00:00:00: I just love you guys, I know.

00:00:01: It's really like therapy and we're

00:00:04: a

00:00:05: family!

00:00:06: Just feels real good And the people that were attracting have had as well.

00:00:11: That makes me happy.

00:00:12: The community where building is proud of it.

00:00:15: We all need to be proud

00:00:31: Either folks and welcome or welcome back to Nippon Trading International's Japan Real Estate Podcast.

00:00:37: I'm your host, Ziv Nakajima again And this podcast is brought you among others by Emil Gorgies of realestate.jp.

00:00:44: He's a Tokyo real estate agent who specializes in serving international or mixed nationality families Who are looking for the perfect family home.

00:00:52: So Emile is an Australian, he's been living here in Japan for over two decades now and about half of that time has been buying selling and managing real estate properties.

00:01:01: In Tokyo on behalf his own family and the great many happy clients And also acts as a mortgage broker.

00:01:07: so he got dedicated loan officers.

00:01:12: And if you're a regular listener of the podcast, You probably already know him from our JREP The Japan Real Estate Experts Panel Sessions.

00:01:19: Which means that your allready awareofthe fact That the man is an absolute fountain Of wisdom on All things related to real estate in japan and In particular To family homes ,The greater Tokyo metropolitan area & mortgages.

00:01:33: Most importantly he's incredibly generous with his time and advice which Is more than happyto provide at no cost or commitment to anyone asking.

00:01:41: So If u've been thinking about buying your home in Tokyo but you've been sitting on the fence for a while or Alright, so for today's episode the J-Rep team got together or rather most of us.

00:02:01: Blanka wasn't available unfortunately to review and discuss last month Japan real estate summit which we thought was a phenomenal success.

00:02:09: And spoiler alert based on your feedback.

00:02:11: So did you?

00:02:18: took on some of your excellent advice and had a bit of a brainstorming session on how we might improve things in our next event,

00:02:24: which by the

00:02:25: way is already scheduled for the seventeenth and eighteenth of October.

00:02:28: In Tokyo and online as always.

00:02:30: so you can start making your travel arrangements if you're coming from out-of-town And So We reviewed your comments about the event The various speakers sponsors and presentations that you all watched at this summit.

00:02:40: And if you haven't been to the summit and you haven' t watched those yet, You can find them all on our downloads page at nippontradings.com Or in YouTube channel at youtube.com.

00:02:50: forward slash Japan real estate

00:02:52: Which really

00:02:52: should subscribe too.

00:02:53: If you havent yet We'll link it into this episode.

00:02:55: show notes of course!

00:02:56: And we also discussed pricing Ticketing event format moving forwards.

00:03:00: So...If u've been to any of the Japan Real Estate summits Either last one back in April or previous six sessions that we have had over the past few years This would be a real treat for you.

00:03:10: And if you haven't attended one, highly recommend to check out the presentations highlights reel and photo gallery.

00:03:15: Right after your watch or listen to this I'm sure it'll whet your appetite and hopefully we will see at the next one Or on of upcoming sessions in near future.

00:03:23: Enjoy this debriefing session and i'l se u again On The Other Side.

00:03:27: Okay

00:03:28: Back In The House After A Long Long Long Time With Matt

00:03:31: Here We Are Together At Last

00:03:36: In

00:03:36: the

00:03:37: same room.

00:03:38: Yeah, he's here in Fukuoka to record a. we're gonna have a podcast episode recording about A property that is helping market for us which Is right up his alley.

00:03:48: yeah

00:03:48: very much so Let's get into it.

00:03:52: So this our first real meeting post summits?

00:03:56: We had a briefing session but That was about it.

00:04:00: Okay great let's Get Into The Post Survey Results.

00:04:03: Yes Can you maximize that Tracy though?

00:04:06: It's a bit small.

00:04:06: Uh, hang on.

00:04:09: okay get

00:04:10: bigger eyes.

00:04:11: I know how

00:04:12: do i make this just

00:04:15: bigger.

00:04:15: my screen resolution keeps going up every year.

00:04:19: command shift plus command shift Plus again and again.

00:04:25: yes

00:04:27: there

00:04:27: we go Yeah.

00:04:35: So let me just do

00:04:37: this...

00:04:39: Copy is drawing!

00:04:40: Okay, so we had only twenty-two responses from what?

00:04:44: A hundred and twenty or so people.

00:04:50: People

00:04:52: don't

00:04:52: want the freebies, I guess.

00:04:52: Oh well this is a post-survey.

00:04:55: we have more people who signed up for...I mean i know everyone hates surveys but these data are really useful to make sure that they're giving their money's worth and got what it came from.

00:05:09: So

00:05:11: there's twenty two people mostly in person.

00:05:19: we people came both days.

00:05:21: So that's actually good, so that's a really good data point.

00:05:27: everyone four to five stars.

00:05:28: happy days

00:05:31: thank you.

00:05:32: yeah nice very good.

00:05:33: um okay this is i'm gonna.

00:05:36: so

00:05:37: command minus right.

00:05:38: so

00:05:45: hey well that's an AI summary?

