85 blog posts Filter

In today’s market, a seller will often interview several real estate agents before choosing the agent that they will engage to sell their home.

March 20, 2019


Sometimes (if the seller has had a strong relationship with a particular agent), they may only interview one agent…and sometimes they’ll interview anywhere from two to ten agents. Only a few months ago, I was invited in to speak with some owners that had interviewed nine agents before we arrived and as you’d expect, they […]

A topic that’s very hot in the media is the new legislation regarding the exterior cladding that’s used on residential and commercial buildings all around the world.

March 13, 2019


After the tragic fire that engulfed the ‘Grenfell Tower’ in London back in June 2017 (and killed 72 people), the spotlight has now been cast upon on composite products that are considered flammable and have been used in the construction of any dwelling that’s higher than a single storey. There’s plenty of solid evidence to […]

It’s certainly an interesting time in real estate right now.

March 5, 2019


More than ever before, we’re being asked many times per day “What’s the market doing?” The public interest around the ‘market’ has never been stronger and when most news mediums are running stories about ‘the market’ every couple of days, you know that it’s a topic that’s on the minds of many people. I’ve seen […]

Last week, I explained why I believe that Body Corporate companies will come under the spotlight over the next few years.

February 27, 2019


This certainly invoked a huge response from you – our valued subscribers! I’m still struggling to answer them all individually, but it seems that this article did strike a chord with many of you! It only solidifies my theory that this is an issue that we’ll hear more about in the coming years. I did […]

The last of my ‘Top 10 Predictions for 2019’ that I’ve yet to discuss is…

February 19, 2019


An investigation into the operation of ‘Body Corporates’ and a major crackdown on their policies and procedures  I must admit to feeling that this topic is a sleeping giant waiting for the right person to cast a spotlight on how some of them operate. There are often two types of Body Corporate organisations involved in […]

Back in December, I wrote an article where I made 10 predictions about where I saw the market heading in 2019....

February 13, 2019


….well…9 predictions about the market and 1 prediction about the Eels winning the 2019 NRL premiership which most would have to agree, is simply a foregone conclusion. 😊 One of the other predictions I’ve made this year is that there’s a trend of real estate agencies abandoning the franchise model and moving towards a completely […]

Monday’s long-awaited final report handed down by the Royal Commission was interesting to say the least!

February 5, 2019


Amongst the long list of 76 key recommendations, here are the ‘highlights’… Key points: Bankers are not named and shamed, but Kenneth Hayne lays out the potential for more than 20 prosecutions involving the major banks, at the discretion of the regulators, some of which could be criminal, some civil, and some both. Of the 24 […]

There’s plenty of evidence to suggest that the number of real estate agents around Australia will decrease over the next 12 months....

January 29, 2019


Last week I shared my thoughts about how this cycle of the market will leave many agents considering other career options. There is another big factor in my reasons for believing that the number of agents will hit a significant decline (my prediction was a culling of around 15-20% of agents in Queensland within the […]

One of the predictions I’ve made for 2019 is that there will be a reduction in the number of real estate agents in Queensland by approximately 3000 by the end of the year.

January 22, 2019


I’ve had a few people ask me why I believe that this to be the case. I’ve had a few cheeky e-mails suggesting that the world may be better off with fewer real estate agents in it and I’ll make no comment about that statement. 😊 According to the last Census, there were 16,573 real […]

A Simple Tip When Choosing An Agent

January 18, 2019


Research shows that one of the most common traits of a real estate agent that people are wanting when they engage an agent is complete honesty. I don’t need to tell you that real estate agents have a reputation of blatantly lying and in my time as an agent, there’s no doubt that I’ve seen […]

One Down and Nine To Go, Some Very Deep Breaths & A Basic Tip If You’re About To Purchase

January 11, 2019


Two weeks ago in my blog, I offered my ‘Top 10 Predictions for 2019’.  I’ve had a few comments that my predictions may be a little brazen but I’m happy to be held accountable for what I’ve written as 2018 comes to a close.  Clearly, the only certainly here is that the Eels will take […]

As 2018 draws to a close, I thought I’d reflect on this year and cast an eye on what 2019 might bring us.

December 19, 2018


For us at ‘Innov8 Property’ and ‘The Michael Spillane Team’, we’ve had a huge year (in fact, our biggest year ever in terms of our results). It’s no secret that the addition of Tina Chun to our team has made a huge difference and any of our clients that have dealt with her would understand […]

When purchasing a home, you’ll often find that the agent has (at their disposal) a list of businesses that buyers can use to complete their purchase.

December 11, 2018


Whether it be tradespeople to complete renovations, staging companies to help with furniture hire or more directly related businesses such as finance brokers, Conveyancing companies or building and pest inspectors, there’s often an artillery of contacts that can be utilised. So how does an agent acquire such a large list? For me, 17 years in […]

Another week gone and another handful of excellent sales’ results…with some of the highest prices we’ve ever seen achieved in certain estates.

December 4, 2018


My message – now is a great time to consider selling. There’s no question that enquiry levels are dropping (which is not a seasonal occurrence as this time of the year is generally quite busy with lots of inquiries). Right across the board, open home numbers are starting to drop as well but the good […]

Last week, I shared with you some examples illustrating how the banks have tightened their policies on lending and how a few transactions in the wrong places can affect your ability to obtain a loan.

November 28, 2018


It seems like such a long time ago (and I guess it was), but when I was first started in real estate sales, you could obtain a ‘No Doc’ loan whereby you simply showed 100 points of I.D. and signed a Statutory Declaration to state that you could afford the repayments and with a clean […]

As we discussed last week, the recent Banking Enquiry has certainly had an impact on the Australian property market.

November 23, 2018


Based on the recommendations handed down, we have already seen a number of changes that have a significant impact. Firstly, the banks are scrutinising every single application with great due diligence and as a result, finance is taking an increasingly longer period of time to be approved. Where many of our clients used to obtain […]

There’s plenty of media speculation right now about the direction of the real estate market in Australia.

November 23, 2018


You can almost have your head in the sand and still be bombarded with articles in newspapers, websites and TV news bulletins…and like many things in the media, there’s never a shortage of sensationalism and opinion. One thing that I think is always something to remember if you’re looking at buying and selling is that […]

Another year almost gone, and the dust is settling on another season of the smash hit TV show ‘The Block’.

November 23, 2018


It’s certainly a conversation topic amongst buyers and sellers every time the auctions are conducted and from the turnout at the open homes in Melbourne and from the number of viewers that watch the show religiously, it certainly doesn’t seem to be losing its’ appeal. So how did the results fare so well for the […]

In the world of real estate sales, it would be nice if every property was to sell within the first 7 days and for more than the owners’ expectations and we’re often in a position where this does happen…but it doesn’t happen every time.

November 23, 2018


I can promise you that it would make my life a lot easier if it did! 😊 There’s a misconception that an agent knows precisely how much a home will sell for…and this can be a long way from the truth. Just recently, I listed a home for sale and after the first two weeks, […]

There’s been much discussion in the media and within the property sector about how the real estate market is currently performing across Australia.

October 24, 2018


Certainly, it should come as no surprise that the Sydney and Melbourne markets are now in decline and there’s been plenty of media attention focussed on how far these markets will fall…some economists say as much as 40% whilst others are suggesting falls of somewhere between 10 and 20%. As I discussed in my blog […]