent to show people. She’s been advised to get her property styled with modern furniture, and she’s thinking it’s just another cost. What’s your advice on getting your home styled, and is it really worth it? 9. Is there anything regular that pops up that property owners are doing that could be decreasing the value of their home?   CONTACT: Advantage Property Consulting: Call:  03 9883 8900 Website: http://advantageproperty.com.au   Need Copywriting? Call the 'Real Copy Right' Hotline: (03) 5977 8889  Email: orders@realcopyright.com.au Website: www.realcopyright.com.au As well as sales copy, we can also assist you with:  Rental copy AirBnb copy Staff profiles for your new and existing staff members Marketing letters/emails Newsletter articles Marketing material for listing kits, mail outs, etc Website blogs Large scale development brochures and websites Award Submissions
55 minutes | Feb 1, 2023
Replay Ep10 - Kim Steel: The AirBNB Revolution
Kim Steel from Property Mums is the ultimate AirBNB investor, making over 20% return on most of her properties. Listen in to hear some of the tricks of the trade and how you can maximise your investment dollar. I’m really excited about this episode. Imagine investing in property and getting a massive 20% return each year. The key is finding the right property, setting it up right, and having the right people look after it for you. It’s all about getting it ‘Real Estate Eight’ – yes, it’s the perfect episode for us. Today, we have Kim Steel from Property Mums telling us exactly how to go about it. Intro: Kim Steel has been a property investor for 25 years. 12 years ago, she changed her tact, and changed her properties from long term leasing to short term leasing. She is the founder of Property Mums, a company that styles, mentors and manages some very busy AirBNBs in Melbourne, on the Mornington Peninsula and in Hepburn Springs. With some of her properties ranked the highest earners on AirBNB, welcome Kim. Grant: Kim, what made you change your tact from long-term leasing to short-term leasing? 1. What do you need to consider when organising a house or apartment for AirBNB? a. Furniture b. Utilities c. Kitchenware d. On-going supplies – dishwashing liquid, washing powder, shampoo, soap, toilet paper, etc e. Gardening and external maintenance f. Entertainment – dvds or subscription service, internet, sporting goods, etc g. Pre and post guest cleaning 2. How much should you budget to get all the things to set up a furnished property for holiday accommodation? 3. What would you expect from a premium AirBNB vs a standard AirBNB? 4. Kristen from Moorabbin is wanting to start up an AirBNB in Inveloch, she was wondering if all AirBNBs provide breakfast (considering the name of the sharing platform)? 5. What sort of return should you expect from your AirBNB in its first year? A)how about subsequent years? Should it be consistently increasing? 6. How often should you change the furnishings and décor? 7. You’re a company that provides a service for investors, what sort of percentage do companies like yours take to manage an AirBNB? 8. What do you do differently that makes it appealing to investors to use your services? 9. Do you trust the AirBNB or other holiday-stay software to get bookings and payments right? 10. What about insurance? Do AirBNB offer insurance? 11. Are you prepared to reveal your formula? 12. What would you expect to be different between a city based property and a rural or coastal based property? 13. What’s a super host and what difference can it make? 14. Some of the councils are now asking investors to inform the council about their short term leased properties, even if it is just a room to rent? Do you know why they are doing it? a. Do you think that it’s an opportunity for them to add more to the rates?   Contact Kim Steel at www.propertymums.com.au   Need Copywriting? Call the 'Real Copy Right' Hotline: 5977 8889  Email: orders@realcopyright.com.au As well as sales copy, we can also assist you with:  Rental copy Staff profiles for your new and existing staff members Marketing letters/emails Newsletter articles Marketing material for listing kits, mail outs, etc Website blogs Large scale development brochures and websites Award Submissions
14 minutes | Jan 25, 2023
Replay Ep56 - Dean Davis and Emma Nuttall - The Process of Styling
Styling a property for sale is a process. Comfortably it should take weeks to ensure stylists get the perfect look for your home, but it usually takes just a number of days. The reality is, most home owners and investors don't know what questions to ask to get your property looking perfect. Today, we are going to find out what questions you should ask, and how your stylist can make it happen. Qualified builder and electrician Dean Davis, together with his interior designer wife Michelle, created M+CO Property in 2016 to create a styling and renovating powerhouse for the real estate industry. They offer the complete package of a pre-sale presentation service, providing furniture hire, professional styling, trade and renovation services, as well as interior design. 1. Most people get confused with the expectations of styling a home for sale. Do they need to style every room to sell a property? 2. Can you use some of your own furniture and accessories? 3. What's included in the styling cost? 4. Do I need to pay for the insurance for the styling furniture? 