We’ve got four words when it comes to property spruikers folks:
Run for the hills! 🏃🏃
Today’s topic is something we’re extremely passionate about which is why we’re focusing an entire episode on it!!
Too often we’ve heard of “sharks in suits” who have no proper training…
Giving terrible financial advice that can cripple folks’ wealth and make that lifestyle dream, well, a dream.
In fact – hearing about these people are why we started this podcast in the first place!
To help you avoid falling into the same situation, today’s episode will define who Property Spruikers are, what they do and why they even exist!
More importantly, though, we’re covering HOW you can avoid them!
We’ll be providing you with industry intel so you can also identify the main tactics they use (As you’ll hear with some spruiker “educators”…)
AND we’ll explain how property advisors will act when they really have your best interests at heart!
Did you know that Australia’s peak industry body, the Property Investment Professionals of Australia (PIPA) can also help you verify your buyers’ agent if they’re a PIPA member?
Yep, that’s right folks!
There are plenty of good tactics that you can use to stay away from the sharks; to find out more just tune in to today’s episode.
Free Stuff Mentioned:
- Just starting your property investing journey? Check out our FREE Binge Guide to the Foundations of Property, Finance and Money Management, which shows you which episodes you need to understand the basics! Or fill in the form below and we’ll email it to you right away!
- Watch Ben’s commentary on the recent rate cuts here.
- Looking for a Qualified Property Investment Advisor? Use the Search Function on PIPA Website here or get in touch with us!
- Our parent company Empower Wealth is a PIPA Member and all our advisors are QPIAs. You can learn more about our free and no-obligation initial consultation here.
Here’s some of the gold we cover…
- 1:20 – What we’re NOT against…
- 2:15 – The problem with Property Spruikers
- 4:18 – Our message to beginner investors!
- 4:47 – How to get objective property advice
- 5:59 – What a true property advisor will do
- 6:19 – So, what are Property Spruikers?
- 6:36 – The Property Spruiker’s “argument” (and why it doesn’t work!)
- 7:43 – A sad real-life example folks 🙁
- 8:33 – 1 way to tell you’re dealing with a Property Spruiker
- 9:10 – Why do Spruikers exist?
- 9:55 – #3 Spruiker tactics!
- 11:33 – Beware the “educational” spruikers!
- 12:15 – How to verify a legitimate property educator
- 13:30 – The miner vs the shovel seller analogy
- 14:14 – Spruikers will use rental ______
- 15:40 – “There’s no such thing as a free lunch!”
- 16:47 – You gotta ask THESE questions
- 18:00 – How the Property Investment Professionals of Australia (PIPA) can help you avoid spruikers
- 19:35 – What is two-tier marketing?
- 21:51 – How to avoid spruikers!
- 22:42 – Check out Ben’s commentary on the RBA cash rate!