Its free membership option has a take up rate of ca 100 000. Free search engines alternatives to Investar include Mitula and Trovit and Google has pulled out of the real estate search engine market altogether.
Company Profile March 31, 2014:
Paying Members 2 500
Data Base 95 000
ASX Listing Not yet
Franchise offer Abandoned
Owner David Hows (?)
CEO Former REA Group Head (ASX, realestate.com.au) Simon Baker
Partnerships Former Volane Group CEO David Penman
Special offers Coupons No, Discounts Yes
In the Media The Australian (March 31, 2014)
Membership fees $29 trial + monthly renewal at $249 !
Thousands of Australians go to free free wealth seminars every year, listening to Dymphna Boholt, Mark Rolton, Rick Otton and many other property training seminar presenters. The free content offered there has great value and I highly recommend attendance to learn all your can learn for free. Please be aware that at these free courses many will become enticed to take up a rather expensive training package. And thereafter they will need to spend additional money on tools anyways. Among all the seminars I saw I found Dymphna Boholt' s Seminar the most suitable and valuable one for the widest group of of investors. I propose that Real Estate Investars comprehensive tool kit and training program however is for many investors the best and most affordable entry point to self education as it comes with a tool set that opens up buying opportunities at the same time and it comes with a contract free option. Hence there is no need for spending $5000 up front on a guru program until you are really sure that based on experience you will gain additional benefits from it.
Monthly access fees to Real Estate Investars paid membership program range from $179 monthly on a 1 year contract to $249 per month on a pay as you use monthly renewal scheme. Long term contracts (1 to 2 years) require up front payments of $2k to S3k and thereafter membership fees reduce to $149 / $99 respectively. The tool set is available for the Australian and New Zealand markets. Investar seeks to expand into additional international markets.
The Real Estate Investar Group provides residential investment property information, data services and investment tools. This includes online search, analysis and property tracking. The group has also set up a private database that contains more than $9 billion of residential property analysis and in-depth portfolio information. The raising, for 20 million shares at 30c per share ($6 Mio), would value the business at $30m if fully subscribed. Its growth profile was compared with Asia-based online property advertising service iProperty (ASX). The group has poured funds into product and market development for several years and last financial year revenues hit $3.8m. Compound annual revenue growth of 54 per cent since the 2007 financial year, including a 47 per cent revenue jump last financial year.
Long term Real Estate Investar Discount Offers are currently available. Furthermore a $29 trial offer is currently valid as well (normally $49). We don't have Coupon Codes and the offer below has expired, but with the above independent affiliate link you can get between 30% to 50% discount on membership fees. Any changes will be solely at the discretion of Real Estate Investar. Status 25 August 2014 !
Should I go to Property Wealth Seminars or self educate and buy better tools ?
My blog targeted the Australian Seminar circuit got very popular, but as names where mentioned and people spoke their mind I was served with a defamation warning. This made me wonder whether there are better alternatives to get started and I belief Investar scores.
For a while I thought moderation was the answer, but then I decided to pull the topic all together and lost half of my site visits. Before that I have offered to give positives and negatives equal space, but that was declined. The best thread had over 200 comments before I had to pull it. I have learned the hard way that freedom of information is an idealistic notion and stating the facts with a moderate tone is still defamation. While the truth will make you free it will make others mad.
Hence I have chosen to steer away from examining the reputation of seminar gurus and their $5000+ home study products and sale techniques. Instead I have picked a product that does also get sold on real estate seminars for thousands of dollars, but it does not need all that hype and it has a monthly option that makes it rather affordable.
As you can see from this experience I do in general favor the diy approach over signing up for expensive seminars that may over promise and under deliver for the masses. There are exceptions of course as shown in success testimonies and probably 80% of the products value is in motivation rather than knowledge, which is available much cheaper. Hence all expense decisions should be made by keeping the emotional and rational aspects of decision making in balance.
Real Estate Investar is the most advanced search tool and investors resource available in Australia and your initial investment is typically about $1000 ! Our aim is to provide a broad spectrum of information which is often not so easy to uncover.
By opening up comments without moderation as I used to I am confident that this product is worth talking about and not only will may blog stay out of trouble, but I will also find buyers that thank me for having made the purchase rather than having been warned.