When venturing into property development, knowledge becomes the key to success. Money undoubtedly holds a significant role in the development process, but understanding the responsibilities of everyone involved can provide valuable insights into the project's progress. 

Being well-versed in the roles of financiers and valuers is particularly crucial. While they have distinct functions, both greatly influence your financial decisions and potential profits or losses.

In this week's episode, Bob and Hilary discuss important things to know about your financier and valuer. They highlight the role of a financier in providing necessary funds for projects and the advantages of leveraging borrowed money to maximise profit. They also emphasise the role of valuers in determining the value of properties, which is crucial for making informed decisions in the development process. So if you are looking for useful information on financing and valuation in property development, you won’t want to miss this week’s episode! 

Episode Highlights:

• Bob’s tip of the day  [00:47]

• Important things to know about your financier and valuer   [01:53]

• What is the role of the valuer  [05:23]

• What is the difference between rates  [09:29]  

• What is the role of a broker  [10:35] 

• Why do we need a financier and a valuer  [17:07]

• Are you able to say you want a different valuation firm  [21:11]

• What is the general timeline of a valuer  [23:39]

• What is the impact of applying for different finance [28:15]
• Membership information [30:36]

Throughout the episode, we also touched on Hilary’s new book, 3 Wines In. To learn more click here: www.hilarysaxton.com

About Hilary Saxton:

Hilary Saxton is a performance and mindset strategist who motivates, trains, and coaches people who crave knowledge and success in their property and business life. Hilary has had a varied career in property and business spanning at around more than 25 years now. She takes an honest, upfront approach towards both people and process issues. Hilary provides solutions through incremental and transformational change that delivers the success her clients both want and need.

About Bob Andersen: 

Bob Andersen (known in the property industry as “The Deal Maker”) is a Property enigma. When it comes to creating financial freedom for his followers, his “thinking” is refreshingly simple. He has the ability to make the seemingly complicated, uncomplicated. Bob has changed the lives of so many people by training them to use property development as a vehicle to build substantial cashflow and long term wealth. This in turn, has given them control over their lives and a lifestyle they could previously only dream about. It has been said that Bob has created more property millionaires in Australia than any other educator / mentee out there through his highly acclaimed property development courses. Thank goodness for Bob! Because there are way too many so-called Property education experts out there. Several, even past students, have ‘borrowed’ Bob’s material in an attempt to ‘be Bob’. As Bob says, “I must have done something right, but you can’t ‘borrow’ over 35 years of experience and over $1 billion worth of projects spread across all states of Australia and in all stages of the property cycle”. 

Resources:

• To contact us about our investment opportunity, please email [email protected] or phone 1300 729 550
• If you’re interested in winning a free copy of the book “Secrets of Property Millionaires Exposed”, go ahead and leave a comment or send me an email. We’d love to hear from you!
• If you liked this episode, or have any comments and/or suggestions on how we can make this better, don’t hesitate to send us an email. For questions/things you’d like us to cover and discuss in this podcast, again, you can send an email at [email protected]
• If you’re interested in receiving a free copy of the book “Secrets of Property Millionaires Exposed”, send an email to [email protected]! 
• Or Subscribe and give us some great feedback on YouTube: https://www.youtube.com/channel/UCt31KlQu9azoojEHPLvXgmA

 

Connect with Hilary Saxton:

• Property Mastermind Facebook: https://www.facebook.com/PropertyMastermind
• Property Developer Secrets and Hacks Facebook group: https://www.facebook.com/groups/2581187315284341
• Hilary Saxton Facebook: https://www.facebook.com/HilarySaxtonCoach

• Instagram: https://www.instagram.com/hilarysaxtonproperty/
• LinkedIn: https://www.linkedin.com/in/hilary-saxton/
• YouTube: https://www.youtube.com/channel/UCt31KlQu9azoojEHPLvXgmA
• Property Mastermind Website: https://www.propertymastermind.com.au/

It has been a pleasure and we look forward to seeing you in the future episodes!

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