5. Patricia from Caroline Springs wants to know if she can live in the house with styling furniture and accessories? 6. What's the expectation, or duty of care with looking after the styling furniture? 7. You do such a great job making the beds and couches look so inviting, if we need to use the beds and couches for everyday living , how can we try and replicate what you've done for the open for inspections? 8. Lastly, if our property doesn't sell within the contracted time, which is generally 4 weeks, how long do we have before you come and take the furniture away?   CONTACT: Email: info@mcoproperty.com.au Address: 13 Roper Street, Moorabbin 3189 Phone:  0410 246 030   Need Copywriting? Call the 'Real Copy Right' Hotline: 5977 8889  Email: orders@realcopyright.com.au As well as sales copy, we can also assist you with:  Rental copy Staff profiles for your new and existing staff members Marketing letters/emails Newsletter articles Marketing material for listing kits, mail outs, etc Website blogs Large scale development brochures and websites Award Submissions
9 minutes | Dec 14, 2022
Ep157: Christmas 2022 Episode
Sue Langeder, podcast host and producer recaps the year for both Real Estate Right and our copywriting company, Real Copy Right. We've reached some great milestones and had a fantastic line up of guests over the past 12 months. As we countdown the final days till 2023, look out for our 7 days of giveaways on social media where you will need to answer a question that is answered in this episode for your chance to win!  Thank you to all our podcast guests who came on the show this year. To everyone who downloaded, subscribed and listened in, we appreciate your support.   Our last day for business is December 23rd 2022. We will be back on Monday 9th January 2023.   Need Copywriting? Call the 'Real Copy Right' Hotline: 5977 8889  Email: orders@realcopyright.com.au As well as sales copy, we can also assist you with:  Rental copy Staff profiles for your new and existing staff members Marketing letters/emails Newsletter articles Marketing material for listing kits, mail outs, etc Website blogs Large scale development brochures and websites Award Submissions  
33 minutes | Dec 7, 2022
Replay Ep78: Nello Trafficante - Using Your Equity to Buy an Investment
When do you hit that sweet spot in your mortgage that you can think about using the equity in your home to buy an investment property? How do you go about talking to banks and your accountant about the possibilities? Today we are going to find out how you can use the equity in your home to build that investment portfolio you've always wanted, and make your capital worth grow. Nello Traficante, Director and Founder of Bellmont's Accountants and Advisors has had 35 years experience in structuring and advising clients about how to purchase property. 1. There are a lot of home owners making monthly repayments on their home loans, but not realising that there is plenty of capital in their homes to leverage it to buy an investment. What percentage of equity should we have in our home to start looking at investing? 2. What type of property makes the best investments for first time investors? 3. Who should we have on our team when buying an investment property for the first time? 4. What sort of return should we be looking at?     a). How much of that return should we be putting aside each month to cover extras, like maintenance, property manager fees, council rates, etc? 5. How do we structure a property purchase to make it tax effective?     a). Lidia from Sunshine wants to know, do we need to set up an ABN or a trust to invest in property? 6. What can we claim as depreciation?     a). Can travelling to our property be a tax deduction?     b). What about when the property is vacant, is there any special deductions? 7. What are some of the common mistakes first time investors make when buying their investment property?   Nello can be contacted by email: admin@bellmonts.com.au  or call: (03) 8849 0090.     Need Copywriting? Call the 'Real Copy Right' Hotline: 5977 8889  Email: orders@realcopyright.com.au As well as sales copy, we can also assist you with:  Rental copy Staff profiles for your new and existing staff members Marketing letters/emails Newsletter articles Marketing material for listing kits, mail outs, etc Website blogs Large scale development brochures and websites Award Submissions
32 minutes | Nov 30, 2022
Replay 61: Tonya Davidson - Tips When You’re Preparing Your Home for Settlement
I've been through a variety of different settlements throughout the years and I've definitely had my favourites and not so favourites. Every agent has their own unique way of doing a settlement and most don't give their owners advice on how they should prepare their property for settlement. Unfortunately, there are no rule books or legislation that there is a structured way of leaving your property and by the time it comes around, it's usually quite rushed. Today, we are going to give you some great tips about how you should, in good conscience, prepare your home for settlement for the new buyer. Tonya Davidson is an award winning auctioneer and negotiator. Tonya's career began in 1992 and throughout the years, she has won many state auctioneer awards, numerous sales awards and even voted as one of the 30 Most Successful Business Women in Cosmopolitan Magazine. Tonya has enjoyed a successful career in residential sales in Melbourne's Inner East and has also coached and trained many other agents. Throughout the years, she saw a disparity at the negotiating table, where buyers were left feeling vulnerable and bullied into paying more, so she began Davidson Property Advocates to negotiate on behalf of the buyers and help them through the buying process.  