Question 1

Off Market Transaction

Accepted Answer

Off Market Transaction relates to the purchasing of a property prior to the property being made available to the general public. For example, an agent may have a property that is about to be made available for sale. He may notify a number of Buyers Agents or members of the public who may be interested in purchasing the property prior to the property being advertised.

The effect of an Off Market Tandasction can be a significant saving on the purchase price of the property as the owner of the property has not had to spend any money on advertising nor make his property available to the public through open homes and private inspections.

Question 2

Dual Key Property

Accepted Answer

Dual Key Property or Dual Living relates to a type of property built with 2 complete dual living areas, each with their own separate entrance, car parking, kitchen, bathroom, and living areas. It is a way of effectively increasing the income of a property. Each living area has its own lease agreement.

A Dual Key property can significantly increase the income however some councils do not allow more than one lease agreement per lot.

Dual Key or Dual Living Properties fall under 3 categories

 	Duplex
 	Dual Occupancy
 	Dual Key

Duplexes are strata-titled and as such require specific zoning and other guidelines to provide two individual titles. This results in an increase in council charges. Duplex generally have a higher cost than an equivalent Dual Occupancy and Dual Key properties, which are on only one title.

Duplexes may bring in slightly higher rents; however, the yields are still usually less than Dual Occupancy / Dual Key returns, which can be higher than 7%.

Question 3

Who Do You Help

Accepted Answer

We help anyone from local people to interstate and overseas buyers who need help identifying a suitable property. We provide ongoing local market education to our customers so that they themselves can make an informed decision on the recommended properties being presented

Question 4

Where do your customers come from?

Accepted Answer

Our clients come from all over Australia and the world. Sometimes they may come up for a day trip if their in Australia and I will take them out for an educational tour of the area. Having the 360 degree virtual tours means that you can view the properties in great details from anywhere. I even have local clients in Brisbane who just need a hand looking in the right direction.

Question 5

What do you do?

Accepted Answer

We help people invest in Real Estate whether it be to live in or as an investment. I take the time to find out your requirements and goals for the property and your preferences. From there I enter your data into a number of systems that will firstly notify the best real estate agents in that area that we are looking for a property and then it goes into a completely automated search spider that looks through hundreds of property listing web sites each day and reports back the latest listings for that day.

Bridgeman Downs

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