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TPC Gold | The Art of Negotiation – Real Estate Edition

Today’s bonus snippet features one of Australia’s top property experts – our very own Bryce Holdaway!  

In this TPC Gold soundbite, Bryce puts on his Buyer’s Agent cap and shares all he knows about how to negotiate when buying property. He also makes the bold claim that everything is negotiable when it comes to real estate…?! 

Find out exactly what he means by this, and why negotiation is not just an art but also a science. 

Get essential insights into how to handle auctions, why it’s useful to understand the vendor’s motivations, and more. Tune in so you too can start negotiating to win! 

If you’re interested in the full episode, it’s here: Episode 93 | How to Negotiate to Win 

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Looking for a trusted professional to help you source properties, negotiate with agents or bid on your behalf at auction? Our sister company Empower Wealth has a team of experienced Buyer’s Agents who can help! 

 

Why You Should Make The Sold Tag Your Best Friend (On Parenthood Podcast) Part 1

The transition into parenthood can be a difficult one with new priorities, greater expenses and less free time.   

During this time, it’s no surprise that many parents start to search for security through that forever family home, however, with today’s tumultuous economy, high interest rates and heated property market, it’s no surprise that new parents are wondering how and if it’s even possible.  

In today’s bonus episode – originally recorded by Parenting Podcast – Bryce sits down with Leonie Akhidenor, its Host and Founder to unpack:  

 📈 How to negotiate a fair price on your family home
⚡Understand this 1 thing about Buyers Agents to reclaim your buying power 
🏠 Know what matters to you! Learn how to identify your top 3 priorities in a property
🔥 How To Out-Smart Real Estate Agents
🤝 Why you should make the sold tag your best friend, and much more! 

 Tune in now folks!

  

Timestamps  

  •  0:00 – Why You Should Make The Sold Tag Your Best Friend
  • 1:44 – The Big Property Question 😮
  • 4:27 – How Bryce navigated early parenthood
  • 5:55 – The auction that did NOT go according to plan…
  • 8:33 – You’ve got to understand THIS about real estate agents
  • 11:28 – Bryce’s Top #2 Tips for this listener!
  • 13:20 – How to Negotiate a Fair Price for Your Family Home
  • 17:06 – What you can do to increase your buying power
  • 18:07 – What Are Your Top 3 Priorities?

454 | How to Create a $5.54M Portfolio in Your 50s – Chat with Tom Dekker

Health Problems. 
Hazardous Tenants.  
Gaining the True Benefit of Hindsight, and…  

Starting an accumulation phase when you’re in your 50s?!?  

Yep. Today’s story is one downright amazing tale that has a bit of wisdom for every listener out there! 

Tune in as we dive into Tom and Crystal’s inspirational tale, kicking off with a very conservative upbringing with life-changing lessons leading up to some harrowing health complications that changed everything. 

And of course, we’re covering ALL the steps in their rapid accumulation stage that led them to 7 properties AND a portfolio of $5.54M (Seriously folks, tune in to find out exactly HOW they did it!!) 😉  

Plus, we’re answering the evergreen question that ALL investors have faced… 

“When is enough, enough?!”  

An enduring episode packed with so many practical bits of investing wisdom. Give it a listen now!  

 

 Give it a listen now or watch the Episode below! 

 

Free Stuff Mentioned… 

  • Listen to our earlier Winter Series Guests by clicking here!  

 

Here’s some of the gold we cover… 

  • 1:12 – Welcome Tom!  
  • 1:41 – Life-changing lessons… 
  • 4:53 – The First House He Bought  
  • 5:45 – Living the life, treading water & nice cars  
  • 7:35 – How a heart attack and Parkinsons got Tom thinking long-term 
  • 11:08 – Why Property?  
  • 13:26 – It’s a 3-decade game folks!  
  • 15:14 – The true benefit of hindsight 
  • 16:02 – It will return in spades… 
  • 17:27 – Post-heart attack purchases  
  • 20:47 – Tom’s financial position today (phew!!)  
  • 23:56 – Diversity in spreading the risk 
  • 25:37 – How he’s navigated difficult tenants 😮  
  • 27:01 – Turning the horror investment around… 
  • 30:16 – Tom’s North Star  
  • 31:49 – The conversations he was having with his Buyers Agents 
  • 34:31 – What do your instincts say? 
  • 41:33 – How much liquidity do you really need? 
  • 43:26 – “It’s kind of like after asking a power lifter advice on how to prepare for a marathon…”  
  • 45:31 – Buffers & Buying Time  
  • 47:09 – A perfect lesson about loans…  
  • 50:13 – From a Landlords Point of View: Increasing Rents  
  • 53:00 – THIS is why he decided to share his story…  
  • 54:46 – A gigantic thank you to Tom!