1. What are the basic requirements vendors should do to settle a property? 2. Should buyers inspect the property a few days prior to settlement to verify that the house is how they bought it? 3. Should vendors go through the property with the new buyers to explain how the house works, like watering systems, pools/spas, heating systems, ovens etc? 4. When I bought this house, we had holes in the walls from where televisions were hung, wrongly painted patches in the walls where they tried to fix where TV's or pictures used to sit. It wasn't good. Should that be acceptable for settlement or could we run the risk of buyers asking for a reduced sales price to fix the walls properly? 5. Should all keys to the house be left? For instance do we need to call Aunty Maud, who had a key when she fed the cat when we were on holiday. Should her key be part of the package?     a). Should all keys be labelled to which locks they open? 6. Should we be contacting suppliers to the house - pool maintenance people, newspaper delivery, mail, gardeners, cleaners etc...  to tell them that you are leaving?     a). Should we ask the new buyers if they would like to use the same suppliers? 7. What happens if the vendor leaves items at the house? Should the property be settled? Again, could the buyers ask for a reduced price through their conveyancer to get the old items removed? 8. Kerrie from Burwood loves her ASKO Dishwasher and wants to take it to her new home, which doesn't have a dishwasher. Kerrie sold her home with the ASKO dishwasher, and is happy to replace it with another dishwasher, but it won't be an ASKO, probably something much cheaper. Kerrie wants to know if she is allowed to do this? 9. Should you leave an address or phone number for the new buyers so if they receive any mail or packages that belong to you, they can forward it to you? 10. Are there any other tips you suggest vendors should do before settlement day?   CONTACT: Tonya Davidson can be contacted by email at: tonya@davidsonadvocates.com.au or by phone on: 0417 391 987.    Need Copywriting? Call the 'Real Copy Right' Hotline: 5977 8889  Email: orders@realcopyright.com.au As well as sales copy, we can also assist you with:  Rental copy Staff profiles for your new and existing staff members Marketing letters/emails Newsletter articles Marketing material for listing kits, mail outs, etc Website blogs Large scale development brochures and websites Award Submissions
45 minutes | Nov 23, 2022
Replay Ep42: Nicole Jacobs and Barry Sloan - Auction Tactics
We will be talking to both a buyer's advocate and an auctioneer about the best tactics for bidding. Wanting a buyer's agent perspective on tactics, prestige buyer's advocate Nicole Jacobs, from Whitefox Advocacy is here again to talk to us about the buying side of an auction. Nicole is featured as one of the Buyer's Advocates on 'The Block, is featured on 'Open Homes Australia' and regularly gives her advice through radio and print media channels. 1. How eager should we show the agent that we want the property, prior to auction? 2. What's the ideal bidding strategy? 3. Clare from Beaumaris wants to know how to combat the nerves? 4. How often do you see it that buyers have to be registered bidders at an auction? Why is this a good tactic by the selling agents? 5. When should we start bidding? Should we be the first or wait to see who else is interested? 6. What are the benefits of being the final bidder if it hasn't been declared "on the market"? 7. Ben from Williamstown wants to know before attending an auction for a house he wants to buy, how well should he get to know the auctioneer and their tactics?   Barry Sloan will give the auctioneer's perspective of what the best tactics are when bidding at an auction. Barry Sloan has been in the real estate industry for over 25 years and is a freelance auctioneer who helps usually smaller real estate agents get the best price for their marketed properties. He freelances right around Melbourne, understands every strategy buyers try to use,  and has conducted over 8000 auctions in his 25 years. 1. From an auctioneer's perspective, how can a bidder position themselves in a crowd to ensure the auctioneer knows they are interested in the property? 2. What is an auctioneer looking for, to work out who are the buyers? (Is it body language, first hand knowledge from agent/buyer or other tell-tell signs). 3. How should a buyer bid with confidence? 4. What are some of the things bidders do that can be misread either as a bid or not as a bid? 5. How can you tell the auctioneer that you've reached your limit without the rest of the crowd knowing? 6. Is the vendor or the agent in control of the auction?   CONTACT:  Nicole Jacobs can be contacted at Whitefox Advocacy Call: 0411 296 225 or email: nicole@whitefoxadvocacy.com.au   Barry Sloan - Freelance Auctioneer  Call: 0405 330 000 Email:  barryjsloan@hotmail.com   Need Copywriting? Call the 'Real Copy Right' Hotline: (03) 5977 8889  Email: orders@realcopyright.com.au Website: www.realcopyright.com.au As well as sales copy, we can also assist you with:  Rental copy AirBnb copy Staff profiles for your new and existing staff members Marketing letters/emails Newsletter articles Marketing material for listing kits, mail outs, etc Website blogs Large scale development brochures and websites Award Submissions    
