All-out competition is a basic creed of a Sales business. You often compete for the same customers, revenue, and profits. However, there is times when co-opetition, not competition, is a smart move. I work with my direct competitors often – many clients will confirm this. I work with them because in the end, and by
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The Australian property market is affected by the state of the Australian economy. So, if the economy is affected by the coronavirus, there will naturally be a flow-on effect for the property market. It is likely, in my opinion, there will be short-term pain for apartment developments with exposure to offshore investors, as well as
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Quality of management is an important feature of any successful company and is critical for the long-term investor. We manage properties of significant quality in Melbourne and they range between apartments, furnished properties and luxury residences. Here, we target good returns, capital growth & strong governing. We business well-structured & strategic lease agreements & We
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The RBA has been working on a digital version of the Australian dollar. In its submission to a senate commission, the RBA said its innovation lab is working on a digital currency denominated in dollars. It is unlikely it will be released to the public, instead it could be used to facilitate transactions between banks
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We are experiencing a unique time in the property cycle that has opened up a huge opportunity for potential home owners, as we see the pendulum swing to make owning your own home cheaper than renting! With interest rates so low and on the downward trajectory, it seems the goal posts have really shifted when
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In April 2019 we saw the introduction of a Long Term Lease (five years or more) being introduced into the Residential Industry meaning Owners and Renters alike can agree to a longer term tenancy with clear guidelines. We anticipate that the roll out of Long Term Leases will be slow, with most owners opting to
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The 2019 federal election has now passed! The market hates uncertainty, and the coalition win should return confidence to our property markets. The stability of a familiar government, and an expected RBA rate cut in the coming months, will encourage vendors to list their property and see buyers to re-engage with what’s on
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There have been many contradicting reports in the media about the property market and it is no wonder the everyday consumer is confused and unsure. We are all very well aware of the challenges that come with finance and we hope that there is some reprieve on the horizon for the benefit of all. But
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So, you probably heard the news that PURPLEBRICKS will exit the Australian market, two and half years after entering it with a promise to shake things up. Purplebricks initially grabbed the attention of the selling market with its fixed fee offers and misleading assertion about portraying industry practitioners as pimped and preened show ponies –
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