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Taking Back Saturday episodes
- Confident buyers
In this week’s TBS podcast, Chayse and Sam talk about one of the most important things separating buyers from non-buyers and that is confidence. Through purposeful research and preparation, any buyer can build confidence, offer in accordance and actually buy.
Key Takeaways
Find out everything you can about suitable properties ahead of inspecting (no surprises)
Keep a finger on the pulse for what is selling up to the minute in your market
Use checklists and shared notes to keep track of the information for every property of interest
Never stop asking questions. Have a “what’s the next question” mentality
18 min - Look beyond the pretty pictures
In this weeks podcast, Sam and Chayse talk through the importance of looking beyond the beautifully curated marketing photos when assessing a property listed for sale.
Key Takeaways:
- How to spot a functional and future proofed floor plan
- Become a natural light expert and understand how the aspect of the home utilises light
- Use google street view to preview the neighbourhood
- Resources to discover more about the property beyond whats on realestate.com.au (list below)
Zoning - https://cityplan.brisbane.qld.gov.au/eplan/Flooding - https://fam.brisbane.qld.gov.au/?page=Map---StandardTown Planning - https://developmenti.brisbane.qld.gov.au/Home/MapSearchCrime Map - https://qps-ocm.s3-ap-southeast-2.amazonaws.com/index.htmlSchool Catchments - https://www.qgso.qld.gov.au/maps/edmap/23 min - The weird and wonderful world of off-market properties
This week Sam and Chayse dive into the often complex world of off-market properties and how to best uncover and navigate these opportunities with selling agents.
Key Takeaways:
- Understanding the different forms of off-market properties
- The pros and cons of buying off-market
- Ask why it’s off-market
- How to source (and how to actually purchase) off-market
20 min - Get a head start on your search
There’s more to buying well than just stalking realestate.com.au each night and waiting for new property alerts. This week Sam and Chayse walk through how to start (or restart) your property search. House hunting is hard work (key word being work). Take 20 minutes to hear everything a buyer can do to put themselves at the front of the queue for their dream home.
Key Takeaways:
- How you start (or restart) your home search will determine how quickly you enter the market
- Have the tough ‘what do we really want’ conversation early
- Find the agents who’ve sold what you want
- Stay proactive
22 min - New FY, tax cuts and what it all means for property prices
Thankfully most episodes of TBS are NOT about property data, but this one certainly is. Sam and Chayse discuss the market so far for 2024, how much Brisbane has grown, and stress the importance of understanding key market data and how it plays into smart real estate decisions. They talk through the opportunity cost of not paying that little bit extra (if you can afford it) and what the recent Stage 3 tax changes might mean for different segments of the market leading into the second half of 2024.
Key Takeaways:
• Brisbane's property market continues to grow (and will continue to grow)
• What the hardest and easiest markets to buy in Brisbane are
• Insights on how recent changes to tax brackets can affect borrowing capacity and purchasing power
• Market predictions for the next 6 months
• How to not rush, but make fast, clear decisions
30 min - Buy the 7/10 and more Q&A
This week Sam and Chayse answer audience and follower questions. They talk through the critical aspects of buying a home in Brisbane and emphasise the importance of preparation, knowing what to look for, and setting realistic expectations.
They share experience and insights on identifying the right property, managing negotiations, and understanding past, present and future market trends; and also answer questions on broader market conditions, challenging interactions with real estate agents and what to expect in terms of house pricing and interest rates in the near future.
Key Takeaways:
- House Hunting Strategies: Treating house hunting like work will increase your chances of success. Set clear goals and work systematically.
- Making Offers: Be strategic and set expectations when making an offer. Clear communication with the agent is key.
- Preparation: First home buyers should prepare by building a team of experts around them, including mortgage brokers, conveyancers, (and even buyer's agents).
- Building and Pest Inspections: Knowing how to interpret these reports and negotiate based on the findings can save you money and hassle.
- Market Trends: Understanding current market conditions and how today’s market compares to last week and last month so you know where to make great, acceptable, offers.
28 min - Avoid buying the wrong property
Sam and Chayse talk through why so many buyers end up buying just for the sake of it and settling for any home instead of the right home after they’ve been looking for four, five or even six months. They talk through four simple steps that will help buyers, at all levels of the market, avoid buying the ‘wrong’ property, manage emotions (and frustrations) and get into the right’ home sooner.
Key Takeaways:
Clear Communication: Consistent and clear communication between buying partners helps in maintaining focus and avoiding unnecessary frustration during your property search.
Identifying Your Must-Haves: Regularly revisiting and adjusting your non-negotiables can streamline the house hunting process, maintain clarity and not waste unnecessary time on weeknights and weekends.
Building strong relationships with key real estate agents who specialise in your desired area can provide early access to new listings and valuable market insights.
Getting a second opinion on your borrowing power might uncover additional funds, thus expanding your property options.
Keep the faith. There’s always another ‘one’
22 min - Monthly market update
This week’s episode is all about the current market. Chayse and Sam talk through notable changes in the Brisbane market over the last few weeks. We cover off on the North vs South markets, as well as breakdown competition and pricing surrounding units, townhouses and houses across Brisbane. Come for the real estate, stay for the State of Origin preview.
Key Takeaways:
Brisbane's real estate market is seeing a shift, with increased stock leading to a perceived change and a ‘fairer’ feeling in some markets, while others are increasing in terms of both competition and price.
The current market offers opportunities for negotiation, especially as more properties are expected to come to the market.
Higher prices are being achieved behind the scenes, where agents get more opportunity to leverage perceived competition.
Being proactive and attending live auctions can offer prospective buyers first-hand experience with the market's pulse
30 min - with special guest Michael Garcia
Michael Garcia of Place Woolloongabba joins the show this week. Michael and Chayse talk through Michael’s approach to real estate, discuss the dynamics of various selling methods like auctions versus private treaty sales, the impact of market conditions, and the characteristics that define a successful buyer and real estate agent relationship and how it takes honesty from both sides to get the best outcomes.
Key Takeaways:
Real estate requires transparent communication, especially when facilitating negotiations between buyers and sellers.
Michael emphasises the importance of an agent's honesty and genuine dealings to achieve the best outcomes.
The current real estate market in Brisbane is experiencing steady growth, with buyer competition remaining high for well-presented properties.
Buyer’s agents provide a significant advantage in the real estate process, helping buyers make well-informed decisions and often resulting in financial savings.
Selecting the right method of sale (auction or private treaty) should be tailored to the property type and the most likely pool of potential buyers.
25 min - Real Estate sucks
Sam and Chayse candidly discuss the emotional rollercoaster of buying a home and tackle the frustrations felt by buyers during their time in the market, and offer simple strategies to make buying a home a more productive and less stressful experience.
Key Takeaways:
Buying (and selling) is harder than it should be due to a lack of transparency and trust between buyers and real estate agents.
Buying a home feels like a perfect storm of people being at their aspirationally best and emotionally worst.
Asking informed questions and doing research can quickly tell buyers the kind of real estate agent they are dealing with.
Setting realistic expectations for the house hunting process will assist buyers in managing their experiences more positively.
Buyers should seek out advice and tools that help separate emotion from logic for better-informed decision-making when purchasing a home.
18 min
About Taking Back Saturday
From the publisher's feed
Buying a house is hard. The market is competitive and for a lot of buyers, it feels like everything is stacked against them and they don't know where to turn or who to trust. Join Sam Hunter & Chayse Jones from Happy Buyers Club every week as they explore and unlock the often complicated world of real estate to help every day aussies understand how real estate really works. Think of this as home buyer therapy.
Learn more - https://linktr.ee/happybuyersclub