Spotting Property Spruikers Before They Spot You

Published: Sept. 5, 2023, 7 p.m.

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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?

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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.

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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.

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Take control of your home buying journey, don\'t fall for the traps \\u2013 arm yourself with information and make a step towards securing your future home wisely. Stay tuned!

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Episode Highlights:

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00:00 - Introduction

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02:13 - Meighan\\u2019s special house of the week

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03:37 - What is a property spruiker?

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06:00 - How property spruikers lie about statistics

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11:43 - Common warning signs that could indicate you\\u2019re dealing with a property spruiker

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17:18 - Meighan and Veronica recount their experiences in dealing with property spruikers

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29:38 - How can you protect yourself from property spruikers?

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34:11 - Are there legal measures in place to protect investors from property spruikers?

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Resources:

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If you enjoyed today\\u2019s podcast, don\\u2019t forget to subscribe, rate, and share the show! There\\u2019s more to come, so we hope to have you along with us on this journey!

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