Podcast Episode Details

Ep 6 - Kent Lardner | Learn how to sort through property data and choose what's important

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Episode 6

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Learn how to sort through property data and choose what's important

Don't believe the hype! What property statistics can you rely on?

Kent Lardner is a “geek with a personality” and he discusses different types of property data and explains what’s important. Knowing a little bit can be dangerous, largely because of the inconsistencies & nuances of data, of which most of us know nothing. In our chat we cover:

• The trouble with median sales data
• What information you need to look at beyond sales data
• How agent bias can affect vendor price expectations
• What goes into an AVM (automated valuation model), when they are used and why automated estimates vary so much from actual sales prices in Australia
• Technological advances that might soon mean machines replace property valuers & real estate agents
• Short term and long term indicators that predict capital growth
• When and how to seek out local knowledge
• Tips for making an objective assessment of property value so you can work out what to pay
• How to use search engines to uncover more properties with potential

 

If you want to make better property decisions, this episode is a must-listen-to!

 

JLL

http://www.jll.com.au/australia/en-au

 

SEIFA scores

http://www.abs.gov.au/ausstats/abs@.nsf/Lookup/by%20Subject/2033.0.55.001~2016~Main%20Features~SOCIO-ECONOMIC%20INDEXES%20FOR%20AREAS%20(SEIFA)%202016~1

 

Zillow Zestimate

https://www.zillow.com/zestimate/

 

House Canary

https://www.housecanary.com/

 

Will robots take my job?

https://willrobotstakemyjob.com/

Free download - list of property data sources

 

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Published on 7 years, 6 months ago