31 minutes | Nov 16, 2022
Replay Ep23: Josh Hommelhoff - The Pros and Cons of Short and Long Settlements
The settlement of a property can make or break the buying and selling process. For some, it could mean bridging finance, for others, it might mean renting something for the short term. No matter what, it can cost if it all goes wrong. Settlement terms are always one of the deciding factors that could mean that the property is sold to you, or maybe someone else. We have Josh Hommelhoff from Ray White Carnegie to give us the know how on what's the good, the bad and the ugly in terms of property settlements. 1. What is a settlement? 2. What is the average length of a settlement? 3. What do we need to achieve in a settlement? 4. What are the pros and cons of a short settlement? a) how quickly can a settlement occur, knowing how much needs to be done to get the settlement through? b) why would buyers or sellers choose a short settlement? c) do you have any examples of a short settlement? 5. What are the pros and cons of a long settlement? a) can long settlements have additional terms, like more deposit or more repayments? b) can long term settlements be for years, not months? c) why would buyers choose a long settlement? d) do you have any examples of a long settlement? 6. Should we ensure that the seller's terms suit your terms, as the buyer, before giving your offer/bid, especially at auction? a) what happens if you are the final bidder and you then want to negotiate different settlement terms? 7. How can we ensure that the property settles properly on the right day? 8. How common is it that the settlement date is changed from that that was orginally on the contract?   CONTACT: Josh Hommelhoff - Ray White Carnegie   Ray White Carnegie 77 Koornang Road, Carnegie (03) 9571 6777 https://raywhitecarnegie.com.au   Need Copywriting? Call the 'Real Copy Right' Hotline: (03) 5977 8889  Email: orders@realcopyright.com.au Website: www.realcopyright.com.au As well as sales copy, we can also assist you with:  Rental copy AirBnb copy Staff profiles for your new and existing staff members Marketing letters/emails Newsletter articles Marketing material for listing kits, mail outs, etc Website blogs Large scale development brochures and websites Award Submissions                    
28 minutes | Nov 9, 2022
Replay Ep16: Zali Reynolds - What To Look For in Your Advertising Schedule
Zali Reynolds, from Shelter Real Estate, has come in again to talk to us about what we should be looking for on our sales advertising schedule. When you sign up with an agent, they usually put a dollar figure in the box under the commission which is the maximum the agent is allowed to spend on advertising your property. That figure could be a figure off the top of their head with no care how they will spend that money, but most will likely give you an advertising schedule. We want to know what's worth being on the schedule, and what shouldn't be? What's the highest amount of money you've seen spent on an advertising schedule? 1. What should you expect on an advertising schedule? 2. What are some of the things that can appear on an advertising schedule that should be questioned? 3. How much should we be spending on advertising? 4. Will I be expected to pay for the advertising upfront? 5. Is print advertising 'dead?' 6. If I decide to go 'off market', rather than spend money on advertising, will that reduce the net of buyers who could be interested in my property? a) What would a good 'off market' strategy be if I'm on the fence about spending money on advertising? 7. Dee from Carnegie wants to know if she should expect her agent to cover the costs of her advertising? a) What happens if they haven't sold my property within the exclusive authority period? Do I still have to pay for advertising? 8. I know as a copywriter, some owners think that the agent writes the ads, then they question what are they paying the agent for? The reality is most agents haven't got the English skills to write something succinctly and effective. Being objective, what do you think about agents vs a professional copywriter writing the ads? 9. Are agents still getting rebates from their suppliers for using their services for advertising? a) what are the laws regarding this? 10. What are editorials? a) What are the benefits? b) Do we pay for them? c) Are they guaranteed? 11. Should we be worried if our agent uses a supplier from overseas to provide them with advertising materials, like retouching photos, videography editing, floor plans, copywriting and brochures?     CONTACT: Zali Reynolds - Shelter Real Estate Shelter Real Estate 17 Carroll Crescent Glen Iris, VIC 3146 03 9889 3990 hello@shelterrealestate.com.au   Need Copywriting? Call the 'Real Copy Right' Hotline: (03) 5977 8889  Email: orders@realcopyright.com.au Website: www.realcopyright.com.au As well as sales copy, we can also assist you with:  Rental copy AirBnb copy Staff profiles for your new and existing staff members Marketing letters/emails Newsletter articles Marketing material for listing kits, mail outs, etc Website blogs Large scale development brochures and websites Award Submissions                    
31 minutes | Nov 2, 2022
Replay Ep 120: David Banks - Should I Buy First or Should I Sell First?