00:05:47: That's cool

00:05:49: yes!

00:05:50: This.

00:05:50: So, yes.

00:05:55: Why don't you read that?

00:05:57: Because we are on the

00:05:59: power as well.

00:06:00: so informative content and learning attendees highly valued contents specifically citing a very informative discussions an QA sessions case studies from previous transactions in the experience lectures.

00:06:11: The summit help fill knowledge gaps for new investors offered Frank information what to do when how deals failed.

00:06:19: Networking and connections, a major highlight was the networking including The Breakout sessions.

00:06:24: And the drink event on the second night which allowed attendees to meet speakers exchange information and make personal connections.

00:06:32: Speaker quality in Authenticities!

00:06:34: The speakers were praised for their knowledge real and respectful vibe noted For having integrity authenticity and respect for each other.

00:06:42: a specific appreciation to Ben Tanaka's presentation on taxes, Shiki On Ski Resorts, Ziv and Emile's first session.

00:06:52: Practical topics, favorite-specific topics included taxes and loans investing investment property discussions seeing new tools to find real estate And the STR short term rental talk.

00:07:05: So this is good that people are looking for their new tool.

00:07:08: so That was using bringing in the new tools

00:07:12: And Charles, yeah.

00:07:13: Charles is now in Spoka by the way.

00:07:15: he's a guest at our Tuesday business networking events here in town and everybody loves him.

00:07:21: Food and refreshments?

00:07:22: The luncheon overall food quality was described as superb.

00:07:25: so that's positive because we've had mixed reports on past food and beverage...

00:07:33: Well that's twenty-two people who took time to fill out the survey right?

00:07:37: Correct yes!

00:07:39: I also think if unhappy people are usually louder than happy ones.

00:07:45: So I think if there were sort of real criticisms, then they kind come through rather than the praise.

00:07:55: so that's positive again.

00:07:58: these are all to the summaries.

00:07:59: yeah i do want to look at very specific responses.

00:08:03: later can you just go.

00:08:06: what was a question for?

00:08:07: What

00:08:10: was your favorite

00:08:12: part?

00:08:22: Which sessions and speakers stood out to you the most, why?

00:08:26: The most frequently mentioned speaker is Ben Tanaka.

00:08:30: He's

00:08:36: amazing!

00:08:39: I told him when i met, because...I do a bit of work with him.

00:08:42: Well..i pay him to help me and When i first had my first coaching session With him , i wept with gratitude for being just For his knowledge and his generosity And i'm gonna you know

00:08:54: Wish it wasn't an accountant.

00:08:56: Ah yeah.

00:08:57: But Ben Tanaka was the most highlighted speaker often cited for resonating with attendees current objectives and personal interests for having gems To share

00:09:08: About ben.

00:09:09: I went to the podcast recording in The Breakout Room afterwards when it was empty.

00:09:15: There's been nothing scheduled there and Ben sat there, And the room is full!

00:09:20: People just around chairs listening to his story.

00:09:27: He's a solid human being yes So key individuals and firms noted.

00:09:35: other speakers who stood out were Matt Ketchum for Interesting Insights and Stories.

00:09:41: Nakajima-san who provided Agent Learning.

00:09:43: Isn't that me again?

00:09:45: Yeah,

00:09:48: Ziv Mat and Nakajime-san!

00:09:52: Me for Minpaku and Chai Kanda for Short Term Rental and STR learnings.

00:09:58: Chai is always a brilliant speaker.

00:10:02: Topics of High Interest The specific financial investment topics were particularly popular, including yen loans from Mark Drabakin.

00:10:12: It's so nice to be able to actually feature loans now this.

00:10:15: it was a few decades into making that one.

00:10:18: yeah we are also about him.

00:10:21: So uh We're working on an deal right now with them for doing our first Deal.

00:10:27: Yeah

00:10:28: With uh would mark yes?

00:10:29: Oh That's going through.

00:10:31: they are fast.

00:10:33: They turned around like they said, they move fast.

00:10:35: Well, they moved fast Like as in.

00:10:38: I sent an email for two properties.

00:10:41: In about An hour i had Rough valuations back what they could do.

00:10:48: Then and the KYC for the client.

00:10:51: The next day?

00:10:51: I set the KYc documents from the client to them And again in about one or two hours white had come back with yep.

00:10:59: This is how much we can roughly give him And these are the terms and conditions.

00:11:05: That was like last week, now today we're sending... I think they transferred the funds over already for initial assessments and commitment fee that he's talking about.

00:11:20: so hopefully tomorrow once that is received will have their approval letter in hand to make a purchase and contract this Friday like ten days, whereas a normal bank is two or three weeks.

00:11:34: That speaks to your preparation on behalf of the client too.

00:11:36: you had everything ready right?

00:11:38: I mean it's normal employment information and all that sort of stuff.

00:11:42: yeah we looked at properties but now usually when move onto property You want to be quick And When have any kind of non-standard non resident buyer It's just such a chore, it takes two or three weeks to get stuff sorted.

00:12:01: In that time you may lose the property whereas in this case we saw on Thursday of last week I saw it and signed the contract this Saturday.

