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Metropole as a buyers agent???

richief's picture

Submitted by richief on May 5, 2008 - 10:20pm.

Joined: 20/12/2006

Hi forum members.

I'm asking for any insights into using Metropole as a buyers agent?  I am considering using them to find and purchase my next investment property as was wondering if anyone has any experience using this company or the like???

Thanks



michaelparis's picture

May 7, 2008 - 4:22pm

Joined: 11/06/2005

Hi richief,

I have not personally used them, however have heard Michael Yardney speak on many occasions, read his book, spoken to him and various of his staff at expos and receive his e-newsletter. If you are looking for a buyer's advocate, I think you would be hard pressed to find better for the Melb market. I also believe they cover Brisbane and/or S/E Qld also.

Michael Yardney knows his stuff and walks his talk. If you don't subscribe to the newsletter you should and also navigate his site......plenty of info and resources there also.

Cheers,

Michael.
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Whatever you can do, or dream you can, begin it now. Boldness has genius, power and, magic in it.
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richief's picture

May 7, 2008 - 4:29pm

Joined: 20/12/2006

Hi Michael

Thanks for you comments.  I also have heard Michael speak and have read his books (not yet to speak directly to him though), and was impressed with what I see.

I beleive he knows the Melbourne market there and has his main office there as well as in SE Qld, but I'm looking to purchase in Sydney, I know he also has offices here.  I'm not sure if he uses his own staff here or if he has other agents he sort of contracts out to?

Any comments on his Sydney operation would be greatly appreciated.

Regards

Richard


michaelparis's picture

May 7, 2008 - 5:10pm

Joined: 11/06/2005

Hey Richard,

not sure about that arm of his operation, whether he contracts out or it's his show. Ring Metropole and find out.

Also Patrick Bright is big on the Sydney front.

Try:

http://epspropertysearch.com.au/home/default.asp?MenuID=3

Cheers,

Michael.
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Whatever you can do, or dream you can, begin it now. Boldness has genius, power and, magic in it.
--------------------------------------------------------------------------------------------------------------------------


May 7, 2008 - 9:11pm

Joined: 07/03/2008

I understand that the Metropole person in sydney works directly with or for Michael yardney. I do not believe it is just a contract agent. While I have also benfited from MY's books, newsletter and seminars but in my mind, it does not necessarily mean that his company's buyer agent service would be the most suitable for one's buying needs at a particular time. 
What I mean is it depends where you intend to buy in sydney, what kind of property and what your strategy is. Metropole specializes in historically high growth properties in a defined area from the cbd. So if you were looking to buy more of a cash-flow oriented property in the outer western suburbs of sydney, I doubt if Metropole buying service would suit your needs in that case. But on the other hand, if you were looking to buy an IP within their area f speciality, they would be quite sutiable.  
My point is while Metropole's educational services is of excellent value does not necessarily mean that their buyers agent service is best suited for me at a given point. It's two different services completely.   
Good luck.
JNM


MichaelYardney's picture

May 9, 2008 - 1:12pm

Joined: 01/01/2002

Thanks everyone for the kind words.

If you allow me, I will clarify the position.

Metropole is a national organization with offices in Melbourne, Sydney and Brisbane. No we don't use contractors in various states - you are dealing with the one firm of Property Investment Strategists nationally.

While I founded the company and am still actively involved, Metropole is much, much more than Michel Yardney. I have business partners, shareholders and directors involved in running each of the State offices to ensure that clients get the best attention.

The director of our Sydney office is Pino Tedesco who has been a valuer - so he understands Sydney property values well.  He is supported by 2 experienced agents

Currently I visit Sydney regularly and work closely with the Sydney team. And yes we only have a particular type of property we purchase for our clients.

We specialize in high growth properties with a “twist” -  with something special about them – something  others may not see or appreciate such as upside or renovation potential so you can “manufacture” capital growth.

Michael Yardney
METROPOLE - Property Investment Strategists
Publisher of Australia's leading property e-magazine.
Join over 35,000 readers.
FREE subscription www.PropertyUpdate.com.au


richief's picture

May 10, 2008 - 9:49am

Joined: 20/12/2006

Thanks for the information Michael.  I will be giving your Sydney office a call soon to arrange a meeting.

Regards

Richard Farmilo


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