The age old question, should I buy first or should I sell first plagues most Melbourne home owners when they need to change the family nest. It's a scary time, as either way you do it, the worst case scenario is that you could be left with bridging finance or left homeless, depending on which way you go. Today, we are going to get some expert advice on how you can weigh up which to buy first or to sell first, depending on your circumstances. David Banks from Jellis Craig Boroondara is on again today to talk to us about if we should buy first or if we should sell first. David is a licensed estate agent with over a decade of experience in real estate sales and has seen it all, consistently helping his clients navigate the best way to approach the buying and selling process. 1. So why do people like to buy first? 2. Why do people like to sell first? 3. What should the market be doing if we are buying first? 4. What should the market be doing if we are selling first? 5. Claire from Ascot Vale has been told by her solicitor to organise bridging finance. What is bridging finance and what is it going to cost me? 6. What are some strategies we should apply if we want to sell first? 7. What are some strategies we should apply if we are to buy first? 8. If we sell first and don't find something suitable to buy, what are some options for short term accommodation? 9. Is there anything else that home owners should know before they make their decision?   CONTACT:  David Banks at Jellis Craig - Boroondara. Phone: 0422 868 410 Email: davidbanks@jelliscraig.com.au Website: jelliscraig.com.au   Need Copywriting? Call the 'Real Copy Right' Hotline: 5977 8889  Email: orders@realcopyright.com.au As well as sales copy, we can also assist you with:  Rental copy Staff profiles for your new and existing staff members Marketing letters/emails Newsletter articles Marketing material for listing kits, mail outs, etc Website blogs Large scale development brochures and websites
42 minutes | Oct 26, 2022
Ep156: Luke Piccolo How To Strategise Your Buying Ability Around Interest Rate Changes
With so many interest rate rises hitting mortgage pockets this year, there is various commentary on when they will stop, slow down or continue for the foreseeable future. However, will interest rate rises put a halt to buying property? Should home owners wanting to sell be nervous, or buyers needing a mortgage be concerned? Today we are going to find out how we can strategise your ability through interest rate changes. Luke Piccolo, Director of Woodards South Yarra, is a member of the REIV, the REIA and at least 2nd generation real estate agent. He is passionate about the Woodards Foundation, that paves the way for corporate social responsibility, and received a REIA national award in 2021 for his excellence in community service.  1. When do you think interest rates will stabilise? 2. What interest rate should home buyers be comfortably be able to pay with the current uncertainly? 3. What are you hearing about bank pre-approvals? Are they reducing the pre-approval time based on the anticipation of interest rate rises, which makes buyers have a sense of urgency to buy? 4. How has the market reacted to the uncertainty of interest rate rises? Do we have certain sectors of the market playing the 'wait and see' game? 5. There are always the 5 D's that keep the real estate market - Death, Divorce, Debt, Distance and Deadlines - this kind of market really takes away those who are 'testing the market' or on the fence to make a change...are you finding the same?  6. What are your best strategies for buyers who are navigating these interest rate rises? 7. Do you have any strategies for vendors looking to sell?   Contact Luke Piccolo by email at: lukepiccolo@woodards.com.au by phone: 0412 951 273 or head to the website: https://www.woodards.com.au/office/south-yarra   Need Copywriting? Call the 'Real Copy Right' Hotline: (03) 5977 8889  Email: orders@realcopyright.com.au Website: www.realcopyright.com.au As well as sales copy, we can also assist you with:  Rental copy AirBnb copy Staff profiles for your new and existing staff members Marketing letters/emails Newsletter articles Marketing material for listing kits, mail outs, etc Website blogs Large scale development brochures and websites Award Submissions
28 minutes | Oct 19, 2022
Ep155: Sophie Lyon - An Update on the Residential Tenancy’s Act and Paying Bonds Online
