Stockpickers & Agentpickers

ChatGPT 4.0: Question: We are in a down market for Melbourne’s Top End family homes. What would Warren Buffett and Peter Lynch do applying their stock market strategies, and whilst there, what would Mal James of James Buy Sell and marketnews.com.au do?

Yes, But How Did They Sell

Spring results show the market is still falling! Price is the absolute brand on the home. It used to be Heritage, then twas reno’s, now its price that scares

Three “Warren Buffett” Investments for 2024-2032?

In a market like Melbourne’s Top End, opportunities abound for those who understand value. Whether you’re buying for investment or for your family, the key is recognising intrinsic value, focusing on quality, and avoiding unnecessary risk.

Early Spring

Today’s Bidderman looked statistically stronger, rising from 1.4 in May to 1.7 now.

Pass In City

From Brighton to Canterbury to Malvern East we covered 7 auctions totalling $35 million for 7 pass-ins with 4 bidders in total. 3 have since sold after.

$4m to $65m Buy Sell

At first glance, capital growth appears to be 8% compounded per annum. However, …………..

Game theory buys 29 Mason

This is where Game Theory comes into play. Linked to the work of 18 Nobel Prize winners, Game Theory is ………..

3 Amigos carve out 432 Bids

An amazing 432 bids at Anderson Road, Hawthorn East—432, yes 432.

That’s because ……..

What is price? What is value?

Death by a thousand cuts is not the way to manage a successful sales campaign in this market. ……….

There is no i in team

Hi Mal and Gina,

That went well!  As you may imagine, we were a little anxious before we arrived.  In the event, the property has exceeded our expectations in every way – there are no downsides.  The scale of the rooms are all significantly larger than expected, and the flow through the property is lovely.  We are fortunate to be the new owners.

We are very happy to write some words for you and we are looking forward to our BBQ together.

Very best wishes
J&H

Expat O’Seas Bought Unseen circa $9m

Yes, we are active right now, and yes, we are buying more homes than we are selling!

Why? The market is why! It’s ripe for trading up, with plenty of stock, often little competition, and you can still sell your smaller home at a solid number. Why?

Because the market is working at the bottom and a bit fluffy further up the food chain.

3Rs – Roots, Regeneration & Resilience

Today, as we close … (2024 M2 May), the Top End market is…

Trading Up? Its as good as it gets!

Factually, if you are trading up, then the current market is the best I have seen since pre-Covid. Price you home correctly as it’s selling and then make your money on good buying. If you are buying or selling, then we can currently show you a range of opportunities as there is plenty of stock (as a general rule, both off-market and on-market).

May M2 Market starts with more volcanoes than ducks

Since the market turned Cup Day 2021 it has been rare that you had had more volcanoes than ducks ……. But we did today, as ducks were very low at 4 from 29 auctions.

Real Men Can Change

Real men win and winning as a real man can be losing – read that both ways if you like.

I am not an expert in these matters, I wrote this in support of the issue. There are books on Letting Go and Anger.

Real men still fight other men in a sport or business or a war, they just don’t fight in a family.

Keeping your mind pays

Is it just me, or is it getting colder much quicker? I’m not talking about the market—rather, the water. These days, I find it tougher to hop on my bike at 5:30 AM, hit Elwood’s outdoor gym, and then dive into the water. It’s far easier to say, ‘Hey Rich, forget this, let’s head straight to House of Bread in Martin St, Brighton.’ There, we chat about footy tipping (how hard hey – I’m coming last of 50), life’s challenges, and pretend we’ve exercised over a piccolo and a biscuit.

Its mostly in your mind

“Mal, what’s wrong with me? What’s wrong with my agent?

What’s wrong with my property as a seller?

Why am I always missing out as a buyer?

Nuances @ $5m & $11m

Buy Sell works. Late last year, our clients approached us, expressing their desire to discontinue a renovation project. Despite their home being halfway demolished since purchase two years prior, we managed to sell it for more than we initially paid, when we bought it for them. Simultaneously, we facilitated the purchase of a move-in ready property with potential for improvement or the option to retain its current state, all while putting money back into their pockets.

Volcano on Mary @ $18m

At the Top End we continue to feel positive about where the market could be going, after the conclusion of our 3rd and final week of the 100 Auction Test (2024M1 – Opening).

Overall, the market eased upwards during February buts really its line ball – on the edge – results are patchy and volatile, and the market is still punishing mistakes.

The good news is the Bidderman freefall of 2023M4 – Pre Xmas has been arrested.

All the stats and today’s action below, including a last one standing s…fight at Mary Street, Grace Park on Monday, which went past $14m, $16m and $18m on the fly.

Wounded Underbidders Aplenty

Bidderman says Boroondara returning to cauldron – wounded underbidders aplenty. And at the Top End the market is strengthening both at auction and in the shadows away from the public.