00:12:14: He is only condos right?

00:12:20: Only mansions.

00:12:21: Is there a condo at Yokohama?

00:12:23: up until April, I think until March that we're doing only the twenty-three wards of Tokyo.

00:12:28: And from April and this is what he said at our summit they are expanding to greater Tokyo and then some other cities.

00:12:36: yeah.

00:12:37: so just the timing worked out perfectly.

00:12:40: The Yokohama mansion overlooking.

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00:14:50: And now back to the podcast!

00:15:00: Akia and foreign buyer focus, the Akia Hub presentation by Shu Matsuo Post in Brett Lee who was also mentioned individually.

00:15:07: Was highly regarded and Ziv's discussion on expectations for agents of foreign buyers focusing on better communication was also highlighted.

00:15:15: that such a good talk you do Ziv.

00:15:17: it is so valuable to people.

00:15:21: I wish there were more agents in the room listening though.

00:15:23: Like, The ones that we're.

00:15:24: they are kind of know already doing their right thing but i guess other one's not going to turn up, right?

00:15:29: Yeah...

00:15:32: I unfortunately miss everyone talk because I think you guys as well!

00:15:36: Everyone has run around and was so busy during it..I can't listen to people talking.

00:15:41: Well thats why the recordings out So We Can Catch Up.

00:15:50: So multiple attendees commented that all the speakers were good and then every session offered value due to the smarts.

00:15:56: And savvy of each speaker.

00:15:58: Oh, and The event.

00:15:59: well it's good.

00:16:00: there was no duds by the sounds of a

00:16:03: very solid event.

00:16:05: I said this is the original Yeah

00:16:13: What was the what?

00:16:17: Was the event lengthen pacing appropriate?

00:16:19: Everyone's saying it's just right.

00:16:22: Only only one person said was too short.

00:16:26: One person said It Was Too Long.

00:16:28: Okay, that average is Just Right.

00:16:31: yeah

00:16:33: and Value for Money Just Right?

00:16:35: Um one Person Saying it's Too Expensive.

00:16:38: okay Pullman

00:16:41: Got High Marks.

00:16:43: Yeah

00:16:44: um Fifteen People seventy-one Percent of people gave it Five Stars.

00:16:51: Five people, four stars and one person are three.

00:16:54: Okay

00:16:54: One person of three?

00:16:55: And then how is the food in beverage?

00:17:00: Five stars was forty percent.

00:17:02: a people.

00:17:02: thirty-three percent said four stars.

00:17:05: Nineteen percent of respondents said Three stars.

00:17:10: an one person Said it was two star.

00:17:14: Yeah I'm.

00:17:15: yeah.

00:17:15: i wonder much that with the gala the gala dinner food I think got some quite, some criticism.

00:17:22: Could have been better.

00:17:22: yeah

00:17:23: and i agree um

00:17:25: but The space was amazing!

00:17:26: The gala dinner dining room is amazing!

00:17:30: Yeah I think all we needed to do like... We need to do..I think we discussed last time on the dishes a taste test in advance.

00:17:38: if we're having fifty sixty people come for an event uh we needs any paying.

00:17:44: it's not cheap.

00:17:46: for that we need to do a bit of a test.

00:17:47: There were way off the mark with one of those dishes.

00:17:51: well yeah so The Gala is four and five stars across, pretty much split across the board.

00:17:56: Yeah good

00:17:57: So content and learning Five star... Well how?

00:18:03: The question Is How relevant Were the topics To your interests And goals?

00:18:08: And Seventy percent Of people said five Stars.

00:18:12: That our marketing messaging of what we're actually delivering so that people can make a good choice whether to come or not is accurate.

00:18:25: But I mean, We've been doing it now for a number of years.

00:18:27: So were pretty accurate about what?

00:18:30: What we do and who we serve.

00:18:31: so It's it's good that where the people are gonna best benefit Are coming buying tickets And they finding value in it.

00:18:41: i guess that's The main thing.

00:18:44: also when like with ten plus speakers and two days worth of different talks, we're trying to do a quite broad range.

00:18:50: It's not super niche right?

00:18:53: You've got family homes, loans investments.

00:18:56: So for one person think all this is perfect for me.

00:19:00: I think it will be tough.

00:19:02: so that really good.

00:19:05: Well,

00:19:06: that's why it's important to have the breakout sessions because not everyone is interested in every session.

00:19:11: So being able to either dig deep into one thing or another and making sure that people are not conflicted about which one to join.

00:19:24: so I miss Benz because you know i was running my breakout session when ben was talking were really interested in Mimpaku, right?

00:19:37: And they missed the Bentonaka's talk.

00:19:41: But I didn't want to be at the same time as Chai for example because that would have split the room up.

00:19:50: so it is good.

00:19:52: people who are similar things aren't on at the sametime.

00:19:57: Which areas do you wanna see more of?

00:19:59: next-time financing and loans got a big.

00:20:03: They push

00:20:05: compliance in Minpaku always because that's what it has changed.

00:20:09: Oh my goodness, the changes are coming through down the pipeline guys.

00:20:14: It is really different.