It's been just over 18 months since the new Residential Tenancies Act has been implemented. How has it been received? What are the trends in investing? What are the vacancy rates? How has it rocked the real estate industry?  Are property managers feeling a little more relaxed with knowing what is expected from them?  Sophie Lyon is a Director and General Manager of Property Management of Jellis Craig Boroondara, Director and accredited trainer of the REIV, and oversees the management of over 2500 properties. She has been helping our Real Estate Right listeners with all their property management needs in clear and concise fashion over the last two years.  1. So now it's been about 19 months since the new Residential Tenancies Act came into play, what changes have happened to iron out any creases? 2. Have you seen a comeback from investors? 3. Overall, most people look at the new changes as a win for tenants, to ensure they have a safe and comfortable place to live, raising the standards of acceptable quality. Do you think it has backfired a little? Are there any proposals to make it more attractive for investors? 4. Sally from Footscray wants to know if the landlord is waiting for his plumber son to come fix a leaking tap after hours, after he has finished work, is that acceptable? 5. There was a trial in 4 local government areas earlier this year to put granny flats in properties over 450sqm to combat affordability. Do you think this will help the affordability crisis, or do you think it's a little too late, as the demand for granny flats may be overwhelming the already stressed building industry? 6. What is the new online bond lodgement system? 7. When will it become available? 8. How will it help renters? 9. How will it help rental providers and property managers? 10. Is there anything else we need to know?   CONTACT SOPHIE at Jellis Craig - Boroondara. Phone: (03) 9810 5053 Email: sophielyon@jelliscraig.com.au Website: jelliscraig.com.au   Need Copywriting? Call the 'Real Copy Right' Hotline: (03) 5977 8889  Email: orders@realcopyright.com.au Website: www.realcopyright.com.au As well as sales copy, we can also assist you with:  Rental copy AirBnb copy Staff profiles for your new and existing staff members Marketing letters/emails Newsletter articles Marketing material for listing kits, mail outs, etc Website blogs Large scale development brochures and websites Award Submissions
48 minutes | Oct 12, 2022
Ep154: Frank Valentic - Spring Auction Strategy
So much is going on with the real estate market right now - rising interest rates, various markets going great guns, others not so much... How can you create a strategy that is going to 1. get you your dream home? 2. get it at the right price? on this week's episode, we are going to find out how you can make your best move in this ever-changing real estate market.  Frank Valentic is one of our best cheerleaders here at Real Estate Right. With over 22 years experience in the real estate industry, he surrounds himself with the best people, he is always eager to help educate the public with his dedicated strategies in buying, selling and investing, and  he is unbelievably passionate and genuine in everything he does for his clients as well as his colleagues.  1. What are some strategies you can do to sell your properties this spring in a buyer's market?     a). Styling and cosmetic work.     b). Change your marketing strategy      c). Appoint an agent and vendor advocate who has had experience in this type of rising interest rate market.     d). Target a specific buyer in your marketing     e). Insist on regular communication with your agent     f). Auction day strategies     g). Coffee van     h.) Partnership with a local restaurant      i.) VIP Launch nights     j). Board with light on it     k). Be different     l). See what other properties are on the market in your suburb that are similar to your property, and make yours stand out.    m). Strategise your open for inspections to be a different time.    n). Can we ask our agents to confirm if buyers have a pre-approval or are cashed up? 2. In this type of market, how many groups of buyers should we have through our opens at the market? 3. Do we need to understand what type of property we have - A grade, B grade, C grade?  4. How important is it to have a vendor advocate on your side? 5. How important is it to have VIP nights? 6. How important is it to have experienced photographers, copywriters and stylists craft your property to bring out its best?   CONTACT: Advantage Property Consulting: Call:  03 9883 8900 Website: http://advantageproperty.com.au   Need Copywriting? Call the 'Real Copy Right' Hotline: (03) 5977 8889  Email: orders@realcopyright.com.au Website: www.realcopyright.com.au As well as sales copy, we can also assist you with:  Rental copy AirBnb copy Staff profiles for your new and existing staff members Marketing letters/emails Newsletter articles Marketing material for listing kits, mail outs, etc Website blogs Large scale development brochures and websites Award Submissions
27 minutes | Oct 5, 2022
Ep153: Rhys Jaconley - Case Study: Buying Your First Investment Property
