Rich Harvey
๐ค SpeakerAppearances Over Time
Podcast Appearances
A lot of people want that sort of really modern, fresh look, clean lines.
And I've seen some homes absolutely transformed overnight in a couple of weeks just by putting up some beautiful render on a crappy old blonde brick home.
And it's fantastic and it can be done quite cheaply and it really, really lifts it and absolutely adds a lot of value to the home.
Yeah, I guess one of the words that we use for frustrated buyers, Craig, particularly at auctions, is wounded bulls.
We see a lot of people who have been, particularly last year during the major property boom, they'd turn up at auction, keep missing out, and they'd then rush into the next auction and just pay a ridiculous price and go way over the top of everyone.
So you can actually make some pretty bad emotional mistakes and emotional decisions in the heat of auction.
So some buyers will also reach a point of frustration and go, you know what, stuff it.
I just cannot buy a property for love or money.
I'm just going to buy something that I really don't like, but I just got to get into the market.
And they'll buy on a major road and then they'll move in and then they'll just go crazy listening to the traffic every night.
Or they'll buy a property that's just facing the wrong way or is just too small for their growing family and then realize that they've got to move again within 12 months.
And it's going to cost them another $100,000 in stamp duty and legal fees and agent's fees.
So I think there's a point of frustration that buyers reach where they just either buy the wrong property, an inappropriate property, or they throw up their hands and go, I just can't get into this market.
I'm just going to rent for the rest of my life or rent for a while.
So I think you've got to be aware of your emotions during the buying journey and approach the whole buying process strategically.
Have a clear budget, have a clear strategy, have a clear idea of what you can realistically afford for your budget.
And I think the winning element is to be really tenacious and really persistent in finding the right property.
And if you can't find it, then you use someone like myself and my team as a buyer's agent to help you uncover the
a lot more properties and particularly off-market properties that we can talk about in future episodes and really get a leg up into finding the right kind of property for you.
I get asked this every single day, Craig, is now the right time to buy a property?