00:20:18: The landscape is changing right now.

00:20:23: Market trends and data.

00:20:25: Another important one Investment case studies.

00:20:29: So obviously thats a popular a popular thing.

00:20:32: but more case studies, midterm stays and STR relocation of property management all of the above.

00:20:41: And then as people say I think Bentonaka taxes... People could have written their own.

00:20:53: Did you find that panels in Q&A sessions engaging?

00:20:56: Most people said bury and there was a few.

00:21:04: If you joined via live stream, what was your experience with the audio and... What was this one?

00:21:14: Video.

00:21:15: Audio-video and chat interaction getting

00:21:21: mostly

00:21:21: good.

00:21:22: so that's great because we've solved seems like we've.

00:21:28: We've had a couple of challenges in the past where people weren't able to interact so much or hear So much.

00:21:33: Yeah, that's mainly sorted now.

00:21:35: yeah They did give us a dedicated Wired connection for that.

00:21:41: this and we've done it a few times down.

00:21:44: And also Matt who has been running the zoom behind This is like maybe his fourth time he's done It say he's also quite familiar with these setup

00:21:53: too

00:21:54: I can control.

00:21:55: well that quality is coming through.

00:22:00: The next question is, did you make useful connections during the summit?

00:22:05: Sixty-six percent of people said yes, twenty three percent of People said somewhat and two people nine point.

00:22:15: five percent people say no not so much

00:22:18: a little surprising.

00:22:20: yeah I figured That would be higher.

00:22:22: the introverts maybe i don't know.

00:22:26: Yeah, maybe because like there's only so many ways to interact with people that are just basically while you're watching something.

00:22:33: While You're at a breakout session.

00:22:35: and then we had a lot

00:22:37: of networking

00:22:37: time

00:22:38: though right?

00:22:40: There was lots of networking Time And I think That's okay.

00:22:43: look not everyone is there for Networking But the way this venue Was both The Gala Dinner And then and but the outside terrace in the bar.

00:22:58: This is one of the reasons I was really um, i Really like this venue compared to other ones you've done in The past.

00:23:04: people could chill could sort of chill or be In a different space and just have their own time To build deep connection With with someone.

00:23:13: there were so many difference separated seatings It

00:23:16: wasn't looking Like a lot Of them.

00:23:17: did that actually?

00:23:18: I saw People in like really Deep conversations That Just missed half of the sessions because they Were getting into it.

00:23:23: Yeah I mean, every place is nice.

00:23:25: The terrace was beautiful.

00:23:26: to be outside.

00:23:27: the bar area Was really nice.

00:23:28: to be out side.

00:23:29: the breakout room was also a really really nice because it's great windows.

00:23:32: We're not in a basement It's not a dungeon.

00:23:34: It's no dark.

00:23:35: Yeah No i agree.

00:23:37: and also the lobby you know like um the lobby downstairs Is quite nice as well.

00:23:42: Do we

00:23:42: have any way of knowing?

00:23:43: Because especially in the lobby And the outside bar was very much public.

00:23:49: And I'm kind of curious if we had any way of collecting, like was were we bleeding out into the normies who would then hear—who previously hadn't heard —of the event itself?

00:24:00: Like are people starting to pick up?

00:24:02: because now more that even it's more basically...

00:24:05: In the bar there where quite a few people just hotel guests but they

00:24:09: didn't seem

00:24:10: interested in mingling and looked at us.

00:24:11: yeah

00:24:13: That is also an evening.

00:24:14: not when you started this right possibly but yeah I don't think anyone accidentally stumbled up and came into the event.

00:24:28: Are you interested in coming next time?

00:24:32: Likely, forty percent definitely sixty percent

00:24:36: Oh

00:24:37: nice!

00:24:38: And

00:24:39: no nose

00:24:40: No knows yeah, and no maybe it's complicated.

00:24:49: And what improvements?

00:24:51: this is always so We get this every time logic logistics and venue improvement.

00:24:59: day one was a little cramped.

00:25:00: Yeah with the preference for the October twenty-twenty five.

00:25:04: Oh

00:25:04: really?

00:25:05: So that's the four.

00:25:05: so the consensus as the people preferred before.

00:25:10: Well, this is the summary.

00:25:12: It may have just been one person who was only fourteen people responded there.

00:25:15: so The venues however are generally getting better.

00:25:20: Suggestions include a possible third entry night providing some sort of security

00:25:27: and Providing some security.

00:25:28: I think those.

00:25:29: yeah okay yes

00:25:30: that was a bit of an incident.

00:25:31: There's

00:25:33: enough security.

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00:26:30: Structure, session structure and content.

00:26:32: respondents suggested keeping different topics in speakers to avoid stale content.

00:26:38: Labelling sessions by experience level beginner intermediate and advanced actually that's an interesting comment really good And adding more actionable items in case studies.

00:26:49: There is a desire for a more balanced viewpoint including reasons not to invest.

00:26:54: I think all of my topic was why not to invest?

00:26:58: I actually thought we were very...I didn't feel anybody, because there's a bit of contradiction.

