Amy Lunardi
speaker
1,235 appearances
4 recordings
1 series
first heard May 2020
last heard Dec 2022
Amy Lunardi’s voice in public audio — every appearance, attributed to the second.
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Appearances
And it just demonstrates that, especially for anyone that thinks doing development, you know, it's always, you're always going to have a good result.
And if you spend X, you'll make Y, especially because there's a lot of time between when you get your planning permit and you actually sell your property, things can change really quickly.
And I'm in the same boat.
I'm doing a development in Melbourne at the moment.
And from the time we've purchased to now, when we're knocking down, which is last week to the time we'll sell in a year,
who knows what the market will be like in a year.
So it's very, it can be very challenging as a developer to make decisions like that.
Absolutely.
Yeah.
And it completely changes the feasibility of that site.
So yeah, I thought the block, I was watching the auctions yelling at the TV because it was also not a normal situation where for anyone that watched it, the contestants were yelling out, pass it in, pass it in, pass it in.
That doesn't happen in normal auctions.
You have a reserve that you set as a vendor,
These contestants didn't get to set their own reserves.
You don't just pass it in if it's not convenient for you, if it doesn't get to your reserve because you choose your own reserve.
It was wild.
That was wild.
I would say that one of the biggest mistakes or one of the biggest issues that I've seen this year, and this always happens when you're in a market, which is a cooler market or a buyer's market, is just the issue of self-doubt.
So you have a lot of self-doubt where there's not, I suppose, social proof or
Yeah, absolutely.
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