 

Want to work with Bryce & Ben’s Award-Winning Team? 

 

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Log in or create your free account via the Moorr web platform, or download the app on Apple and Android and transform the way you view and track your wealth. 

 

439 | HELP! What To Do When You’ve Got No Buffer Left…

With Australia’s 11-month interest rate hike finally at an end, we’re sure many are feeling the strain from larger debts, lower cashflows, and heavily hit buffers. That’s why the theme of today’s Jam-packed Q&A Day is all about… 

Bouncing back!   

Yep. In today’s episode, we’re covering exactly how to reposition and recover when interest rates have nearly wiped out your entire buffer! 

From making your reduced “rainy day” money last to Ben’s Golden Buffer Ratio (plus a behind-the-scenes look at how our experienced team of planners do it), we’re sharing how to bunker down and hold for the long-term as the market bottoms out (which we reckon is happening NOW!) 

And of course, like all gigantic Q&A Days, we’re not just unpacking how to bounce back from tough economic conditions but deep diving into how folks can rebound and empower themselves from… 

Dodgy Buyers Agents: What to do once the papers have been signed, the dust has settled and then…you realise your Real Estate agent was the property owner!?!   

 (And if that isn’t heartbreaking enough…this investor saved for 10 years to afford this deposit 🙁) 

Dealing with Divorce Settlement: Three investment properties and a Principal Place of Residence together?! What is the best path forward for Michael???  

 Plus, we answer: How much taxation knowledge should a Buyers Agent really have?!  

Another massive episode that looks at the many ways investors can rebuild and restart again; tune in now for some timely wisdom!  

 

Tune in now or watch the episode below 😊 >>

 

Free Stuff Mentioned… 

 

Want to work with Bryce & Ben’s Award-Winning Team? 

 

Here’s some of the gold we cover… 

  • 0:00 The incoming gold today! 
  • 1:26 Winners are grinners…😉  
  • 4:09 New updates to Moorr & check out our social refresh on Instagram & YouTube 
  • 8:02 – Mindset Minute: Warren Buffet,“I’ve never been a good judge of the markets…” 
  • 17:51 – Q1) Help! This Buyers Agent Didn’t Disclose Critical Information 
  • 21:04 – What happened when Bryce called some friends… 
  • 24:22 THIS is the worst behaviour by a Buyers Agents… 
  • 25:36 – What should Jane do now?! (Some words are struggled with here 😉)  
  • 28:55 The Real Buyers Agents Game 
  • 30:37 Why off-market purchases are NOT the holy grail  
  • 32:06 Buyers Agents are like…Obstetricians?!?! 
  • 33:52 – Folks, outsource the execution, not the U_____!!  
  • 35:43 – Q2) Should My Buyers Agent Have Taxation Knowledge?  
  • 37:25 Ben’s Words of Wisdoms: NEVER buy a property for a ____ advantage, do it for…  
  • 38:17 This is the baseline (Work on this premise!!)   
  • 41:11 The 2 rules that Bryce learned from his first mentor… 
  • 43:09 Q3) Divorce Settlement – Buying an IP  
  • 44:17 If it ended well vs. if it ended badly… 
  • 46:38 Always work backwards! 
  • 48:38 The #3 Steps Michael should take  
  • 49:04 Folks, this is really a problem about S_r_c_u_i_ _ !!    
  • 53:22 – Q4) Unplanned Hits On Your Buffer  
  • 55:45 – Ways to extend your buffer… 
  • 57:44 – Where Ben thinks interest rates are headed!!   
  • 1:01:14 More ideas for stretching your financial position  
  • 1:04:04 – Ben’s Golden Ratio for Buffers (+ how our experienced team calculates clients’ cash buffers)  
  • 1:08:17 – The market has bottomed out!?  
  • 1:10:37 – Thank you to all our Q askers today! Email us to claim your free Start & Build course😊   

And… 

 

Get Moorr out of your money:
Log in or create your free account via the
Moorr web platform, or download the app on Apple and Android and transform the way you view and track your wealth. 

 

403 | Do You Need a Buyers Agent in Today’s Market? (Part 2)

Continuing from last week’s episode, we’re back with PART 2 of Do You Need a Buyers Agent in Today’s Market?  

