Forum Replies Created

Viewing 1 post (of 1 total)
  • Profile photo of PrecisPrecis
    Member
    @precis
    Join Date: 2012
    Post Count: 1

    Hi

    I went to the Melbourne seminar too.

    Is it worth it? Depends what you're looking for: essentially you've been invited to spend between $6k and $10k to buy yourself a job – a job where you get paid a small commission only, where there is no base salary, no super, no sick or leave pay, no company car, phone, computer or WorkCover. A job where you must cover ALL your own costs for many months before you finally see some return – and, first time around, it's that tiny percentage…

    I think about half the folk there signed up, so that's about 200 people spending at least $6k each: at least $1.2m income AND 200 extra pairs of eyes, hunting for deals – how many will even make their money back inside 12 months?

    Essentially, Massland is selling franchises without borders and getting unpaid spotters to supply them with likely leads. Remember, YOU only get paid once the DA's been granted and the property's been on-sold; while Massland has had a 100% success rate at getting DAs over the last 11 years, that will be a combination of them knowing exactly HOW to fill them in, and exactly WHERE to apply.

    So, you might see a few parcels of land that would seem to be just right – and Massland knocks them all back, because they know the council isn't receptive; net result for your efforts? Zero.

    Also, the major developers already have people doing exactly this: At least 5 years ago I met a guy who cheerfully admitted that his job was "Scaring little old ladies" into selling or optioning their land – and he worked for a Developer.

    Which is not to say that you SHOULDN'T try it – just that I don't believe that the area I know & live in are likely to return any "Deals".

    Needless to say, I didn't sign up, but YMMV….

Viewing 1 post (of 1 total)