The property game is renowned for its cavalcade of players with furphy spruiking talents, but of them all, whose nose is the biggest?
It seems eons ago since ScoMo ruled the land, property prices doubled every dawn, and the RBA deemed historically low interest rates were the panacea paving the way to macroeconomic nirvana. Ahh, good times, great friends. A nation ruled by steady hands, wise noggins and decision makers you knew were good for one thing, they were NOT to be trusted, never under any circumstances. So, in homage to past misinformation glories, I sat down with property buyer’s agent Paul Wilcox of Oasis Skeen, to unearth who, in the property game, has the greatest ScoMocchio nose of all? And how Tawny readers can best navigate their property buying and selling journeys.
Paul, my mum and dad seem to know it all when it comes to bricks and mortar, but do they really know what they’re on about?
Parents are always to be listened to, usually for the most important reason as the Bank of Mum and Dad is responsible for so many home deposits, they should probably have a Financial Services Licence. But caution is advised for believing their every morsel of insights as their grasp of modern pricing dynamics for apartment living may be steeped in suburban hues of yesteryear. For instance, when I sold my 4-bedroom house on a nice block of land for a generous sum, only to “downsize” and purchase a 2-bedroom strata duplex (as close to conveniences as possible) for an even more generous sum, my dad couldn’t believe it, promptly asking politely, “Paul, knucklehead!! What the hell are you doing?!” I replied, “Chasing lifestyle and low maintenance.” We both stand firmly by our viewpoints that only one of us is right.
The media, especially The Tawny Frogmouth, is full of salacious “reporting”. Can I trust anything these pundits say?
I don’t think anyone believes the drivel that’s written by contemporary media outlets, but in the case of the Tawny, the local rag fits superbly in the letterbox and/or handbag, sensational. Even so, always remember that today’s news becomes tomorrow’s fish & chips wrapping, greasy. Plus, real estate agents are big spenders in the print media, and Channel 9 part owns www.domain.com.au so always bear in mind these mobs never cease trying to “sell” you something. Read with caution. Click with concern.
We come to the most trusted professionals of all, real estate agents. How big are their schnozzes?
I have to be careful here, as many of the masters of residential property are indeed my good friends. Even so, Tawny readers are well advised to take an agent’s counsel with a generous grain of proverbial and/or literal salt. This is especially the case when looking to sell. If the agent promises you a pay day in the stratosphere, be sure to double check just how slick their marketing is, and how many pillows and bottles of San Pellegrino they envisage when styling. Lubricious marketing intentions are cause for concern.
Can the Big 4 be trusted?
Ah, the Banks! Here is a genuine contender for first place, whopper schnozzer! All four (five?) of them. Their collective “research” predicted the housing market would fall 30% during the pandemic. Well, news flash! Prices on the Beaches soared 45%. Ladies and Gents, we have a winner!
To know more about the ins and outs of the property game, contact Buyer’s Agent Paul Wilcox of Oasis Skeen on 0401 051 702 and email: paul@oasisskeen.com.au or visit: www.oasisskeenproperty.com.au