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Have you ever been disappointed with a valuation on your property? Do you suspect the banks instruct valuers to get the lowest possible (fire sale) valuation?
And what is the right way to get the best possible valuation for our property?
Today guest property journalist and former valuer Kieran Clair, will ‘tell all’ and also give us the inside scoop on the recent demise of Australian Property Investor Magazine.
SHOW NOTES
2:25 How Kieran got interested in property investing and valuation
4:07 The education certifications people need to pass to become a certified valuer
7:15 How to get the valuation you want
11:30 Valuations using Valex: What it is and how it works
14:10 Do banks instruct fire sales?
16:22 How does subdivision potential affect a valuation?
23:20 Do valuers specialize in a specific suburb?
24:45 How many is the percentage of refinance valuations?
25:37 What are the risks associated with new sectors?
30:00 The key characteristics of a good suburb
33:50 What will happen with the property cycles in the future?
36:36 Kieran’s smartest investment to date
39:30 Kieran’s checklist of things to look fr in a property to invest in?
45:08 What is Kieran’s dream project?
46:30 What’s next for Kieran Clair?
53:34 What is the future of printed property magazines?
58:28 Kieran’s thoughts on the future of property investing
1:01:55 What are the things people are most interested in as per Kieran’s stay in API magazine
1:05:40 The most memorable story about property investing that Kieran featured in API magazine
“There is a romance to a property and there is something about a home that you can feel when you walk
into a great one, but really the ability to come up with a figure has to be based on a real science.” – Kieran Clair
“The thing I’ve enjoyed most is it is a process whereby you get to go into somebody’s home
and fro 20 minutes sort of become part of the feel of that place.” – Kieran Clair
“You get that sort of contact with people and the way they live and I got to do that several times
a day and I find that immensely enjoyable.” – Kieran Clair
RESOURCES AND LINKS
ALSO MENTIONED
TWEETABLES
[bctt tweet=”The smartest investment I made was getting my wife to marry me.”]
[bctt tweet=”Getting the value that you want is you getting en education yourself.”]
[bctt tweet=”I still have insatiable faith in Australian property.”]
[bctt tweet=”Markets do have emotion in them.”]
As mentioned in the show, this is the valuation template that our students used to encourage the highest possible valuation.
This template is in word format and is simply modified to suit your property.
