Are property spruikers exploiting first home buyers' dreams? In a market saturated with alluring promises, some argue that property spruikers are taking advantage of the aspirations of first home buyers. Is it ethical to dangle the prospect of homeownership without providing a comprehensive understanding of the risks involved?
 

You've probably scrolled through your social media feeds and undoubtedly come across those enticing ads promising homeownership for the price of a weekly cup of coffee. The allure of massive growth areas and promises of making thousands a week can be captivating, but it's crucial to navigate this landscape with caution. As a first home buyer, you're entering a significant financial commitment, and separating the genuine opportunities from the dubious ones is paramount.

In this episode, we're your guides in understanding the world of property spruikers. We'll equip you with the tools to distinguish the legitimate property advisors from those who are just out to make a quick buck. Through insightful discussions and real-life examples, we'll uncover the red flags to look out for. From aggressive sales tactics to unrealistic guarantees, we'll empower you to spot these warning signs a mile away.

Take control of your home buying journey, don't fall for the traps – arm yourself with information and make a step towards securing your future home wisely. Stay tuned!

Episode Highlights:
00:00 - Introduction
02:13 - Meighan's special house of the week
03:37 - What is a property spruiker?
06:00 - How property spruikers lie about statistics
11:43 - Common warning signs that could indicate you're dealing with a property spruiker
17:18 - Meighan and Veronica recount their experiences in dealing with property spruikers
29:38 - How can you protect yourself from property spruikers?
34:11 - Are there legal measures in place to protect investors from property spruikers?
Resources:
 
➼ FREE TRAINING: How to make an educated decision so you buy your first home with the right amount of debt https://homebuyeracademy.com.au/webinar 
 

➼ Learn how to buy property without making a mistake with our 10-step online course for first time home buyers https://homebuyeracademy.com.au/YFHBG

➼ Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au

➼ Work with Veronica: https://www.veronicamorgan.com.au

➼ Looking for a Brisbane Buyers Agent? https://www.propertypursuit.com.au/
 
➼ If you have any questions or would like to be featured on our show, contact us at: [email protected]
If you enjoyed today's podcast, don't forget to subscribe, rate, and share the show! There's more to come, so we hope to have you along with us on this journey!
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  Co-Founders

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.

We are here to guide you through your home buying journey

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