Oasis Property: Sydney Buyers Agents
Looking for a NEW property?
To live in – or invest? (negative gearing)
We are the investor's choice buyers agency in Australia, and we suggest you read the below warnings.
Investing for Negative Gearing, or even to live?
If you are buying a property in Australia that is brand new, it is very likely that the company (or scheme) that is selling this property is receiving a KICKBACK for your sale. Many resources, time and money are invested into encouraging people to these investments, and in doing so Sales staff and investment clubs attract these high commissions. We have evidence of kickbacks over $100, 000 just to attract YOU into buying it.
These are NOT buyer's agents, who are employed (and required by law) to work for you. Instead, they will recommend predetermined investments that may not suit your scenario, and more than likely – be overpriced.
It is a well established notion that negative gearing is a great concept for Australians to build wealth. In saying this though, Oasis asserts that Australians pay too much for the concept – and the sales margins to peddle these products do not always make your investment stack up. (Many can take 3-5 years to increase enough to make this sales margin back!)
Some call themselves financial services companies (with a property division). These tend to have a finance division as well to assist you to purchase a property and control the whole transaction. It is our recommendation to stay away from these type of companies.
Some go by the name of wealth creation companies or property clubs. Whatever the scheme is cloaked in, the results are usually the same. Overpriced property, with some company or property trader getting the kickback to put you into a property. Who pays for it?– you do.
These are NOT the type of companies that you need to be associated with to ensure your best investment. Here are some questions that may explain how Oasis has lead investment buyers agency in Australia.
Q: As a fully licensed Buyer's Agent, are YOU (the agent) allowed to keep the kickback?
A: No
Q: Who gets the kickback then?
A: Oasis refunds the full kickback to you? Only if, of course we recommend that property. It is our job to truly find you the best property there is. Is is likely however that NEW property will attract a commission rebate that we can access (and give straight to you)
Q: Does this mean that you will try and put us into a property with the highest kickback?
A: No. Oasis' job is ALWAYS to make sure that you get the perfect property for your brief that achieves your goal. IF the property is NEW though, there is a good chance that we (with our relationships) can receive this commission and return it straight to you. We are required by LAW, NOT to have a predisposition to placing you into a particular property. More importantly, by law we cannot keep the kickback or commisision and must return it directly to you.
Q: What does this mean?
A: This means that we can not only FIND the best property for you, but we will NOT have a predisposition to looking at ONE complex only. We are furnished with the best data in Australia to signal where good investments ARE and WILL be. Then, we will make sure that you can get cash back in YOUR pocket, if there is a commission receivable, as we cannot (by law) keep this rebate ourselves.
Q: Do you charge a FEE?
A: Yes. This service is no different from any other in our range of services and we ask you to consult our range of fees. Keeping in mind though that a typical service charge for an investment property is $6600 and the normal rebate we can access is at least $18 000, you do normally receive immediate equity upon settlement.
Q: But there are some other people out there who say they will look for me and not charge me a cent to find the place I am looking for. Who are these people, and why NOT use them?
A: These people are NOT Buyers Agent's but they often use our marketing mediums as places to advertise, some even disguise themselves as a buyer's agent in a private medium. BUT they are not, and it is illegal for them to do so. They have arrangements with developers, and in the end their aim is to put YOU into a property that will fetch them the highest commission.
Case Study: We have seen one complex, for instance that offered us a commission of over $100 000 to put a client in this property. In doing some due diligence on the property, it seemed that the property was about this much ($100K) overpriced. Needless to say, we never allowed our clients to purchase here. Within 6 months, the pricing structure of this development was revised when the mortgagee repossessed their property and administrators/mortgagee saw a revised pricing structure more than $120 000 less for the sale of these properties.
You do NOT want to be involved in properties like this, and are sure you would prefer the surety of a TRUE buyer's agent, with a government license to study and investigate these developments for you, not some cowboy with a hidden agenda.
Q: Does this mean that they are all overpriced?
