A weather warning for investors and how we buy has changed | Kevin’s comment 20th November

Thousands of unit owners throughout Queensland are being urged by the industry body, Strata Community Australia, to begin planning for a tumultuous storm season.

After some already scorching Spring days in the Sunshine State, there’s concern that summer will bring plenty of wild weather and the SCA says now is the time for Body Corporates to be gearing up by checking roofs, gutters, tree branches and their insurance policies.

The Bureau of Meteorology has indicated that up to four cyclones will form this storm season and at least one could cross the coast so don’t forget your investment portfolio when preparing for summer tempests.

Way back in the 1990’s, about the only two ways to find properties listed “for sale” was to get Saturday’s paper or linger outside real estate agent’s offices staring through their windows.

Nowadays of course, most buyers can check their favourite property portals whenever they like, or take it one step further and set up Alerts so they get an email when a listing hits the market that matches their criteria.

In an article by Michael Crawford for the news website Real Estate Business, he found a number of agents predicting the death of print advertising for property listings within the next five years, saying many agents believe print ads, and even printed mail outs, are no longer an effective way to market property.

The article goes on to state that ultimately, people just want a property sold and with web-based advertising, a couple of thousand dollars can create listings that hang around until the deal is done.


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