Patience & Strategy with Jack Freestone
15 March 2024
Written by Acme Mag
Entering the real estate industry is never a straight experience. Oftentimes, agents move between different agencies, companies and markets. Founder of Buyers Collective, Jack Freestone, is a great example of this. He’s done it all. At 21, he purchased his first property, fast-forward to now and he’s well-experienced in the process.
Whether it’s small scale boutique developments or subdivisions, Jack is in the know. His experience has highlighted the importance of research, patience, and strategy. Jack says one of the most valuable lessons Jack’s learnt over his career is the power of strategic investment and the role of personal circumstances in shaping those choices.
“Whether it’s choosing the right moment to enter the market, selecting properties that offer the best potential for growth, or understanding the nuances of different real estate segments, these decisions can significantly impact investment outcomes,” Jack says.
“This journey has not only been about identifying and seizing opportunities but also about facing challenges head-on and learning from them.”
Buyers Collective lead with the philosophy of treating every purchase as if it was their own (with the client’s criteria and budget in mind, of course). This foundation of their process – and business – has helped tremendously over his career. For instance, one personalised aspect for Jack is the creation of a group chat with the client and other members of the team. This allows for real time property conversations with the client discussing locations, properties, you know, anything in between, any questions or, you know, concerns that they may have. This level of transparency and availability to a buyer is crucial.
“By the time we do find the right property, they feel really confident and comfortable with the purchase. It’s basically a full time service where they have access to me or my team 24 hours a day. Whenever they ask a question, we’re always available to answer or call.”
Even real estate agents in the area appreciate buyers agents as it streamlines the process. Typically they’ll even favour their offers over the everyday person.
“We’ve already qualified the buyer, we know what they’re after and we aren’t going to muck around the agent,” Jack says.
Utilising a buyers agency isn’t just for investors. Every client’s story is unique, and understanding their specific needs and goals is key to guiding them successfully through their property journey. From first-time homebuyers to seasoned investors, the diversity of experiences has enriched Jack’s understanding of the market and how to navigate it effectively.
As an example, Jack tells us of a recent purchase where he was able to connect a single mother to her property. After six months of searching, she got in contact with Buyers Collective and they were able to find her a property in four weeks that fit all her criteria.
“We were able to find the property exactly where she was looking on one of the best streets in the suburb and it was even $100,000 below her budget. We were even able to line up the settlement date to work with her rental expiry.
“Being able to take that stress away from her for the entire process was detrimental to her. We streamlined everything from finances and clauses to even getting different trades in to ensure the property was up to her standards.”
At the end of the day, it doesn’t matter what area of real estate you work in, you need to be able to strategise for the long-term, but also take in a wealth of experience to be able to adapt when needed – just like Jack.
Want to read more about who apply important lessons to their practice? Check out our article with Nitschke Real Estate’s Michael Nitschke.