A: No. The aim for every developer is to put up the best possible complex/building for the best possible price (the market will accept) while still achieving a profit. Like most commodities, the winners (the best developers) are usually those that own the workforce (larger groups) but still make the best end product. It is not always the largest developers that produce this as they can fall into a trap of making too large a complex with too many homogenous products. (i.e. many products that look the same, in return having continual resale's for the lifetime of the development)
Oasis strives for the best of both worlds. See the following example for explanatory purposes.
EG: Developer A:
- Builds home A for $200 000
- Much experience which leads to economies of scale & efficiencies
- Owns a workforce (or part of) and has a thorough plan
- Trusted brand that attracts the market (prior good product sales history)
- Succession plan for (follow up) work to allow growth of company.
- Offers commission of $30 000 for net sale price of $400 000
EG: Developer B:
- Builds Home A for $240 000 (even though it is the same product as above)
- Not so experienced developer
- Does not own the work force so pays a lot more for their labour and materials that they subcontract
- Not yet established and less likely to have reputation of favour
- May have to charge more for the project as they MUST succeed on project to make way for NEXT project
- Offers commission of $40 000 for net sale price of $420 000
It is sound reasoning to suggest that developer A has a better product for a better price.
In this case above it is easy to see that the development world can be convoluted and difficult to monitor. You will need to be aware of these.
In the cases of these two above, it would be wise to realise that Developer A will develop a far superior product for the same price, or the same product for a better price. However, like most commodities, most companies allow for a sales margin, that cannot be ignored if they want to have a fair chance of selling their properties. Some source this out to solicitors, accountants, financial planning companies or seminar spruikers. All these parties can receive a kickback except for you (including some of these people like solicitors and accountants who you might consider YOUR own alliances). In the end, there is currently NO other way to get an unbiased and best research point of view than a buyers agent to manage this task, as they do NOT have a predisposition to get you into a particular development, but they are able to capture this commission for you IF it is available.
Q: Why is Oasis the best Buyer's agent to take on this task?
A: Oasis has vast experience in development and investment experience that lend itself to the best investment strategies. Our staff are NOT just ex - Real Estate salespeople, a status that can be achieved in a 3-10 day course. We have noted experience in Investment, Development, High Rise Management and Residential property as well as post graduate research qualifications including MBA studies. Our conveyancing (property law) company associated with us (McPherson Conveyancing) also ensures that our slant on things is all inclusive to be a step ahead of the competition.
We have conducted investment seminars for many investment groups as users of our services, including the formation of a business with other likeminded parties to gain ‘bulk buying' presence for some of our investment clients. The general public is welcome to join in on these purchasing experiences where we can approach a development (if it fits the clients brief) and achieve commission rebates (through us) that NO other company can achieve.
Consider it the most prudent call in one of the most crucial times on the Real Estate landscape. The reality is, you cannot get the access to any reverse commissions yourself (or rarely negotiate price reductions in new properties, as prices are fixed as to keep valuations stable) so in using Oasis, you are actually saving money (not paying it) AND finding the best property for you.
Some of our accurate data has been sourced from the most reliable sources in Australia, such as:
- Australian Beaurea of Statistics (ABS)
- Data Agencies & Statistical Agencies (eg: KPMG)
- Local Governments (eg: councils)
- State & Federal Agencies (eg: governments, development agencies)
Oasis has recently compiled (completed March 2006) a data analysis of projections for the next three decades (current – 2030) in investment centres in Australia that covers the BEST and WORST investments over this period of time, including growth rates, projections, building growth (and declines) and of course capital growth projections.
It would be unlikely that you would find this research from another Buyers Agent, and certainly not an ex or current Real Estate salesperson, who might have achieved their status from attending 3-10 day course work to be considered a property expert. This is not enough to give you direction on something that should take a dedicated lifetime to specialise in.
Our combined staff have decades of experience in Investment / Development, High Rise Management, Property Law and research that can produce data on par with some of Australias best research.
Wouldn't you like to know where your next investment is going?
Investors, and new home owners - We look forward to your call.
1300 55 1980 |
