Rich Harvey

Particularly last year, you know, during 2021, when we were going through that boom, you know, you had 15 to 20 people at an auction.

And there were so many would-be hopeful buyers would just walk away with their heads down.

And that could be really soul zapping and really drain your energy.

One of the things that we do as buyers agents is give that both emotional and independent advice to the client so that they can help understand where true market value is and work out what properties are worth pursuing and what ones are worth walking away from.

Most people on their own probably take around 12 months to buy a property from the time they start thinking about it, to doing the research, to getting their finance together, to actually evaluating what it's worth and then executing a contract takes around 12 months.

We've found in our business, when clients engage, our average turnaround time is around 30 to 50 days.

So from the minute they sign the agency agreement with us, and then we do a brief, and then we start looking at a short list and finding suitable properties, yeah, it's around one to two months on average.

And that's fairly quick, to be honest with you, because it's not about buying the first property you see, but sometimes the right one can come up.

But it's about

eliminating the ones that don't meet the brief and buying the ones that do meet the brief.

Don't shortcut the process of spending enough time buying your property, either a home or investment.

This is, if it's an investment, Craig, it is like buying a business.

You do due diligence on buying a business.

Same with buying a property.

You do adequate due diligence.

You go and check out the pest and building report.

You go and check out the neighbours.

You check out the neighbourhood.

you check out the whole entire property, all the growth drivers, the local amenities in those things.

And that all takes time.