We’ve finally got Tom Panos on the show! For those who’s unfamiliar with Tom, he’s the founder of the Real Estate Gym, 5am Club, co-host of the Million Dollar Agent podcast, a weekly commentator on SKY News Business, Channel 602, Real Estate Advertising Director for News Corp and is one of Sydney’s leading Real Estate Auctioneers as well as being a sought-after keynote for the Real Estate industry. On top of that, he’s also an active property investor and has been investing for the past 25 years.
So what will the three of them be chatting about today? Here are some bullet points!
How will having a regime in your daily life help you
What are Tom’s drives to success and how they’ve changed over time
Why playing the long game matters in property investing
How did Tom start his portfolio and tips for investors who are looking to do the same
Today’s podcast title is a direct quote from our special guest, Craig Stephens! As the Managing Director of Jas Stephens, with a history spanning over 90 years and four generations and the leading real estate agency in Melbourne’s Inner West, Craig is also an active investor himself who started building his portfolio back in the late 1980s. He started off as a bond trader and worked with Merrill Lynch in London before coming back to Melbourne to take over the family’s business. With his experience, both in the financial and property market, the three of them discuss about:
What are the critical elements in a successful business and how similar they are with property portfolios
Who motivated him to buy his first property and his investment strategy ever since
The market trend for the past 20 years in Melbourne’s inner west
The question we often get asked is, “Should I buy a property with someone else?” It sounds like a good idea isn’t it? It is a high-value transaction, and it can seem a little bit daunting to do it on your own. So we’ve got to have a look at our options. As Bryce and Ben mentioned on Episode 116, here’s the video on property ownership. Enjoy!
As co-host of The Property Couch, Bryce Holdaway is also a partner at Empower Wealth and Co-Host of Relocation Relocation Australia and Location Location Location Australia on Foxtel’s Lifestyle Channel. A qualified Buyers Agent and Financial Planner, Bryce holds a Bachelor of Commerce (Accounting), Real Estate Agent License and Diploma in Financial Services (Financial Planning).
Following on from Part One, the second part with Brad Teal focused on Victoria’s new underquoting laws that came into effect on the 1st May 2017. For those new to the real estate industry, underquoting as defined by the Consumer Affairs of Victoria is: Underquoting can occur when a property is advertised at a price that is less than the estimated selling price, the seller’s asking price, or at a price already rejected by the seller. You can learn more about this new regulation here.
So for this part, the three of them discussed:
How was this new underquoting law introduced and the logic behind it
What changes will the new regulation impose on the real estate industry and will it be introduced to the other states
Traits of a good selling agent and the research that a vendor can conduct
The different demands on certain property type in different market
The last episode of our Elite Agent Series is with Brad Teal, Director and Founder of Brad Teal Real Estate! Born and raised in Melbourne’s north-west coupled with more than 40 years of experience in the real estate industry, Brad’s understanding of the real estate market, property trends in the area and local facilities and amenities is second to none. And how did he build up his property empire? It all started with a punch in the face! Find out more on today’s podcast.
For the first part of this episode, Bryce, Ben and Brad also chat about:
How Melbourne’s north-west has changed over the years and the gentrification that had happened
What are considered as investment grade assets and why he’s interested in ‘bullet-proof’ properties
Setting the right expectation on rental returns and tips to increase yield
Carrying on with our real estate agent season, today we have another special guest star Tim Heavyside on the show with Bryce and Ben. An award winning Real Estate Agent, Director and Auctioneer for Fletchers Real Estate, Tim has an impressive professional history in this industry dating back 15 years. As a very knowledgeable and personable star on the show, there is no doubt that you will receive some interesting advice and will be listening to some absolute gold in today’s episode.
In this episode Bryce, Ben and Tim talk about the following topics:
Tim’s professional background and how he moved on from being a travel agent to Real Estate
What motivated him to excel in the industry and his motto in life
The skills and traits a vendor should look for when engaging a real estate agent
What are the four different scenarios when selling your property
Pre-auction offer and which is the best week (or which day of the week!) to offer them