00:27:04: Actionable items meaning what like you want us to sell your stuff and on the other hand do you wanna be more balanced?

00:27:10: until you're not too buy stuff.

00:27:11: so

00:27:12: let's read actual.

00:27:14: for this cause it is important these improvements.

00:27:15: lets read the actual responses rather than

00:27:20: formalize breakout session providing multiple breakouts.

00:27:26: We did that

00:27:26: last time, I think it was a bit too structured for other people.

00:27:29: They said there's not much.

00:27:34: More balanced viewpoints.

00:27:35: if they're reasons to invest... There must be reasons NOT to invest.

00:27:39: would like to get unbiased views on this?

00:27:40: That is fair absolutely!

00:27:43: If anything the Brett and Shue talk about why not do things?

00:27:48: And you definitely did two and Matt keeps saying who its not four.

00:27:52: i thought we were all doing but okay thats something.

00:27:54: keep in mind

00:27:58: That

00:27:58: was.

00:27:59: one person will prefer the form.

00:28:01: Keep different topics and speakers so content doesn't get stale for veteran attendees, we do that!

00:28:08: I've never had the same topic.

00:28:10: every time...I always talk about different like i've talked.

00:28:19: Other conferences also label sessions for beginners, intermediate and advanced.

00:28:24: That's

00:28:24: an interesting comment!

00:28:26: Possibly not nothing at all.

00:28:28: possibly a third entry night.

00:28:30: that just means the third night.

00:28:33: Wow okay thats alot.

00:28:36: I don't know if i can handle it.

00:28:39: Sometimes there was a noise distraction of sitting at the back.

00:28:42: I think you handled the disruptive attendee brilliantly, bravo Blanca and me for keeping it classy And the rest of the team are handling with minimal drama.

00:28:50: impressive

00:28:52: It wasn't.

00:28:53: that was a challenge to minimum drama part.

00:28:55: Yes some kind of security.

00:29:02: I don't think Kingsley will the chat up to Kingsley and said

00:29:10: I think that's all right.

00:29:12: we've

00:29:13: covered it enough.

00:29:14: yes okay.

00:29:18: It would be good if The Breakout Room had streaming for attendees online, that's problematic i think really...I think what if there's any private information, because people sometimes like to share their private information especially with taxes and whatever.

00:29:40: That is the point of a breakout room.

00:29:42: it has more

00:29:44: personal

00:29:44: scenarios.

00:29:45: I know that Brett and Shu ask people in advance whether its okay for them.

00:29:51: We

00:29:52: do.

00:29:53: I think somebody else did last time again with permission, but in most cases it's a problem.

00:29:57: and also if we actually streamed that is going to really raise the ticket prices.

00:30:01: If you have two streams... Exactly!

00:30:05: But

00:30:06: recordings are maybe an option?

00:30:07: With permission?

00:30:09: Yeah okay or recording them then... The other

00:30:12: thing is that people give permission.

00:30:13: they're gonna hold back on their questions right?

00:30:17: Potentially Yeah, it

00:30:19: kind of feels like that's a really good reason to get your butt over here.

00:30:23: Yes!

00:30:24: If you

00:30:24: were in the breakout room... It is very much behind closed doors and real intimate,

00:30:32: you know?

00:30:34: Although we did set up a camera just for record there so some people had their microphone for them To other the other two people that work with child.

00:30:49: I was it was his name Ben and something else.

00:30:52: her

00:30:55: name is Yes, you there's another gentleman as well like been.

00:31:00: That wasn't

00:31:02: epic breakout session.

00:31:03: That was absolutely top-notch.

00:31:09: We did if he so It's not on the top of our list to sort of go through in and prepare those because they weren't initially on their on the scope, but yeah we're going to go through and then check that everything is okay for that one.

00:31:21: And ask people if they can post it?

00:31:22: But again there's no... We're gonna cut out any of the Q&A sort-of stuff on it.

00:31:27: so just... Yeah their

00:31:28: breakout was absolutely stellar.

00:31:31: So

00:31:33: shoutout for Charles!

00:31:34: The lunch sponsor had a very cool product.

00:31:36: It looks very cool.

00:31:38: I mean, he's a pro developer and i would have given him fifteen minutes to demo it.

00:31:42: He did

00:31:42: have fifteen minutes on the second day so whoever wrote that comment wasn't there on the secondary

00:31:47: right?

00:31:47: Well also if you were demoing anybody all-day everyone all-days.

00:31:52: but If people are listening we can maybe drop in notes And you know People could reach out to Charles To see his product directly be a good follow-up for him because it really was a cool product and it's solid, solid as a rock.

00:32:07: Tracy and Ziv and Matt maybe next time we can actually schedule that in like you know demo from sponsor demo.

00:32:14: but no the only

00:32:15: reason we didn't is because he had a bit of public announcing his involvement personally, the company was okay but not himself personally.

00:32:27: But then on the second day he kind of figured out that it's not an issue and then he was on stage.

00:32:30: so

00:32:31: yeah I think... He was worried about like his day job worried you know calling a conflict here?

00:32:41: It ended up not being an issue.

00:32:43: Yeah.

