Selling Houses Australia

Selling Houses Australia is apparently the most popular program on the Lifestyle Chanel.  

After spending a wet weekend afternoon watching it we picked up a few ideas ourselves. We spent the day doing so because we couldn’t spend time outside doing some outside work on the house. There is always maintenance on houses & they require money & makeup of 1% to 2% of house value p.a.

How much per day do you spend on it e.g. water filter, citrus fertilizer, new vanity & labour,...

Of course whilst watching  Selling Houses Australia we have ideas on what to do to  ‘improve’ our house. It was right in front of us which is usually the case for males. It appears the average suggested by Selling Houses Australia is 14K. Most don’t have this 14k as cash ready to use.

We observed that the 14k has been spent on stuff in general & hence is unable to unlock out of the house.

What the vendors also don’t have is the big idea to help them sell the house. After all the vendors would have sold their house if they did.

What is the big idea that frequently required.

We would generalize & say a miniskip for the outside & a miniskip for the inside would be a very good start.  Make that two  for both. 

 A little cash saving  for the rainy day makes sense. Cameron from the NAB would agree.

The next big idea is many want to DYI themselves. They believe they can do it themselves or object to the commissions paid. As Jon once said ‘what part of my services do you want us to leave out’. Let’s face it if it was easy everyone would be doing it. Rachel is a surgeon earning 250k for 3 days work. Is that excessive?  Not if you are the patient.

Remember ‘dentists don’t pull their own teeth.

 Martin discovered this week that he is 29.5K better off because of the super plan we put in place in 1994. Commission & it wasn’t zero was & is not an issue.

Yes we did consider that RE agents could be more proactive in advising the vendors what they need to do to sell the house. We could suggest 10 basics that vendors could follow to help themselves. All common sense but sense is not common.

Another idea is that the vendors may not want to ‘let go’. Recall ‘if nothing changes then nothing changes’ & it is frequently described as the height of silliness.

Similarly with many on their financial matters.

This is reflected with the scary sum that 50 Billion is owed on credit cards. We understand that 50% of this amount is on the highest interest rates. Do we buy bank shares or do we sell them?

It is also reflected that the QLD government collects 2.5 million per month on late fees for car registrations.

There is a need for each to do a stock take of what they have & what they owe.

What do they need & what they need to prioritise. It is well understood that to achieve measurable results this needs to be written down as otherwise it is  a vague wish.

Paul just asked us today  ‘what do you think of income protection for the self employed’.

‘Can you stop work today?’

No.

Then we did suggest a simple solution to keep the income protection cover he has.

Gary did ask for some similar cover himself which with a large mortgage372K & 3 children makes sense. When he further mentioned BMI then it certainly makes sense as the odds are not zero.

 We do offer a No 1*other solution if insurance is unattainable as part of our holistic approach.

What Gary also needs to do is get a financial coach to help advise on how pay down his mortgage before he retires. The bank or the broker isn’t going to help him & Gary is running out of time. He needs to let go but somehow we doubt it & he will need the pension to pay his rent to the bank.

Our PCMS* might work for him if he can save 10+ per day & has the right attitude & self discipline.

Our websites have happy clients who let go.

Lester who is on our panel of preferred mortgage brokers advised us that he had 4 enquires for refinance last week. Three were from separating couples. We would suggest that many separations are for financial reasons & no doubt a lack of cashflow or overuse of ‘wants’.

When we switched from lifestyle we watched the tennis.

 Isn’t it strange all the top players have coaches & have a team helping them achieve their goals.

We also wondered how much a super fund was spending on advertising at peak viewing times. Is that information available & where do they get their money?

we certainly wont be doing our own DYI renos after the big idea.

You are welcome to call on 07 3848 1088 or email This e-mail address is being protected from spam bots, you need JavaScript enabled to view it or visit our websites www.wecoachwealth.com.au

We are non-aligned & helping where we can for 27 years.  As Jim suggested 12 years ago ‘we match energy with energy’

John McAuliffe