Great Ocean Report – September 2018

At present there is a lot of conjecture about the state of the Australian property market and as usual, in our Great Ocean Report we will do our best to break down what is really happening.

As we have mentioned previously in our Great Ocean Report, there are hundreds of small property markets in Australia but the two largest, Sydney and Melbourne, generally set the sentiment for the rest. Together … Read the full post »

Confusing

“If it’s not ready to be clear, it’s ok to leave it confusing.”

I was told this by a close friend many years ago and I can tell you that it has proved to be one of the most liberating moments in my life. The comfort it has provided has been significant.

I am not sure whether it’s a human, personal or male trait but the tendency to want to fix … Read the full post »

Communication

We are now living in a world of high communication, where the amount of information we generate and receive each day is at unprecedented levels. It is estimated that this is 5 times greater now than it was pre-Internet.
Given this phenomenon has occurred in such a short period, for many of us who remember not having the Internet, we have struggled to cope with this information overload. There is … Read the full post »

Great Ocean Report July 2018

The 2017/18 financial year saw a very active coastal market once again and it is interesting to see the contrast in price and volume of house sales in each town in our service area from the previous financial year.

So let’s look at the performance of each of the towns during this period. As a reference, these sales are house sales, that is, a free standing dwelling on its own … Read the full post »

Intuition

Although from the outside it looks like working in real estate is a property business, it’s actually not, it’s a people business. It’s a business servicing people who are in the process of buying or selling property. Each transaction can vary in the number of people involved. It can be quite a significant number when you take into account the buyers and sellers (and their families), but also the other … Read the full post »

Focus

We have a company culture of continuous learning and this week we were very fortunate to have Emma Murray, the Richmond Football Club Mindfulness Coach, come and talk to our whole team. It was an amazing session and there is no wonder why that club is enjoying so much recent success.

Emma is regarded as their secret weapon and we all saw why. She has been instrumental in taking Dusty … Read the full post »

Disruption

Disruption is a word that we see commonly in business these days and is usually used when an industry gets disrupted by a new technology. Think of Uber for the taxi industry and AirBNB for the motel industry.

But we see it in low levels all around us. All you have to do is go to the supermarket or Bunnings and see the automatic check outs. Or go to the … Read the full post »

Learned optimism

Working in such a people intensive business like real estate sales, you must be a life long student of the human condition to enjoy consistent success in thisindustry. I have just finished a fascinating book called “Learned Optimism” by American psychology professor Martin Seligman. It was first published in1991 and continues to be reprinted and is regarded as a seminal book in this field.
There were three … Read the full post »

Face Value

We live in a world of constant distraction with our senses being bombarded with information most of our waking hours. As our smart phones have grown in capability so has the level of access by others to our available attention. So not only do we have to contend with our physical interactions with others on a daily basis, we also need to allow for constant electronic interactions such as texts, … Read the full post »

Contact Agent

The first thing I say to anyone who comes to work with Great Ocean Properties is that when you are dealing with our clients, prospective clients or buyers that we interact with, is I don’t want any “smoke and mirrors”. Just see if you can assist them with your skills to help them achieve their goals. By “smoke and mirrors” I mean practices that could be seen as … Read the full post »

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