00:32:44: So someone said More marketing

00:32:52: more outreach.

00:32:52: Okay, they didn't hear about until last minute okay?

00:32:55: I like that idea.

00:32:56: That's

00:32:57: why we have mailing lists though.

00:32:58: people join up Join

00:32:59: the mailing list come on Come along and you know Have a session where a buyer or buyers talk.

00:33:05: it could be interesting if you get a panel of buyers to do a Q&A Absolutely even if the buys are virtual.

00:33:10: Yeah, yeah,

00:33:12: yeah.

00:33:13: Yep.

00:33:13: Okay that i like that ideal that does this new one fresh.

00:33:17: The venues are, for this summit.

00:33:19: they're getting better and better.

00:33:20: Also thanks to you all sharing your time in networking.

00:33:24: Add one more guest

00:33:26: Ken I think I've

00:33:28: asked

00:33:30: him regularly.

00:33:32: Did i ask him last time?

00:33:35: I will ask him once a week.

00:33:42: Yeah,

00:33:48: breakout rooms shouldn't be simultaneously done during the discussion.

00:33:51: would love to join both.

00:33:53: I think we covered that.

00:33:54: let's move on.

00:33:56: Definitely covered that.

00:33:57: no scroll down and

00:33:58: then hard to come up with something in this spot if it is my first time here.

00:34:03: mostly good impressions.

00:34:05: there you go!

00:34:08: Are you interested?

00:34:11: Interesting.

00:34:13: That was me in being a speaker sponsor exhibitor.

00:34:16: next time, just so we have two people that want to become sponsors.

00:34:23: I'll dig into and follow up with them And four people wanna be speakers.

00:34:31: Positive experience and gratitude.

00:34:34: So any final thoughts testimonials or shout outs?

00:34:38: Let's go to real responses.

00:34:39: Yeah, the

00:34:40: real response you don't want there?

00:34:41: You know what the Gemini feedback would like to see more multifamily focused keynotes

00:34:48: Alicia

00:34:48: and I will be happy

00:34:49: to provide

00:34:49: more of that.

00:34:50: yeah

00:34:50: absolutely um.

00:34:52: And you know multi-family.

00:34:54: i'm really keen To find some multi family and turn it into a boutique hotel.

00:34:58: But that's just me Just putting out here in the universe to see if someone wants to talk boutique hotels and let Me manage for them.

00:35:07: It's been good so far,

00:35:09: I

00:35:10: have much more knowledge and i can formulate my action plan more confidently.

00:35:17: Just one lingering question.

00:35:18: if it is as good people say this then why aren't more people flooding the Japanese property market already?

00:35:23: The skeptical me would like to know what the impediments are!

00:35:26: The second or third biggest market in the world depending on whether you go by transaction capital size...

00:35:33: it is

00:35:34: being

00:35:36: flooded.

00:35:40: yeah like there's no slowdown and that's considering the language the lack of information, which is why we do this.

00:35:51: Yeah

00:35:51: plus when I just talked about it this morning there's a bit of a lull now since The new government has been talking potentially putting in some market caps on foreign investors but that's been recovering and i don't know they're going to be doing much more than that.

00:36:06: But otherwise It hasn't been flooding today We started.

00:36:08: definitely

00:36:11: From

00:36:11: my perspective.

00:36:13: There has, like I'm seeing a huge uptick in the number of MIMPACU licences applications as well.

00:36:23: As a lot more entries into the MIMPPACU space.

00:36:27: it's certainly different.

00:36:31: demographics are being saturated absolutely i'm seeing that.

00:36:37: but uh yeah there's still.

00:36:40: I think that i'm still bullish on the market and obviously we're you know for our demographic.

00:36:45: oh hey kitty kitty hello.

00:36:46: um sorry for people who who think i've just like lost my brain.

00:36:51: um zeve just zev just brought a cat and put it on screen.

00:36:54: whose cat is it?

00:36:55: are you at zibs house?

00:36:56: okay one of seven.

00:36:59: You got seven cats,

00:37:01: We do!

00:37:01: That-that's a different podcast.

00:37:04: Oh I want to come and play with the seven cats.

00:37:08: You're in Fukuoka love.

00:37:11: So that's the impediment to, so why isn't a market being flooded?

00:37:17: The actual answer is...the market IS being flooded and that's a good thing.

00:37:20: where I think there are still plenty of runway guys!

00:37:26: It's a big market it's not a monolith.

00:37:31: thank you for putting on great event.

00:37:33: hopefully next year i can sponsor And I have made some poor decisions and wasted twenty years, and this conference has made me feel more optimistic that i can build a financially stable future.

00:37:49: Oh see!

00:37:49: That's just made my day.

00:37:51: yeah thats

00:37:52: why we do it for comments like these if we've helped this person.

00:37:57: It was also social.

00:37:58: um...I immediately booked and paid a consultation with Ben Tanaka an intent to approach a meal-for-services too.

00:38:05: I'll get you that person's email address, Emil.

00:38:08: I'm keen to get a much younger women involved so they can set up their financial futures and property portfolios?

00:38:15: I agree!

