With the holiday season upon us, many Melburnians are packing the car and heading for the coast – but which direction are you pointing the bonnet? East to the Mornington…
Listen NowInvesting in property makes sense, investing in the right property takes knowledge. Welcome to the Rewarding Property Decisions podcast.
Join me, Jarrod McCabe of Wakelin Property Advisory, for expert insights into the fundamentals, trends and opportunities to help you create long term wealth through smart property decisions.
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Submit your property questions to: podcast@wakelin.com.au
Latest Episode
Expressions of interest (EOIs) have always left buyers with more questions than answers, and they’re about to become more common. Under Victoria’s new disclosed reserve rules, many agents are steering vendors away from auction and toward EOIs.
Both methods now require the reserve to be disclosed. But knowing the reserve doesn’t fix the real problem with an Expression of Interest (EOI): buyers still can’t see the competing offers, the conditions attached to them, or how the process will play out.
In this episode, Jarrod explains what’s changed and what buyers should ask before submitting an offer.
- Why agents are favouring EOIs over auctions under the new rules
- What auctions give buyers that EOIs don’t – and why the disclosed reserve won’t close that gap
- The key questions to ask on contracts, competition, conditions, timing and the offer process
- How to turn the answers into a strategy, whatever process the agent runs
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Previous Episodes
The Victorian Government has signalled significant reforms that would require vendors to publish their reserve price at least seven days before an auction. In this week’s episode, Jarrod McCabe and…
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