Sydney Property Expo

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From: Property Buyers Network


The Sydney Property Expo 2002 will be held at the Sydney Convention and Exhibition Centre on 19-21 April 2002. There will be a wide range of exhibitors at this Expo, and I am sure that many of you would be planning to go and see what is on offer.

The entrance price is normally $ 12.00 per adult, but as an exhibitor this year, Property Buyers Network has arranged for 30 complimentary tickets for our clients.

As a special offer to Forum members, we would be pleased to provide you with a complimentary ticket (saving you $ 12.00). All you need to do is to request your ticket (limited to one per person) by forwarding an email to me at info@propertybuyersnetwork.com.au. detailing your name and address to where we would send the ticket.

Property Buyers Network also produce a free property investment newsletter jam packed with profit enhancing ideas through property investment, and we would also like to send this regularly to anyone requesting tickets.

If you would like to take advantage of this complimentary ticket offer, please email as soon as possible, as we only have 30 complimentary tickets to give away.

Mark Pardi

General Manager

Property Buyers Network

www.propertybuyersnetwork.com.au
 
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Reply: 1
From: Glenn Mott


Mark,

The Cavaet Emptor forum is where this post belongs.

I am sure that you are well mannered enough to offer the wisdom of your experience in the property industry to our forum rather than being a "fly-by-night" spammer like many who advertise in their first post!!

Glenn
 
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Reply: 1.1
From: Jeremy Laws


If you were so keen to accommodate us here, why are you advertising so aggressively in London?? Your so called popular properties seem pretty hard to push....
 
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Reply: 1.1.1
From: Mike .


Hello Mark,

After seeing your post I checked out your website to get some idea of what your company is about. I must say you have some high ideals on issues that have been discussed on this forum at length.

Your website mentioned the need for proper due diligence in relation to a property purchase. That is one area that the Forum has covered extensively and I'm sure that most forumites have got the message by now to get an independent valuation on any property purchase.

Another area of due diligence, however, that the Forum sees as equally important is any investor related service provider whether they have a connection to property sales or not. So since you are in that category could you please provide the following details:

Who are the Principals of Property Buyers Network?
What qualifies them to give financial and investment advice?
Do they now, or in the past, have ownership interests in other companies?
Have any of those companies gone into receivership?
Are your advisors covered by professional indemnity insurance?
Are your clients required to sign an agreement or contract? Does that document waive professional liability of your advisors?

Mark, the website says your company values are:

Professionalism, ethics and an absolute commitment to integrity and success for our clients are the core and distinctive values that PBN has been built on. We have a diverse and experienced team of property professionals in both Sydney and Melbourne all focussed on the primary objective of assisting our clients create wealth through property.

Bearing this in mind I hope you will be open to answering my questions which are normal and reasonable due diligence questions.

To the issue of independence your website says:

PBN retains its independence by not selling or marketing property. We have no association with any vendor, developer or real estate agent nor do we receive any form of commission or fee from vendors, developers, financiers, real estate agents or any other organisation.

However, you do have an association with other service providers which you may refer your clients to as part of the one-stop-shop service you provide:

PBN provides a complete suite of services for property investors. For our clients, we arrange (when and if required) independent specialists in the areas of finance, property accounting, property legal services, financial planning, property valuers, quantity surveyors, insurance, building and pest inspectors, asset protection, taxation minimisation and deposit bonds.

Is there any financial arrangement between PBN and those specialists you refer your clients to?

Are you prepared to provide the names of those specialists to potential clients so they may be evaluated ahead of contracting any of your services?

Mark, that's all the questions I have. Others may have some more. Please don't take my enquiries as an attack on PBN. I wouldn't waste my time putting this post together if I wasn't genuinely interested in the services of your company. If you're genuinely interested in us perhaps you will post some of your thoughts occasionally to this forum. It is okay to include your company name and contact details in your signature as you have done on this occasion.

One more thing before I go, who IS the General Manager of PBN? The media release on the website says Stuart Gagg is General Manager of Property Buyers Network. I also note from your post that your title says GM, as well. Could you clarify, please?

