On this episode of The Australian Property Podcast, Buyer's advocate Amy Lunardi and Rask founder, Owen Rask are discussing how to develop a property brief. They will talk you through what exactly is a property brief, where it should sit within the buying process, and how this differs from your strategy. So, what is a property brief? A condensed idea (ideally written down) on exactly what you are willing to purchase, this includes budget, location & characteristics of the property. Amy and Owen are going to double-click on how to develop your property brief so that you can implement this in your own property journey. On this episode: What is a brief? Brief vs strategy Why do you need one? Home vs investment brief Breaking down each of the elements: Budget Locations Non-negotiables & bonuses Doing a reality check Mistakes Amy often sees made (not doing it at all, not doing it thoroughly enough, maybe locations, bonuses vs non-negotiables, not being on the same page, not doing the reality check, saying “would consider if was…”) Tradeoffs and compromises Communicating your brief to agents Changing the brief over time Australian Property Podcast resources: Australian Property Podcast online - videos, notes & resources Ask a question Chris' mortgage broking Amy's new property course Amy's 100-point checklist (PDF) Pete Wargent's property coaching Join Owen's Rask Core membership for $0.99 INFORMATION WARNING! This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.

Transcript

Related