Property investors count the cost of second wave
Anna Porter has found a solution for her valuer and buyer agent firm to get around border closures, but it has doubled the price of doing business.
Key Points
- July revenue rose 10 per cent compared to June
- July revenue fell 70 per cent compared to July last year
After lockdown rules were eased in mid-May and sentiment improved, Anna Porter thought her business could just ride the virus waves and stay afloat without shifting strategy.
But when Melbourne's second wave hit and a tougher lockdown was imposed, she knew something drastic needed to be done.
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Residential
Fetching latest articles