{"id":3869,"date":"2015-03-27T01:00:43","date_gmt":"2015-03-26T14:00:43","guid":{"rendered":"http:\/\/realestatetalk.com.au\/?p=3869"},"modified":"2015-03-27T01:00:43","modified_gmt":"2015-03-26T14:00:43","slug":"how-writing-about-real-estate-investing-can-change-your-point-of-view","status":"publish","type":"post","link":"https:\/\/channels.realty.com.au\/realtytalk\/how-writing-about-real-estate-investing-can-change-your-point-of-view\/","title":{"rendered":"How writing about real estate investing can change your point of view"},"content":{"rendered":"

 
\nToday we talk with Kieran Clair<\/strong> from Australian Property Investor magazine, who\u00a0won an award for his real estate reporting. We\u00a0get an interesting insight into how writing articles about real estate investing can change how you see property.
\n <\/p>\n

Transcript:<\/h4>\n

Kevin<\/b>:\u00a0 A regular contributor to our show is Kieran Clair who does the news every week. Kieran, of course, is a very talented journalist who works at Australian Property Investor<\/i><\/a> magazine and writes a number of the feature articles that we sometimes include as our feature stories in Real Estate Talk.
\nI\u2019m pleased to say that Kieran took out a recent award in Queensland for having written the best article of the year 2014. He joins me. Kieran, congratulations.
\nKieran<\/b>:\u00a0 Thank you very much indeed.
\nKevin<\/b>:\u00a0 A very proud moment, I\u2019m sure, and having been your avid follower over many years, looking at your articles in API<\/i>, the series that you won the award for went into great detail about the property markets \u2013 in great depth and great research.
\nThere must be a lot of time and effort goes into writing these articles.
\nKieran<\/b>:\u00a0 Certainly. We are afforded plenty of time to make sure we get down to the tintacks, right down into the detail for those articles. One of the things I really love about working at this magazine is that we\u2019re always encouraged to get plenty of sources and try and be as balanced as possible in the articles. I think that being given those resources really helps a great deal.
\nKevin<\/b>:\u00a0 Yes, I\u2019m sure it does, and you get to talk \u2013 like me \u2013 to a lot of really interesting people. I sometimes get very motivated when I talk to someone about how they\u2019ve done a recent renovation or they bought their tenth property. I think \u201cWow!\u201d It really motivates me. Do you find the same thing?
\nKieran<\/b>:\u00a0 Absolutely. My significant other \u2013 my wife \u2013 is a property valuer, so a lot of table talk about property occurs in our house. It\u2019s pretty hard when you come away from talking to someone who is talking about syndicated investments or talking about small developments or even as you said, renovation, not to go home, sit around the table, and say \u201cHey, I\u2019ve had some really good information today, and I think we could do something.\u201d
\nI just wish there was always the time and funds to take on everything that comes into the imagination.
\nKevin<\/b>:\u00a0 Yes. I find that, too. It must have been I found that as a real estate agent, as well, going out and seeing so many great properties, there were so many that I wanted to buy, but you just simply can\u2019t do them.
\nHave you learned much out of the experience of being with API<\/i> in terms of how you research a particular market and the lessons we can learn from that as investors?
\nKieran<\/b>:\u00a0 Yes. I\u2019ve certainly learned a great deal here. My previous experience in property valuation, whilst I was a specialist in property valuation, you also specialized in geographic areas, so I would only be a specialist in 15 suburbs in Brisbane. Coming here, you get an expanse; the whole country opens up to you and there are people out there who know a lot about our markets.
\nI think that the lessons to take away from here are really to do your research and seeking good independent advice. I think that the skill is to be able to realize when someone has your best interest at heart or someone is just wanting to impart knowledge to make you a better investor; they\u2019re not looking to talk themselves up or have an agenda.
\nI think independent advice is the one thing that is going to put you in very good stead when it comes to investing in property.
\nKevin<\/b>:\u00a0 I\u2019m interested in a comment you made there about valuers and how you find a particular area, become a specialist in an area or a class of property. I thought that valuers were able to go across a broad range because they look at it fairly analytically.
\nKieran<\/b>:\u00a0 You will certainly find in the bigger firms nowadays that valuers are going to become specialists, particularly in geography. In the firm that I was in, for example, we would have had 25 valuers on staff doing residential property only, and they\u2019ve divided up the capital city here in Queensland.
\nIt\u2019s actually a very effective way to conduct that sort of work because you become intensely informed in particular sales, particular properties, and the way that the market reacts to them.
\nThat said, valuers need to have a very broad knowledge on how markets work. Most do. You have to keep up to date with your continuing professional development, etc., but certainly when you become a specialist in an area, it\u2019s pretty impressive how you can sit and talk to anyone in the industry about a particular part of the geography and know it almost down to the house color.
\nKevin<\/b>:\u00a0 Do you think your experience at API<\/i> over the last year or two has broadened your experience? If you were to go back as a valuer, would you be looking at it differently?
\nKieran<\/b>:\u00a0 Absolutely. I think that it\u2019s opened up a whole different part of the property brain for me \u2013 the ability to talk about how markets are analyzed, how people look at statistics, looking at vacancy rates, etc., but also there\u2019s this whole relativity thing that the valuer works in. If you become too centralized in your areas, you forget that there are suburbs out there with an average or median price of $1 million plus in Sydney.
\nThat\u2019s almost mind blowing for a Brisbane valuer who\u2019s working in the outer western suburbs who\u2019s putting property values of $200,000 to $400,000 dollars on most home. I think that you just get a better appreciation of how markets work and the way that people think when they\u2019re buying.
\nKevin<\/b>:\u00a0 Lovely talking to you. Congratulations on your award. More great articles coming from you, as well, and it\u2019s always good to have your input into our show every week.
\nThanks for your time, Kieran.
\nKieran<\/b>:\u00a0 Thank you for being so generous with me, as well.
\n <\/p>\n","protected":false},"excerpt":{"rendered":"

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