As we’ve said since our earliest podcast episodes, folks end up paying in 1 of 4 ways, and choosing to work with a Buyers Agent means you’re also choosing to pay in the best way… (especially in today’s market, you don’t want to be paying in any of the other ways…) 

This week we’ll be diving deeper into this concept and unpacking the 5 benefits that Buyers Agents bring to property hunters – especially in today’s turbulent market  

We’ll be covering… 

  1. Experience: Like why is it important for Buyers Agents to “pound the pavement” daily?  And how can you actually select an experienced one?
  2. Negotiation: The 3 Reasons Buyers Agents negotiate better (Have you heard of Gazumping??) Plus some real examples of effective negotiation that’s led to price reduction…. 
  3. Emotional Guidance: ONE of the key things Buyers Agents apply to save you lots of head (and heart) ache later down the track… 
  4. Time-Saving: The Magic of Momentum and Curation  
  5. Money Saving: Why PROCRASTINATION will cost you the most and other ways you pay… 

And so much more!   

We’re also welcoming back an extremely special Winter Series Guest who’s weighing in on whether the cost of a Buyers Agent is truly worth the benefits ~ stay tuned to find out who it is! 😉  

 

Tune in now folks, we’re driving this one home with a bang!  

P.S. Make sure to stick around till the end to hear Ben unpack PICA and PIPA’s newest findings on whether rent has kept up with inflation (and if you’re a landlord we want to hear your experiences – fill out PIPA’s 2022 Sentiment Survey here and have your thoughts heard!!)  

 

Free Stuff Mentioned… 

 

Here’s some of the gold we cover… 

  • 0:00 – A taster of what we’re covering today…
  • 3:10 – How can you feel more gratitude folks?  
  • 7:00 – If you’ve found value in us, could you please share THIS episode folks… 😊  
  • 8:03 – A kind review – this is why we do what we do!  
  • 9:08 – RECAP: Do You Need a Buyers Agent in Today’s Market? 
  • 10:39 – Benefit #1: Experience – The #2 ways you can tell 
  • 13:01 – Why any good Buyers Agent needs to “pound the pavement”…. 
  • 14:34 – What do Buyers Agents look for??  
  • 17:01 – Why they are Champions of Sequencing 
  • 17:49 – #1 HUGE advantage of using an experienced Buyers Agent!!  
  • 19:58 – They avoid making N_G_T_ _ _I_N mistakes!  
  • 20:50 – Ben’s Favourite “Oops” Story  
  • 23:27 – How to Choose an Experienced Buyers Agent (Ask THESE Questions!!) 
  • 25:18 – Benefit #2: Negotiation 
  • 26:00 – The COMP Analysis    
  • 28:12 – Acknowledge THIS before going in folks… 
  • 30:07 – The 3 Reasons Buyers Agents negotiate better (Have you heard of Gazumping??)  
  • 31:45 – Emotional Intelligence vs. Ego  
  • 34:15 – The Key Advantages of Agent Relationships!  
  • 37:00 – Real examples of how effective negotiation has led to price reduction!!  
  • 38:47 – Benefit #3: Emotional Guidance: The role of a Collaboration Partner  
  • 42:00 – Benefit #4: Time Saving  
  • 43:16 – The Magic of Momentum!!   
  • 45:05 – Scraping: How Buyers Agent minimise time but upscale volume  
  • 47:02 – Curation and #4 other massive benefits! 
  • 48:58 – Benefit #5: Money Saving: No Buyers Agent EVER says this… 
  • 49:29 – Folks, you pay 1 of 4 ways (we’ve said it once, we’ll say it again!)  
  • 52:22 – Why PROCRASTINATION is the biggest cost!!  
  • 55:28 – A Return Winter Series Guest weighs in on the cost vs. benefits of using a Buyers Agent!!  
  • 58:23- The Value Calculation many folks struggle with…  
  • 59:38 – Want to become a Borderless Investor? This is how a Buyers Agent could help!  
  • 1:01:00 – How Buyers Agents stop emotional buying… 
  • 1:02:24 – The Amazing 15-Minute Negotiation which Landed their Ideal Property  
  • 1:05:52 – How they purchased without even seeing the property in person!! 😮  
  • 1:08:00 – “I feel like I cheated…” 
  • 1:09:14 – The Best Mindset to have when buying during a pandemic!!  
  • 1:12:20 – The #1 piece of advice for folks considering a Buyers Agent!  
  • 1:15:40 – It’s about the VALUE Buyers Agents provide folks!  
  • 1:16:43 – THIS is when you might not need a Buyers Agent… 

And… 

  • 1:18:40 – Have you heard of a Sous Vide?? (Folks this is a FANTASTIC kitchen tool!)  
  • 1:20:38 – Has rent kept up with inflation?!? Check out PIPA and PICA’s new market findings here.  
  • 1:27:11 – Are you a landlord? We want to hear from you!! Complete PICA’s 2022 Sentiment Survey here and have your thoughts heard.

 

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