Buying your first investment property is a courageous and big decision. Now you're responsible for someone else's home, but also responsible for an additional set of payments you need to consider each month. The whole process can be daunting, with tax considerations, tenancy law considerations and most of all, dealing with tenants - The good and the bad. But, it's the first stage of growing an investment portfolio, so you should be proud of your achievements, knowing that you are building your wealth through passive income. To hear it from someone just like you, today we have a case study talking to a new investor, who has just bought his first investment property. Rhys Jaconley is a new dad working as an organisational consultant and still makes time for his dungeons and dragons group. He recently got involved in the property market for the first time. 1. What values did you see in buying an investment property? 2. Do you find most people have a concern about middle class debt aversion? 3. Did you seek advice on working out a strategy to buy an investment property or did you just go 'I want to buy a property for investment, what can I find?' 4. Who were your main trusted authorities when it came to buying a property? 5. What were your defining needs with your investment when choosing a property? 6. How easy or hard was it to get finance in these changing times? 7. What were your main struggles in the process of buying an investment property? 8. What were your main struggles in the process of buying an investment property?     a. How did you overcome these struggles? 9. What advice did you get regarding settlement terms - Did you go for a shorter or longer settlement? 10. Are you all settled and do you have a tenant yet? 11. Now that you have an investment property, what's your next goal? 12. Is there any advice you could tell our listeners that you wish you had before you started looking for an investment property?   Need Copywriting? Call the 'Real Copy Right' Hotline: (03) 5977 8889  Email: orders@realcopyright.com.au Website: www.realcopyright.com.au As well as sales copy, we can also assist you with:  Rental copy AirBnb copy Staff profiles for your new and existing staff members Marketing letters/emails Newsletter articles Marketing material for listing kits, mail outs, etc Website blogs Large scale development brochures and websites Award Submissions
41 minutes | Sep 28, 2022
Ep152: Megan Taylor - How to Apply for Your First Rental Property - Understanding Both Sides of the Story
On the back of our Episode 144, where we had Stephanie Hayes talk to us about all the problems she had being a first time renter, we thought we would give you the property manager's perspective of how to apply for your first rental property so you understand what helps you get over the line with your application.  Megan Taylor is a senior manager of property partnerships at Longview Real Estate. Longview manage over 4000 properties, and Megan is renowned for helping landlords make great decisions, but also give renters, or prospective renters the best advice when applying for property.  1. What are property managers looking for in a tenant when they have a vacant property for lease? 2. What are some of the things that tenants do on their application that become a red flag for property managers? 3. How can prospective tenants apply for properties better? 4. What should prospective tenants do when attending inspections?      a. What are some things that could turn off an agent when prospective tenants attend inspections? 5. Why do some properties continue to be advertised after an applicant has been approved? 6. Say, I was a young uni student wanting to get a place with 3-4 mates, what should we put on our application to secure the lease?     a. How can we overcome any red flags that might put a landlord off? 7. Say I'm 20 - sick of living under Mum and Dad's roof and rules, I'm studying and not sure if I can get Austudy and have a casual job making $300 one week, sometimes $1000 another, my boyfriend has an apprenticeship so is on a low wage. What could help our application? 8. Another example, say I'm a 20-something single mum, and my parents said that I can't stay in the family home anymore. Any work that I do is pretty much the cost of childcare, I should be able to get rent assistance and I get some child support, what would make a landlord happy to have me as a tenant? 9. How about if I'm an international student on a student visa. My parents have saved and given me this opportunity to study in Melbourne, I'm not entitled to any government benefits in Australia, my parents are paying for my education but not my living expenses. I can work 20 hours a week on my visa. What can I do to improve my chances to get a rental property?   Longview Property Managers & Advisors Call: 1800 931 784 Website: https://longview.com.au   Need Copywriting? Call the 'Real Copy Right' Hotline: (03) 5977 8889  Email: orders@realcopyright.com.au Website: www.realcopyright.com.au As well as sales copy, we can also assist you with:  Rental copy AirBnb copy Staff profiles for your new and existing staff members Marketing letters/emails Newsletter articles Marketing material for listing kits, mail outs, etc Website blogs Large scale development brochures and websites Award Submissions
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