Ultra Top End $30m now - Mal James

Welcome, this world is ultra-high-end real estate. My name is Mal James.

 

Currently, we have six clients in that buy-sell range of $30 million.

 

  • One couple is looking to buy a Portsea clifftop and will then sell their holiday home.
  • A couple looking to sell in Sackville Kew and transition into something smaller.
  • Another is in a similar location selling at years end and moving to Brighton.
  • Brighton couple with home and court looking to move to Albert Park large land.
  • Toorak buy first $15m – $20m, then sell in the same suburb.
  • Selling a Toorak home currently – if the number is right, will need somewhere to live.

 

If we can find the right option at $30m, one couple would consider selling their home north of $70m – it’s a tall order. They have a great home now.

 

But we like tall orders, our clients have broken records in many suburbs and all-time records for Melbourne and Vic.

 

For these above clients, we have bought their current home or acted for them on other ones – these are people we do have a trusting working relationship with.

 

All or none of these families may transact in this current year, as it’s a very different one to last year.

 

Last year we completed a $65m interstate buy sell, a $24m beachfront buy sell, a near $30m purchase in East Melbourne, a $20m buy sell in Grace Park and $10m buy sells in Eaglemont, Hawthorn and South Melbourne. A different year.

 

Letterboxing, doorknocking, agent ringing, lawyer talking, marketnews advertising, party going (only a little bit), home open attending and a few pieces of magic like database matching, all get our mobiles lighting up. Followed by short text informing, private visiting, some due diligence and argy-bargying, perhaps resulting in another quiet and very private re-transformation.

 

Life is good – the pressure is nice pressure – the hunt, the challenge, the unknown, and the elation with some champagne or mineral water.

 

Our services revolve around values and finding quiet options, deal strategies (through you or us), on either side of the buy/sell fence but never on the same fence at the same time.

 

Commissions, agents the good and the bad, deadlines, ultimatums, and if-buts-maybes, are all grist in our mill and good subjects over a coffee, mineral water, or meal.

 

We are all getting older but as you can see from the current list no less engaged – the juices may not flow as quickly, but they are as strong – and that’s good for it allows room for more wisdom with fewer mistakes.

 

I love my job and what my clients at all levels achieve, but I especially like the Top End.

 

Confidentially my number is 0408 107 988 – WhatsApp +61 408 107 988 and I read my important emails.

 

If you want to know what’s off-market, what land values really are or you have a home for one of our clients or you are simply unclear on how to put a deal/move together to your advantage, then this could be a reason to make contact and no we won’t badger you back – life is too short and besides it’s not how good buy sells happen.

It can be one call and a yes or no in 10 minutes.

 

Warm regards

 

Mal James

 

0408 107 988

Expressions of Interest - Mal and Marcus

Buying and Selling Provenance - Mal James

Provenance: We all like a good tip, even more so, when it’s free. But who is giving it?

 

 

  • Well-meaning bad advice costs millions
  • Unknown agendas are often dangerous
  • Lack of expertise doesn’t stop many from still giving.
  •  

Great advice is measurable, creates wealth, options and time. Great advice matters.

Double money at the Top End - Mal James

We met our clients in 2011 and worked together till we bought Clendon in 2013.    They are very smart and decent people. We sold for them multi-list in March 2022. So while markets change, James Buying Advice has not. Fundamental Provenance, PPP’s, Processes.

Making or losing millions - Mal James

we bought

$4m

client built

$5m

total spent

$9m

we sale managed

$14.5m

client gain

$5.5m

Maxwell House Toorak was a home that we sold on a timeframe to get the maximum crispiness factor – before any dating. The advice was given, advice was taken, and the numbers speak for themselves.

But it’s not all like this – another block of land we bought with an identical story, timeframe and $ spent on their architect and build – is at half the price – so instead of making $m, my guess is they are losing $m. It is truly a wonderful block of land.

 

We bought the block, and we heard little until we got an invite over to view the architectural new build a few years later. 

 

We were asked if $12m was possible – we said yes – we said yes because we believed it was possible. Nothing proceeded.

 

Four years later we were called in again – it had dated – it had gone past its use-by date. We said $9m and if you want $10m or more, then sell it off-market and be patient. We were quickly ushered out of the home and out of their lives.

 

The advice also included – don’t market publicly and don’t transact in a poor market. Ignored – we were seen as knowledgeable four years ago and knowing nothing now. But it wasn’t about us – it was about the building.

 

When you build to your own formula (meaning not archetypal) and you hold it past it’s use by date and the markets change, then you have a recipe that bakes a very different cake to Maxwell Hous