The coronavirus crisis has caused some to run for the hills, overwhelmed by what appears to be a risky time for new ventures.
But the opposite is true for Queensland-based agents Lou Cooper and her daughter Ambre Perry who are set to shake up Buderim and its Sunshine Coast surrounds with their new agency, โPerry Cooperโ.
And what better way to celebrate taking this leap of faith than parachuting onto Australiaโs most glorious coastline, Lou reasoned.
โItโs going to be an exciting new adventure weโre taking together so the adrenaline rush of jumping from a plane seemed like the perfect way to celebrate our start,โ Lou said.
Lou said a need for more flexibility in life combined with changes amplified by COVID meant now was an opportune moment to strike out on their own.
โWe saw the coronavirus crisis as presenting an opportunity,” she said.
“Itโs important you donโt sit on the fence and wait for things to happen because everything is changing and if you donโt change with it, youโll get left behind.โ
Experience pays
Lou admits that she had โlots of livesโ before real estate became her passion.
โI was an international trolley dolly with Qantas โ I met my husband flying and weโve been together nearly 40 years.โ
In what could only be described as lousy timing, she decided to open her own agency just before the GFC hit.
โIt was an absolute disaster,โ Lou explained.
A move to Sydney doing five years with McGrath ended up being just the tonic. Lou skilled up and felt confident to forge on.
โAmbre also came to Sydney with me, but she didnโt join McGrath. Instead, she worked with one of the top agents in Balmain/Rozelle as his PA.โ
Ambreโs eventual return to the Sunshine Coast would have been enough of a drawcard for Lou to head back home, but when it was announced a grandchild was on the way, there was no stopping her.
And so, Lou and Ambre found themselves both working for a major brand on the Sunshine Coast.
โWe realised very quickly that potential vendors thought it was amazing that we were mother and daughter.โ
Lou said apart from the obvious familial bonds that clients liked, she and Ambre were able to easily relate and empathise with buyers and sellers across the generational gap.
Lou said they also brought different skill sets to the table, with Ambre being the more meticulous of the two.
The leap of faith
Lou said when they first began to consider opening an agency, UrbanX wasnโt on their radar.
โWe almost surprised ourselves when we decided to talk to Dan Argent (UrbanX CEO). It wasnโt something we were looking for. But Iโm a big believer in disrupters like Uber, and I saw Dan as a disrupter. I was curious and wanted to know more.โ
The onset of the pandemic and a recognition their industry was undergoing a necessary revolution prompted the duo to take things further.
“COVID has changed so many things and real estate is among them,”Lou said.
โSo, I was intrigued about UrbanX and I persuaded Ambre to come and have a chat with Dan, and we realised it was the perfect opportunity.
โI think people are looking for a more personal approach.
โI also think agents are realising they work really hard for their money โ everyone thinks you donโt, but you do โ and you work really long hours and you donโt get paid for them when you work for bigger agencies.โ
Lou said UrbanXโs offer to help brand and market โPerry Cooperโ was highly appealing, but their management of back-end admin sealed the deal.
โThe concept of UrbanX doing all those background things that take so much time and effort, and that somebody else is so much better at doing. The team at UrbanX are fantastic.
โAnother advantage is you donโt have to carry so much stock. You donโt have to do so many transactions, but rather can be more attentive to the transactions that you do.โ
Lou said having their own brand also affords them the flexibility they need to excel in their market.
โIn the bigger agency we were restrained by the type of marketing we could do, the cost, and restricted by the area we could market ourselves in.
โAlso, we can work from home, so our overheads are low. In fact, our overheads wonโt change from what they were when we were working for other brands.โ