Rich Harvey

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?

Well, the simple answer is the right time to buy a property is when you're ready to buy.

Whether the market's up, down or sideways, it's often dictated by your own personal circumstance.

Trying to time the perfect entry into the market is like an Olympic diver trying to do a triple pike reverse somersault and land perfectly and get a 10 out of 10.

It's very difficult to do that and very, very few people achieve it.

A far better strategy is to go, you know what, my budget is X, like, you know, $1.7 million.

I need a three bedroom home in this location.

I'm going to go searching for it.

So waiting to the market to cool is really a false economy.

If you wait too long, and I saw this last year,

Some people said, oh, to me two years ago, the market's crazy, I'm going to sit out.

And then the market's risen 30%.