Radio Personality Erin Molan joins John Gibson

Episode 12 of Talking Real Estate, John is joined by Erin Molan

We revisit an earlier podcast, where John is joined by Erin Molan. John gifts Erin 5 Million Dollars to invest in property, so what will our special guest do with her new found wealth!?

Check out the clip below…

To listen to the full podcast click here.

Buyers are placing significant emphasis on community and lifestyle factors when considering the purchase of a property. In particular, the proximity of a property to metro rail stations, within a walking distance of 5 to 15 minutes, is increasingly becoming a key consideration for buyers in both inner and outer city suburbs.
First home buyer activity has increased over the past six months, making up 20.2% of owner-occupier financing in January 2023.The lack of confidence in Sydney’s CBD office sector appears to remain in 2023, vacancy levels remain high as tenants and buyers continue to exercise caution. Incentives are still being offered to entice tenants, and this trend is expected to persist well into 2023. If you’re considering securing a lease, now is an ideal time to take advantage.
Instead of attempting to predict the ideal timing for your next property purchase based on market cycles, consider taking a more long-term approach. If your income is stable and the time is right for you, this could be an opportune time to establish a position in the Sydney real estate market, particularly when others are hesitant to do so.
Recent data indicates that the Sydney housing market is experiencing a positive shift, with a rise in both house and unit prices observed in the past few months.

Singapore do not muck around when it comes to speculation and foreign buyers. Its stamp duty for foreign buyers has been raised from 30% to a staggering 60%. As a result, we may observe a significant outflow of capital to other markets such as Australia. In comparison, the additional stamp duty of 8% imposed by NSW appears relatively insignificant.

Do you require assistance with a property related matter?

Email John at
john@locatenegotiate.com.au
or call 0414 332 233.

“To achieve a higher capital growth rate, it is essential to invest in a property that possesses the foundational qualities to fuel growth for extended periods of time. Therefore, investors should allocate their funds towards the finest asset possible, as real estate is anticipated to remain in high demand for at least the next 30 years and beyond.” – John Gibson

Residential Buyer’s Agent

North Parramatta, NSW

Summary:
Our clients were elderly retired people and required our assistance to help them manage the sale of their property. As they had not been involved in a property transaction for many years and they entrusted us to appoint and oversee the sale of their property on their behalf. Due to the property being very run down and in an unfit state to take to market we assisted them with getting considerable renovations to the apartment undertaken so it would be appealing to the market.

Key Points:
We appointed the best agent for the job and put the property to market. It sold within 2 weeks at a price which was above expectations.

Commercial Sellers Advocacy

Surry Hills, NSW

Summary:
We were appointed by our client to explore possible sales strategies for their office located in Surry Hills, which they had leased through their SMSF. Our aim was to achieve a successful sale while minimizing disruption to their thriving business. To achieve this, it was crucial to find the right agent who could understand the brief and handle the sale with expertise. After a rigorous screening process, we appointed a selling agent who met our standards.

Key Points:
The agent faced a challenging situation as the investor market was subdued due to Covid-related disruptions and rising interest rates. Our team closely collaborated with the agent and vendor to troubleshoot any issues that arose during the process. Despite some initial setbacks with potential buyers facing finance approval issues, the agent eventually secured a buyer who offered a price within the quoted range. This was a favourable outcome for our client.

Testimonial:

“I recently had the pleasure of working with John at Locate Negotiate to buy my first home, and I can confidently say that it was a fantastic experience from start to finish. John and his team are extremely knowledgeable and dedicated to helping me find my dream home within my budget. Throughout the entire process, they kept me informed and updated, answering all of my questions and addressing any concerns I had. They took the time to understand my needs and preferences, and provided valuable insights and recommendations based on their expertise and experience.” – D Hansell