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MTR....ditto...I agree with what you are saying. In my opinion as stated before I would be very careful what is put forward by some BAs. I would also believe only you can act in your interest. As for using BAs in interstate markets it could be false economy as some of them have...

HiEquity....you are entitled to your opinion.....that is beauty of the forum. There a quite a few on the forum who have differing views. I am not saying any party is right..... As for ten of millions....talk is cheap...agree lots heroes with stories...on this site. Some have real...

Yes mate...just cleared my mailbox... Too many PMs.....;) I am tired ...yaaawwwnnnnn....stretch.......so will let it go. It will be certainly interesting at the next SS meet..... Hey Sim when is the next meeting? :D

Sim....it seems this is circular argument! No point talking...where is the vilification of moderators. As for the final warning...forget it. Not worth talking about...I will my talking when I meet one on one! ;) Also ...I do not like threats like this. It is infantile. Off I go...I...

Boys chill...I did not know that Rolf was a moderator!:D Well I know now ..thank SIM...my query was to simply ask the question if the mods are independent...then how is this possible if they have commercial interests. It is very similar to where I am seeing you SIM defend BAs...but no...

SIM...I have a question which is of a delicate nature...what happens if the moderators have commercial interests themselves...i.e. BA, mortgage broking services, etc.? Do these mods have a conflict of interest..have they been veted for this? All companies offering services are subject to...

:rolleyes:Rolf....this is a IP forum.....so discussions like this are appropriate. As for they needing to prove things well ....I am sure that that people want to know about true experiences about companies...that is why there are sites like Product Review. I think it is healthy to discuss...

Travel...bug...do you think this is a great deal?? Let look at the numbers....as number don't lie.... Cost of house $165,000 Stamp Duty $4300 (approximately) Reno costs $25,000 BA costs $10,000 Legals (includes transfer costs) $1700 4 months holding costs - $4000 That is about...

Second that...that in itself should say a lot of things....

Great....because of the following: http://www.fairtrading.nsw.gov.au/ftw/Property_agents_and_managers/Rules_of_conduct/Buyers_agent.page

Well with the coin I am making now....I would be mad to change. But I am sure you are are doing okay. The way I see it is that industries cannot afford to pay the 10k on single deals. I am seeing this across service industries in Australia...eventually competition sorts prices out. I am...

Propertunity...I have met you before and if I was to select a buyers agent it would probably be you. Not because I like you ;)...it is just that I am prepared to pay 10k for a development site where as I would be reluctant to do this on a single residential property. As Starter has...

Lets take stock Takestock.... Selling a property involves say aobut 10k for the sale of an average property in Sydney and a once off fee. Generally if the agent does not perform you do not pay if oyu have structured the contract properly. As for conveyancing ...dangerous to do it yourself...

Yes it is great intuition...I sometimes have 4 conversations with myself with 4 different personalities.......just kidding. ;) Agree with what you are saying...too many sheep out there...I blame the influx of NZers. :p

Are you sure you want to say this? Most people expect performance when they pay 10k. You do realise that 10k is a lot of money for some people?:D

[deleted text] As for going broke....look at the numbers if you have low overheads. Based on sourcing about 4-10 property per month. I makes sense. At 10k per pop......sourcing just 40 properties (3.33 per month) it brings in 400k in revenue. At 5k a pop and assuming over heads of 20k per...

[deleted text] As for BA fees...my opinion is I will let some other mug pay for single residential property. Each to their own....I almost tempted to run a BA agency with $5500 service fee irregardless of property cost! ;) I think I can make a nice living....

Not a fan of small rural areas....liquidty is poor though cashflow is good. It note it is commercial.....that in itself carries the risk of poor CG. You need both for healthy portfolio....

Great...would you care share where the property is, when it was bought and how much you think it is worth now? Bear in mind any one who bought the low end of the market in Sydney over 6 months aog would have made money. Just natural cycle of the market...no rocket science there.

Mate I always follow my gut...if it feels wrong take a breather and do more due diligence. What you are feeling is good thing..you just need to process it.... If information is not forthcoming ...or they say they are too busy because they have too many clients ...walk away!! For example...I...