Thoughts on the Real Estate market and beyond.
That’s a quote from Warren Buffett – The Oracle of Omaha. He is famous for having very simple rules for how he amassed his fortune. Many of those rules follow the same principle : Always have great information.
We believe that rule applies equally to property investment as it does to investment in the share market. By having adequate, and quality…
According to Wikipedia, Proptech, or Property Technology is the application of information technology and platform economics to real estate markets. More generally the term is applied widely to startups who have intentions of disrupting the way business is done in the Real Estate sector.
One of the goals of Proptech is to reduce paperwork…
We don’t often engage in crystal ball gazing. Or for that matter tea leaf reading, tarot cards or analyzing the crinkly lines on our hands.
But from time to time it is useful to look at the factors influencing our economy, and try to determine how those factors may shape our future.
What are those factors, and how are they likely…
Recently the Greens announced a Robin Hood election policy that is interesting in more ways than one. Taking from the hard-working to channel it to those who have made different choices in life is obviously a blatant attempt to shore up their fading electoral base. But behind the obvious, it illustrates a major problem in government in New Zealand.…
A potential buyer is interested in purchasing a property. The property is being auctioned. The expectation is that the potential buyer will do copius amounts of due diligence prior to the auction, as well as arranging finance, so that they are totally prepared to make an unconditional bid at the auction.
Another potential buyer is interested…
How has the market reacted post Covid lockdown? And where to from here?
There is no doubt that office and retail markets have been badly hit by the economic fallout from Covid 19. But, despite predictions to the contrary, industrial property has barely been impacted. To date, the industrial market has largely picked up from where it was…
The recent “health” crisis (which has now become a true economic crisis) changed the behaviour of many overnight. The fear of a pandemic turned the majority of the population into a compliant horde who hung off every word of the daily one o’clock talking heads. There were many aspects of the handling of the crisis…
For many there comes a time, or an event, in their lives that makes them stop, look around, take stock, and then perhaps make major changes.
Could this period in our lives be that event that enables us to see with a little more clarity our actions, our lives and the way we interact with the world? And therefore make changes . Or will we…
Trying to look past the present is difficult at the best of times. And in the current unprecedented environment no one really knows. But let’s give it a try!
At Expedio we will be using the lockdown period to plan as best we can for what the “new normal” is likely to be, and then how we adjust to it.
What is the “new normal” likely…
It has been a question that has been relevant for several months recently, but with current events becomes somewhat more urgent.
Over the last 3 or so years, many rents have increased by up to 50%.
That impacts in a positive way on a landlord, and more so if the landlord has owned the premises for some time.
And if the landlord…
Ethics, corruption and incompetence. Quite separate issues you may think. But is there a possible link?
Whilst New Zealand may sit near the top of regular lists of corruption free countries – we know that we experience forms of behavior which are unacceptable, and could be construed as a form of corruption.
There is an argument that…
Here at Expedio we talk a lot about qualifying the customer; and the times we see a lack of it. Qualifying your customer is simply finding out who they are, and what their needs and wants are. What is the problem that they need to solve?
The first touchpoint an agent will have with a new potential customer is generally an enquiry for a specific…