Property Development News Archive

Tip 22 – Consider an Option

Sometimes there will be pre-conditions to your purchase. For example, you might need to get your structure in place or obtain a ‘speculative’ development approval. 

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Tip 19 – Settlement

Understand the process – discuss the settlement process with your lawyer and make sure you understand it. That way you will have realistic expectations and

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Tip 18 – Construction

Who’s your project manager? – Have you engaged an engineer or a professional project manager to oversee for you? If you’ve got building experience are

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Tip 17 – Sales

Appoint your agent properly – your agent needs to be appointed in writing using the right form. Most agents will present one to you and

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Tip 16 – Marketing

A picture speaks a thousand words, a YouTube video invites a million clicks – professionally prepared drawings are the minimum expectation that your buyers will

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Tip 11 – Site Investigation

Checklists are great – if you’re an experienced property developer you will probably have a range of checklists. If you’re an inexperienced developer your lawyer

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Tip 9 – Settlement

Can I please extend? – You’ll be asked for extensions even before you give notice to settle! What is your policy going to be? Try

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Tip 8 – Construction

Know your builder – whether you have an existing relationship with a builder or you’re just starting out, you need to know your builder better

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Tip 7 – Sales

One agent or many? – This will depend on your product, but it’s a question you should always ask. One agent is easier to control

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Tip 6 – Marketing

Chaos vs. control – get Smart and get a marketing plan, follow the plan and be consistent. If you tell your agents what to say

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Tip 1 – Site Investigation

Use the free tools – Queensland globe https://www.business.qld.gov.au/business/support-tools-grants/services/mapping-data-imagery/queensland-globe is an excellent source of information that you can use to check out potential development sites.

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