00:38:15: I can

00:38:15: tell you most of the bilingual foreigner-friendly Realtors we work with are young women... Yes They're definitely sharp And got their financial future sorted for sure.

00:38:30: Excellent value for money and enjoyable two days.

00:38:33: Super convenient venue with lots of zones for chilling, socializing in consultants.

00:38:38: please feel free to use any of this testimonial.

00:38:40: full name and picture is fine.

00:38:42: See

00:38:43: you next year.

00:38:44: thank-you current panelist.

00:38:45: amazing great people.

00:38:47: Thank You This Is My First Time Attending.

00:38:50: would definitely love to attend again.

00:38:52: speakers are easy to talk With and they entertain questions based on experience And their expertise.

00:38:57: I'm glad that i attended and hope to attend next year, well it's this year actually.

00:39:03: Great speakers!

00:39:04: I love the venue coincidentally very convenient for my commute.

00:39:07: okay at

00:39:08: the end so great responses.

00:39:12: oh thank you.

00:39:12: yeah they keep getting better every year too

00:39:16: Right

00:39:18: now.

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00:41:26: today

00:41:28: We do have to sit down and figure out for the October like we've got...we can announce dates

00:41:35: We have, we can announce it again.

00:41:36: Seventeenth, eighteenth October definitely in Tokyo venue to be announced.

00:41:43: I've inspected another venue and i think that's... It blows out the budget!

00:41:47: The goal with is try keep price affordable for people.

00:41:54: You know, the only way we can have it at such a nice venue is to have sponsors.

00:41:57: So if you're interested in sponsoring please just give me an.

00:42:01: I'm not all men of mystery.

00:42:02: come find me and i will help you become a sponsor and get in front of this audience.

00:42:08: um

00:42:10: because that like our goal And I think all of us are on the same page In that We want To be first and foremost providing value and education On how to do It right and to make sure that Japan, Japan real estate stays you know like we have the right people coming in with the right information.

00:42:30: And they don't make bad investment choices.

00:42:32: so um yeah I think that's what we all have in common With all of our different businesses am i right?

00:42:41: Absolutely

00:42:43: I just love you guys, I know.

00:42:44: It's really like therapy and

00:42:48: we're a family!

00:42:49: Just feels real good And the people that were attracting have that as well.

00:42:54: That makes me happy.

00:42:55: The community where building...I'm proud of it.

00:42:58: We all need to be proud.

00:43:04: It sounds like the five of us, right?

00:43:15: Yep.

00:43:15: The

00:43:16: OGs.

00:43:17: and then slowly we got more speakers And majority of those speakers have continued to come and become sponsors.

00:43:27: I've done business with a lot of these people now that are going with Chai and Mark With each one you guys as well Matt, I think we still need to do a deal together.

00:43:40: You and Matt are

00:43:43: on the opposite side of this spectrum with stuff that you feel

00:43:49: like... Give it time!

00:43:51: We each capture certain things individual social medias.

00:43:56: We capture a lot of, you know inbounds right?

00:43:59: And so I'm always sending people off to Matt.

00:44:02: was it depending on what the person...I usually talk to the person find out what their needs are and then i'm shipping them off.

00:44:09: Yeah, so we just have to sit down and figure out if Pullman is the right place or We have to figure out money in budget And all those sorts of things.

00:44:22: So but it looks like the pricing would get one of keep at The same pricing.

00:44:27: yeah want to give you tickets are the same prices.

00:44:28: But also I'm not afraid to share on the recording that In a couple of events were out-of-pocket Like this is definitely not Income stream for us purely to build the community and get in touch with people And get you guys in touch With each other.

00:44:42: so To keep the venues as nice As they are we need to figure out The ticket like it's okay, too not make money but being Out of pocket is a little bit Too much For Us.

00:44:51: I think.

00:44:52: yeah

00:44:53: Yeah i dug that comment Two about outreach and more or less just Like promotion stuff.

00:44:57: That's something i'd like to chip into.

00:44:59: that if possible kind Of connecting things.

00:45:00: and Just well one thing You have to keep in mind right Matt.

00:45:06: so I was thinking about this a lot.

00:45:09: the venue.

00:45:10: We were pretty much at max capacity.

00:45:12: I'd say there's not a lot of room for extra ticket sales.

00:45:17: The amount to speak is that we have plus everyone got an entourage.

00:45:20: So, that's another least twenty two Twenty-five people of just admin and speaker group right?

00:45:26: That are you're not paying.

00:45:28: And then we had with sixty eighty eighty tickets.

00:45:30: i think on the first day There wasn't no room The front room, there was even a comment.

00:45:36: It was too full for the first two talks with Mike and Akiyaha Brett and Shu And so I did talk with the Azalec Sun about it on the second day For those big sessions at the start we should be able to cut the doors.

00:45:53: So the full backroom as well is like that.

00:45:56: Then at lunchtime We close it off and have the two-and-two And i think definitely avoid that congestion.

00:46:01: but There's no room for more ticket sales.

00:46:04: No, I don't.

00:46:06: we're kind of at the top end of it.

00:46:07: so its either Increase a price slightly.

