Ep. 96 - Maximize Your Market: Insider Look into Australian Real Estate with John Foong

What can we learn from real estate down undah?? In this episode, we’re joined by John Foong, Chief Revenue Officer (CRO) at Domain, an Australian real estate company. John has previously worked at Google and Uber and shares his insights from his experience in different parts of the world with other companies. You’ll learn the differences and similarities between the American and Australian real estate markets. You’ll also get insight into the Domain platform and how it helps buyers, sellers, and agents. We also analyze the past 12 months of challenges from inflationary expectations stalling sales and how the market is turning around! 

Tons of insights to cover today, so dive deeper into the real estate market, see what’s happening across the globe, and how it can help you maximize your time in the market! 

[00:01 - 06:13] John Foong’s experiences at Google, Uber, and how the Domain platform works

[06:14 - 12:15] John's transition from Google intern to CRO of Domain in Australia during the real estate boom and bust

[12:16 - 18:10] Low interest rates’ effect on the Australian real estate market

[18:11 - 27:57] Australian real estate market experiences and how to maximize your time in the market

[27:58 - 34:24] How Domain can help buyers, sellers, and agents

Quotes:

"At Domain, you have three different problems: You have a buyer who wants to find a property, you have a seller who's trying to sell a property, and you have an agent who's trying to make a commission.” - John Foong

"You should buy at the time that's right for you. Don't try and time the market. Maximize your time in the market." - John Foong

You can connect with John on LinkedIn. Be sure to check out https://www.domain.com.au/ and find dream homes to buy, sell, and more. 

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Bank of England is a nationwide lender that takes the time to understand your needs and structure the right mortgage for you and your family. Find your local branch at https://www.boemortgage.com/. 

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