CREATING SUCCESS IN DOWNTURN

Written on the 18 May 2015 by Karen Rickert

CREATING SUCCESS IN DOWNTURN

THERE is no better sign of self-assurance than starting a business during the Global Financial Crisis.

Tony Coughran and wife Eva established VFM Property Advisors in 2010 while the valuation market was in deep downturn.

Coughran says he wasn't daunted by the process as he had a good support network in place.

"The reality for me was either be stuck working for someone else forever, or use the quiet time to get VFM off the ground," Coughran says

"I was confident that there was value in the service I was offering and, if I could make it in the hard times, there was every chance our business would flourish in the good times."

The boutique agency acts as a buyer agent helping clients find, negotiate and secure property that is value for money or VFM.

VFM also offers vendor advocacy services, with Coughran managing the sale of a property from start to finish with no additional costs.

Coughran is forecasting 25 per cent growth this financial year and, in between work and family life, he plans to write a book sharing his property success strategies.


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