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How to spot a property spruiker

How to spot a property spruiker

I’m sure you have seen them all over social media with flashy cars and beautiful woman offering to solve all your problems.

How can I build high levels of passive income ASAP, to allow me to retire tomorrow and live life on my terms?

In other words, how can I get rich quick by doing the least amount of work as possible?

The good news is that they all follow a very similar pattern and are easy to spot by following three simple guidelines.

Click Bait!

“How you can buy 7 properties in 2 years with no money down”

As the saying goes – If it sounds too good to be true it often is.

Solution before Diagnoses

Many spruikers will offer you “the property” before sitting down and working out what it is you want to achieve and what your goals are.

They will then mould your expectations to fit their solution and put the product before your needs.

Are they a Salesperson or Professional?

It should not take long to work out if you are dealing with a Salesman or a Professional.

A salesperson will have all kinds of special offers and various angles to sell you a product.

A professional is someone who clearly has a level of depth and experience that a salesperson cannot offer.

They should first be able to diagnose, before educating you and prescribing the solution to what it is that you are aiming to achieve.

A spruiker will only be interested in selling a product to you and won’t be working in your best interests.

They often take a one-size fits all approach, when clearly that is not the case.

A Professional will work on tailoring an approach to your individual and personal needs, and not have any property for sale.

To summarise

One of the easiest ways to spot a spruiker is to beware of offers or headlines that seem too good to be true.

Claims of building huge amounts of passive income in a short period with next to no effort seems to be the favoured approach.

A spruiker will also have a solution without taking the time to understand your situation and what it is you are trying to achieve.

Salesmen make assumptions and tend to bend and twist things to make the individual fit the product.

A Professional takes a different approach, they will diagnose before they prescribe and tailor a solution to fit the individual.

If you’re looking at buying your next home or investment property here’s 4 way’s we can help you:

Why not get independent advice from our buyer’s agent and qualified property investment adviser at Monopoly Wealth to help you level the playing field?

  1. Property Portfolio Plan – Allow us to build a Property Portfolio Plan for you and your family to generate passive income. Click here to learn more about how we can help you.
  2. Buyer’s Agency – We’ll help you find your next home or an investment grade property without mistakes and avoid paying too much. Click here to learn more about how we can help you.
  3. Property Research – We can conduct research and provide you with tailored advice to avoid costly mistakes. Click here to learn more about we can help you.
  4. Mortgage Broking – We can recommend you to our investment savvy mortgage brokers. Click here to learn more about how we can help you.