Dragan Dimovski is a buyer’s agent, investor and the founder of Buyers Agency Australia, where he works with clients to service their specific property needs. He specialises in exclusive homes and off-market investment properties, focusing on the NSW and Queensland markets. Dragan transitioned into the property industry after initially studying electrical engineering and then running his own photography business for 13 years.
In this episode of Property Insights with Mark Bouris, he shares his tips on how to work with a buyer’s agent, how to find off-market properties, and whether houses are the best investment right now.
Key Takeaways:
- “Vendors come to us”: Dragan deals with vendors and vendor agents, and is seeing an increasing number of investors seeking buyer’s agents.
- Dragan develops a strategy for each client based on their goals and works backward to determine the most effective path. Buyer’s Agency Australia also deals with vendors who prefer a quick sale instead of waiting for market offers.
- He highlights the importance of actively cultivating long term relationships with agents and vendors. He receives contacts from agents before properties are listed which allows him to carry out early negotiations and achieve favourable outcomes for clients.
- Dragan is focused on areas with affordability, high population growth and job opportunities, such as Brisbane, Queensland.
- While there is limited stock on the market Dragan doesn’t see the property market being damped. “It’s still going”: Dragan notes more buyers are coming in, particularly searching for rental investments. He highlights the buyer’s potential in the 400-600K regional or Queensland properties that provide a positive or neutral return on investment.
- “I see probably another 2 or 3 rate rises”. Why? Dragan sees more and more people purchasing with no increase in distress selling.
