Motivation Indicators Overview:
These indicators are tools that use Property Filter's data to identify properties likely to have motivated sellers. This is based on various criteria like short leases, sale prices lower than last sold prices, or properties priced below the current market average.
Yield Filter:
A standout feature is the yield filter, which calculates the gross yield of properties on the market. It considers the asking price and the average rent for that property type in the area, allowing users to focus on properties meeting their specific yield criteria.
Demonstration of Features:
You can access and use these features within the Property Filter account.
Examples of motivation indicators include properties with short leases, those priced below their last sold price, and properties with a price per square meter that is lower than the market average.
The yield filter is highlighted, showing properties with gross yields between 5% and 20%, and the ability to refine searches based on these criteria.
The presenter also demonstrates how to identify properties below the average asking price and potential purchase lease options.
Customization of Criteria:
You can adjust the criteria for motivation indicators to suit their needs, like setting specific percentages for properties below the average postcode price or adjusting the yield requirements.