I donât know much more can be said than that above. Other than their website statesâŠ
We have developed strong relationships with Australiaâs leading property developers. This enables our Clientsâ to access high quality properties at all price ranges and keep them secure and on track with their investing.
The majority of these properties are provided exclusively to our Clients and are not made available to the wider public through mainstream real estate channels.
What does this mean? It appears they work with property developers to sell their propertiesâŠand such properties arenât marketed in the usual way. This means one doesnât know if the information provided through the education is on sound basis or what they wish to tell their clients to force/hard sell the properties. This raises alarm bells as the education may not be independent Just based solely on this, I would be very reluctant to use their services.
Do you have a relationship with them as it appears you have or know about how they operate?
There are many other ways to get advice which is independent and has a solid basis. This ranges from using an independent financial adviser experienced in the property sector to independent propery agents (which have no ties to developers or like a real estate agent, have properties for sale)âŠ
There are many reports of individuals relying on âexpertsâ which have a conflict of interest in the investments they offer, finding out at a future time that the âadviceâ was not in their interest but the interest of those selling the advice. This website provides some things to look out for. The key wording isâŠ
Knowledge is power and education is a great thing, especially if youâre thinking about investing a considerable amount of money in property. Unfortunately, not all property seminars are on the same level. In fact, some of them are downright scams run by professional property spruikers.
No there isnât any information indicating they are a scam, but information on their website gives enough to know that there will be risks of using such âeducationâ services and it is possible these risks will be not be fully outlined to their clients, based on each individualâs circumstances. There is also a risk that the information will not be independent and in the interests of their clients since they have relationship with developers to sell properties offmarket from the development industry.
If one chooses to go to one of their education session, it possibly should not be treated as independent advice. One should seek out their own independent advice external of Positive Real Estate to see if the risks and investment option is right for their financial future. It does raise the question if independent advice is still needed, is the education provided also necessary.