Opportunity Cost of Selling – You only get one Alan Bond in your lifetime and I’ve had mine [Kerry Packer]

by Alexander Gibson | Sep 18, 2021 | Articles

This infamous quote was a remark from Kerry Packer on the business deal that saw Alan Bond buy the Channel 9 network for just over $1 billion in 1987 and sell it back to Packer for $250 million just three years later. I can’t help but see parallels between this quote...

What is really happening at Auctions [it will surprise you]

by Alexander Gibson | Sep 13, 2021 | Articles

“I mean it’s just absolutely designed to manipulate people into idiotic behaviour” – Charlie Munger  Warren Buffett has always been very vocal about his thoughts on auctions. Famously stating in the 2016 annual letter to Berkshire Hathaway shareholders “we don’t...

Are You Thinking of Selling your Home? [Guide]

by Alexander Gibson | Sep 6, 2021 | Articles

Selling your home is one of the most stressful times in anyone’s life. The uncertainty in outcome, the sheer amounts of money involved and the potential future use of the funds is enough to make anyone’s stomach fill with butterflies. When an owner first thinks about...

Sydney house prices to surge 23pc this year….[or will they?]

by Alexander Gibson | Aug 30, 2021 | Articles

ANZ Research published its insights and prediction of Sydney House Prices for the rest of 2021. With forecasted gains of 23 per cent in the 2021 calendar year, this is up from their previous prediction of between 15 to 20 per cent in March 2021. If you go back even...

The Unrealistic Buyer’s Journey [A Cautionary Tale]

by Alexander Gibson | Aug 23, 2021 | Articles

The stories that I have heard from buyers in their pursuit of property although unique and individual in their own way, its uncanny how similar they all actually are. Many buyers do not understand the market. The size of the purchase and all the moving parts involved...