In this episode of Perth Property Insider, I take you inside a fishing trip that doesn't go to plan, and show you the lessons it made me realise for your property decisions.
It’s no secret that the Perth property market has changed. Earlier this year, I set a record price almost every time I sold a property. Now homes sit on the market for longer, and sellers have to adjust their expectations.
So how do you sell well, buy well, and keep building wealth when conditions turn? My answers come from a rough day on the water, a mate who out-fishes me, and a big fish that gets away about 10 metres from the boat.
I also cover why you need a strategic portfolio plan before you buy your next investment property, and why buyers now have more choice and more room to negotiate.
I explain how the federal budget changes to negative gearing and capital gains tax may shape your next purchase.
And you’ll also hear how to keep an interested buyer moving without pushing them away.
In this episode, you'll learn:
✅ The question to answer before you buy your next investment property
✅ Why the sale process that set record prices in Perth six months ago now has a very different job
✅ What feels uncomfortable for sellers right now, and how buyers can use it to their advantage
✅ How to keep an interested buyer moving toward an offer without heavy pressure
✅ What losing a fish 10 metres from the boat reminded me about a big negotiation mistake sellers make
✅ Why federal budget changes to negative gearing and capital gains tax affect future decision making
Key Moments:
00:00:00 Intro
00:04:50 Good Conditions Never Last
00:08:55 Adapt Or Get Out-Fished
00:13:20 Keep The Tension On
00:17:52 Remember Your Real Why
00:20:55 Selling To Upgrade Home
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Our Services:
✅Get your Strategic Portfolio Plan and our help with Buying Your Next Perth Property (https://www.investorsedge.com.au/invest-in-perth-property/)
✅Get clear on your current property’s outlook and the best strategy for you? Email Jarrad for your Strategic Property Review: jarrad@investorsedge.com.au
✅For More on our Investment Buyers Agency to buy High Performing property:
https://www.investorsedge.com.au/invest-in-perth-property/
✅For more on our Home Buying Service to a hassle free purchase and move:
https://www.investorsedge.com.au/home-buying/
✅For more info on our award-winning and highly rated Property Management services that give you guaranteed peace of mind https://www.investorsedge.com.au/perth-property-management-specialists/
✅For more info on how our Property Sales services can ensure you get the best selling price while handling all the stress for you https://www.investorsedge.com.au/selling-your-perth-property/
Tools & Insights:
✅Take our Property Investor Readiness Scorecard to uncover your blind spots and make smarter investment decisions before you buy: https://investorsedge.scoreapp.com/
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