00:46:10: four tickets increase sponsors and sponsorship cost which i think is also realistic.

00:46:15: yeah out and Discussed with the venue about A Different their price are modifying the pricing slightly.

00:46:25: What we discussed offline?

00:46:26: Which will probably do from The next event as well Is separate the tickets into attendees like participants, people who are there for the content and industry.

00:46:37: Industry people if you're.

00:46:38: they want to network your business that's absolutely fine but it is not going to be the same price.

00:46:42: You

00:46:42: will pay more because we can have unlimited people on this stream.

00:46:50: pretty much right.

00:46:51: so thats only other option what are offering enough value as a hybrid?

00:46:57: And is that something, how do we make it more attractive to a broader audience online?

00:47:10: The streaming numbers basically just break even and cover the cost of the streaming service.

00:47:16: Exactly!

00:47:17: That's not... We do those tickets very reasonably priced

00:47:21: But potentially could have more people right or would work well with comments

00:47:30: You know, even if we get um you know, thirty more people it's not going to really put a dent

00:47:36: in the cost

00:47:37: of financials.

00:47:38: No The streaming is a service.

00:47:39: I don't think It's definitely Not A Profit thing.

00:47:42: Yeah

00:47:43: Or

00:47:43: If Someone's Got Some Really Good Ideas Like Comment

00:47:48: Yes Please

00:47:50: We're Open To Suggestions.

00:47:52: We

00:47:52: Want To Serve The Community.

00:47:54: So yeah i Think What We've Discussed Sponsor Pricing The Number Of Sponsors maybe just a general ticket price slightly increase, venue price down.

00:48:06: But I think the big one is that attendees will separate into industry participants.

00:48:12: so if you're an agent basically working in real estate business versus someone who's there as consumer they want to buy place and invest or learn about short term their primary businesses not real estate unless it's just an investor then that's one category.

00:48:32: But there are lots of industry participants and you know who you are, industry participation?

00:48:37: And we're not here to facial recognition!

00:48:40: You can't get away with it.

00:48:43: but One thing We do have To Do as well is talk too.

00:48:47: I mean people Have found That our sponsors Are like in line.

00:48:51: We will circle back With Our Sponsors and Find out How Their Reactions Were.

00:48:58: uh if they feel like they've got value for money.

00:49:01: so you know we want to be able to offer value on both ends.

00:49:04: Yep all righty, thank

00:49:07: you very

00:49:08: much.

00:49:09: the next one will just talk.

00:49:10: hopefully we have another jrep podcast soon.

00:49:15: I'm down this time every week in my calendar.

00:49:18: i've got lots to talk about with me that all these mimpaku changes.

00:49:21: there's a lot to talk.

00:49:27: Interest rates are going up.

00:49:29: Well, you've got lots to talk about as well.

00:49:31: interest rates and a growing up.

00:49:33: And yeah and lots of.

00:49:35: I want to bring on some.

00:49:38: um i wanna Bring on some people to talk About design Um and to be creative.

00:49:43: uh creative designs and even then You know that might Be A better youtube rather than the voice podcast.

00:49:50: Oh, this is going on YouTube.

00:49:52: So everything that we record goes in both.

00:49:54: but yeah the architect there was In The Crowd On The First Day.

00:49:58: I think he... Yes!

00:50:00: He was talking with Blanka a lot and

00:50:04: he'd be

00:50:04: an interesting one to bring.

00:50:05: It's

00:50:05: very Interesting.

00:50:06: i also have another friend who Is An Interior Architect And She Specializes Like Heritage Houses.

00:50:17: I like the idea of maybe getting some people on to talk about their case studies, how did they go?

00:50:25: What they've learnt through the process and having some civilians to see...to talk what they're doing.

00:50:36: Sounds like a plan!

00:50:36: Alright folks watch this space Like & Subscribe!

00:50:44: So there you have it.

00:50:45: Your feedback on April's Japan Real Estate Summit, the seventh iteration now held in Tokyo and online.

00:50:50: Thank You for your super valuable feedback And those very kind words.

00:50:54: If you haven't filled in the survey but want to tell us what you thought, we would love to hear from your comments section or wherever you might have found this episode.

00:51:02: YouTube.com.

00:51:02: forward slash Japan real estate is probably best ways to leave these comments and mark your calendars!

00:51:08: Seventeenth and eighteenth of October which are when the autumn session will take place.

00:51:13: We'll see all again very soon.

00:51:16: Now can't let go without telling y'all about yen loans our latest sponsor.

00:51:21: they're a new non-bank lender offering financing to non-residents of Japan for purchases of Tokyo condominiums.

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00:51:49: Any of these things with a streamlined application process too.

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00:52:06: That's fifty thousand yen off the two hundred thousand-yen application fee To qualify.

00:52:10: apply through the Link In Our Show Notes again or enter.

00:52:20: And that's it from us for this episode.

00:52:21: folks huge thank you for tuning in.

00:52:23: please do follow and subscribe to the show if.

00:52:25: This is your first time listening, and we'd love it If you could like an even share this Episode with anyone You think might fight interest in It.

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