BA in Brisbane - Paul Flynn

Hi everyone,

Just wondering has anyone use Paul Flynn as a BA in Brisbane? I am considering to use him for my first IP but couldn't find much feedback about him and his service. Would love to hear from someone who has used him before, thank you in advance!

 

Hmm never heard of him and he's not a REBAA member Location: QLD | Real Estate Buyers Agents Association of Australia (REBAA) Inc
Also I'm not sure about his claim on his website that he's "Queensland's oldest and most experienced" buyers agent....

When I was researching this business back in 2001 to set up my own business the oldest and most experienced BA at that time was Scott McGeever from Property Searchers (now PS Property Advisory) who's been operating since 1999. If there was a Paul Flynn buyers agency back then I certainly don't recall it.....

 

Maybe he is talking about age and not experience

 

Well don't leave us all hanging.....

 

Thanks for your reply @Jacque, that is a good point, good idea checking the membership. However I did talk to a few BAs, some left a good impression but didn't seem to be on the website either. I guess it is not a mandatory process?

 

Thank you @Rolf Latham , that's very helpful! Now I am also curious as to how he secures his stocks haha!

 

"Santosh Nune
Santosh was born into one of the top ten business families in India, with the proverbial silver spoon in his mouth"

Hmm a simple google search and nothing comes up on the Nune family in India. Not sure if was in the top 10 business families in India claim is true.

 

Hi Kone no it's not however it adds an extra layer of protection given membership criteria. I would be curious to know how long his buyers agency has been around for, however, as I genuinely didn't find him back in 2001 and I did quite detailed research into buyers agencies at the time.

 

I have personally used Paul Flynn's BA services on more than one occasion. I've been using them for about 2-3 years now. They have found some cracker deals that I've been very happy with.

One amazing skill they have is their negotiation skills. I would hate for them to be buying my house if I was selling, but would happily have them as my BA. Don't take my word for it, just read this one star google review from a pee'd off vendor.

Google Maps

"If there was a no star option i would have reviewed this business just that- zero, zilch. I have never encounted such appalling service whilst helping my mother inlaw sell her home. The constant extentions to make a quick dollar on their behalf was atrocious, taking 3 months to the day of settlement. Continuously asking for reductions in the price even after reducing the price by $15k they had the audacity to ask for ridiculous amounts of money for cleaning & the alike. The property was owner occupied not a rental property. We were just lucky to have had an amazing agent working on our behalf to help us through this terrible ordeal. I am glad to say my mother inlaw's dealings with them are now over."


Why wouldn't you want a hard negotiator on your team to drive the price down for you?

 

I’ve heard of Paul Flynn before - maybe search Somersoft Forum

 

They source and buy the deals that are great for themselves..
The real firesale bargain stuff.
They both will tell you about the size of their portfolios..

Everything else they flick on to their clients.
This is the crux of it.

 

Definitely worth reading through for a more complete picture....

 

They do have a unique model. A lot of what they source is distressed vendor sales where they do a low or no selling fee and market to the general public and their clients. Think about to be repossessed properties and the like.

Purchaser pays BA fee (I have seen ads on re.com.au were they state purchaser to pay BA fee when sold outside of active clients), vendor gets house sold quickly and has CoS to stop lender taking possession.

It could be seen as taking advantage of people in a vulnerable position, but it depends on your personal views of driving a hard bargain

 

Thank you everyone for your feedback and resource. Definitely very helpful in helping me making the decision.

 

Yes
First and last time I would ever use Paul Flynn, he underquoted the project cost for starters

Deals that he presented were not good



MTR

 

So an agent lists a property for sale on rea.com.au and states the buyer must pay a BA fee to an independant BA? Which state have you seen this advertised?

 

Hasn't this been stopped in QLD at least? Buyer XYZ or nominee? Or is the buyer paying an extra fee to change the name on the contract after the contracts have been exchanged if agreed to by the seller?