In addition to that, we'll also explore two other related concepts called FOOP and FONGO. Both of which can have serious implications in your property decisions. In this episode, we share some tips and strategies to help you avoid falling into these traps and become a successful first-time homebuyer.
It's always our goal to provide you with valuable insights that can help you navigate these fears and make sound decisions. So, if you're looking to buy a home, you won't want to miss this podcast. Tune in now to learn more about FOMO, FOOP, and FONGO and how you can shift your mindset to achieve your homeownership goals.
02:10 - Meighan's special house of the week!
02:52 - What is FOMO?
05:06 - How FOMO impacts your property decisions
11:40 - The curious case of FOMO in down markets
13:33 - How to avoid the FOMO trap as a first-time homebuyer
17:01 - Let's talk about FOOP
18:42 - Tips for shifting your mindset and conquering FOOP
24:13 - What is FONGO?
25:20 - Why you wouldn't want FONGO to impact your property decisions
Veronica Morgan & Meighan Wells
Veronica & Meighan are both licensed real estate agents who exclusively help buyers. Together they have nearly 40 years experience as property professionals.
Veronica is principal of Sydney based Good Deeds Property Buyers and is also co-host of The Elephant in the Room property podcast as well as Location Location Location Australia on Foxtel and author of Auction Ready: how to buy property at auction even though you're scared s#!tless!
Meighan is the multi award winning principal of Brisbane based Property Pursuit, chairperson of the REIQ Buyers Agent Chapter & a regular media commentator.