Regards, Mike
 
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Reply: 1.1.2
From: Mark Pardi


On 3/28/02 8:07:00 PM, Jeremy Laws wrote:
>If you were so keen to
>accommodate us here, why are
>you advertising so
>aggressively in London?? Your
>so called popular properties
>seem pretty hard to push....

Thanks for your response Jeremy Laws

We are not advertising any property what so ever in London......perhaps this is a confusion with another organization ? If so please let me know.

Also we are not advertising any property in Australia....we source property on behalf of our clients.....based on their brief to us.

The reason for this post was the fact that I have 30 spare tickets.....I would rather give them away to people who understand and appreciate the world of IPs and I thought this area would be best to do so.

Kind Regards

Mark
 
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Reply: 1.2
From: Mark Pardi


On 3/28/02 5:42:00 PM, Glenn Mott wrote:
>Mark,
>
>The Cavaet Emptor forum is
>where this post belongs.
>
>I am sure that you are well
>mannered enough to offer the
>wisdom of your experience in
>the property industry to our
>forum rather than being a
>"fly-by-night" spammer like
>many who advertise in their
>first post!!


We and I are certainly NOT a fly by night spammer. I had a genuine case of spare tickets to the Sydney Expo.....so I thought this forum would be the one place that items like this would be appreciated.

Additionally we would be happy to comment or offer our thoughts on any item mentioned in this forum.....feel free to contact our organization or me directly regarding any topic.

I have been reading this forum for quite a while now.....and I believe that as a "whole" we all embrace very similar philosophies and ideals about the right way to purchase the right IPS

Thanks for your comments.

Kind Regards

Mark Pardi
>
>Glenn
 
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Reply: 1.1.1.1
From: Mark Pardi


MIKE

Thanks for a detailed post and the questions you have asked.

I would like to provide you and the "forum" the answers to your questions

I will answer for Sydney only at this point.

Principal is Myself

Licensee is Myself

All staff that deal with the public are also licensed or certified under my licence

Share holders are Myself and one other private individual who has no real experience in the industry, but liked our business model and wanted to be a part of it.

I have had ownership in other companies....not directorships and none of these companies have gone into receivership

Our company is insured across all areas of business

Our clients are not required to sign any documentation to waive professional liability

We do not give specific financial investment advise....we encourage all our clients to seek independent Accountancy, Legal and Mortgage advise.

Once the client is correctly structured, and financed we will commence to find them a property based on their property brief to us.

We then use are extensive "real estate" experience to locate and negotiate the right property for our client. Once we have negotiated we have 1 or 2 valuations carried out on the property......if our negotiation price is at least $15 000 below valuation then we will present it to our client.

If not.....back to the drawing board.

We have a panel of 3 service providers for each industry

mortgages
legals
accountancy
valuation
depreciation

We encourage our clients to contact these people and select whom they feel is best for their needs based on fees and "comfort" with the individual

We have no problems with any clients approaching these people prior to engaging our services.....as a matter of fact a lot of clients are told by us to do this before we will start to work with them

we receive no fees from any of these providers at all ZERO !!!


Stuart Gagg is the GM in Melbourne

I am the GM in Sydney

Mike I certainly do not take your questions as an attack on PBN

I am happy to post our thoughts at any time....as long as I don't get a barrage of forum users giving me grief and telling me off LOL :)

I am genuinely interested in you and all forum members.

Our business model is simple......identify what all the liars, cheats, sharks and bodgy marketers did......and do the exact opposite

That probably explains why we have had over 500 inquiries in 4 weeks

I hope I answered everything ??

If not please feel free to contact me

02 9025 3555

Kind Regards

Mark
 
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Reply: 1.2.1
From: Mike .


Mark,

Thanks for your responses. Good luck with your venture and I'm sure your purchase criteria of 15% below valuation will encourage some more enquiries from potential clients using this forum.

In 2 or 3 months time I'll post a request for experiences (good or bad) with your service to see how things are going.

Regards, Mike
 
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Reply: 1.2.1.1
From: Mark Pardi


Mike

I look forward to supplying you and the forum with this information in the near future.

Kind Regards

Mark Pardi
 
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Reply: 1.2.1.1.1
From: Jeremy Laws


Someone is using your name in vain then in the Evening Standard. Might be worth chasing that up!
 
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