3 April 2023

Age no barrier for 22-year-old company founder Joshua Meli

| Travis Radford
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Prosba founder Joshua Meli sitting on a stool, smiling, with his hands clutched in his lap.

Joshua says his dad first sparked his interest in property. Photo: Boring Headshots.

Joshua Meli is not your average 20-something. Not long ago, he was a young kid helping on his dad’s worksites. Now he owns his own company.

Over the past decade, Joshua has worn many hats: property manager, project marketer and property acquisition manager, to name a few.

He received an industry award in 2019 when he was named Rookie of the Year by the Real Estate Institute of ACT.

But Joshua said his youth has been no barrier to his passion for all things property.

“I probably would have viewed my age as a problem when I was 17, 18. That was always in the back of my mind,” he says. “But I’ve come to the point where my confidence really helps me and that question never really comes up.”

Fast forward to 2023 and Joshua’s latest accomplishment is launching Prosba (a play on ‘prosper’ and ‘ba’, which stands for buyer agent).

“I kind of knew that I was always going to own my own business, I just didn’t know in what space,” he says. “I heard about the investment buyer agent service and I started doing a lot of investigating.

“But I also just noticed there were no investment buyer agents focusing on the Canberra market.

“So I thought there’s definitely a niche there I can tap into and give Canberrans knowledge on investments.”

READ ALSO Canberra real estate agent Phil Kouvelis celebrates 50 years in the industry

A buyer’s agent is a licensed professional who represents the interests of a prospective buyer in a real estate transaction.

An investment buyer agent manages the logistics of the entire investment property buying process on the buyer’s behalf. This typically includes finding a property in Australia, conducting due diligence and finally purchasing the property.

Joshua says he wants to share his knowledge with Canberrans to help them achieve their financial goals. He believes potential buyers finding the Canberra housing market out of reach could explore other markets to get their foot onto the property ladder.

“The people who are going to benefit from a buyer’s agent are the people who can’t afford to enter the local market,” he says.

Joshua says entry to market for a free-standing home in Canberra might require a minimum $200,000 deposit, whereas a buyer agent could offer entry to an interstate market as low as $60,000.

READ ALSO No better time for graduates to climb the ranks of the construction industry

The young company owner said it was his dad, who owns a building and pest inspection company, who first sparked his interest in property.

“Being a young kid on the worksite, just to just help dad out, that’s how I originally got introduced to the property business,” he says.

“Then when I got to 15, 16, I knew that I was going to work in property, I just didn’t know where at that point.

“And that’s why I ended up getting my Certificate IV in building and construction.”

Joshua says having worked in and studied real estate and construction has given him an edge in his new business.

“When a building and pest inspector goes through and I review the report, I can understand what is going to be important to fix prior to renting out the property,” he says.

The young company owner says his next goal is to expand Prosba’s client base.

“Anyone can book in and we can have a chat over the phone about their financial situation,” he says. “And if they aren’t ready to purchase yet, then I’ll give them some advice on how to be purchase-ready.”

To book a free, no-obligation 15-minute discovery call, visit Prosba.


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